Are there indicators that plot trendlines/support/resistance in real-time on the fly?
Scenario:for Day Trading
A stock comes to my attention that I want to focus on today. Are there indicators that can plot the treadline/resistance in real-time based on historical values,
In other words, the latest support line might have been hit a number of days ago, and I would need that information for trading today in real-time so that my strategy can make the proper decision.
How can this be accomplished? Or do these type of indicators exist already?
Thanks in advance.
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