It is common for traders to use the maximum and minimum price point reached in a previous day, week, month, or on specific periods as support and resistances levels.The toolkit is able to return levels from the maximum and minimum price made during:
The previous day
The previous week
The previous month
The previous quarter
Each can be displayed from the HIGHS & LOWS MTF setting section.
Users can display the maximum and minimum price point reached during a user-selected day of the week (Monday by default).If the current day is the one selected, the returned level will track the highest and lowest prices reached during the day.
Some days of the week may be associated to closed markets for specific assets. As such certain days may not return levels when selected.