A single level, or a zone?
Markets do not respect a single number to the cent. What repeats is a narrow area where enough orders sit to turn price. So treat support and resistance as a band whose thickness scales with the symbol's volatility: on a name that moves four percent a day the band is wider than on one that moves half a percent.
level vs zone
price ──┐ ┌── touch 1 ▓▓▓ zone (band)
└───┘ ─── single line
──┐ ┌──── touch 2
└───┘ touches rarely land
──┐ ┌───── touch 3 on the same tickHow the automatic levels are built
The engine reads local highs and lows inside the visible window, groups nearby ones into clusters, and ranks them by how many touches they hold and how sharply price turned. The strongest levels get a price tag on the axis and are drawn as dashed horizontal lines over the candles. All of it happens in your browser on the candles you can see, and when you pan to another period the levels are recomputed for it.
- ▸Touch count: a level with three touches matters more than one with two, though the fourth touch is often the break.
- ▸Sharpness: a fast rejection with long candles means orders waiting at the level; a slow one means gradual leakage.
- ▸Age: a level that has held for months carries more weight than one formed two hours ago on a minute chart.
- ▸Flip: broken resistance usually acts as support — the most practical way to use levels.
Add your own lines on top
- 1Open the workspace on the symbol and keep the “Levels” toggle on so you can see the computed levels.
- 2Pick the “Horizontal line” tool from the toolbar and click the price you want to pin — a price tag appears on the axis.
- 3Use the “Trendline” tool to join two highs or two lows, or the “Ray” tool to extend the line into the future.
- 4To move a line, drag an endpoint to change the slope or drag the middle to shift the whole line. To remove it, select it and press Delete or use the bin button.
- 5Your lines are saved per symbol: on the device when you are a guest, and in your account once you sign in, so the phone opens them too.
Testing a level before you lean on it
Is the level real?
- What to look at
- At least two touches with a clear rejection
- What it means
- Fewer than that: noise, not a level
Is the break serious?
- What to look at
- A candle closing beyond the level, not a wick through it
- What it means
- Wick-throughs are reclaimed often
Does momentum agree?
- What to look at
- The RSI reading and MACD bar width at the break
- What it means
- A break without momentum usually returns
Where is invalidation?
- What to look at
- Price closing back inside the level
- What it means
- The exit is defined before the entry