Hambones Auto Support & Resistance is part of the comprehensive Hambone Suite of Indicators, automatically identifying and plotting potential support and resistance levels to help you navigate the market with ease. Originally designed for scalping, this tool works across all trading styles, from short-term intraday trading to long-term analysis, on any market—be it Futures, Forex, Crypto, or Stocks.

Dynamic Support & Resistance Levels

Hambones Auto Support & Resistance updates levels every few bars, adapting to the changing dynamics of the market. The support lines are marked in green, while resistance lines are marked in red, making it easy to identify these critical price levels at a glance. Due to the automated nature of this tool, new lines may occasionally appear above or below the current price unexpectedly, offering additional opportunities for interpretation.

Support and Resistance Versatility: Support lines can act as resistance and vice versa, depending on the market's movement. This adaptability allows traders to make use of these levels regardless of price positioning.

Tailored to Every Timeframe and Market

This indicator adapts uniquely to the timeframe you're using, automatically plotting relevant support and resistance levels based on the market's behavior on that specific timeframe. Whether you're trading on a 1-minute chart or a daily chart, Hambones Auto Support & Resistance ensures you're equipped with actionable price levels for effective trading decisions.

Scalping to Swing Trading

Originally developed for scalping, Hambones Auto Support & Resistance can also be used for swing trading or marking out significant levels on higher timeframes to execute trades on lower timeframes. It provides traders with valuable insights across all trading styles and approaches.

Why Choose Hambones Auto Support & Resistance?

• Always Updated Levels: Automatically plots the next anticipated support and resistance levels, ensuring you stay ahead of the market.
• User-Friendly Customization: Easily toggle support and resistance lines on or off to keep your chart clean when needed.
• Versatile Use Across Markets: Works with any market—Futures, Stocks, Crypto, Forex—providing consistent support and resistance levels, no matter where you trade.

Let’s Get Dynamic!