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The_Paradoxed_Prophet

TraderTroys 5MMSR

The_Paradoxed_Prophet  
Moving Averages Trend Analysis scalping scalpingcrypto
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movingaverage trendanalysis scalping scalpingcrypto
TraderTroys 5 Minute Major Support / Resistance Indicator

This is to only be used on the 5 minute time frame. It's sole purpose is to reveal up coming major support and resistance.

Green = Less reliable

Yellow = More reliable

Red = Very reliable

However, I would recommend back testing this *by applying it to your chart and watching how price action plays with the lines.*

I would not recommend only trading based off this indicator, but use it as a form of confluence with others.

It's built around multiplications of the average price.

Here is a great example of it working:

snapshot

discord.gg/prophets
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