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Support and resistance - how far?
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April 25, 2015
5:23 pm
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Rocket Lover
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April 25, 2015
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I am still not sure how to properly draw Support and resistance lines……how far should I zoom out? Could you show me? thanks….

April 25, 2015
9:14 pm
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Phil G.
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I usually zoom out enough so I can see about 3 months worth of 4-hour candles, or about 8 months if it was a daily chart. Here is a screenshot of a chart I would draw S&R zones from.

how-far-to-zoom.gif

MT4 has 6 levels of zooming, and this is level 3 out of the six, so to get this zoom level you zoom in all the way out and then hit the “zoom in” button twice.

This does depends on your monitor size and screen resolution though. If you have a smaller or large monitor than me you may need to zoom in differently to get about 3/8 months worth of candles

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