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Why not adding support and resitance in IDataService ?
 Post subject: Why not adding support and resitance in IDataService ? Post rating: 0   New post Posted: Fri 11 May, 2012, 16:58 
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Joined: Fri 02 Sep, 2011, 10:08
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Location: FranceFrance
Hello,

A request I did more than a year ago. Your recent addition of the sentiment index in IDataService
make me wonder why the Dukascopy TV daily support and resistance are not yet available through
the JForex API ? In my opinion this is an even more valuable and time saving tool !

Thanks,
Best regards !


 
 Post subject: Re: Why not adding support and resitance in IDataService ? Post rating: 0   New post Posted: Tue 15 May, 2012, 09:17 
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nicofr0707 wrote:
why the Dukascopy TV daily support and resistance are not yet available through
the JForex API ?
It is based on daily pivot indicator values, which is available from API.


 
 Post subject: Re: Why not adding support and resitance in IDataService ? Post rating: 0   New post Posted: Thu 17 May, 2012, 11:33 
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Joined: Fri 02 Sep, 2011, 10:08
Posts: 157
Location: FranceFrance
Correct me if I'm wrong, but I have checked some S/R levels published by Dukascopy TV
and compared them to the pivot indicator, some levels are the same but other not.

Moreover you describe your "in house model" to check the number of times the prices
have touched some levels, bollinger confirmation and so on...

It seems to me the levels are more accurate than just a theoretical pivot indicator.

Best regards


 

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