The Monthly Range Support & Resistance Levels is an advanced analytical tool designed to assess monthly price movements and provide potential support and resistance levels.
This tool examines the average monthly price fluctuations over the past 7 months (default), and creates support and resistance levels based on the opening price.
The indicator also considers...
Very early in my trading career, I came across Pivot Points only to find out that there are as many calculations as one pleases. It was hard to find out which ones work. Most of them probably did only out of randomness, so I ditched the strategy and looked for something else.
I previously used my Oracle Eye and Reference Points scripts but it is time for an...
![XAUUSD: Monthly Range Support & Resistance [QuantVue]](https://s3.tradingview.com/z/zjwJ5WmI_mid.png "Monthly Range Support & Resistance [QuantVue]")
