Speed Resistance Lines - are a figure for which it is difficult to define the general rules by quantity of maxima, minima, to the purposes of movement, etc. Therefore it is usually allocated separately.
SPEED RESISTANCE LINES
Overview
Speed Resistance Lines ("SRL"), sometimes called 1/3-2/3 lines, are a series of trendlines that divide a price move into three equal sections. They are similar in construction and interpretation to Fibonacci Fan Lines.
Speed Resistance Lines, also called 1/3 - 2/3 lines, are a series of trend lines that divide a price move into three equal sections. They are similar in construction and interpretation to Fibonacci Fan Lines (see Fibonacci Studies).
Speed resistance lines used in fxTrade create a fan similar to the Fibonacci fan. However, rather than using Fibonacci numbers, the fan uses calculations by thirds.
Speed Resistance Lines or Speedlines
Developed by Edson Gould, are a variation on the idea of dividing the trend into thirds.
7. Speed Resistance Lines
(Technical Analysis/Overlays)
... rally. Additional Information Also see trendlines and Fibonacci arcs & retracements. ...
8. Moving Averages
(Technical Analysis/Overlays) ...
 See also: Speed Resistance Line, Trend, Resistance Line, Point, Resistance
  
|
RSS
