Support and Resistance Zones by Eugene

This ChartScript illustrates the concept of Support and Resistance Zones as described in the August 2006 issue of Active Trader magazine. Zones are drawn as colored blocks, leading to a more organized presentation, especially when several zones overlap. We wind up with a large block of support or resistance drawn on the chart which clearly indicates areas to watch.

Author: Eugene
Category: Utilities
Creation Date: 11/9/2009
Licence: Freeware
Availability: Globally
Instructions for Script Download
  1. In Wealth-Lab client software, open the Strategy Explorer (Ctrl+O)
  2. Click the "Download..." button
  3. Click "Begin Download"