Support and Resistance Calculation Formula in Streak SR Scanner?


I wanted to know how does Streak S/R scanner calculates the R1,R2,R3 and similarly S1,S2,S3, which is visible on the dashboard of streak v3.



Hi Aaditya,

S/R values are calcuated by using pivot points, same as what your would see if you open chart and plot pivot points on different time frames.

How strong or valid are those level?

It depends on multiple factors.

But works very well if you combine these levels with any indicator, which you have worked with.