Engineering Alpha

Engineering Alpha

Finding Trading Levels Automatically

How to Create a Scanner of Support/Resistance Levels Using Pivot Points

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
May 10, 2022
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Image source: www.pxfuel.com

Each morning when we want to start looking at the markets, we need multiple scanners and quick interpreters that give us our basic needs so that we quickly get ready. Some developers have full signal scanners and trading bots while others prefer to rely on simpler measures such as technical scanners.

This article discusses a scanner that loops around the…

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