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Hi,
I have historical data about open, high, low and close prices of a stock for 200 days and i want to plot support and resistance lines (blue lines) as shown in screenshot below.
I want excel to automatically detect those blue lines by changing time frame from 20 to 200 days and thereby give most appropriate support or resistance line.
Can some one please help me how to approach this problem or which formulae can be used.
Thank you.
A family of Microsoft spreadsheet software with tools for analyzing, charting, and communicating data.
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At first visit this side:
https://peltiertech.com/excel-stock-charts/
Now you should understand where the problem is and why I use VBA code in my example file to scale the axes evenly.
Andreas.