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Robots Glossary

Support/Resistance (S/R) Levels

Support/Resistance (S/R) Levels - (General concept) Price levels where buying or selling is expected to appear (not a single indicator, but often derived or confirmed by indicators like pivot points, Fibonacci, etc.). Many Forex robots identify S/R from swing highs/lows or pivot indicators to set entries, stops, or profit targets. This is a core concept rather than a single function, but tools like pivot calculations or ZigZag help determine them.