How to detect break out from support/resistance line?

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mikes2010 16 posts msg #97594 - Ignore mikes2010	11/23/2010 8:16:56 PM Hi, What formula to use to detect break out from support/resistance line and going up/down and then touching the support/resistance line again? Any ideas of formulas to use? Thanks
mdl060374 94 posts msg #97601 - Ignore mdl060374	11/24/2010 1:18:46 PM Great idea, but the issue is determining what exactly support/resistsance "is" from a formula standpoint. From what I have seen here, the technical patterns dont really work that well when being scanned for.