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I calculate many support & resistance numbers. I draw trend lines for each number. Then I visually identify a cluster of such lines.
Example:
lines at
1212, 1217, 1218.5, 1219.2 1221, 1229
here the numbers between 1217 and 1221 represent a cluster, which gives me the S/R levels.
Is it possible to identify this cluster through a code, and then draw only one best fitting line. If the cluster can be identified then getting the best fit should be simple.
How to identify such a cluster?
Thanks for any help.
Sudarshan Sukhani
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