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The Speed Resistance Lines are three trendlines which are constructed as follows. The first trendline is connected between the highest high and the lowest low in the plotting area. The other two lines are through 1/3 and 2/3 of the vertical line which is from the second extreme point to the first extreme point. The 2/3 line is the first support line. If the price penetrates the first support line, the 1/3 line will be the new support line.
The Speed Resistance Lines do not require any input parameters.
