K-Means Support & Resistance

Question 1: What is K-Means S&R?

It automatically finds the price levels where the market keeps reacting (support and resistance) by grouping recent prices into clusters, and draws a line at each cluster - with a band showing how tight that level is.

Question 2: How do I trade the levels?

Use the lines like floors and ceilings - a bounce off a lower line is a buy hint, a rejection at an upper line is a sell hint. A tight band means a sharper, more reliable level.

Question 3: Do the levels move?

Yes - it recalculates as new prices come in, so the lines can shift a little. Always wait for price to actually react at a line rather than placing a blind order on it.

Question 4: What are the settings?

How many levels to find (3-5), the grouping method, how much history to use, and whether to show the bands.

Question 5: Is it genuine ML?

Yes - the grouping (clustering) it uses is a real machine-learning technique; here it's used to find the price zones that matter most.