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Support and Resistance Dashboard MT5

5

Support and Resistance Dashboard for MT5 is a multi-timeframe and multi-symbol scanner and alert system that finds S/R zones and pivot points for all timeframes and symbols and alerts when price has interaction with them.

If you are using support and resistance (or supply and demand) zones in your trading strategy, this dashboard and its alert and filtering system is a big time saver for you.

Download demo version (works on M4,M5,M6,M12,H3,H8 timeframes)

Full description of scanner parameters -> click here.

Also, if you are using other trading strategies, you can use this dashboard to avoid getting caught in support and resistance zones. Dashboard shows if the price is in S/R zones without the need to manually check all timeframes.

You don't need any more checking different symbols and timeframes to see if the price is inside the support or resistance zones, just run the dashboard and check the chart when an alert happens (you can select symbols and timeframes that you want to receive alerts).

Informative Dashboard:

  • Dashboard shows if price has interaction with support and resistance zones from M1 to W1 timeframes for all defined symbols.
  • Cell text shows the strength of support and resistance zones and the cell color shows the type of support and resistance zone.
  • The pivot column shows the type and timeframe of pivot point levels that price breaks them or returns to them.
  • By clicking on any of the dashboard cells, you can see the nearest S/R zones to the price and the pivot levels on the new chart.

Dashboard shows Strengths of Support and Resistance Zones:

Zones have different strengths that are:

  • Weak fresh zones: high and low points in trend that price didn't touch them again yet
  • Fresh zones: important high and low points (major turning points) that price didn't touch them again yet
  • Verified zones: strong zones, price touched them before but couldn't break them
  • Proven zones: verified zone that at least four times the price can't break it
  • Broken zones: zones that price breaks them (not applied for weak zones)

Pivot Points Features:

  • Support and resistance dashboard finds the daily, weekly and monthly pivot point levels on the chart.
  • You can receive alert when price breaks a pivot point level or returns to it.
  • You can choose between 5 different calculation type of pivot points (standard, fibonacci, camarilla, woodie and demark).

Powerful alert filters:

Dashboard has 6 filters to ignoring low quality alerts and finding best prices for order setups. 
  • minimum candle height
  • minimum candle body to height ratio
  • minimum candle height to zone height ratio
  • comparison between candle height and the height of previous candles
  • comparison between candle body and average body length of previous candles
  • comparing the ratio of candle body to ATR value

Dashboard Features:

  • You can set the parameters for support and resistance zones in dashboard input parameters.
  • You can split the symbols into 2 columns to show more symbols on the chart.
  • You can separate symbols into multiple dashboards with different parameters for each dashboard (for example for different markets).
  • There are a full set of parameters for customizing the appearance of the dashboard.
  • You can enable/disable alerts for symbols and timeframes directly from the dashboard.
  • Dashboard works for all markets and for all symbols, you can write the symbol names in the settings (comma separate) or simply set the dashboard to read the symbols from the market watch.

Different Alert Types:

You can enable the following alerts at the same time in the dashboard settings.

  • Show Pop Up Alert: Show alert window when alert triggers.
  • Send Push Notification: Send push notification to mobile phone when alert triggers. (You should set metatrader Notifications options)
  • Send Email: Send email when alert triggers. (You should set metatrader Email options)

Notes:

  • Dashboard updates every 1-minute candle open time, run it on more volatile symbols like EURUSD and BTCUSD to receive new price ticks faster.
  • Dashboard finds support and resistance zones based on shevd supply and demand indicator that you can download for free from this link (Dashboard doesn't need the indicator to run).

If you have any question, please ask in the comments section. I'll do my best to answer your questions.

Comentários 2
Naveen003
29
Naveen003 2024.03.24 12:37 
 

Great product - Very helpful. The seller responds in time and respectful.

Nicolas Dobrovsky
729
Nicolas Dobrovsky 2023.11.27 19:52 
 

This is an absolutely great dashboard. The creator responds to suggestions. Can now be seen when the price is near the SR zone. The speed of the dashboard is also very good, nothing crashes, almost instantly loaded 10 TFs. I used to watch 2 hours a day of different TFs, now I can see everything on the dashboard. Thanks

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BLAKE STEVEN RODGER
4.57 (7)
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4 (4)
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Naveen003
29
Naveen003 2024.03.24 12:37 
 

Great product - Very helpful. The seller responds in time and respectful.

Nicolas Dobrovsky
729
Nicolas Dobrovsky 2023.11.27 19:52 
 

This is an absolutely great dashboard. The creator responds to suggestions. Can now be seen when the price is near the SR zone. The speed of the dashboard is also very good, nothing crashes, almost instantly loaded 10 TFs. I used to watch 2 hours a day of different TFs, now I can see everything on the dashboard. Thanks

Responder ao comentário
Versão 5.1 2024.01.16
+ ATR indicator added to filter the alerts base on the ratio of candle body to ATR value.
+ Alert for PP level added to Pivot Point alerts.
+ If you set the parameter "Symbol List"=0 then the dashboard only loads the current chart symbol.
+ If you set the parameter "Timeframe List" =0 then the dashboard only loads the current chart timeframe for all symbols.
Versão 5.0 2023.11.16
+ Now dashboard can show the price distance to upper and lower S/R zones and pivot levels for all symbols and timeframes.
+ Dashboard shows if the price gets near to the S/R zones by changing the background color of related cell (near is based on the ATR value).
+ You can receive alerts when the price gets near to the S/R zones (near is based on the ATR value).
+ Minor bug fixes and improvements.
Versão 4.5 2023.05.09
+ Now the dashboard shows 6 near S/R zones (previously 4) in opened charts when you click on dashboard cells.
+ You can choose which type of price interaction with the S/R zones must be shown on the dashboard (entering, leaving, breaking or being inside the zone).
+ Dashboard optimization for receiving alert when “Every minute” parameter is active.
+ Now the dashboard can show the S/R zones and pivot lines on the new charts opened with custom template.
+ A parameter added to enable alerts for selected timeframes on startup of dashboard.
+ Improving the dashboard appearance.
+ Minor improvements and bug fixes.
Versão 4.0 2022.11.09
+ Pivot point lines and alerts (daily, weekly, and monthly) added to the dashboard.
+ Input parameters modified and updated.
Versão 3.1 2022.10.20
+ You can now choose when the scanner check for alerts: on timeframe candle close or on 1-minute candle close.
+ More informative alert messages.
Versão 3.0 2022.10.13
+ Now dashboard shows the near zones to price (and their name and price labels) when you click on any cell of the dashboard.
+ You can select to update the dashboard each minute or on timeframe candle close.
+ 2 more candle filters added to the dashboard: "Min. candle body to height ratio" and "Min. candle height to zone height ratio".
+ Now you can set different colors for different S/R zones.
+ You can select to show zones in the dashboards chart instead of opening a new chart when clicking on a dashboard cell (useful for wide screens).
+ Detection of broken zones optimized.
+ Now you can choose to disable finding the proven and verified zones (for those who want to work only with fresh zones).
+ "Weak" and "Untested" names for zones changed to more meaningful names "Weak fresh" and "Fresh".
+ 2 parameters "Fractal Fast Factor" and "Fractal Fast Factor" added for more compatibility with "Shved Supply and Demand" indicator.
+ Improvement in dashboard performance and minor improvements in different parts of dashboard.
Versão 2.0 2022.07.01
- Pagination added to the parameters, you can separate the market watch symbols in multiple dashboards.
- Panel shows the symbol and timeframe that is loading (on the header).
- The option “Split symbols in 2 columns” added to the parameters, now you can show more symbols in the dashboard on a single chart.
- Improvement in showing the S/R zones in charts that are opened by clicking on dashboard cells.
- Small bug fixes and performance improvement.