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  • Diskussion (2)

SFT Fractal Support and Resistance

The support and resistance levels are among the main components of the entire technical analysis.

They are used both by professional traders and by beginners.

Prices usually move within the price channels. The upper boundary of such a channel is called resistance, and the lower one is support.

This indicator plots fractal support and resistance lines at the highest and lowest local price values (fractals).


Distinctive features

  • Does not redraw.
  • Clear and understandable signals.
  • It is possible to send signals via Email, Push notifications or on-screen alerts.
  • Audio confirmation of a signal separately for support levels and resistance levels.
  • Works on all timeframes and symbols.
  • Suitable for manual trading and development of Expert Advisors.

For more accurate entries and additional confirmation of signals, it can be used in conjunction with other indicators.


Indicator parameters

  • BarCount – the number of candles (bars) for the indicator to calculate its values.
  • UseAlerts – enable/disable alerts (signals) about the appearance of new levels. True – signals are enabled. False - signals are disabled
  • SoundAlerts - use audio confirmation of signals.
  • EmailAlert – send Email notifications, configuration instructions are available here.
  • SendPushAlert – send Push notifications about signals, configuration instructions are available here.
  • SoundResistance - sound played when a new resistance level appears.
  • SoundSupport - sound played when a new support level appears.

In places of accumulation of levels, the support / resistance areas are stronger

At new and single levels, the support / resistance areas are weaker


Trading can be performed using two methods:

1. Within a channel, trade the price rebound from the channel boundaries between the support and resistance lines during a calm movement in a flat market.
  • In this case, trade movements from the support and resistance levels inside the channel
  • Place pending Sell Limit orders at resistance and Buy Limit at support levels
  • Place TP in the middle of the channel, SL = 1..2 TP
2. Outside a channel, trade the breakout of the channel boundaries - breakout of support or resistance during a strong trend movement in the market.
  • In this case, trade the channel breakout at the support and resistance lines
  • Place pending Buy Stop orders at resistance and Sell Stop at support levels
  • TP is equal to a half of the channel, SL = 1..2 TP

Other trading options are also possible, you can develop the most convenient tactics for you in the process of trading.

Additional information and a more detailed overview of trading methods can be seen here:

Trading strategies with an indicator SFT Fractal Support and Resistance - https://www.mql5.com/en/blogs/post/715986

We wish you a stable and profitable trading. Thank you for using our software!

If you like it, share a link with your friends.

In order not to miss the release of new useful trading programs. add SURE FOREX TRADING to the friends list

Bewertungen 5
bluescreen_b
44
bluescreen_b 2019.08.04 09:24 
 

Thank you, helps in my trading system :-)

Ольга Королева
26
Ольга Королева 2021.07.07 11:20 
 

хороший индикатор !!! был бы отлично если бы можно было тф менять. )))

sei-bert
154
sei-bert 2021.07.04 21:26 
 

Gut !

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MIDAS Profitas
MIDAS Profitas
Mihail Lagutin
MIDAS (an acronym for Market Interpretation/Data Analysis System) is an approach to technical analysis initiated in 1995 by the physicist and technical analyst Paul Levine, PhD. Development of the original idea was then continued by Andrew Coles, PhD, and David Hawkins. The result of their work was the book "Technical Analysis MIDAS: VWAP Approach to Trade and Investment in Today's Markets". The MIDAS approach to trading helps to reduce what appears to be market chaos in Forex, stock charts and
79 USD
Brilliant Harmonic Patterns
Brilliant Harmonic Patterns
Mohamed Sabry
This indicator is meant for Harmonic Traders, it helps them in identifying the formed patterns by analyzing the market past data, looking for Harmonic Patterns. The Patterns that this indicator can detect are: AB=CD Butterfly Gartely Crab Bat The indicator shows the following: The completed pattern, with the critical zone highlighted in Gray box The suggested 3 take profit levels (in green) The Suggested Stop Loss level (in Red) The formed pattern ratios can be checked by hovering the mouse on t
150 USD
Markov Chains MTF Indicator
Markov Chains MTF Indicator
Mustafa Doruk Basar
Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the bu
100 USD
DSuper Trend Channel
DSuper Trend Channel
Dmitriy Sychev
Dual Super Trend Channel - Индикатор канала, целью которого является нахождение правильных уровней поддержки и сопротивления. За основу при разработке индикатора брались положения Теории Ганна. Прекрасно подходит как для начинающих, так и для профессиональных трейдеров. Рекомендуемый таймфрейм - H1, H4, D1. Рекомендуемые валютные пары: Мультивалютный. Работает как на 4-х, так и на 5-и значных котировках.
100 USD
Fibo Retracing Indie
Fibo Retracing Indie
Opengates Success International
FiboRetrace Indicator is a custom indicator for those using Fibonacci indicator for trading. This was created in order to remove limiting rates of Fibonacci indicator since it is default indicator in MT4 software. This will enable the traders to use it independently and without limitation. This is created as an automated Fibonacci indicator that plots itself when a trader attaches it to his chart, it will scan the chart and locate if the trend is an upward trend, it will plot itself the way it s
65 USD
Range Exhaustion
Range Exhaustion
Robert Gerald Wood
Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
60 USD
Auto Harmonic Pattern Recognition
Auto Harmonic Pattern Recognition
Paul Bratby
With the purchase of the   Auto-Harmonic Pattern Recognition Trading Software for MT4 , you will have access to: The Auto Harmonic Pattern recognition software is designed to take the heavy lifting out of a traders Harmonic trading strategy. The Software automatically Identifies and Projects Harmonic Pattern Completion Zones for the 6 most trade-able Harmonic Patterns.  If the Pattern Completes in the projected zone, then there is a high probability of the resulting trade being successful. Pleas
69 USD
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Artem Kuzmin
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Artem Kuzmin
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Artem Kuzmin
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Artem Kuzmin
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Artem Kuzmin
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Artem Kuzmin
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Artem Kuzmin
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Artem Kuzmin
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SFT Pips Blaster
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Artem Kuzmin
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SFT Full MACD overbought and oversold
Artem Kuzmin
This highly informative indicator applies overbought/oversold levels for more accurate representation of the market situation. All moving average settings are available, including average type and price it is based on. It is also possible to change the appearance of the indicator - line or histogram. Additional parameters enable more fine-tuning, while trading can be inside the channel and along a trend. Distinctive features Oversold/overbought levels; Does not redraw. Additional parameters fo
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SFT Full OsMA overbought and oversold
SFT Full OsMA overbought and oversold
Artem Kuzmin
This highly informative indicator applies overbought/oversold levels for more accurate representation of the market situation. All moving average settings are available, including average type and price it is based on. It is also possible to change the appearance of the indicator - line or histogram. Additional parameters enable more fine-tuning, while trading can be inside the channel and along a trend. Distinctive features Oversold/overbought levels; Does not redraw. Additional parameters fo
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SFT Local Trend Signal
SFT Local Trend Signal
Artem Kuzmin
Arrow indicator, to determine adjustments and local trends The arrow appears on the current bar and after closing the bar will not disappear. Allows you to enter the transaction at the very beginning of the movement Thanks to the flexible settings you can use on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Does not redraw. Additional parameters for fine tuning. Works on all timeframes and symbols. Suitable for trading c
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Auswahl:
Ольга Королева
26
Ольга Королева 2021.07.07 11:20 
 

хороший индикатор !!! был бы отлично если бы можно было тф менять. )))

sei-bert
154
sei-bert 2021.07.04 21:26 
 

Gut !

bluescreen_b
44
bluescreen_b 2019.08.04 09:24 
 

Thank you, helps in my trading system :-)

Thomas Fairhurst
1184
Thomas Fairhurst 2019.06.05 09:09 
 

Average indicator.

Matthew Todorovski
13236
Matthew Todorovski 2018.06.30 14:31 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Artem Kuzmin
35064
Antwort vom Entwickler Artem Kuzmin 2020.10.22 12:24
Better put yourself one star and stop cheating)))
My FREE is many times better than your PAID :-)))
Antwort auf eine Rezension