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Day Trades Support and Resistance

168 USD

Demo heruntergeladen: 15

Veröffentlicht: 8 Februar 2021

Aktuelle Version: 2.0

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Neue Funktionen

Day Trades Support and Resistance

Indikatoren
Siu Keung Tse
Version: 2.0
Aktualisiert: 10 April 2021
Aktivierungen: 20

Day Trades Resistance and Support (daytradesSR) is an indicator composed of

1. The main line (support/resistance line), which shows

i. either UP or DOWN trend

ii. levels of dynamic support or resistance

2. A specific range defined by a line for range high and another line for range low. These lines serve as weak secondary support or resistance.

3. When the main line (support/resistance line) is first hit by the price after a detected trend reversal, either an UP ARROW (support) or DOWN ARROW (resistance) sign will appear on the main line.

4. There is an option for ARROW signs appear on the price as soon as a new trend is detected, i.e. trend reversal.

Users should examine their trading positions rigorously whenever the abovementioned 3 & 4 happen.

All abovementioned levels can be read from the MT4 Data Window (Ctrl-D).

Input parameters:

- Trends Detection Sensitivity: It has options from high to low, which controls the baseline for predicting trend reversals. In case of lower sensitivity, a longer baseline is used and the indicator becomes less responsive to price changes.

- Short trends filter: It has options from strong to weak, and defines the threshold of price actions identified as an early sign of trend reversal. The stronger the filter, the more short trends will be filtered out.

- Technical Objective (since version 2.0): It has 3 options to set the SR level more closely to the price: General analysis, Trading (General), Trading (Aggression).

Timeframes: as short as 1-min timeframe for day trades, and up to 4-hr timeframe for traders looking for long trends.

Screenshots: EURUSD with default input options for 1-min, 5-min, 15-min, 30-min, 1-hr and 4-hr timeframes (Ver 1.0)

Day Trades Resistance and Support (daytradesSR) is a professional grade forex indicator with proprietary algorithm.

Designed for day trades. Suitable to both traders and analysts.

mehr...

8850

Aravind Kolanupaka 2021.02.15 16:21 #

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Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find

249 USD

Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra

250 USD

1. Specifically used on EURUSD 15Min timeframe 2. Default parameter is ready for direct trading 3. A fix Stop Loss/Take Profit of 764 points (76.4pips) for a new position 4. A maximum of 1 additional position is added upon specific condition. 5. Proprietary algorithm is used. No martingale. Not a cheating EA using. However, use on other currency pairs is NOT recommended. 6. The only parameter you need to enter is the lot size for new position.

38 USD

Auswahl:

8850

Aravind Kolanupaka 2021.02.15 16:21 #

Useful indicator to confirm trend direction

Version 2.0 2021.04.10

Add the option of Technical Objective

Version 1.3 2021.02.19

Following option added: Include volume in trend analysis
If user's broker has problem in providing accurate volume data, set this option for not using it

Version 1.2 2021.02.15

Add the option of hiding the trend change Arrows (default)

Version 1.1 2021.02.13

1. Adding an arrow when an new uptrend or downtrend is once detected