How to use Support and Resistance Effectively - page 69

[Sergey Golubev]

Tom Demark points and trend lines.

https://www.mql5.com/en/forum/173153

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support resistance lines based on fractals:

this post https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here

[[Deleted]]

[Mohammad Izwan Mohd Salleh]

SupportAndResist Trade EA

Can someone pls advise me on changing this ea lot size to 0.1? Currently it starts with 1.0 lot size.. Thanks you..

[cibbber]

Manjch:
Can someone pls advise me on changing this ea lot size to 0.1? Currently it starts with 1.0 lot size.. Thanks you..

is easy

symple change this part in the code

if(trendType=="bullish")

{

if(Ask>resist) OrderSend(Symbol(),OP_BUY,0.01,Ask,3,support,0);

}

if(trendType=="bearish")

{

if(Bid<support) OrderSend(Symbol(),OP_SELL,0.01,Bid,3,resist,0);

}

[Mohammad Izwan Mohd Salleh]

cocoracas:
is easy

symple change this part in the code

if(trendType=="bullish")

{

if(Ask>resist) OrderSend(Symbol(),OP_BUY,0.01,Ask,3,support,0);

}

if(trendType=="bearish")

{

if(Bid<support) OrderSend(Symbol(),OP_SELL,0.01,Bid,3,resist,0);

}

Many Thanks to u cocoracas..

[WorldUser]

[mikelina]

maybe this is interesting

[etrader58]

Do you know a good indicator showing three levels of support/resistance in weekly or monthly basis (not daily) ?

[KennyRogers]

Traders need to manually draw these lines. It gives them a feel of the market instead of having a computer do everything for you. And these are not exactly lines anyways, they are zones.

[Moneyboy]

I draw lines on a maximum and a minimum