How to use Support and Resistance Effectively - page 82

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user92
69
user92  

support and resistance inidactor mt4

hi guys,

what is the best indicator in your mind, which showes me the support und

ressistance lines im MT4?

PeterParker
1002
PeterParker  
user92:
hi guys,

what is the best indicator in your mind, which showes me the support und

ressistance lines im MT4?

Hello! Personally I prefer Bollinger Bands and Moving average.

Regards

difenp
357
difenp  

Algorithm to detect support and resistance

Hello guys. I wanted to develop an indicator to spot support and resistance levels without using the fractals.

There is anybody here that can give me help to find any formula or pre-build indicator that works in a similar way ?

I started from this article but I do not really grasp some concepts, so I considered to start by myself but I think it might take a bit of time to reinvent the wheel.

This indicator is extremely accurate because the code and the logic behind is good but I do not know to extrapolate the code to re-use in another indicator or EA

I was wondering if somebody has a similar indicator or at least know where I can find information about the code.

here the article Displaying of Support/Resistance Levels - MQL4 Articles

Attached the file[ATTACH]indicator[/ATTACH]

Files:
Sergey Golubev
Moderator
113341
Sergey Golubev  

Hi Kummel,

I do not know about algorithm but I moved your post to this thread where you can find many s/r indicators.

You can look at those threads as well

https://www.mql5.com/en/forum/178792

and

https://www.mql5.com/en/forum/174929

and

https://www.mql5.com/en/forum/172989

and

https://www.mql5.com/en/forum/177852

and

https://www.mql5.com/en/forum/177992

and

https://www.mql5.com/en/forum/178590

Some of those indicators are similar for what you are looking.

sutrisno1981
7
sutrisno1981  

Help me,looking for autotrendline like this

HEeey,guys,please help me,I trading forex 5 month ago use manual,I use trenline touch 3 high candle or 3 low candle and this result very good.there for I looking for autorendline like this.thanks guys.

Files:
sentuh_3_cs.jpg 169 kb
Sergey Golubev
Moderator
113341
Sergey Golubev  

Hi sutrisno1981,

I think - it is Maksigen indicator which was uploaded to this thread https://www.mql5.com/en/forum/181296 with trading examples. You can select 4 high/low candles or any number of candles.

marley60
130
marley60  

mladen:
Like this?
Just replace the one from your post with this one if it is what you had in mind

A nice weekend to all

regards

I don´t understand the logic behind the filtering of the arrows. I thought for every break of a sup/res line where should be an arrow or at least for every break in a new direction. Can you please give some explanation. (found it in post 786/787 on page 79)

Files:
srbo.jpg 434 kb
tampa
2047
tampa  
Colored support resistance indicator
tampa
2047
tampa  

Dynamic support resistance lines

Dynamic support resistance lines indicator

Files:
rsl.png 58 kb
rsl.mq4 4 kb
tampa
2047
tampa  

VIP dynamic support resistance

VIP dynamic support resistance

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