How to use Support and Resistance Effectively - page 89
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Forum on trading, automated trading systems and testing trading strategies
Forex Market Conditions, a graphic depiction
moneyline, 2008.11.09 07:18
Hi, since there's been questions about the varied Forex market conditions, here's a chart
that compares them.
moneyline
Forum on trading, automated trading systems and testing trading strategies
Where Do I start from?
Sergey Golubev, 2025.10.28 07:57
Introduction to MQL5 (Part 26): Building an EA Using Support and Resistance Zones
We looked at how to manually set up support and resistance zones using the rectangle chart object in Part 24 of this series. This allowed you to create a semi-automated trading system that reacts to the zones you draw. However, what if you want the EA to automatically, without human assistance, identify every support and resistance zone on the chart? This article will specifically address that. As usual, we will cover MQL5 principles in a hands-on, beginner-friendly manner using a project-based approach. You'll discover how to identify these zones programmatically, track price movements surrounding them, and create an EA that responds sensibly to possible reversals.