Can Expert Advisors Identify Support And Resistance?

[Dave90210]

I'm planning on doing an EA that trades based on support and resistance levels. Will this be possible? If not what are some work arounds to get this to work?     

[Gert Jakobus Visser]

Hi, I do not believe it is possible, because ea's cannot read price action, they rely on technical indicators. It might be programed to pick up support levels on such an indicator, but price levels I don't think so.

[Trevor Schuil]

sitestuff:
Hi, I do not believe it is possible, because ea's cannot read price action, they rely on technical indicators. It might be programed to pick up support levels on such an indicator, but price levels I don't think so.

I use the XigXag indicator to generalize support or resistance

https://www.mql5.com/en/code/11353

 

after all, we are always guessing 

[Yiannis Georgiou]

You can define resistance and support with Pivot Points Indicator or you can define them to look for the Higher or Lower of a period of time , example The high of the last 20 candles is a resistance.

[Dave90210]

Yiannis:
You can define resistance and support with Pivot Points Indicator or you can define them to look for the Higher or Lower of a period of time , example The high of the last 20 candles is a resistance.

What's the most effective way of doing this? Also theirs strong support and resistance from longer time periods and daily support and resistance points. How do find and identify both?