MQL5 resistance & support

Joze Silc 2022.11.27 06:32

How calculate resistance and support of current time-frame!?

I don't want indicator! I want calculate resistance and support within EA.....

Fernando Carreiro 2022.11.27 08:19 #1

siljo: How calculate resistance and support of current time-frame!? I don't want indicator! I want calculate resistance and support within EA.....

Unless you are able to define in concrete terms what you mean by your definition of "resistance" and "support ", you are not going to be able to code it.

Joze Silc 2022.11.27 10:16 #2

Fernando Carreiro #:

Unless you are able to define in concrete terms what you mean by your definition of "resistance" and "support ", you are not going to be able to code it.

this is not my definition but is known as:

https://www.babypips.com/learn/forex/support-and-resistance

for example!

What is Support and Resistance?

www.babypips.com

“Support and resistance” is one of the most widely used concepts in trading. Strangely enough, everyone seems to have their own idea of how you should measure support and resistance. Let’s take a look at the basics first. Look at the diagram above. As you can see, this zigzag pattern is making its way up (a “bull market”). When the price moves...

Fernando Carreiro 2022.11.27 11:12 #3

siljo #:

this is not my definition but is known as:

https://www.babypips.com/learn/forex/support-and-resistance

for example!

I stated “in concrete terms”, not in subjective terms.

Joze Silc 2022.11.27 11:32 #4

Fernando Carreiro #:

I stated “in concrete terms”, not in subjective terms.

for example this indicator:

https://www.mql5.com/en/code/19241

how implement within EA and get last known RESISTANCE and last known SUPPORT values?!

Resistance & Support

www.mql5.com

The indicator of support and resistance lines calculated based on the iFractals (Fractals) indicator values.

Fernando Carreiro 2022.11.27 19:26 #5

siljo #: for example this indicator: https://www.mql5.com/en/code/19241 how implement within EA and get last known RESISTANCE and last known SUPPORT values?!

Well, if you already have an indicator for it, then use the iCustom function to read the indicator values from your EA.

Documentation on MQL5: Technical Indicators / iCustom

www.mql5.com

iCustom - Technical Indicators - MQL5 Reference - Reference on algorithmic/automated trading language for MetaTrader 5

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