Weekly support and resistance levels
In the stock market technical analysis, support and resistance is a concept that the movement of the price of a security will tend to stop and reverse at certain predetermined price levels.
Support and resistance levels can be identified on any timeframe. However, the most significant ones are found on the higher time frames, such as daily, weekly, and monthly.
This indicator using the weekly OHLC data to identify the relevant levels. This is a support and resistance indicator.
The indicator plots 5 Fibonacci retracements according to recommendations about trend lifetime given by V.V. Pershikov. All lifetime parameters can be customized. Retracements are plotted at the moment of attaching the indicator to the chart and at the moment of scaling. It is made for increase in productivity. If the indicator re-plots on every tick, its operation will be slowed down due to abundance of calculations which come from check of 61.8 level breakthrough. Plotting can be changed manua
Japanese candlestick analysis is one of the most used methods for determining a reversal or continuation of a trend. The Colored candles and patterns indicator can display the names of many famous candlestick patterns on the chart and signal when they appear. In addition, some candles, not being a specific model, have a strong tendency to continue the movement, or its turn. Using this indicator, you can see such candles - they are displayed in different colors. This indicator calculates the par
This Expert Advisor is designed for mechanical (manual) trading strategies. Manual trading! Muholov: MULTI Likhovidov Folding rule automatically finds Likhovidov Folding rule pattern on 276 trading symbols (can be changed in the external settings) and on timeframes from М1 to W1 (8 in total) displaying appropriate comments with recommendations. Likhovidov Folding rule is a pattern consisting of three (or more) successively angle-wise segments representing support (if the price is rising) and res
Индикатор рисует 2х барные свинги Уильяма Ганна без перерисовки, ромбами помечает бар который сформировал свинг пробитием максимума/минимума для удобной визуализации запаздывания, при появлении внутренних или внешних баров . Внутренний бар: текущий High ниже предыдущего High и текущий Low выше предыдущего Low, такие комбинации индикатор игнорирует. Внешний бар: текущий High выше предыдущего High и текущий Low ниже предыдущего Low, при такой комбинации засчитывается пробитие предыдуще
Strong Retracement Points Pro demo edition! SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! If you are still hesitating to start using this wonderful tool, you can check this link to see h
Multicolor Trend is a trend Forex indicator painting bars in certain colors. The indicator settings have one non-customizable parameter - period. Six user-defined colors for better visualization show a trend, its weakening, points of consolidation and possible trend formation. The indicator works on all timeframes. The product is best suited for working with highly volatile pairs.
The indicator shows the potential trend direction by cyclical-wave dependence. Thus, all the rays of the intersection will be optimal rays, in the direction of which the price is expected to move, taking into account the indicator period. Rays can be used as a direction for potential market movement. But we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
Universal Support and Resistance MT4 The " Universal Support and Resistance " draws three key levels of support and resistance levels based on special calculations by Fibonacci. Features The levels are drawn at 00:00 O'Clock of broker time. Works on all symbols. Works on all timeframes except Daily,Weekly and Monthly. Ability to Show/Hide each level, separately Input Parameters Loopback Days - the number of days to show the levels ====== High Impact SUP/RES ====== High Impact Sup/
"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
This is a all-in-one indicator with great proprietary forecast feature. Indicator calculates trading direction and forecast levels for the current chart and for the higher and lower charts. Best opportunity for trading is when all trade signals are in line in the direction of the forecast based on the lower chart (see screenshot). The indicator also includes all traditional stuff: Trend indicator (current chart and higher & lower charts) Reversal signal (based on Williams Percent Range - WPR) Di
The indicator displays the data of the Stochastic oscillator from a higher timeframe on the chart. The main and signal lines are displayed in a separate window. The stepped response is not smoothed. The indicator is useful for practicing "manual" forex trading strategies, which use the data from several screens with different timeframes of a single symbol. The indicator uses the settings that are identical to the standard ones, and a drop-down list for selecting the timeframe. Indicator Parame
Laguerre SuperTrend Clouds adds an Adaptive Laguerre averaging algorithm and alerts to the widely popular SuperTrend indicator. As the name suggests, Laguerre SuperTrend Clouds (LSC) is a trending indicator which works best in trendy (not choppy) markets. The SuperTrend is an extremely popular indicator for intraday and daily trading, and can be used on any timeframe. Incorporating Laguerre's equation to this can facilitate more robust trend detection and smoother filters. The LSC uses the impro
TWO PAIRS SQUARE HEDGE METER INDICATOR Try this brilliant 2 pairs square indicator It draws a square wave of the relation between your two inputs symbols when square wave indicates -1 then it is very great opportunity to SELL pair1 and BUY Pair2 when square wave indicates +1 then it is very great opportunity to BUY pair1 and SELL Pair2 the inputs are : 2 pairs of symbols then index value : i use 20 for M30 charts ( you can try other values : 40/50 for M15 , : 30 for M30 , : 10 for H1 ,
TrendLine PRO indicator is based on the analysis of the strength of bulls and bears. It shows the highlighted trend line (blue is bulls and red is bears), the entry point and the calculated TakeProfit and StopLoss levels. You can manage levels and other settings which makes the TrendLine PRO a universal tool for any strategy. TrendLine PRO never repaint and does not change the levels!!! The dashboard panel displays the current signal (BUY or SELL), the Success Rate value, and the overall resu
This indicator shows reversal bar patterns* including these patterns: Reversal Day Key Reversal Day Outside Reversal Day Outside Key Reversal Day Signal Day Gap Signal Day Snap-Back Reversal Day Indicator Settings Show Alert : Alerts if any reversal bar pattern happens. Show Reversal Day Pattern : Shows Reversal Day Pattern if enabled. Show Key Reversal Day Pattern : Shows Key Reversal Day Pattern if enabled. Show Outside Reversal Day Pattern: Shows Outside Reversal Day Pattern if enabled. Sho
Buy Sell Strength (BSS) (For MT4 ) is a stock technical analysis oscillator, showing bullish (buy) and bearish (sell) strength by comparing upward and downward stock momentum movements. The BSS is easy to interpret: 1. When BBS Histogram is moving Upward, it is bullish, when it is Downward, it is bearish. 2. When the Orange rectangle is changing shorter and shorter, it shows the trend will change direction. when it dispears, it shows Buy or Sell signals. 3. BSS is considered overbought whe
Square Dashboard is a new generation indicator that has the task of simplifying the technical analysis of the market and speeding up access to the charts. The logic of this indicator is really simple but effective, you can observe the daily, weekly and monthly opening values. The confluence of these values leads to the generation of the warning, red to identify bearish conditions, green to identify bullish conditions, while the gray color identifies the lateral condition. Having the whole market
This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters ForcedTF - cha
Accuracy of correct predictions 83%! This indicator was tested on the basis of real statistics for all market indicators according to indicators for 3 months of trading. 83% of correct trade forecasts for usd / jpy on the m30 time frame were received on our statistics! if you have any questions, please contact us in private messages or in discussions under this indicator and we will figure it out and help any questions will arise personal messages or in discussions under this indicator As soon
Rainbow EA MT4 is a simple Expert advisor based on Rainbow MT4 indicator witch is based on Moving average with period 34. The indicator is not required for the EA to operate, it is incorporated in the EA and can be downloaded from my product page . Settings: Magic number : 1479598 Suitable for Timeframes up to H1 The parameters below can be set according to your trading rules. StopLoss ( Stop Loss in pips) TakeProfit ( Take Profit in pips ) MaxTradeDurationBars ( in Bars ) MinTradeDurationBar
Optimal for Binary Options and Forex. For beginners and intermediates. Lotus is 100% non repaint. The strategy is based on 4 ADX parameters, including pivot points and candle patterns. It is recommendable to combine the arrow with an moving average, Elliot waves indicator or Parabolic SAR. The main goal was to keep it as simple as possible ! No useless oscillators. Add your favorite trend indicator and combine it with the arrow. Important period - the number of bars you can backtest the s
Description Pivot Pro is a universal color indicator of the Pivot Points levels systems. You can select one of its three versions: Standard Old , Standard New and Fibo . The system will automatically calculate the Pivot Point on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
The Th3Eng PipFinite indicator is based on a very excellent analysis of the right trend direction with perfect custom algorithms. It show the true direction and the best point to start trading. With StopLoss point and Three Take Profit points. Also it show the right pivot of the price and small points to order to replace the dynamic support and resistance channel, Which surrounds the price. And Finally it draws a very helpful Box on the left side on the chart includes (take profits and Stop loss
This is an Meta Trader 4 version of the indicator! This arrow indicator searches for possible market reversals and correction movements on timeframes H4 and D1 . It is based on Forex market regularities, accurate detection of current extremum and detection of candlestick patterns on market highs and lows. The universal algorithm helps identify reversal points and draws arrows indicating where to enter the market. The indicator is very easy to set up! Attach to the desired symbol chart and watch
It is an indicator for high quality scalper signals that can be used in any timeframe. The indicator has an alarm that can alert the trader to the trading starts, and has a proactive system that can be used to improve risk management and also to alert the trader in the trading starts. The indicator suggests only entry point and take profit, leaving the stop loss to the trader's discretion, its recommended at the last top or bottom, or at a point in accordance with the risk management. Importan
An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. The second gap is in the opposite direction. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - color of an upward line ColDn - color of
Trade with Gann on your side!! MASTER CIRCLE 360° CIRCLE CHART, originally created by Gann admitted that this is “The Mother of all charts”. It is one of the last studies that this great trader left for us. The numeric tab le is apparently quite simple like all the tables and is based on square numbers, the SQUARE OF 12 and is by evolution, one of the most important square numbers. Here we can find CYCLE, PRICE AND TIME thanks to angles and grades, to show past and future support and resistance.
This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter out only the strongest setups. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For ins
The Infinity Expert Advisor is a scalper. When the resistance and support levels are broken, trades are opened in the direction of the price movement. Open positions are managed by several algorithms based on the current market situation (fixed stop loss and take profit, trailing stop, holding positions in case of trend indication, etc.). Requirements for the broker The EA is sensitive to spread, slippages and execution quality. It is strongly recommended not to use the EA for currencies with
This is not Th3Eng PipFinite indicator It is Th3Eng PipFinite PRO ==> based on another logic and algorithms (Th3Eng PipFinite Original is here ) Attention: New update arrived for Th3Eng PipFinite PRO EA. So please contact us to get the new one The Th3Eng PipFinite Pro indicator is based on an analysis of the right trend direction with perfect custom algorithms. It show the true direction and the best point to start trading. With Stop Loss point and Three Take Profit points. Also it show the r