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SAMI SAYDAM RESISTANCE AND SUPPORT INDICATOR

It is the sharp and accurate support and resistance level indicator, it moves them correctly with time and it works perfect on all time frames’ charts and on most of the trading instruments.

It uses the reality points on the top and the real bottom of each candle out of the last 20 candle bars. If the prices go from down to above the red trend line and confirm the full candle at the close above the line, then the indicator will pop up long signal alert which is telling you the current resistance is broken and the prices can go further up. Also if the price candle breaks down one of the lines especially the down line with full confirmed candle at the close, then the pop up window will alert you that the support level is broken now and the prices can go further down and it shows short signal.

The good advantage of this indicator that it gives you the signal early before any big move the prices which can give you time to buy or sell. I have added the Email & Message notifications functions so you can host this indicator with your MT4 on VPS and receive instant trading signals to your MT4 mobile phone and decide to trade while you are in the beach or shopping with your family. Just you need to configure your Metaquote ID in your MT4 options tools.

Note: The signal is popped up right after the closed candle is formed above or below the red trend line, no delays.

You can attach it on all time frames to show you online moving real resistance and support that you can rely on, especially for major time frames like 4 hours, Daily, weekly and Monthly charts. Of course, you can attach the indicator on most of the charts at the same time for the active intraday trading signals up to the minute. The 1 to 15 minutes charts are good signals for scalpers and 30 to 4 hours are good for intraday traders. The 4 hours until monthly charts are good for long term traders (1 day to 30 days period).

The only input for the indicator is PopupAlert=true to show you the pop up window showing the buy or sell signal when the current support or the resistance trend is confirmed broken. If you turn it to false then you will not see the popup window any more.

With my experience on this indicator, as an example, most of the open long trades, the close of this trade when you get the opposite short signal and can be reverse the trade or visa versa but I recommend to take your profits when you are satisfied enough with it. For the common inputs you can click on Allow DLL imports and allow external experts import.

Important Notice: For traders who is using this indicator to trade the signals, you need to place stop loss order at the levels before the broken lines to avoid fake broken supports and resistance. To avoid that, you can add more indicators to support the signal like CCI or RSI indicators. It will be added in my next version EA. (See the attached screen shots).

I will follow up your comments and I will try my best to give answers & support on time as I can.

Thank you

Sami Saydam

info@mubashercafe.com

sami.saydam@gmail.com

The indicator is Copyrighted in 2010 UKC (316009) for Sami Saydam and not allowed to copy or use the methods under any circumstances or in EAs without the owner permeations.

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Индикатор "Buy Sell zones x2" основан на принципе "остановка/разворот после сильного движения". Поэтому, как только обнаруживается сильное безоткатное движение, сразу после остановки - рисуется зона покупок/продаж. Зоны отрабатывают красиво. Или цена ретестит зону и улетает в космос, или пробивает зону насквозь и зона отрабатывается с другой стороны так же красиво.  Работает на всех таймфреймах. Лучше всего выглядит и отрабатывает на Н1.    Может использоваться как: индикатор зон, где лучше
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Advanced Parabolic SAR Scanner
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This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher t
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Philip Pankaj
Heikin-Ashi charts , developed by  Munehisa Homma  in the 1700s.  Munehisa Honma was a rice merchant from Sakata, Japan who traded in the Dojima Rice market in Osaka during the Tokugawa Shogunate. He is considered to be the father of the candlestick chart.   Th e man who invented the use of candlestick charts for finding and profiting from chart patterns.He was a billionaire trader on those days if we compared his net-worth with todays dollar . Heikin Ashi Scanner is an Multi-Currency and Multi
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UltraDynamicSensor
UltraDynamicSensor
Dariusz Grywaczewski
The purpose of the indicator is to measure the dynamics of price movement, capturing sudden acceleration, and examination of the direction in which the price is moving. Indicator due to its nature, is dedicated to TimeFrame M1, but it can be freely used on higher TF'ach. Calculation and display will be identical to the M1. Indicator all calculations done on ticks, ie single price movements. Are not taken into account the conditions candle (the color of the candle, the candle shape, values
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TMA Currency Meter
TMA Currency Meter
Paul Geirnaerdt
TMA Currency Meter is the ultimate currency meter. Based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further. TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timefra
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Trading Chaos Map
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Andrey Sinegovskiy
For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo
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PipTick Bid Ask Volume MT4
PipTick Bid Ask Volume MT4
Michal Jurnik
PipTick Bid-Ask Volume indicator is a tool that needs every scalper and intraday trader. It uses a special algorithm to determine the activity of buyers and sellers and displays it in the form of histogram. With this feature, the trader can easily compare the level of aggression on the part of buyers and sellers and read the context of the market. As we all know, the forex market is decentralized and therefore we do not have a reliable information about real volume. We also do not know actual an
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VR Small Chart
VR Small Chart
Vladimir Pastushak
The indicator displays a separate mini chart in a working window similar to МТ5 mini charts. You can expand/collapse the chart, change the chart symbol, period, as well as time and price scales. The app works in the strategy tester and you can switch the period of a mini chart. Settings Select symbols - All Symbols: all symbols provided by a broker, Only market watch: only the symbols present in the Market Watch Prefix - two letters for distinguishing between a few indicator copies (if more th
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Best and worst Dashboard was born from the idea to have a panel that includes all the symbols in a chart. It is very importance to understand which symbols are both positive and negative. In the past, we realized the single indicator Best and Worst ( https://www.mql5.com/en/market/product/11784 ), now thanks to the upgrading of the Metatrader the dashboard displays all the instruments simultaneously. A great revolution. This Dashboard is able to calculate performance at any time frame and clicki
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Aravind
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Aravind 2016.07.09 17:44 
 

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