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Support and Resistance Flexible Bars

Indicator   shows "Support" and "Resistance" lines (these lines are drawn using the DRAW_LINE drawing style - that is, they are not graphic objects).

A search for new minimums and maximums is performed to the left and right of the "signal bar" - the "signal bar" is the conventional middle of each new construction.

Why is the word Flexible in the name of the indicator? Because we have the possibility to specify different number of bars to the left ('Left Bars') and to the right ('Right Bars') of the "signal bar".

Indicator lines are drawn on the chart from the "signal bar" to the right on the "Right Bars" bars.

Features :

For a more beautiful display in the indicator, two "Support" buffers and two "Resistance" buffers are used (this technical solution is related to the limitations of drawing styles in MQL5).

What may appear in the future :

Sound alert or (and) new indicator buffers (Arrow).

How to use the indicator :

This indicator was created primarily for manual trading, so the user only needs to monitor the two indicator buffers "Support" and "Resistance", as well as the current price. Particular attention should be paid to the moments when the price breaks through the indicator line and then returns (after several bars).



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MT4 version  |   FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User
TrendLine PRO MT5
Evgenii Aksenov
4.78 (49)
Indicators
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The possibility of using it as an independent strategy It has three automatic levels Take Profit and Stop Loss lev
Gartley Hunter Multi
Siarhei Vashchylka
5 (5)
Indicators
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all classic timeframes: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all classic timeframes 3. Search for patterns of all possible sizes. Fr
Trend Line Map Pro MT5
STE S.S.COMPANY
4.67 (9)
Indicators
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
TrendDecoder Premium MT5
Christophe, Pa Trouillas
5 (1)
Indicators
Identify ranges  | Get earliest signals of Trends  | Get clear exits before reversal  | Spot the Fibo levels the price will test   |  Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units $69   for launch - then back to >>   $149 After purchase,   please contact me on this channel   for recommended and personalised settings MT4   version:  Click here Get our full method with  BladeSCALPER  and   PowerZONES What is it about? TrendDE
MetaBands M5
Vahidreza Heidar Gholami
4.67 (3)
Indicators
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Blahtech Market Profile MT5
Blahtech Limited
5 (8)
Indicators
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
TPA True Price Action MT5 Indicator
InvestSoft
5 (10)
Indicators
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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Super Trend Flexible Alert EA
Vladimir Karputov
Experts
The trend trading strategy "Super Trend Flexible Alert EA" is built on the indicator of the same name "Super Trend Flexible Alert". The advisor uses all the information from the indicator, so the advisor has only three parameters, these are: “Working timeframe” – specifies the working timeframe, the timeframe on which the indicator is created, and also from which the “OHLC” data is taken. "Stop Loss" is the constant size of the stop loss, measured in "points" (you can see an example of what "po
Market Structure Hh Hl Lh Ll
Vladimir Karputov
Indicators
Description   : The "Market Structure HH HL LH LL" indicator is a powerful and at the same time simple tool for analyzing price dynamics in financial markets. This indicator helps traders and investors identify changes in trends and identify important points in price time series. Displays "BOS" and "CHoCH" lines. Key components of the indicator: HH (Higher High): The top at which the price closes above the previous high top. HH indicates a strengthening uptrend. HL (Higher Low): The minim
Super Trend Flexible Alert
Vladimir Karputov
Indicators
The trend indicator "   Super Trend Flexible Alert   " has a minimum of settings. This indicator is designed to be as easy to use as possible. The indicator shows the trend with a main colored line ("SuperTrend" line, which you can see in the "Data Windows" window). Also, in places where the trend changes, the indicator shows colored arrows (   "STBuy" and "   STSell" icons, which you can see in the "Data Windows" window       ). In places where the trend changes, the indicator doesn't give a s
Stochastic Divergence Level
Vladimir Karputov
5 (1)
Indicators
The indicator shows bullish and bearish divergence. The indicator itself (like regular stochastic) is displayed in a subwindow. Graphical interface   : In the main window, graphical objects “trend line” are created - produced from the “Low” price to the “Low” price (for bullish divergence) and produced from the “High” price to the “High” price (for bearish divergence). The indicator draws in its window exclusively using graphic buffers: “Main”, “Signal”, “Dot”, “Buy” and “Sell”. The "Buy" and "
Supertrend MetaTrader 5
Vladimir Karputov
Indicators
The 'Supertrend MetaTrader 5' indicator is the basis of the simplest trend trading system. And yet it remains very effective. The indicator works on any timeframe (on the timeframe of the current chart). From the name you can see that this indicator follows the trend, and when the trend changes, the indicator accurately shows the point of the trend change. The basis of 'Supertrend MetaTrader 5' is comparing price and 'Average True Range indicator' values multiplied by a multiplier (there is als
Candle length indicator alarm
Vladimir Karputov
4 (2)
Utilities
The Candle Length Indicator Alarm generates a sound alert, sends a push notification and an email when the size of the current candlestick changes. The size of the current candlestick can be measured in two ways: The first method: the size of the candlestick is measured from the beginning of the candlestick (from the OPEN price). The second method: the size of the candlestick is measured from current price. The indicator has the following settings: sound — a sound file from the folder: "...\Meta
Buy Sell Color Background
Vladimir Karputov
Utilities
The Buy Sell Color Background indicator changes the background color depending on position direction. It has three settings: Background color for BUY - background color for a Buy position Background color for SELL - background color for a Sell position Default background color - background color with no open position After you detach the indicator from a chart, its background color changes to Default background color .
Calculator for signals MT5
Vladimir Karputov
Utilities
The calculator of signals operates directly from the MetaTrader 5 terminal, which is a serious advantage, since the terminal provides a preliminary selection and sorts out signals. This way, users can see in the terminal only the signals that ensure a maximum compatibility with their trading accounts. The calculator of signals gives the answer to the one of the questions most frequently asked by users of the Signals service: "Will I be able to subscribe to the signal NNN, and what volume of the
Arrow Signal
Vladimir Karputov
Indicators
This indicator belongs to the "Stochastic" category. I tried to simplify the control of the indicator as much as possible, so the minimum settings are shown in the input parameters: this is the choice of an icon for the signal arrows. The "Buy" signal is encoded with the ' Buy Arrow code ' parameter, and the "Sell" signal is encoded with the ' Sell Arrow code ' parameter. Signal arrow codes for signals (please use values ​​from 32 to 255) are taken from the Wingdings font. The indicator works on
Arrow Signal EA
Vladimir Karputov
Experts
An Expert Advisor based on the custom indicator. Search for a signal at every tick. Positions are closed by an opposite signal. No trailing. There is no stop loss. There is no take profit. Has a minimum of settings Money management: Lot OR Risk   - type Money management The value for "Money management"   - Money management value Deviation   - admissible slippage Buy Arrow code   (font Wingdings) - character code from 'Wingdings' font for BUY signals Sell Arrow code   (font Wingdings) - characte
Ma Dema Alert
Vladimir Karputov
Indicators
The indicator displays three lines and monitors two types of intersections. Three lines of the indicator: "   MA   " - slow indicator "Moving Average", "   DEMA Slow   " - slow indicator "   Double Exponential Moving Average" and "   DEMA Fast   " - fast indicator "Double Exponential Moving Average". Two types of intersections       : "   Alert Price MA   " - the price crosses the   "MA" line and   "   Alert DEMA DEMA   " - the lines cross       "DEMA Slow" and   "DEMA Fast   ". When crossing,
Pending order at the extremums of the day
Vladimir Karputov
Experts
This Expert Advisor belongs to the class of utilities for manual and semi-automatic trading. The "   Pending order at the extremums of the day   " EA places two pending orders at the extremums of the previous day. Parameter "   Pending Orders: ...       " allows you to select the type of pending orders: "   Buy Stop and Sell Stop   " or "   Buy Limit and Sell Limit   "   .       extremum       'Low' offset is made downwards). "   New pending -> delete previous ones   " set to "   true   " will f
Panel Partial Closure
Vladimir Karputov
Utilities
The "Panel Partial Closure" utility-panel is intended for quick partial closing of a position that has a profit. It has only two parameters: "   Partial closure #1   " and "   Partial closure #2   ". Works for any symbol and for any 'Magic number' - that is, the utility is primarily intended for manual trading. How it works: For example, you have several positions on "EURUSD", "Jump 100 Index" and "XAUUSD" (gold). The utility finds the position with the largest profit - in the screenshot, this
Daily resistance and support
Vladimir Karputov
Indicators
MQL5 "Daily resistance and support" indicator - draws daily support and resistance lines. Drawing is carried out only with the help of graphical objects (trend lines) - indicator buffers are not used in this indicator. The indicator has no settings - the search for levels is carried out on the last 500 bars from the "D1" timeframe and this parameter is hardwired inside the code. Manual trading: When trading manually, this indicator is recommended to be used on timeframes from "M10" to "H1". It
Multi Symbol Trailing
Vladimir Karputov
Utilities
The "   Multi Symbol Trailing   " utility moves Stop Loss for all positions that are currently open (multi-symbol trailing). It is intended primarily to assist in manual trading. There are no restrictions for the utility either by the name of the currency pair or by the individual identifier (Magic number) - the utility processes absolutely all positions that are currently open. The unit of measurement for the "   Trailing Stop   " and "   Trailing Step   " parameters is points (the difference
Trend Two Moving Average
Vladimir Karputov
Indicators
The trend indicator "Trend Two Moving Average" uses two types of Arrow to display calculation results - these are "Trend UP" and "Trend DN".       Arrows "Trend Up"       are drawn       By       price       'Low'       bar   ,       A       Arrows "Trend DN" -       By       price       'high'. The trend search algorithm is based on the analysis of the price of a bar and the values of two 'Moving Average' indicators. The trend direction is calculated on the current (zero) bar. Therefore, it is
Three TimeFrames
Vladimir Karputov
Indicators
Three TimeFrames indicator-panel. The indicator is made in the form of a panel based on the CAppDialog class. The panel can be minimized or moved around the current chart using the mouse. The indicator shows three timeframes of the current symbol in the panel. In the current version, the indicator has a minimum number of settings - these are the parameters of three timeframes: "Younger timeframe", "   Middle   timeframe   " and "   Older   timeframe   ". When launched, the indicator-panel autom
Market Session Times
Vladimir Karputov
Indicators
The "   Market Session Times   " indicator shows the time of four trading sessions: Asia, Europe, America and Pacific. The time of trading sessions is set   in the format       GMT and thus does not depend on the trading server at all. The following data is used: Trading Session City GMT Asia Tokyo Singapore Shanghai 00:00−06:00 01:00−09:00 01:30−07:00 Europe London Frankfurt 07:00−15:30 07:00−15:30 America New York Chicago 13:30−20:00 13:30−20:00 Pacific Wellington Sydney 20:00−0
Constant stream
Vladimir Karputov
Experts
Trading system for a variety of trading transactions. Allows you to set the balance to wander around zero - used for specific rebate tasks or similar. Configured to work with hedging   accounts.   There cannot be more than one position in the market   . One general setting, the "   Step, Stop Loss, Take Profit   " parameter is measured in points (example for EURUSD: 1.00055-1.00045 = 10 points). The advisor stops trading (while remaining on the chart) if, when   placing a position, it encounters
Fractals Higher Timeframe
Vladimir Karputov
Indicators
The indicator shows Fractals from the higher timeframe. It is possible to display two types of Fractals: 'Regular Fractal' and 'BW Fractal'. Consider the formation of the Fractal 'UP'. 'Regular Fractal' is a very strict Fractal in which each subsequent 'high' price (to the left and right of the central bar) is smaller. Whereas in 'BW Fractal' there is only one condition: the central bar (its price 'high') must be the highest. Visually, the difference between these two modes can be seen in diagr
AI Support Resistance
Vladimir Karputov
Indicators
AI Support Resistance This is an indicator that searches for the “Support” and “Resistance” lines. The search is carried out using an algorithm for numerical analysis and data processing. There are three search options available (“mode #1”, “mode #2” and “mode #3”). Each of these options differs in its internal algorithm (at the moment these are completely internal settings, they are not available to the user). We can say that these options differ in the severity of the search. Limitation: At t
Open Time Manager
Vladimir Karputov
Utilities
The " Open Time Manager " utility opens a position at a specified time and then turns on classic trailing. Time (' Hour ':' Minute ') is always set in the GMT time zone with a GMT Ofset offset. It is possible to select three options for opening a position using the ' Trade mode ' parameter: ' BUY ' ' SELL ' ‘ BUY and SELL (simultaneously) ’ ‘ OFF (no trade, only trailing works) ’ The fourth parameter is used when you only need to enable trailing for your positions and not open new positions. St
Dashboard MACD Stochastic
Vladimir Karputov
Indicators
The dashboard scans the readings of two indicators: 'MACD' and 'Stochastic'. Displays signals in three columns: for MACD, for Stochastic, and the resulting column (if the signal is the same for both indicators).  Scanning can be selected on one or more timeframes. If you disable all timeframes, the dashboard will still load, but with settings specifically for such cases. Signals are always checked for the zero bar (zero bar is the rightmost bar on the chart) of the indicator. Description of para
ATR Bands Alert
Vladimir Karputov
Indicators
ATR Bands Alert is a channel indicator where the channel width is calculated as a constant multiplier ("Multiplier") and the value of the "Average True Range" indicator. Unlike Bollinger Bands, the bandwidth is not changed so often – in the ATR Bands Alert indicator, the bands often have long straight lines. The interpretation of the ATR Bands Alert is based on the fact that the price is inside the bands for most of the time, and if the price reaches one of the boundaries, it may indicate a t
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Version 1.10 2024.03.01
1.10. Acceleration of the launch of the indicator