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Accurate Support and Resistant Zones

30 USD

Demo downloaded: 7

Published: 7 November 2024

Current version: 3.5

Accurate Support and Resistant Zones

Indicators
Ibrahim Fathallah Abdel Halim Abdel Khaleq
Version: 3.5
Activations: 5

This indicator identifies and visually displays Support and Resistance zones on a financial chart, providing traders with critical insights into market structure and potential price action areas. Here's how it operates:

Key Features:

Zone Identification:
- Detects Support Zones (price levels where buying pressure is historically strong).
- Detects Resistance Zones (price levels where selling pressure is historically strong).
- Categorizes zones into:
  - Weak Zones
  - Untested Zones
  - Turncoat Zones (previously broken levels acting as their opposite)
  - Verified Zones
  - Proven Zones
Customization Options:
- BackLimit: Controls the number of historical candles analyzed for zone detection.
- Zone Visibility: Toggle display of weak, untested, and broken zones.
- Zone Aesthetics: Customize zone colors, line styles, widths, and label formats.
- Merge & Extend Zones: Automatically merge overlapping zones and extend zone boundaries for better visibility.
Fractal-Based Zone Detection:
- Uses Fast and Slow Fractals to identify key price points for zone creation.
- ATR (Average True Range) is incorporated to refine the zone boundaries dynamically.
Alerts:
- Alerts when the price enters a zone, with options for popup notifications and sound alerts.
- Customizable alert delay to avoid repeated notifications.
Dynamic Labels:
- Displays zone strength and type as labels, such as "Verified Support" or "Proven Resistance."
- Labels include test counts for verified/proven zones.

Core Functionalities:

Zone Drawing:
- Automatically draws rectangles on the chart to represent support and resistance zones.
- Zones are color-coded based on their strength and type.
Nearest Zones:
- Identifies and highlights the nearest support and resistance zones to the current price.
History Mode:
- Allows users to backtrack in time and visualize historical zones by clicking on the chart.
Alert System:
- Alerts traders when the price enters predefined support or resistance zones.
- Configurable delay between alerts.
Fractal-Based Logic:
- Combines fast and slow fractals to detect price reversal points.
- Refines these points into zones using ATR to account for price volatility.

Inputs:

Zone Customization:
- Control visibility, colors, styles, and extension of zones.
Alert Options:
- Enable/disable sound or popup alerts.
Fractal Settings:
- Adjust fractal sensitivity for fine-tuned zone detection.
Global Variables:
- Optionally store zone data as global variables for cross-script access.

Use Case:

Trend Reversals:
- Identify areas where the price is likely to reverse due to historical buying or selling pressure.
Breakout Trading:
- Spot zones where breakouts are likely to occur.
Zone Testing:
- Monitor test counts to assess the strength of support or resistance.
Dynamic Adjustments:
- Automatically adapts to market volatility with ATR-based adjustments.

This indicator is designed for traders who want a detailed yet customizable visualization of support and resistance zones. It integrates seamlessly into any trading strategy, providing actionable insights for both intraday and swing trading styles.

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Screenshot #1 Accurate Support and Resistant Zones

Screenshot #2 Accurate Support and Resistant Zones

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ForexCracker is a high-precision expert advisor designed to assist traders with automated decision-making in the Forex market. This EA employs a proprietary algorithm based on trend-following and technical analysis, taking advantage of advanced risk management to maximize gains while minimizing potential losses. With customizable inputs like trading days, lot sizes, and stop-loss levels, ForexCracker allows traders to fine-tune strategies based on personal preferences and market conditions. Its

75 USD

Introducing the GBPUSD Expert Bot – a meticulously tested automated trading solution crafted specifically for trading the GBP/USD pair on the 10-minute chart. A trading bot is an automated software tool designed to execute buy and sell orders in financial markets based on predefined strategies. It analyzes market data, such as price movements, volume, and trends, to make decisions without constant manual input. These bots can operate across various asset classes, including stocks, forex, and cr

75 USD

Key Features: Trade XAU/USD Daily : Designed specifically for gold trading with high-frequency, high-accuracy trades. Adaptive Technology : Adjusts strategies dynamically based on market conditions. Highly Customizable : Set your preferred lot size, risk parameters, and trading days. Broker-Compatible : Optimized to work seamlessly with all major brokers. >>>>>>> Works good on XAUUSD daily chart <<<<<<<< >>>>>>>> Please use the exact settings in the screenshots for DAILY chart <<<<<<<<<

75 USD

GoldenEdge 4H Scalper EA A trading bot is an automated software tool designed to execute buy and sell orders in financial markets based on predefined strategies. It analyzes market data, such as price movements, volume, and trends, to make decisions without constant manual input. These bots can operate across various asset classes, including stocks, forex, and cryptocurrencies. They often incorporate technical indicators, risk management rules, and algorithmic logic to optimize trading efficienc

75 USD

................................................................................. This is a very AGGRESSIVE EA , HOWEVER initial deposit preferred to be more than 2000$ Tested on GBP/USD pair on 4H chart Please use these inputs exactly : -Lots : 0.3 (or less if your initial deposit less than 2000$) -StopLoss : 99999 -TakeProfit1 : 800 -TakeProfit2 : 800

75 USD

The Hammer Purpose: This EA identifies potential trend reversals using candlestick patterns (Hammer, Bullish/Bearish Engulfing) combined with RSI confirmation. It automatically opens and manages trades based on predefined risk management parameters. Ideal for traders looking for a fully automated reversal trading strategy with robust risk management. Test the EA in a demo account before live trading. Minimum account balance 3000 USD Designed for EUR/USD - 3Hr chart Use default settings

75 USD

The "Reversal Maestro" Expert Advisor (EA) is designed to identify market reversals using advanced candlestick pattern analysis and RSI confirmation. It integrates two popular multi-candle reversal patterns: Morning Star and Evening Star , as well as the Bullish Piercing and Bearish Dark Cloud Cover patterns. These patterns are combined with RSI thresholds to detect overbought and oversold market conditions. The EA uses robust risk management, limiting open positions, validating lot sizes based

75 USD

This EA is designed for automated trading based on reversal patterns in combination with RSI (Relative Strength Index) levels. It aims to identify bullish and bearish reversal patterns and execute trades accordingly, with predefined stop loss and take profit levels. Safety Features Validates stop loss and take profit levels to meet the broker's minimum stop distance. Prevents order placement if RSI values or required parameters are unavailable. Includes error handling for failed order placements

75 USD

Key Features Dual Indicator Strategy : RSI identifies overbought and oversold market conditions. Williams %R adds confirmation for strong bullish or bearish trends. Risk Control : Configurable stop loss and take profit levels. Trade Validation : Ensures compliance with broker lot size and volume requirements. Adapts to market conditions with real-time data refresh. Efficient Execution : Smart locking mechanism prevents overlapping trade signals. Supports multiple currency pairs and timeframes.

75 USD

AI Scalper Pro is a trading bot designed to optimize market opportunities using a dual-indicator strategy. This expert advisor combines the Relative Strength Index (RSI) and Williams %R to identify precise trade entry points. Dual Indicator Strategy : RSI identifies overbought and oversold market conditions. Williams %R adds confirmation for strong bullish or bearish trends. Risk Control : Configurable stop loss and take profit levels. Trade Validation : Ensures compliance with broker lot s

75 USD

M5GoldenX >>>>>>>>>>>>>>>>>>>>> Minimum Leverage to use this EA is 1:500 <<<<<<<<<<<<<<<<<<<<< Best Performance: XAUUSD (Gold) – 5-Minute Timeframe Consistent Scalping & Swing Opportunities – Captures short-term gold movements. Tested with Strong Risk-Reward Ratio – Designed to maximize gains while minimizing losses. Key Features: Fu Risk Management – Smart stop-loss and trailing features. Ideal For: Gold Traders – Specifically tuned for XAUUSD. 5-Min Scalpers & Day T

75 USD

Best Performance: XAUUSD (Gold) – 5-Minute Timeframe Consistent Scalping & Swing Opportunities – Captures short-term gold movements with precision. Tested with Strong Risk-Reward Ratio – Designed to maximize gains while minimizing losses. Key Features: Fully Automated – No manual intervention needed. Fast Execution – Optimized for quick trade entries/exits. Works Best in Trending & Choppy Gold Markets – Adapts to XAUUSD’s unique behavior. Built-in Risk Man

75 USD

Treasure Box MT5 Trading Bot designed for XAU/USD Advanced Algorithmic Trading Solution Core Strategy : Sophisticated trend-following system combining: Dual EMA Momentum ADX Trend Strength Filter RSI Entry Confirmation ATR Volatility-Based Position Sizing ️ Risk Management Features : Dynamic stop-loss/take-profit Trailing stop functionality Smart lot sizing Treasure Box Works with any timeframe, it is internally hard coded to hunt specific signals

75 USD

European Kamikaze is a specialized algorithmic trading system designed exclusively for the EURJPY , GBPJPY , AUDJPY , CADJPY and USDJPY on 3-minute charts, but best results is for EURJPY. Position sizing is dynamically calculated based on user-defined risk parameters, while a fixed stop-loss mechanism is applied to all trades. Key Features Instrument/Timeframe Specific : Optimized for EURJPY on 3-minute charts Risk Management : Position sizing based on account balance percenta

75 USD

BullionSprint EA is an Expert Advisor built for traders who want a focused, disciplined approach to XAUUSD on the 1-minute chart . Designed for fast market conditions, BullionSprint EA combines structured entry timing with built-in trade management and risk controls to help automate short-term gold trading without unnecessary complexity. The system is optimized for active intraday conditions and is intended for traders who prefer a specialized setup rather than a multi-symbol, multi-style robot.

75 USD

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