Market / MetaTrader 4 / Indicators /

PZ Support Resistance

99 USD

Demo downloaded: 2 385

Published: 5 December 2013

Current version: 7.0

PZ Support Resistance

3.33

Indicators
PZ TRADING SLU
PZ TRADING SLU
Director at PZ TRADING SLU

Andorra

855231
3.9 (1007)
- https://www.pointzero-trading.com
154 products 17 topics 176 comments
Version: 7.0
Updated: 19 July 2024
Activations: 20

Unlock key market insights with automated support and resistance lines

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products]

Boost your technical analysis
Customizable timeframe selection
Read price levels from the timeframe of your choosing
Detect important price levels without browsing through charts
Recognize the relative strength of all price levels at a glance
Save up to half an hour of plotting lines for every trade
The indicator displays the age of all price levels

Price levels are collapsed by proximity and adjusted to the current market action.

Price levels get darker and wider as they get rejected over time
Unimportant price levels are cleared regularly to avoid noise
It implements email/sound/push alerts for breakouts and false breakouts

Input Parameters

Timeframe: Choose the period to read price data from. Can be current or higher.
Period: Zigzag period used to read price points from. Zero means the indicator will choose the best period.
ATR Period: ATR period used to collapse prices by proximity.
ATR Multiplier: ATR multiplier used to collapse prices by proximity. A higher value will produce less lines.
Max History Bars: Amount of past bars to iterate in the indicator finding prices.
Color Settings: Enter your desired colors for support and resistance lines based on importance.
Label Settings: Display or hide age labels and customise colors and sizes.
Alerts: Enable display/email/push/sound alerts for breakouts and fake breakouts.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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446

alisabar 2016.05.24 13:36 #

At D1 it works quite well.

141

gmackinnon 2015.08.25 19:06 #

Very useful indicator.

Works well if you follow the instructions on the website.

Monthly levels and higher are very clear support resistance areas.

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FREE

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This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for

FREE

Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies

75 USD

Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizable b

75 USD

Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continua

79 USD

Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/

FREE

Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Find overbought or oversold currency pairs easily Plot up

FREE

This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with d

FREE

This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works f

FREE

The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr

FREE

Transform your trading approach with reliable bullish and bearish patterns [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue

FREE

Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound ale

FREE

This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Mod

FREE

Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, softwar

FREE

Identify trending and flat markets effortlessly This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional. It can be used to avoid trading in flat markets, or to find flat markets to execute range-bound trading strategies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] A value of zero means the market is absolutely flat A value of 100

FREE

This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It impl

FREE

Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font

FREE

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446

alisabar 2016.05.24 13:36 #

At D1 it works quite well.

855231

Reply from developer Arturo Lopez Perez 2021.04.28 02:01 #

Many thanks.

141

gmackinnon 2015.08.25 19:06 #

Very useful indicator.

Works well if you follow the instructions on the website.

Monthly levels and higher are very clear support resistance areas.

855231

Reply from developer Arturo Lopez Perez 2021.04.28 02:01 #

Many thanks.

pvanam46 2015.04.17 20:29 #

Excellent indicator giving support and resistance levels at a glance. Well worth the money

855231

Reply from developer Arturo Lopez Perez 2021.04.28 02:02 #

Many thanks.

1447

Happy Mans World 2014.12.26 17:47 #

Average SR Indicator, and not worth the money paid for it.

855231

Reply from developer Arturo Lopez Perez 2021.04.28 01:59 #

Please update. I hope this update is worth a better review.

PZ Support Resistance

PZ TRADING SLU

Unlock key market insights with automated support and resistance lines

Input Parameters

Author