Market / MetaTrader 4 / Indicators /

PZ Support Resistance

99 USD

Demo downloaded: 2 381

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

849187
3.9 (987)
- 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.

more...

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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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

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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

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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 | 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

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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

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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

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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

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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

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This expert advisors trades donchian breakouts according to Bill Williams's definition of "Trading in the Zone". It uses alligator to find strong trends, AC and AO to identify trading zones and MACD to avoid trading exhausted trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] Easy to use and supervise Fully configurable indicator settings Customizable break-even, stop-loss, take-profit and trailing-stop settings Works for ECN/Non-ECN brokers and

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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

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The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as

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This multi-timeframe indicator identifies the market's tendency to trade within a narrow price band. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] It is easy to understand Finds overbought and oversold situations Draws at bar closing and does not backpaint The calculation timeframe is customizable The red line is the overbought price The green line is the oversold price It has straightforward trading implications. Look for buying opportunities when t

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Your swiss army knife to ancipate price reversals This indicator anticipates price reversals analyzing bullish and bearish pressure in the market. The buying pressure is the sum of all the accumulation bars over a certain number of days, multiplied by the volume. The selling pressure is the sum of all of the distribution over the same number of bars, multiplied by the volume. It gives you a measure of the buying pressure as a percentage of the total activity, which value should fluctuate from 0

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446

alisabar 2016.05.24 13:36 #

At D1 it works quite well.

849187

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.

849187

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

849187

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.

849187

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

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