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Support and Resistance Pro Indicator

Accurate Support and Resistance Levels distinguish winning traders from the losers. For trades to be profitable, traders have to draw correct support and resistance lines. Traders often use their emotions to draw the lines. Many traders miss key support and resistance lines, thus potentially losing their trades. This indicator helps the trader to find professional and accurate support and resistance lines without any doubts and problems like the big banks and institutions do.

This is a fully dynamic indicator which means that the old and irrelevant support and resistance will be removed and new and important once will appear over time. The thicker and darker lines are more important than the thin and lighter support and resistance levels. The dotted lines are new and potential relevant price levels which can be taken into consideration for position management. This indicator will save the trader many time and effort.

It is advisable to take the trade with a bullish or Bearish engulfing candle close to the support and resistance lines. I recommend using the H4, Daily and Weekly chart for a profitable trade.


Features

  • 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
  • Detect important price levels without browsing through charts
  • Recognize the relative strength of all price levels at a glance
  • Save up time of plotting lines for every trade
  • The indicator is non-repainting


Indicator Settings

  • Clearance - Increase the Clearance to collapse more price levels into one, or decrease it to display more levels with more price accuracy.
  • Width and Color - Custom Line Widths and Colors
  • NotifyAlert - Alerts for Breakouts
  • NoriftyMail - Mail alert for Breakouts
  • NotifyPush - push alerts for breakouts
  • NortifySound - Sound Alerts for breakouts
  • ShowH4Period - if true, this will show the support and resistance lines for the H4 period
  • ShowD1period - if true, this will show the support and resistance lines for the D1 period
  • Showweeklyperiod - if true, this will show the support and resistance lines for the W1 period
  • Showmonthlyperiod - if true, this will show the support and resistance lines for the MN period
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This indicator is the solution to much of the EURUSD's trading patterns. It's an improvement of the original set of data, but with an entirely new algorithm based on the Blueline. Total development and research time was more than 2 years!! It analyzes EURUSD's movement into real or false movement, if the move is false the indicator will give an alert for the real underlying trend. By knowing false moves we can buy dips as the market falls, or sell rallies as the market rallies, the market will t
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Jcounter
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Jing Zi Yi Teng
Hello! I'm Tatsuron, a Japanese retail investor. We manage over 1 billion yen in Forex. So, let me introduce a very useful indicator that I use. Counter trade type indicator. Jcounter can capture the timing of the trend collapse phase. There are signs of a trend collapse. It is the world standard to confirm the sign with LSMA adopted by Jcounter. The numerical setting of LSMA is very important, but after many years of verification, the numerical value was identified and complete
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WD Gann Analysis
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Ahmed Saad Soliman
How you benefit form WD Gann Analysis Indicator? No chart scaling required, gann indicator use time and price movement to draw gann angles, so angles will not change the location when zooming the chart or switching between different time frames. Watch this Video. Draw Correct Gann Angles for Forex, Gann Angles points and time input is not fixed so you can change the point and time value to draw the correct gann angles without changing the price quotes. Watch this Video. Four types of gann angles
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Breaking Pro MT4
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Tais Miranda Hoffmann
A indicator to show saturation in buying or selling With fast and complex mathematical calculations Easily find saturation points for buying or selling Can be used in all symbols and time frames with many signals Can be combined with different indicators and different time frames With simple settings and simple working methods Features: Can be used on all symbols Can be used in all time frames Can be used in all markets (Forex, stock, etc.) Large number of signals Same performance on all t
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Nesimeye Oswald
M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hit
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