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Support Resistance Channel MT5

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Published: 28 March 2025

Current version: 1.1

Support Resistance Channel MT5

Indicators
Marco Engstermann
Marco Engstermann
Management at Kuala Lumpur

Germany

16688
4.4 (20)
ForexEAandMore Group
https://www.mql5.com/en/messages/035909005de4dc01

23 products
Version: 1.1
Updated: 31 March 2026

Support Resistance Channel MT5

The Support Resistance Channel MT5 indicator plots dynamic support and resistance levels based on a configurable lookback period, displaying them as green and red lines respectively.

It optionally shows goldenrod-colored arrows when price touches these levels, indicating potential trend changes (not explicit buy/sell signals), along with customizable "RES" and "SUP" labels.

With adjustable parameters like lookback period, arrow size, and label offset, it offers traders a flexible tool to visualize key price levels and their interactions on the MT5 platform.

Support and questions via MQL5 product comments.

For questions, updates, and to connect with other traders, join my official MQL5 group ForexEAandMore

Settings:

1. **PeriodLookback**

Number of bars to look back for calculating support and resistance levels.

2. **BreakoutDistance**

Distance in points used to detect breakouts from support/resistance levels.

3. **ConfirmationBars**

Number of bars required to confirm a signal before displaying an arrow.

4. **SellArrowCode**

Symbol code for the sell arrow (default is a downward arrow).

5. **BuyArrowCode**

Symbol code for the buy arrow (default is an upward arrow).

6. **ArrowSize**

Size of the signal arrows (valid range: 1 to 5).

7. **ShowArrows**

Toggle to show or hide the buy/sell arrows.

8. **ShowLabels**

Toggle to show or hide the "RES" (resistance) and "SUP" (support) labels.

9. **LabelOffset**

Distance in points that the labels are offset from the support/resistance price levels.

10. **LabelFontSize**

Font size of the "RES" and "SUP" labels.

Disclaimer

This indicator is provided for informational purposes only and does not constitute financial advice. Past performance calculated using historical data does not guarantee future results, and trading involves risk of loss. Always test the product in a demo account, combine it with appropriate risk management, and consult a professional advisor if necessary. The developer assumes no liability for any trading decisions made based on this tool. Translations are available via MQL5 tools for global accessibility.

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CM MACD Custom Indicator - Multiple Time Frame (V2.1) This advanced MT5 indicator, adapted from ChrisMoody’s TradingView script, delivers a powerful Multi-Timeframe MACD with customizable visuals and alerts. Plotting MACD lines, signal line, and a color-coded histogram, it highlights trend direction and momentum with distinct colors for growing/falling histograms above/below zero. Cross signals are marked with arrows, and users can enable alerts, email, or mobile notifications for buy/sell oppo

FREE

Buy and Sell ATR Indicator updated version 1.2 (2026) ATR-based trend indicator with visual signals, dynamic support/resistance, and TP/SL levels. This indicator identifies market trends using an ATR channel and displays clear Buy and Sell signals. It draws a dynamic trend line that changes color (green for uptrend, red for downtrend), shows arrows for entries, and plots the latest Take Profit and Stop Loss levels directly on the chart. Detailed Description in the comments post 2. Set files in

FREE

Multi Timeframe Buy and Sell Power Pro MT5 The "Multi Timeframe Buy and Sell Power Pro" indicator for MetaTrader 5 is a versatile tool designed to provide traders with a clear visual representation of market pressure across nine standard timeframes, from M1 to MN1. By aggregating buy and sell strength percentages derived from recent price action and tick volume, it helps identify potential trends, reversals, and neutral market conditions in real-time. The indicator displays this information in a

30 USD

Trade Hunter MT5 - Buy and Sell Indicator This powerful indicator identifies potential buy and sell signals by analyzing price movements over a customizable period. Blue arrows mark buy opportunities below key lows, while red arrows highlight sell signals above critical highs. With adjustable parameters like bar range, percentage offset, and alert settings, Trade Hunter adapts to your strategy. Optional alerts and notifications ensure you never miss a signal. Perfect for traders seeking a reli

FREE

Fibonacci MT5 Converted from MT4, Optimized MT5 Version. original MT4 code by Awran5. Non-Repainting Fibonacci Tool for MT5. Fibonacci indicator with a stable non-repainting swing detection engine. Support and questions via MQL5 product comments. For questions, updates, and to connect with other traders, join my official MQL5 group ForexEAandMore Main Functions Custom Swing Detection Uses proprietary Reverse-Scan plus Peak-Climbing algorithm to find reliable swing highs and lows without repai

FREE

This is the MT5 converted Version of the The MA Filling Indicator, developed by Scriptong, is an advanced technical analysis tool designed for MetaTrader 4 (MT4) that enhances the traditional Moving Average (MA) indicator by incorporating a visually intuitive filling feature. The MA Filling Indicator is a versatile tool suitable for both novice and experienced traders seeking to enhance their trend-following strategies with a clear, color-coded representation of market dynamics. Support and ques

FREE

Simple Indicator that shows the Buy and Sell volume in percent. Support and questions via MQL5 product comments. For questions, updates, and to connect with other traders, join my official MQL5 group ForexEAandMore Settings : Font size for percentage labels Horizontal offset from right edge (pixels) Vertical offset for Signal label from bottom (pixels) Vertical offset for Buy label from bottom (pixels) Vertical offset for Sell label from bottom (pixels) Color for Buy label Color for Sell

FREE

Buffer Finder MT5 Is a custom technical Utility for MetaTrader 5, designed to inspect and analyze buffers of other indicators for EA integration, signal detection, or debugging. Support and questions via MQL5 product comments. For questions, updates, and to connect with other traders, join my official MQL5 group ForexEAandMore Key Features User-Friendly Dashboard : Input an indicator name and click "Search" to scan the chart or load it dynamically via iCustom from standard folders (Indicator

FREE

Apex Point is a trend-following indicator for MetaTrader 5, transforming complex market data into signals for traders. It displays blue dots for uptrends, red dots for downtrends, and yellow crosses at potential reversals, helping users identify momentum shifts quickly. Key features include a confirmation system requiring multiple bars (default: 3) to validate changes, reducing false signals; dynamic ATR-based offsets for adaptive trailing, with instant ratcheting in the trend direction and smo

30 USD

Occult Oracle MT5 is a powerful trend-following indicator designed for MetaTrader 5, helping traders identify market directions. It features a dynamic colored step line (red for downtrends, blue for uptrends) that adapts to price action using optimized amplitude periods, with optional auto-optimization for maximum profitability based on historical simulation. The Occult Oracle MT5 indicator is fully configurable, allowing traders to customize amplitude settings (manual or auto-optimized), arrow

30 USD

Pro Panel The Pro Panel EA is a user-friendly, draggable graphical interface for MetaTrader 5, designed to streamline trading operations. It features editable fields for lot size, take profit (TP) and stop loss (SL) in points, and trailing stop parameters (start and step). Key buttons allow quick opening of buy or sell positions, as well as closing all buys or sells, with options to filter by the EA's magic number or include manual trades (e.g., from the MT5 mobile app). Toggles enable/disable

30 USD

Show Label Show your profit or loss next to the candle. This is a helpful tool if an EA don't have this feature build in. Support and questions via MQL5 product comments. For questions, updates, and to connect with other traders, join my official MQL5 group ForexEAandMore Settings: Font color Background color for profits Background color for losses Font size Horizontal shift from candle (pixels) Vertical shift from candle high/low (pixels) Magic number filter (0 = all trades) Comment filter

FREE

Apex MTF Panel A clean, standalone multi-timeframe RSI/MACD dashboard that instantly shows buy, sell, or neutral confluence signals across your chosen timeframes in a compact horizontal layout. TF names sit directly above signals with matching colors for instant readability. Fully customizable signal colors, live font-size adjustment, corner positioning, and smart “loading” state ensure performance on any chart. Support and questions via MQL5 product comments. For questions, updates, and to conn

FREE

Trend Dot Indicator A fast-reacting Trend Step Regression (TSR) line with color-coded dots instantly shows the current trend. Buy and sell signals appear only when a real reversal occurs, confirmed by minimum trend length and ADX strength. Visit my MQL5 blog profile to read the full guide. Support and questions via MQL5 product comments. For questions, updates, and to connect with other traders, join my official MQL5 group ForexEAandMore Features: Clear visual TSR line + dots (blue = up, red

30 USD

Multi-Symbol Trend Indicator for MT5 The "Multi-Symbol Trend Indicator" for MT5is a customizable dashboard tool that monitors trends across multiple symbols (e.g., XAUUSD, EURUSD) using MACD, ADX, and RSI for direction, strength, and confirmation. It classifies trends as bullish, bearish, or sideways, draws colored trend lines on the chart, displays daily high/low with Fibonacci retracements, detects points of interest (POIs) via swing highs/lows, and sends alerts/notifications for changes or

30 USD

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Marco Engstermann

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