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Support and Ressistance

FREE

Published: 9 July 2025

Current version: 1.0

Support and Ressistance

Indicators
Raphael Lorenz Baumgartner
Raphael Lorenz Baumgartner
Trader at AUM Baumgartner

Switzerland

641
My name is Raphael Lorenz Baumgartner, a profitable trader at AUM Baumgartner, a project that focuses on the strategic, emotionless, and rule-based buying and selling of financial products within a single day. I leverage my numerical and analytical skills to make profitable decisions. I hold a
Version: 1.0

Last Day Support & Resistance

Platform: MetaTrader 5
Type: Custom Indicator
Display: Chart Window (Overlay)

Functions:

Calculates Support and Resistance zones based on high/low patterns of the previous day.
Uses a sliding sampling window ( SampleWindowSize ) to detect recent price ranges.
Detects potential support if current price range is significantly below previous highs.
Detects potential resistance if price range is significantly above previous lows.
Updates four output buffers:
- LDResistanceHigh – potential resistance top
- LDResistanceLow – potential resistance base
- LDSupportHigh – potential support top
- LDSupportLow – potential support base

Input Parameters:

SampleWindowSize (default: 10)
Number of candles used to detect a relevant price segment (mini-range).

Output Values:

LDResistanceHigh / LDResistanceLow
- High and low boundaries of recent price action above prior range → interpreted as resistance zone.
LDSupportHigh / LDSupportLow
- High and low boundaries of recent price action below prior range → interpreted as support zone.

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Support and Ressistance

Raphael Lorenz Baumgartner

Last Day Support & Resistance

Functions:

Input Parameters:

Output Values: