Tenet Support and Resistance Pro
- Indicators
- Version: 1.18
- Updated: 25 September 2025
- Activations: 5
Automatic Support & Resistance zones for MetaTrader 5 — confirmed by real price action, not just the nearest line.
Tenet Support & Resistance Pro scans D1, H4, H1, M15, M5 and M1 price history and plots the key support and resistance levels for you. Instead of simply highlighting whichever line sits closest to price, it checks how many times price has actually tested a level in recent candles before confirming it as the current trading zone — so you're not reacting to a level the market never really respected.
Built for scalpers, day traders and swing traders who plan entries around price behavior and market structure, the indicator also shows a live countdown next to the active candle, so you always know exactly how much time is left before the bar closes.
Key Features
- Support/resistance levels detected automatically from historical price data, independently for D1, H4, H1, M5 and M1.
- Current zone confirmed by price action (touch-count logic), not just geometric proximity — fewer "phantom" zones the price never tested.
- Live countdown timer next to the active candle.
- Daily auto-recalculation at a time you choose (hour and minute).
- Independent minimum spacing per timeframe, so the same indicator adapts to instruments with very different volatility.
- Full color and style customization for levels, the current zone and the timer.
- Show or hide levels by chart timeframe.
- Lightweight, and its buffers can be read by an Expert Advisor via iCustom.
Input Parameters
General Settings
- default_chart_view – applies Tenet's visual style (white background, green bullish candles, red bearish candles).
- chart_ID – chart to analyze.
- reset_lines_every_day – automatically recalculates lines every day.
- reset_lines_at_hour / reset_lines_at_minute – exact time of day for the daily recalculation.
- enable_double_colored_range – enables dual-color ranges.
Support and Resistance Lines
- enable_range_d / range_d_color / min_range_dline_in_pips – D1 lines: on/off, color, minimum spacing.
- enable_range_h4 / range_h4_color / min_range_h4line_in_pips – H4 lines.
- enable_range_h1 / range_h1_color / min_range_h1line_in_pips – H1 lines.
- enable_range_m5 / range_m5_color / min_range_m5line_in_pips – M5 lines.
- enable_range_m1 / range_m1_color / min_range_m1line_in_pips – M1 lines.
- min_range_line_in_pips – default minimum spacing between lines.
- tolerance_plot_line_error – line-plotting tolerance.
Current Zone (Price Action Confirmed)
- zoneColor – color of the current support/resistance zone.
- zone_lookback_bars – recent candles analyzed per candidate level.
- zone_touch_tolerance – price distance counted as a "touch".
- zone_min_touches – minimum touches for a level to be confirmed over the nearest one.
- zone_min_touch_separation_bars – minimum candle separation between two counted touches.
- zone_max_candidates – how many candidate levels are evaluated.
Countdown Timer
- enable_timer_countdown – shows/hides the countdown.
- timerColor – timer color.
Configuration Notes
The indicator ships configured for the Nasdaq index (USTEC) by default. For other symbols, adjust the spacing parameters to the instrument's price scale, since tick size varies widely between instruments.
Try it risk-free with the free demo in the Strategy Tester before buying, and feel free to leave a comment if you have questions about setting it up for your own market.
Compatible with all instruments and timeframes.
