Support n Resistance MT4

Support and resistance based on price action. Shows when level is filled and levels which are still active.

Parameters are very simple, just max bars to see into history and color settings.

Plan to add alerts and more parameters for flexibility. Also will be available for MT5 soon.

Any suggestions are welcome. Usually I'm updating it fast when somebody is interesting in improvements.


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Aleksey Usachev
1 (1)
An indicator based on non repainting ZigZag and some filters. This indicator is available free on market (also need to be specified in the parameters): https://www.mql5.com/ru/market/product/152748 It is a first version to test and adjust. Maybe get some feedback. There is only one parameter: MaxBars to limit history calculation. If value is zero than it uses all available bars. It works only on these timeframes: from M1 to H1. As soon as it doesn't repaint live behavior is the same as on back t
FREE
Gives signal on daily cycle. When day starts it looks for extremum. Better to close trade until the next day. There is only one parameter for now: maximum bars. If you have any ideas about this indicator please leave your feedback. As soon as it will grow it will be commercial. Maybe. Also parameters will be added later when I backtest it enough to ensure it is safe.
FREE
Classic ZigZag formula. But no lags and repaints. You can see on screenshots that it shows values between peaks and it is useful to test strategies based on indicator. Because sometimes people find a good idea about it but don't understand that repainting indicators have some things to keep in mind. The parameters are the same as original ZigZag indicator: Depth, Deviation and Backstep.
FREE
Range Cycle Indicator
Aleksey Usachev
5 (4)
Range Cycle Indicator. Gives signal on price range cycling smoothed by moving average. It is better to use it on H1+ timeframes and avoid side markets. Because if market is flat this indicator will give too many zero profit or even losing signals. Parameters: PopUpAlert - to allow it to alert when trend changes; EMailAlert - for email alerts; period - this is a smoothing criteria, use higher values on lower timeframes; TimeFrame(new) - higher timeframe (or the same) to use for calculation, defa
FREE
Shows Kaufman Efficiency Ratio value and smoothed by MA. Calculation is based on movement divided by volatility on a specified period. Levels are adjustable as well as visualization. Parameters: KERPeriod - period for ratio calculation. EMAPeriod - period for moving average. Shift - indicator shift. HigherLevel - low value of the higher zone. LowerLevel - high value of the lower zone. ShowHigherZone - allow higher zone drawing. HigherZoneColor - higher zone color. ShowLowerZone - allow lower zon
FREE
Cycle Signals
Aleksey Usachev
Cycle Signals Indicator. Gives signal on price range cycling and smoothed with algorithm. There are very small parameters: allow alerts (Pop Up or Email), colors for chart arrows, timeframe to use for calculation (but better to use current timeframe). And most important parameter is "period". For low timeframes high values are recommended. Current period is good for M5. Decrease it for higher timeframes. Close trade arrows will come soon. MT5 version comes soon (but with some small price).
FREE
Some short but nice algo giving signals and some ideas for stops. Five moving averages are used to find cross overs and create a zone. All periods and methods are adjustable but default values are optimized already. If you have lags on long history you can reduce MaxBars to make it work faster. Please comment if need to explain the parameters. Also any improvement ideas are welcome.
FREE
This indicator is based on Fair Value Gap on higher timeframe and filtered by minimum RSI level with multiplier. The area is shown using Market Profile to look for better strong level for entry. How to use. When area is appeared wait for a price to touch nearest strong zone. Green is for buy and red is for sell. You can set preferable stop loss and take profit just to visualize. But it has to be not so far away from area. MinATRX - ATR multiplier to filter weak areas. MPRange - number of bars t
Magic Curves
Aleksey Usachev
Indicator shows balance curves based on magic number for portfolio analysis. It allows to visually estimate different strategies performance on a single symbol. Any of magic number can be hidden by clicking on the value in legend. Parameters: HideAllOnStart - all magics are hidden and can be activated by clicking on its value; MAMode - shows average profit from trades; MAPeriod - Moving average period; Magics - a string with magic numbers separated by comma like "1,2,123". If this field is empty
This indicator represents classic approach to MACD vs price chart divergence with some visual utility and alerts. It can draw lines to define the divergence on both chart or separate window. All is adjustable. The parameters are as follows. MACD: FastEMA, SlowEMA and SignalSMA. Additional: DrawIndicatorLines (to show values on separate window), DrawPriceLines (to show it on chart itself) and DoAlerts (to allow indicator to alert when signal comes).
Harmonic based indicator. Recognizes several patterns: ABCD, 3 Drives, Gartley, Butterfly, Bat, Atlternative Bat, Deep Bat, Crab, Deep Crab, Cypher and Shark. Able to set SL and three levels of TP based on Fibonacci Levels. Three types of alerts are available: PopUp, Email and Push. Trade advices on chart and stats also printed for visual estimation. All patterns are formed by not repainting ZigZiag. Parameters for it are classic: InpDepth, InpDeviation,InpBackstep. MinComplete means the level
FVG Profile EA
Aleksey Usachev
Fair Value Gap strategy. Entries are filtered with Market Profile and range by minimum value of ATR multiplied by a value from parameters. Parameters: MinATRX - ATR multiplier. If range is lower than ATR * MinATRX the signal will be skipped. MPRange - number of bars to form Market Profile. MPPips - a step of Market Profile in pips. EntryPercentage - a minimal level of profile to enter a trade. Magic - magic number. MaxBars - maximum amount of bars to look back in higher timeframe. FVGPeriod - hi
Indicator is based on cycles and moving averages and scans different periods. Better on timeframes started from 15 minutes. The parameters are clear: maximum bars to scan in history and alert settings (sound, email and notifications). Any question please answer in comments. Later MT5 version will be posted. And optimized version to use in the Expert advisors.
Signals based on Ichimoku indicator with WPR filter. Parameters for Ichimoku: InpTenkan (default 9) InpKijun (default 26) InpSenkou (default 52) Parameters for Williams percent range: WilliamsPeriod (default 14) WilliamsBuy (default 10) WilliamsSell (default 90) Parameters for alerts: SoundAlert, EmailAlert, Notification; BarsBack - how many bars to check back. Others are just for arrows. Any suggestions I'm open improve and welcome for discussion.
Trend value indicator. Based on some classic techniques. Better to use on timeframes H4 or less. It works with closed bars only but uses higher timeframes also. Gray - side trend. Red - strong down trend. Dark red - possible down trend. Green - strong up trend. Dark Green - possible up trend. If you want to use it for EAs the last value covers these values. Any suggestions please welcome, we'll improve it.
This indicator is based on Fair Value Gap on higher timeframe and filtered by minimum RSI level with multiplier. The area is shown using Market Profile to look for better strong level for entry. How to use. When area is appeared wait for a price to touch nearest strong zone. Green is for buy and red is for sell. You can set preferable stop loss and take profit just to visualize. But it has to be not so far away from area. MinATRX - ATR multiplier to filter weak areas. MPRange - number of bars to
Cycle Signals Indicator. Gives signal on price range cycling and smoothed with algorithm. There are very small parameters: allow alerts (Pop Up or Email), colors for chart arrows, timeframe to use for calculation (but better to use current timeframe). And most important parameter is "period". For low timeframes high values are recommended. Current period is good for M5. Decrease it for higher timeframes. Close trade arrows will come soon. Any suggestions please comment.
Range Cycle Indicator. Gives signal on price range cycling smoothed by moving average. It is better to use it on H1+ timeframes and avoid side markets. Because if market is flat this indicator will give too many zero profit or even losing signals. Parameters: PopUpAlert - to allow it to alert when trend changes; EMailAlert - for email alerts; period - this is a smoothing criteria, use higher values on lower timeframes; TimeFrame(new) - higher timeframe (or the same) to use for calculation, defa
Harmonic based indicator. Recognizes several patterns: ABCD, 3 Drives, Gartley, Butterfly, Bat, Atlternative Bat, Deep Bat, Crab, Deep Crab, Cypher and Shark. Able to set SL and three levels of TP based on Fibonacci Levels. Three types of alerts are available: PopUp, Email and Push. Trade advices on chart and stats also printed for visual estimation. All patterns are formed by not repainting ZigZiag. Parameters for it are classic: InpDepth, InpDeviation,InpBackstep. MinComplete means the level
Shows Kaufman Efficiency Ratio value and smoothed by MA. Calculation is based on movement divided by volatility on a specified period. Levels are adjustable as well as visualization. Parameters: KERPeriod - period for ratio calculation. EMAPeriod - period for moving average. Shift - indicator shift. HigherLevel - low value of the higher zone. LowerLevel - high value of the lower zone. ShowHigherZone - allow higher zone drawing. HigherZoneColor - higher zone color. ShowLowerZone - allow lower zon
Indicator shows balance curves based on magic number for portfolio analysis. It allows to visually estimate different strategies performance on a single symbol. Any of magic number can be hidden by clicking on the value in legend. Parameters: HideAllOnStart - all magics are hidden and can be activated by clicking on its value; MAMode - shows average profit from trades; MAPeriod - Moving average period; Magics - a string with magic numbers separated by comma like "1,2,123". If this field is empty
Fair Value Gap strategy. Entries are filtered with Market Profile and range by minimum value of ATR multiplied by a value from parameters. Parameters: MinATRX - ATR multiplier. If range is lower than ATR * MinATRX the signal will be skipped. MPRange - number of bars to form Market Profile. MPPips - a step of Market Profile in pips. EntryPercentage - a minimal level of profile to enter a trade. Magic - magic number. MaxBars - maximum amount of bars to look back in higher timeframe. FVGPeriod - hi
EA is based on FVG and some filters. M1 timeframe is allowed only. 20 pairs in a set to crate a portfolio. See .set file in comments, it was optimized to work together and cover others losses. Default setting takes current symbol and parameters from a first set. Max risk is hardcoded as 1% per trade in any mode. Common settings: UseRisk - calculate lots based on risk per trade. RiskPerTrade - value in percentage (values above 1 are ignored). UseBalanceLot - lot = balance * BalanceLot. UseVar - v
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