Resistances and Support MT4
- Indicators
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Mohamed Amr Mohamed Osama Abdelwahab
Software Developer, Instructor, and Technical Team Leader with over 22 years of experience across desktop, web, and financial software development. Top Rated freelancer on Upwork with 200+ completed projects, $200K+ delivered, and a 100% job success record. Specialized in algorithmic trading systems - Version: 2.0
- Activations: 5
**Resistances and Support — Strength-Rated Zones with Alerts**
Resistance and support are among the most important factors when you enter the market. This indicator automatically finds them for you and shows how strong each one is.
Instead of plain lines, it draws support and resistance as ZONES, because price reacts to areas, not exact prices. Each zone is rated by how many times price has respected it — the stronger the zone, the bolder it is drawn. You instantly see which levels matter most.
**How to use it:**
- Trade between the support and resistance zones
- Place your stop loss beyond the zone (above it for sells, below it for buys)
- Set your take profit at the next zone
- When many zones cluster close together with little space between them, it is better to wait — the area is congested
**What it does:**
- Automatically detects multiple support and resistance zones from recent price swings
- Rates each zone by strength (number of touches) — stronger zones are bolder
- Draws resistance zones above price and support zones below, each in its own colour
- Shows a small label on each zone with its type and strength (for example R x4, S x5)
- Alerts you when price TOUCHES a zone or BREAKS through it (popup and optional push to mobile)
**Inputs:**
- Lookback bars, pivot strength, zone width (ATR), max zones, minimum touches
- Resistance and support colours, labels on/off, label font size, extend to the right
- Touch alert on/off, break alert on/off, popup on/off, push notification on/off
Works on any symbol and any timeframe. No DLLs, no internet connection, and it never places, modifies, or closes orders — safe to run on any chart alongside any strategy.
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## WHAT'S NEW (version update notes — English)
Version 2.0 — major upgrade:
- Support and resistance are now drawn as ZONES instead of single lines (price reacts to areas)
- Each zone is now strength-rated by the number of touches; stronger zones are bolder
- New TOUCH and BREAK alerts (popup and push to mobile)
- Strength labels on each zone (R/S and touch count)
- Many new settings: lookback, pivot strength, zone width, max zones, minimum touches, colours, labels, and alert options
*Please contact me after purchase for your gift
