Support Resistance Auto Levels Day Week Round
- Indicators
-
Kenichiro Sakamoto
I'm Kenichiro Sakamoto, the developer behind FXEA365 — a studio building transparent, rule-based Expert Advisors for MetaTrader 5. - Version: 1.10
FREE — automatic support and resistance levels: previous-day high/low, previous-week high/low and round-number levels, drawn and kept up to date for you.
100% free, no limitations. If it earns a place on your charts, a short review is the one thing that helps us most — it takes 30 seconds and it is what lets other traders find this tool.
These are the levels most intraday traders mark by hand every morning. This indicator draws them automatically and never lets them go stale.
=== WHAT IT DRAWS ===
- Previous-day high and low — solid lines (default blue).
- Previous-week high and low — dashed lines (default purple).
- Round-number levels — dotted lines (default gray), a configurable number of levels above and below the current price.
- Each line carries a tooltip with its name and exact price.
=== NO REPAINTING ===
Day and week levels come from completed D1 and W1 bars, so once drawn they do not move for the rest of the day or week. The indicator recalculates once per bar, not on every tick — it is light on the terminal.
=== ROUND-NUMBER SPACING ===
Automatic by symbol digits: 50 pips on 5-digit forex pairs, 0.50 on JPY-style 3-digit pairs, 10.0 on 2-digit symbols such as gold. Set InpRoundStep to any value to override — e.g. 5.0 for gold, 100 for indices.
=== SETTINGS ===
- InpShowPrevDay / InpShowPrevWeek / InpShowRound: toggle each group.
- InpRoundStep (default 0 = automatic): spacing between round-number levels.
- InpRoundCount (default 5): round-number lines each side of price.
- Colours and line width are configurable.
=== HONEST NOTE ===
These levels are reference zones, not signals. Price reacts around the previous day's high or a round number often enough to make them worth watching, but nothing here predicts whether a level will hold or break. Use them as context for your own entries and stops — the indicator deliberately gives no buy/sell arrows.
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- Currency Strength Meter: https://www.mql5.com/en/market/product/190005
- MTF Trend Dashboard: https://www.mql5.com/en/market/product/185940
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- Donchian Trend Engine (free EA): https://www.mql5.com/en/market/product/185534
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If this is useful, a review helps us more than anything else.
