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Support and Resistance AF

Published: 30 August 2026

Current version: 39.0

Support and Resistance AF

Indicators
Alexandre Favero
Alexandre Favero
Brazil

846
My Journey in the Financial Market
I began my journey in the financial market in 2006, at a time when access to complete and well-structured educational materials on the subject was scarce. Faced with this gap, my learning came largely through self-directed study and hands-on experience.
Version: 39.0
Activations: 5

Professional Support and Resistance Indicator

This indicator was developed as a market context study and analysis tool, designed to help identify potentially relevant areas on the chart through the combination of price action, volume, and higher-timeframe market structure.

The indicator displays two layers of horizontal dashed lines, positioned at areas considered relevant for analysis. This allows traders to observe different support and resistance zones and evaluate their relationship with price movement.

The initial studies and testing were conducted on XAUUSD, primarily using the H1 and H4 timeframes. However, the indicator can also be applied to other assets and timeframes for study and analytical purposes.

The displayed areas should be interpreted as zones of interest, rather than guaranteed reversal or continuation signals. The purpose of the indicator is to assist traders in analyzing market structure, identifying potential reaction zones, and evaluating the broader market context before making any trading decision.

Important: The indicator should not be used as a standalone entry trigger. The lines and zones are intended to support technical analysis and should be combined with other criteria established by the trader.

The indicator should always be used together with proper risk management, taking into consideration available capital, risk per trade, position sizing, and the specific characteristics of each asset and market.

This indicator is intended for market study, analysis, and decision-making support only. It does not constitute financial advice, a guarantee of performance, or a promise of profitability.

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Support and Resistance AF

Alexandre Favero

Professional Support and Resistance Indicator