RelicusRoad Support Resistance MT5

RelicusRoad Support Resistance is a support and resistance indicator for MetaTrader 4 and MetaTrader 5 that builds supply and demand zones from fractal swings and grades each one by its strength and recent tests.

It keeps a short map of zones above and below price, each labeled with its grade, width and recent test count.

How it works

Swing highs and lows are collected into price zones rather than single lines. A swing is a bar whose high or low is not exceeded by the 7 bars on either side, and larger 15-bar swings and swings with a strong reaction afterwards count for more. The weighted swings are added up along the price axis, and the densest separated areas become zones. Each zone gets a strength score, every repeated test wears that score down, and zones are kept at least 0.75 of the Average True Range (ATR) apart without overlapping.

  • Verified: tested within the last 100 bars and still strong.
  • Weak: tested within the last 100 bars, with strength below the Verified level.
  • Untested: no test within the last 100 bars.
  • Turncoat, Possible and Broken: flipped, unconfirmed and broken zones, produced only when Use Density-Generated Zones is off.

Older swings count for less than recent ones. The indicator first picks strong zones within about six ATR of price, then fills in until each side has three zones and the chart has six, so a weaker or more distant zone can appear when few strong ones are nearby. With Adapt Geometry By Timeframe on, M1 and M5 zones are tighter, while H4 and D1 charts look further from price.

What it draws

  • Graded zones: filled rectangles, with support below the last close and resistance above it.
  • Zone labels: the grade and side, for example Verified Support (145p,2t), where p is the zone width in points and t is the number of recent tests.
  • SR Bias: a top-right corner label that reads Bullish, Bearish or Balanced from the balance of support and resistance strength near price.
  • Boundary lines: zone edges with adjustable width and style.
  • Zone span: each rectangle starts a few bars before its oldest swing and ends a few bars past the current bar, where the label sits.

Reading the chart

Support zones use green shades and resistance zones use red, orange and coral shades. The zone colors can be changed in the inputs. The label text is always light gray.

A Verified zone is one where price has come back recently and the zone has kept its strength. A Weak zone has been tested but carries less strength, often because repeated tests have worn it down. An Untested zone has not been visited within the last 100 bars, so there is no recent reaction to judge it by.

Support or resistance is decided by where a zone sits relative to the last closed price, so a zone changes side when price crosses it. The grades describe what price has already done at each zone, not what it will do next.

Inputs

Zone building:

  • Timeframe: build zones from the chart timeframe or from a higher one.
  • Total History and Zone History: how many bars are scanned and the upper limit on zones kept.
  • Use Density-Generated Zones: on by default; turn it off to use the classic zone mode with Turncoat, Possible and Broken zones.
  • Adapt Geometry By Timeframe: tighter zones on M1 and M5, a wider view on H4 and above.
  • Maximum Zones Per Side and Recent Test Window: how many zones each side may hold and how many bars count as recent, 5 and 100 by default.
  • Zone Sensitivity and Merge Near SRs: apply to the classic mode only and have no effect while density zones are on.

Display:

  • Show Verified, Weak, Untested and the other grades: each grade toggles on its own, and Possible and Broken start hidden.
  • Show Info and Show Points: turn the grade text and the width and test figures on or off.
  • Show SR Bias: turn the corner label on or off.
  • Fill Colors, Boundary Line Width and Boundary Line Style: how the rectangles look.
  • Label Font and Label Size: the typeface and size of the zone labels and the bias label.
  • Zone colors: a separate support and resistance color for every grade.

Recommended use

Built for forex, gold (XAUUSD), indices, stocks and crypto. Zones are most useful on H1 and above, where each one has had time to be tested.

Common questions

Can I show higher timeframe zones on a lower chart? Yes. Set Timeframe to H4 or D1 and the zones from that timeframe are drawn on your current chart. On the lower chart they can shift slightly between full recalculations.

Why does a level that held several times show as Weak? Each recent test wears the strength down, so a level that has been tested again and again can drop below the Verified level even though it held.

Does it place trades? No. It is an indicator that draws and grades zones. It does not open or close positions.

Zones are rebuilt from scratch on every new bar, so a zone can move, change grade or disappear as new bars arrive.

About and support

Zone grading is the support and resistance engine from RelicusRoad Pro, published separately for traders who already have their own entries and only need the levels. It runs standalone and needs no other RelicusRoad product.

Questions and support are handled in the product comments and through the mql5.com messaging system.

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5 (1)
Golden Spike Premium Golden Spike Premium is a MetaTrader 5 technical indicator for studying synthetic index charts on the M1 timeframe. It is designed for Boom/Crash indices on Deriv and Gain/Pain indices on Weltrade, depending on the instruments available through the user's broker. Main features Uses Parabolic SAR, RSI, and Bollinger Bands analysis. Three risk modes: Low, Medium, and High. Configurable trade direction: Buy, Sell, or Both. Audio and push notification alerts. Dashboard with sele
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The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals. The MACD is considered to be in bullish territory when the MACD line is above the signal line and
FREE
RelicusRoad Pro MT5
Relicus LLC
4.96 (24)
RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
RelicusRoad Pro
Relicus LLC
4.65 (107)
RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
RelicusRoad MACD v2
Relicus LLC
4.6 (5)
The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals. The MACD is considered to be in bullish territory when the MACD line is above the signal line and
FREE
RelicusRoad CopyTrader is a free trade copier for MetaTrader 4 . It copies trades between MT4 terminals on the same computer, so you can trade one account and have the others follow it, each at its own size and risk. Full version, no limitations, no trial period. Trade one account. Let the rest follow. How it works One terminal runs as the Leader (master) and shares the orders it holds. Any number of terminals run as Followers (slaves) and mirror them. Terminals are paired by a Channel name, so
FREE
RelicusRoad Support Resistance is a support and resistance indicator for MetaTrader 4 and MetaTrader 5 that builds supply and demand zones from fractal swings and grades each one by its strength and recent tests. It keeps a short map of zones above and below price, each labeled with its grade, width and recent test count. How it works Swing highs and lows are collected into price zones rather than single lines. A swing is a bar whose high or low is not exceeded by the 7 bars on either side, and
RelicusRoad Signal Line is a trend filter indicator for MetaTrader 4 and MetaTrader 5 that draws two moving average lines and colors each bar of them green, salmon or gray from a strategy filter you choose. The line shows where the average is. The color shows what the chosen filter says about that bar. By default Line 1 is a fast KAMA 9 colored by momentum and Line 2 is a slow Hull moving average 200 colored by Ichimoku. How it works Each line is calculated from closing prices with the average t
RelicusRoad Action Levels is a support and resistance levels indicator for MetaTrader 4 and MetaTrader 5 that fits a grid of major and minor price levels to the symbol's own volatility and past reactions, and labels each level with its touch count. The grid is not a fixed pip spacing and not a plain round-number grid. Its spacing and offset are chosen from completed bars, each level is scored on how price behaved around it, and only the strongest levels near the current price are drawn. How it w
RelicusRoad Daily High Low is a previous day high and low indicator for MetaTrader 4 and MetaTrader 5 that marks yesterday's high and low and today's open on every bar of an intraday chart. The three levels are drawn as colored dot series that step to new values when a new period starts, with small High, Low and Open tags at the end of each period. On charts from H1 to H4 the same markers show last week's range and this week's open instead, and on D1 they show the monthly equivalents. How it wor
RelicusRoad Daily Pivots is a daily pivot points indicator for MetaTrader 4 and MetaTrader 5 that divides the previous day's range into Fibonacci levels and extends them above and below it, from minus 100 to plus 200 percent. Instead of classic floor pivots, the previous completed range is treated as a scale where the low is 0% and the high is 100%. Nineteen levels are printed as compact colored markers at the right edge of the chart, so the size of today's move reads as a fraction or a multiple
RelicusRoad Scalping Pivots is a swing point and Fibonacci level indicator for MetaTrader 4 and MetaTrader 5 that marks alternating swing highs and lows over a 60-bar lookback and labels Fibonacci retracements and extensions of the latest swing. The pivots in the name are these swing points, not classic floor pivot points such as PP, R1 and S1. Next to the newest swing, the indicator prints a column of percentage labels so you can read retracement and extension levels without drawing a Fibonacci
RelicusRoad Dynamic Circles is a swing high and swing low indicator for MetaTrader 4 and MetaTrader 5 that marks turning points with circles at three lookback lengths at once: 9, 60 and 156 bars. Small turns and large turns sit on the same chart but look different. A short range dot shows a minor swing, while the larger medium and long range rings only appear where price made the extreme of a much longer window. Each circle can carry a short text label such as HH(60) or LL(156). How it works For
RelicusRoad Fractals is a fractal indicator for MetaTrader 4 and MetaTrader 5 that marks swing highs and swing lows at two strengths, a Fast test of 7 bars on each side and a Slow test of 15 bars on each side. A 7-bar window on each side already filters out many small wiggles, and the Slow test asks for more than twice that, so its thicker arrows pick out the swings that held over a much wider stretch of the chart. Both strengths are shown together, so minor and larger swings can be told apart a
RelicusRoad Multi Timeframe Trendbar is a multi-timeframe trend indicator for MetaTrader 4 and MetaTrader 5 that shows an Uptrend, Neutral or Downtrend state for nine timeframes, M1 to MN1, as a row of colored dots in the chart corner. Each timeframe gets one dot with its name above it, in the lower-right corner of the chart. The color tells you the state, so you can see which timeframes agree without switching charts. How it works For each timeframe, the indicator compares two standard tools on
RelicusRoad SuperTrend is a SuperTrend indicator for MetaTrader 4 and MetaTrader 5 that plots an ATR-based trailing line below price in an uptrend and above price in a downtrend. It is the classic SuperTrend calculation with nothing layered on top: one line for the up side, one for the down side, and no arrows, labels or panels. How it works For every bar the indicator takes the median price, the midpoint of the bar's high and low, and sets a band a chosen number of Average True Range (ATR) unit
RelicusRoad Trading Sessions is a trading sessions indicator for MetaTrader 4 and MetaTrader 5 that marks the opening time of the Tokyo, London and New York sessions with dotted vertical lines on M1, M5 and M15 charts. Each session open is shown as a line, a small rotated name label and an event marker in the session's color, for the current day and the previous weekdays. Hovering over one shows the session name and its opening time. The indicator marks opens only: it does not shade session rang
RelicusRoad Trendlines is an automatic trendline indicator for MetaTrader 4 and MetaTrader 5 that fits trendline channels through confirmed swing pivots at three swing sizes and draws them as shaded zones. Short, medium and long swings each have their own color. The chart shows the two or three channels that score highest at the moment, plus a grey checkerboard box that maps a reference entry, stop and target for one selected rail. How it works A swing high or low is confirmed only when it is th
RelicusRoad Signal Cloud is a cloud indicator for MetaTrader 4 and MetaTrader 5 that projects a price band 21 bars ahead, sized by the gap between the 12 and 26 period EMAs. The band is centered on a 3-period EMA of close and smoothed so its edges move gradually. Because it is shifted forward, part of the cloud always sits to the right of the last bar, and price later arrives at the section that was drawn earlier. How it works For each bar the indicator measures the absolute gap between the 12 a
RelicusRoad Multi Timeframe Levels is a multi-timeframe support and resistance indicator for MetaTrader 4 and MetaTrader 5 that draws the latest swing high and swing low from H1, H4, D1, W1 and MN1 as horizontal lines on the chart you are trading. Each of those five timeframes contributes one resistance line and one support line, so an intraday chart carries up to ten lines. Every line is colored by the timeframe it came from, which keeps the higher-timeframe swings in view without switching cha
RelicusRoad Order Blocks is an order block indicator for MetaTrader 4 and MetaTrader 5 that finds displacement candles, marks the candle that started each move as a bullish or bearish order block, and tracks how far price has traded back into it. It is written for traders who work with smart money concepts (SMC). How it works A displacement candle is one whose body is at least 1.5 times the Average True Range (ATR) of the last 14 bars and at least 55 percent of its own high-to-low range. The ind
RelicusRoad Liquidity Levels is a liquidity level indicator for MetaTrader 4 and MetaTrader 5 that draws a weighted equilibrium line with volatility-based levels above and below it, seven lines in total for the Simple and Smooth channel types. Despite the name, the levels are volatility bands, not detected liquidity pools or stop clusters. The three levels above the center are called Sell levels and the three below are called Buy levels. On the chart they are labeled TP/SL-1 to TP/SL-3, with Saf
RelicusRoad Signal Line is a trend filter indicator for MetaTrader 4 and MetaTrader 5 that draws two moving average lines and colors each bar of them green, salmon or gray from a strategy filter you choose. The line shows where the average is. The color shows what the chosen filter says about that bar. By default Line 1 is a fast KAMA 9 colored by momentum and Line 2 is a slow Hull moving average 200 colored by Ichimoku. How it works Each line is calculated from closing prices with the average t
RelicusRoad Action Levels is a support and resistance levels indicator for MetaTrader 4 and MetaTrader 5 that fits a grid of major and minor price levels to the symbol's own volatility and past reactions, and labels each level with its touch count. The grid is not a fixed pip spacing and not a plain round-number grid. Its spacing and offset are chosen from completed bars, each level is scored on how price behaved around it, and only the strongest levels near the current price are drawn. How it w
RelicusRoad Daily High Low is a previous day high and low indicator for MetaTrader 4 and MetaTrader 5 that marks yesterday's high and low and today's open on every bar of an intraday chart. The three levels are drawn as colored dot series that step to new values when a new period starts, with small High, Low and Open tags at the end of each period. On charts from H1 to H4 the same markers show last week's range and this week's open instead, and on D1 they show the monthly equivalents. How it wor
RelicusRoad Daily Pivots is a daily pivot points indicator for MetaTrader 4 and MetaTrader 5 that divides the previous day's range into Fibonacci levels and extends them above and below it, from minus 100 to plus 200 percent. Instead of classic floor pivots, the previous completed range is treated as a scale where the low is 0% and the high is 100%. Nineteen levels are printed as compact colored markers at the right edge of the chart, so the size of today's move reads as a fraction or a multiple
RelicusRoad Dynamic Circles is a swing high and swing low indicator for MetaTrader 4 and MetaTrader 5 that marks turning points with circles at three lookback lengths at once: 9, 60 and 156 bars. Small turns and large turns sit on the same chart but look different. A short range dot shows a minor swing, while the larger medium and long range rings only appear where price made the extreme of a much longer window. Each circle can carry a short text label such as HH(60) or LL(156). How it works For
RelicusRoad Fractals is a fractal indicator for MetaTrader 4 and MetaTrader 5 that marks swing highs and swing lows at two strengths, a Fast test of 7 bars on each side and a Slow test of 15 bars on each side. A 7-bar window on each side already filters out many small wiggles, and the Slow test asks for more than twice that, so its thicker arrows pick out the swings that held over a much wider stretch of the chart. Both strengths are shown together, so minor and larger swings can be told apart a
RelicusRoad Multi Timeframe Trendbar is a multi-timeframe trend indicator for MetaTrader 4 and MetaTrader 5 that shows an Uptrend, Neutral or Downtrend state for nine timeframes, M1 to MN1, as a row of colored dots in the chart corner. Each timeframe gets one dot with its name above it, in the lower-right corner of the chart. The color tells you the state, so you can see which timeframes agree without switching charts. How it works For each timeframe, the indicator compares two standard tools on
RelicusRoad Scalping Pivots is a swing point and Fibonacci level indicator for MetaTrader 4 and MetaTrader 5 that marks alternating swing highs and lows over a 60-bar lookback and labels Fibonacci retracements and extensions of the latest swing. The pivots in the name are these swing points, not classic floor pivot points such as PP, R1 and S1. Next to the newest swing, the indicator prints a column of percentage labels so you can read retracement and extension levels without drawing a Fibonacci
RelicusRoad SuperTrend is a SuperTrend indicator for MetaTrader 4 and MetaTrader 5 that plots an ATR-based trailing line below price in an uptrend and above price in a downtrend. It is the classic SuperTrend calculation with nothing layered on top: one line for the up side, one for the down side, and no arrows, labels or panels. How it works For every bar the indicator takes the median price, the midpoint of the bar's high and low, and sets a band a chosen number of Average True Range (ATR) unit
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