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Support and Resistance

Support & Resistance indicator is a modification of the standard Bill Williams' Fractals indicator.

The indicator works on any timeframes. It displays support and resistance levels on the chart and allows setting stop loss and take profit levels (you can check the exact value by putting the mouse cursor over the level).

  • Blue dashed lines are support level.
  • Red dashed lines are resistance levels.

If you want, you can change the style and color of these lines.

If the price approaches a support level, the activity of seller decreases and the activity of buyers increases. If the price approaches a resistance level, the activity of buyers decreases and the activity of sellers increases.

Note, that when the price breaks through a support level, it may become a resistance level; and when the price breaks through a resistance level, it may become a support level.

Detleff Böhmer
865
Detleff Böhmer 2020.03.20 10:40 
 

Eine gute Hilfe

johnpaul80
68
johnpaul80 2019.07.28 13:02 
 

bad

Goncalo Barata
275
Goncalo Barata 2019.05.11 13:34 
 

very good

sunnychow
8582
sunnychow 2019.01.12 16:16 
 

Thanks for share

Nikolay Gaylis
16098
Nikolay Gaylis 2019.01.07 17:40 
 

User didn't leave any comment to the rating

alvesneto.eduardo Eduardo Alves Neto
59
alvesneto.eduardo Eduardo Alves Neto 2018.03.05 04:16 
 

User didn't leave any comment to the rating

Aleksandr Tamonin
1927
Aleksandr Tamonin 2018.01.17 11:47 
 

Полезный индикатор!

Gennadiy Voltornist
12010
Gennadiy Voltornist 2017.11.26 19:16 
 

User didn't leave any comment to the rating

Daniel Nikolenko
67
Daniel Nikolenko 2017.11.15 15:33 
 

User didn't leave any comment to the rating

Daniel Andrejczuk
5702
Daniel Andrejczuk 2017.11.08 12:15 
 

User didn't leave any comment to the rating

Andrey Litvichenko
7631
Andrey Litvichenko 2017.10.19 13:24 
 

User didn't leave any comment to the rating

Ali irwan
5136
Ali irwan 2017.07.20 07:15 
 

Идея советника отличная! Остальное"в руках трейдера".

Forex Team Team
236
Forex Team Team 2017.04.11 03:45 
 

User didn't leave any comment to the rating

Alexander Baluev
147
Alexander Baluev 2017.03.01 17:23 
 

Замечательный индикатор!

Nork
6209
Nork 2016.03.28 03:18 
 

User didn't leave any comment to the rating

Rodrigo da Silva Boa
7208
Rodrigo da Silva Boa 2015.12.09 06:09 
 

Obrigado por este trabalho.

Jean-Sebastien Laurent
4334
Jean-Sebastien Laurent 2014.06.06 10:23 
 

User didn't leave any comment to the rating

vadoos
1440
vadoos 2014.05.15 08:39 
 

User didn't leave any comment to the rating

Elena Okhotnikova
132
Elena Okhotnikova 2014.04.28 21:17 
 

Отличный индикатор для реальных счетов. Использую в парах с USD - отлично! Благодарю за "бесплатность" и отличную работу!

Vadim Strelkov
7828
Vadim Strelkov 2014.03.24 10:27 
 

User didn't leave any comment to the rating

Version 1.1 2020.03.25
Улучшена стабильность и скорость работы индикатора.