Market / MetaTrader 4 / Indicators /

PR Support And Resistance for MT4

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Published: 15 February 2020

Current version: 9.10

PR Support And Resistance for MT4

4.54

Indicators
STE S.S.COMPANY
Version: 9.10
Updated: 9 July 2021

price action support or resistance levels are formed when a market’s price action reverses and changes direction, leaving behind a peak or trough (swing point) in the market. Support and resistance levels can carve out trading ranges. The indicator identifies the Swing High and Swing Low based on X amount of bars ( Period ) defined in the indicator set.

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Key Features

A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. If the price falls below a support level, that level will become resistant. If the price rises above a resistance level, it will often become support.

Horizontal support and resistance levels are the most basic type of these levels. They're simply identified by a horizontal line :

Green Level in the chart, is Resistance Level.
Red Level in the chart, is a Support Level.

Our Support and resistance are used to identify key levels where the trend in price has a greater probability of halting and possibly changing direction. It can be a specific price or price area. Interpretation of the degree of significance of a level depends on a trader's time frame.

Documentations ( Instructions )

All the PR Support and Resistance indicator, documentations ( Instructions ) are available in this post in our MQL5 Blog : Click Here.

Advantage of our Price action Support and Resistance

Working with all pairs ( Forex, Crypto, Indices, and commodities )
Working with all timeframes. ( Recommended time frame : H1 and H4 timeframes )
Alert generator. ( Pop-up alert, Push Notification Alerts...etc )
100% Free Indicator

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Attention! All our free and paid products can be found only and on exclusivity here, on the official MQL5 website.

Contact

If you have some questions or if you need help,contact me via Private Message.

Author

SAYADI ACHREF , fintech software engineer and founder of Finansya.

more...

1762

ROBERT EDWARD BIRD 2023.07.31 17:50 #

excellent

101

Alexsandr Gunko 2023.07.31 16:04 #

Спасибо полезный индикатор.

430

Natalija3107 2023.04.04 21:07 #

super

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Support And Resistance Screener Breakthrough unique Solution With All Important levels analyzer and Markets Structures Feature Built Inside One Tool ! Our indicator has been developed by traders for traders and with one Indicator you will find all Imporant market levels with one click. LIMITED TIME OFFER : Support and Resistance Screener Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) (offer extended) The available tools ( Features ) in our Indicator are : 1. HH-LL

50 USD

Currency Strength Meter, gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. We calculate based the strength of currency based on the trend of 28 pairs. LIMITED TIME OFFER : TREND CSM Indicator is available for only 50 $. ( Original price 125$ ) By accessing to our MQL5 Blog, you can find all o

50 USD

Support And Resistance Screener Breakthrough unique Solution With All Important levels analyzer and Markets Structures Feature Built Inside One Tool! Our indicator has been developed by traders for traders and with one Indicator you will find all Imporant market levels with one click. LIMITED TIME OFFER : Support and Resistance Screener Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) (offer extended) The available tools ( Features ) in our Indicator are : 1. HH-LL

50 USD

FREE

Boom and Crash Spike Detector indicator is coded based on an advanced strategy primarily for detecting the Boom and Crash in the prices. Complex algorithms were implanted to detect high probability Booms and Crashs in the prices . Key Features Sends push notifications to mobile phone Pop up and sound alerts on computer or laptop Displays non repaint arrows (up arrows for Potential Boom and down arrows for Potential Crash) Working with all pairs. Recommendation Timeframe : H1 and H4 Re

30 USD

50 USD

The Average Daily Range shows the average pip range of a Forex pair measured over a certain number of periods. Traders can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual, which implies that the currency pair may be extending beyond its norm. Our ADR Analyzer is composed of 5 main features : Range ( ADR ) Screener: A multi-currencies ADR analysis. ADR Zone: shows the expected m

50 USD

Volatility analyzer is a momentum indicator, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The indicator also uses a momentum oscillator to show the expected direction of the move when the squeeze fires. This histogram oscillates around the zero line, increasing momentum above the zero line indicates an opportunity to purchase long, while momentum falling below the zero line can indicate a shorting opportunity. LIMITED TIME OFF

50 USD

This indicator is intended to assist in the backtesting process. It can be used to highlight time zone session based on your time setting in which you are either asleep or away from your charts, or intraday trading sessions that you want to trade. It will help you to monitor the market move during a period of time. Key features Selecting trading zone time ( Beginning and ending time ) Highlight the trading zone ( Highest High and Lowest low of that specified session ) 100% free indicator

FREE

Pin Bar Detector is an indicator that finds Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Dragon Fly Doji , Grave Stone Doji, Hammer, Inverted-Hammer, Hanging Man and Shooting Star. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our prem

FREE

Currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency.We calculate based the strength of currency based on the trend of 28 pairs. LIMITED TIME OFFER : Trend CSM Indicator is available for only 50 $. ( Original price 125$ ) By accessing to our MQL5 Blog, you can find all our

50 USD

Every trader knows that he or she should never Risk more than 5% (or 7%) per trade.This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss value for different trading levels. This indicator will calculate an appropriate LotSize for the moment when you will put it on the chart and each time you will drag the "Stop Loss Line" in any direction. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by

50 USD

FREE

Boom and Crash Spike Detector indicator is coded based on an advanced strategy primarily for detecting the Boom and Crash in the prices. Complex algorithms were implanted to detect high probability Booms and Crashs in the prices . It alerts on potential Boom or crash phases. Key Features Sends push notifications to mobile phone Pop up and sound alerts on computer or laptop Displays non repaint arrows (up arrows for Potential Boom and down arrows for Potential Crash) Working with all pairs.

30 USD

Every trader knows that he or she should never Risk more than 5% (or 7%) per trade. This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss value for different trading levels. This indicator will calculate an appropriate LotSize for the moment when you will put it on the chart and each time you will drag the "Stop Loss Line" in any direction. LIMITED TIME OFFER: All our premium indicators are available for only 50$, b

50 USD

The Range analyzer indicator shows the average pip range of a Forex pair measured over a certain number of periods. Traders can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual, which implies that the currency pair may be extending beyond its norm. Our ADR Analyzer is composed of 5 main features : Range ( ADR ) Screener: A multi-currencies ADR analysis. ADR Zone: shows the expec

50 USD

A tool that analyzes the trades performance and gives all necessary ratios to analyze accounts history. Trade Analyzer for MT4 has 2 main features : Display Account Analysis in the main chart with a screener. Generate CSV document with all closed trades performance. LIMITED TIME OFFER : Trades Analyzer is available for only 50 $ and lifetime. ( Original price 125$ ) Key features Screener to Display Trades Performance. Analyze Trades Per Magic Number, Per Symbol or Per Comments. Export t

50 USD

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1762

ROBERT EDWARD BIRD 2023.07.31 17:50 #

excellent

101

Alexsandr Gunko 2023.07.31 16:04 #

Спасибо полезный индикатор.

Yves 2023.07.24 16:21 #

Super useful indicator! Thx for this. Any chance it could be updated for the M2 Macs?

Amante 2023.07.05 05:03 #

347

mgl5fjn 2023.06.25 21:22 #

very useful*

Jeremiah Akor 2023.06.25 11:10 #

all the indicators i download went to expert advisor instead of indicator terminals what can i do ?

430

Natalija3107 2023.04.04 21:07 #

super

александр голушков 2023.03.30 19:50 #

Бесполезный !

489885

Reply from developer Sayadi Achraf 2023.03.30 22:24 #

Hi sir, Thank you for taking time to write your review. Can i know what’s the issue you’re facing with our indicator?

1171

Richmond Chikotolo 2023.03.06 16:48 #

where can i get the mq4 file?

803

Sergei Lopukhov 2023.02.26 10:56 #

Простой и надежный индикатор, который можно применить в стратегии.

334

amin13eko 2023.01.22 23:37 #

excellent indicator

gexcellconsultoria 2023.01.20 01:18 #

Ajuda bastante, porem indicadores não são perfeitos.

455

Yerly 2022.12.21 10:53 #

Un peu lourd....

Gustavius Coleman 2022.11.27 06:56 #

excellent service and product

ClovisPerniciotti62 2022.11.11 12:04 #

Muito bom, eu recomendo.

448

Ko-saku Takagita 2022.10.31 08:28 #

デイトレードでも使えると思うので良い。表示する線が少なく、思考の妨げにならない。ピボットや平均足と組み合わせてもいいのではないだろうか。 I think it can be used for day trading, so it's good. There are few lines to display, and it does not interfere with thinking. I wonder if it can be combined with pivots and Heiken Ashi.

124

sousensei 2022.10.10 16:55 #

使い方がわからない

489885

Reply from developer Sayadi Achraf 2022.10.10 16:56 #

Hi sir, Thank you for your review. Can i know whats the issue with our indicator?

755

SolidSignal 2022.10.03 23:18 #

i have been using it on demo the result is good but i use with other indicator to confirm entry if the author can made the signal stay on chart also i want to buy the other product how do i get in touch with author and ask few question before i buy

2009

Mauro Giuseppe Tondo 2022.10.03 13:20 #

Good indicator.

123MaRcosaLa876 2022.09.30 11:43 #

molto utile

1 2 3 4 5

Version 9.10 2021.07.09

1. Add alerts.

Version 9.0 2021.07.01

1. Add swing high and low algorithme.

Version 8.20 2021.06.24

1. Updating algorithm.

Version 8.10 2021.06.15

1. Add Line Width.

Version 8.0 2021.06.14

1. Optiming PA algorithm for small timeframe.

Version 7.60 2021.06.13

1. Updating the indicator to follow the new Market Rules.

Version 7.50 2021.05.08

1. Optimizing indicator speed.

Version 7.40 2021.04.20

1. Changing default setting.

Version 7.30 2021.04.18

1. Add pairs screener.

Version 7.10 2020.08.25

1. Optimizing the algorithm of identifying strong support and resistance.

Version 6.10 2020.04.21

1. Fixing Alert issue.
2. Add hide-display dashboard.

Version 6.0 2020.04.21

1. Add second control to clean the chart.

Version 5.0 2020.04.09

1. Adjusting default setting.

Version 3.33 2020.03.10

1. Optimizing indicator logic.

Version 2.21 2020.03.05

1. Adjusting features available in the free version.

Version 2.20 2020.02.22

1. Add color for strong zones.
2. Add Display Strong zones only feature. ( pro version )

Version 2.10 2020.02.15

1. Change default setting

Version 2.0 2020.02.15

1. Add Strong and support zones

Version 1.20 2020.02.15

- Changing default Setting to H4 timeframe.

Description quality and completeness		5
Reliability and usability		5
User support		5