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Resistances and Support

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Demo downloaded: 26

Published: 11 May 2020

Current version: 2.0

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Resistances and Support

Indicators
Mohamed Amr Mohamed Osama Abdelwahab
Mohamed Amr Mohamed Osama Abdelwahab
Self Employed at Free Lancer

Egypt

4495
5 (5)
Software Developer, Instructor, and Technical Team Leader with over 22 years of experience across desktop, web, and financial software development. Top Rated freelancer on Upwork with 200+ completed projects, $200K+ delivered, and a 100% job success record. Specialized in algorithmic trading systems

62 products 9 topics 21 comments
Version: 2.0
Updated: 27 June 2026
Activations: 5

**Resistances and Support — Strength-Rated Zones with Alerts**

Resistance and support are among the most important factors when you enter the market. This indicator automatically finds them for you and shows how strong each one is.

Instead of plain lines, it draws support and resistance as ZONES, because price reacts to areas, not exact prices. Each zone is rated by how many times price has respected it — the stronger the zone, the bolder it is drawn. You instantly see which levels matter most.

**How to use it:**

- Trade between the support and resistance zones

- Place your stop loss beyond the zone (above it for sells, below it for buys)

- Set your take profit at the next zone

- When many zones cluster close together with little space between them, it is better to wait — the area is congested

**What it does:**

- Automatically detects multiple support and resistance zones from recent price swings

- Rates each zone by strength (number of touches) — stronger zones are bolder

- Draws resistance zones above price and support zones below, each in its own colour

- Shows a small label on each zone with its type and strength (for example R x4, S x5)

- Alerts you when price TOUCHES a zone or BREAKS through it (popup and optional push to mobile)

**Inputs:**

- Lookback bars, pivot strength, zone width (ATR), max zones, minimum touches

- Resistance and support colours, labels on/off, label font size, extend to the right

- Touch alert on/off, break alert on/off, popup on/off, push notification on/off

Works on any symbol and any timeframe. No DLLs, no internet connection, and it never places, modifies, or closes orders — safe to run on any chart alongside any strategy.

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## WHAT'S NEW (version update notes — English)

Version 2.0 — major upgrade:

- Support and resistance are now drawn as ZONES instead of single lines (price reacts to areas)

- Each zone is now strength-rated by the number of touches; stronger zones are bolder

- New TOUCH and BREAK alerts (popup and push to mobile)

- Strength labels on each zone (R/S and touch count)

- Many new settings: lookback, pivot strength, zone width, max zones, minimum touches, colours, labels, and alert options

*Please contact me after purchase for your gift

https://www.mql5.com/en/users/amrosama77/seller

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MORE TOOLS All my indicators, Expert Advisors and utilities are listed here: https://www.mql5.com/en/users/amrosama77/seller Market Regime Detector - Know Which Kind Of Market You Are In A breakout method loses money in a range. A mean reversion method loses money in a trend. Neither method is broken; they are simply being used in the wrong conditions. Market Regime Detector names the current conditions so you can decide whether your approach fits them. Three independent measurements are co

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No Chase Entry Filter - Entries That Are Not Late Many losing trades are not wrong about direction. They are late. The idea was sound, the entry came after the move had already happened, and the stop was hit on an ordinary pullback that a better price would have survived. No Chase Entry Filter marks buy and sell entries from market structure, and refuses the ones taken at a bad price. A green dot means buy from here. A red dot means sell from here. A coloured level marks where the trade is cl

Perfect VWAP Pro - Anchored VWAP, Session Anchoring and Band Squeeze Detection Most VWAP indicators calculate one thing: a rolling average over the last N bars. Perfect VWAP Pro adds the two calculations that professional traders actually ask for, a true anchored VWAP and a session anchored VWAP, and then measures what the deviation bands are doing rather than only drawing them. THREE CALCULATION MODES Anchored. Choose any date and the average accumulates forward from that point and never re

**Trade the waves the way the book teaches — not by guesswork.** This indicator reads price structure and labels Elliott Wave impulses (1-2-3-4-5) and corrections (A-B-C) automatically, then shows you exactly where the next wave is likely to go and where the book says the trade is. It is built directly on *Elliott Wave Principle — Key to Market Behavior* by A.J. Frost & Robert Prechter, and it is faithful to the source: the four inviolable wave rules are enforced at 100%, so a count that isn't

Chart Patterns in Depth — Professional Pattern Detector Chart Patterns in Depth automatically detects, draws and manages the 16 classic chart pattern variants used by professional price-action traders: Symmetrical, Ascending and Descending Triangles, Head & Shoulders and its Inverse, Cup & Handle and its Inverse, Falling and Rising Wedges, Bullish and Bearish Rectangles, Flags, Pennants, Double Tops/Bottoms and Triple Tops/Bottoms. Unlike simple pattern scanners, this indicator implements a c

Dual Scale Candles MT4 draws a second symbol's candles over your chart, with the second symbol's own prices on a separate left scale. Compare two instruments on one chart. The overlay uses a linear price mapping to fit the second symbol to the chart. Choose alignment at the first available bar of the current day or week, at the oldest drawn bar, or choose Range Fit. Day and week modes show a vertical anchor line. If the beginning of the period is not loaded, the label identifies the partial peri

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Dual Scale Candles overlays the real candles of a second symbol directly on your chart, with its own independent price scale on the left axis. Compare gold vs. a currency, oil vs. an index, or any two instruments on one chart - each keeps its true prices. The two series are aligned at a point you choose: the first bar of the current day shown on your chart, the first bar of the current week, or the oldest drawn bar - at the anchor bar, both series cross at the same level, marked by a vertical d

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**Measure Utility (R-Meter) — MFE/MAE Trade Journal & Performance Dashboard** Stop chasing the "perfect" indicator. Your real edge is data — and this tool measures it for you. Measure Utility is a lightweight, measurement-only indicator that automatically tracks every trade you take and shows your true performance live on the chart. It never sends, modifies, or closes orders — it simply observes and reports, so it is completely safe to run alongside any strategy or EA. **What it tracks for e

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**Exit Manager — trail and close your trades by rule** Exit Manager takes over the exits on trades you already have open. You open positions however you like — by hand, from a signal, or from another EA — and this one manages them out with three rules you can mix: a peak-based Trailing Take-Profit, a Time-in-Trade close, and an ATR-trailing stop. It never opens a position. It only trails and closes the ones on the current symbol (all of them, or just one magic number), so it slots cleanly on

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**Measure Utility (R-Meter) — MFE/MAE Trade Journal & Performance Dashboard** Stop chasing the "perfect" indicator. Your real edge is data — and this tool measures it for you. Measure Utility is a lightweight, measurement-only indicator that automatically tracks every trade you take and shows your true performance live on the chart. It never sends, modifies, or closes orders — it simply observes and reports, so it is completely safe to run alongside any strategy or EA. **What it tracks for e

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MORE TOOLS All my indicators, Expert Advisors and utilities are listed here: https://www.mql5.com/en/users/amrosama77/seller Market Regime Detector - Know Which Kind Of Market You Are In A breakout method loses money in a range. A mean reversion method loses money in a trend. Neither method is broken; they are simply being used in the wrong conditions. Market Regime Detector names the current conditions so you can decide whether your approach fits them. Three independent measurements are co

FREE

**Exit Manager — trail and close your trades by rule** Exit Manager takes over the exits on trades you already have open. You open positions however you like — by hand, from a signal, or from another EA — and this one manages them out with three rules you can mix: a peak-based Trailing Take-Profit, a Time-in-Trade close, and an ATR-trailing stop. It never opens a position. It only trails and closes the ones on the current symbol (all of them, or just one magic number), so it slots cleanly on

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MO Spread Monitor — know your spread before it costs you Spread Monitor shows the live spread in points against a limit you set, with a clear OK / BLOCKED state and an alert whenever the spread blows past the limit. It also tracks the session maximum, the running average, and how many times the limit was exceeded. Widening spread quietly eats entries and stops. This tiny utility makes it visible, so you can avoid trading through news spikes and illiquid hours. Inputs: • InpMaxSpreadPoints —

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MO Spread Monitor — know your spread before it costs you Spread Monitor shows the live spread in points against a limit you set, with a clear OK / BLOCKED state and an alert whenever the spread blows past the limit. It also tracks the session maximum, the running average, and how many times the limit was exceeded. Widening spread quietly eats entries and stops. This tiny utility makes it visible, so you can avoid trading through news spikes and illiquid hours. Inputs: • InpMaxSpreadPoints —

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What's new in version 2: - On-chart control panel: every feature is now one click away, draggable anywhere on the chart, position is saved - Candle count per period: show 1..N candles (1 = current, 2 = current + last, ...) for Daily, Weekly, Monthly and Yearly independently - New color scheme: ONE color per period — bullish candles use the light shade, bearish the dark shade of the same color - On-chart color palette: change any period's color with one click, no settings dialog needed - FILL but

**Price Power — Buy vs Sell Power from Price Position** Price Power measures, at a glance, how much room price has above and below the current level. It counts how many of the last candles sit above the current price (buy power) and how many sit below it (sell power), and shows both as numbers and as lines on your chart. When far more candles are above price than below, there is more room and pressure to the downside; when far more are below, the bias is to the upside. The panel gives you the

**Resistances and Support — Strength-Rated Zones with Alerts** Resistance and support are among the most important factors when you enter the market. This indicator automatically finds them for you and shows how strong each one is. Instead of plain lines, it draws support and resistance as ZONES, because price reacts to areas, not exact prices. Each zone is rated by how many times price has respected it — the stronger the zone, the bolder it is drawn. You instantly see which levels matter mos

Chart Patterns in Depth — Professional Pattern Detector Chart Patterns in Depth automatically detects, draws and manages the 16 classic chart pattern variants used by professional price-action traders: Symmetrical, Ascending and Descending Triangles, Head & Shoulders and its Inverse, Cup & Handle and its Inverse, Falling and Rising Wedges, Bullish and Bearish Rectangles, Flags, Pennants, Double Tops/Bottoms and Triple Tops/Bottoms. Unlike simple pattern scanners, this indicator implements a c

HARMONIC STRATEGY SUITE PRO MT5 Harmonic Strategy Suite Pro is a technical indicator and strategy-evaluation dashboard designed for MT5. Unlike basic pattern finders that only plot lines, this indicator features a built-in on-chart backtester that simulates professional trade execution, calculates precise target probability metrics, and dynamically adapts its layout for maximum readability. KEY FEATURES Interactive Draggable Dashboard: Tracks real-time statistical metrics (Passed Entries, T

Discipline Coach is a trading-psychology mentor that operates directly on your MetaTrader 5 charts. *Please contact me after purchase for your gift - Coach Only: It does not place, modify, or close trades. It acts purely as an observer, evaluator, and guide. - Core Principle: It shifts your focus from financial outcomes (profit/loss) to execution quality. It evaluates how strictly you adhere to your own declared rules. Core Features 1. Plan Gate (Onboarding): A setup wizard

24-Hour Market Clock | Draggable & Customizable Track global market sessions at a glance with our professional 24-Hour Market Clock. Designed for traders who need precise timing, this indicator displays the Sydney, Tokyo, London, and New York sessions in a beautiful, easy-to-read circular interface. Key Features: • Fully Draggable: Click and drag the clock anywhere on your chart. • Z-Order Control: Choose to display the clock above or behind the candlesticks. • Transparent/Custo

Professional Expert Advisor for MetaTrader, implementing proven trading methods An intraday breakout around the daily open with a self-adjusting band: tight in trending conditions, wide in noise. All positions are closed at end of day - no overnight risk. Inputs: - InpERPeriod — Efficiency Ratio period - InpATRPeriod — ATR period - InpBandMin — band ATR multiple in trending markets (ER = 1) - InpBandMax — band ATR multiple in noisy markets (ER = 0) - InpLots — fixed lot size - InpSLMult — sto

Cycle Channel Index shows where the current close sits inside the highest-high / lowest-low channel of the last N bars, on a normalized 0-100 scale, with a smoothed signal line. Reading the indicator: - Above 80: price is pressing the top of its recent range. - Below 20: price is pressing the bottom. - Signal line crossovers mark short-term shifts in momentum. - In ranging conditions, one way to use it is to watch the 20/80 zones for turns back inside; in trends, sustained readings above 50 can

Professional Expert Advisor for MetaTrader, implementing proven trading methods The classic two-moving-average trend system, upgraded with a volatility-band early exit that exits early when price overextends. Inputs: - InpFastPeriod — fast MA period - InpSlowPeriod — slow MA period - InpMAMethod — moving average method - InpEarlyExit — enable the volatility-band early exit - InpATRPeriod — ATR period - InpExitMult — early-exit band as ATR multiple - InpLots — fixed lot size - InpMagic — magic

Professional indicator for MetaTrader, implementing proven trading methods Automatically finds swing points where price and momentum disagree and draws the divergence lines and arrows on the chart. Inputs: - InpMomPeriod — momentum period - InpSwingBars — bars on each side to confirm a swing point - InpDrawLines — draw divergence lines on the chart Trading ideas: - Use bearish divergence to tighten stops or take profit on longs. - Combine with support/resistance for reversal entries. Works

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