Support and Resistance Screener Free MT5
Support Resistance Screener : Its a technical indicator that identifies support and resistance based price action with supply and demand levels.
1. What makes our Support & Resistance Indicator different?
1.3 Overlap Resistance / Overlap Support An overlap support/resistance can only occur when the price has broken a swing high/low and made a pullback to the pullback support/resistance. Only after the price has bounced off our pullback support/resistance, then it turns into an overlap support/resistance.
Installation Guide , please visit ► https://www.mql5.com/en/blogs/post/733899
Support Resistance Input Parameters ( Indicator Setting ), please visit ► https://www.mql5.com/en/blogs/post/734181
How to trade with Support and Resistance Screener ?, please visit ► https://www.mql5.com/en/blogs/post/733930
Frequently asked Questions, please visit ► https://www.mql5.com/en/blogs/post/733957
The free version has limited features. PRO version Link : https://www.mql5.com/en/market/product/53640
|Free version||Pro version|
|Display SHORT TERM Support levels||Available|
|Display SHORT TERM Resistance levels||Available|
|Display MEDIUM TERM Support levels||Available||Available|
|Display MEDIUM TERM Resistance levels||Available||Available|
|Display LONG TERM Support levels||Available|
|Display LONG TERM Resistance levels||Available|
|Notification to: mobile, email||Available|
|Display Only Strong level||Available|
|Swing Count Bars feature||Available|
|Bars Break feature||Available|
If you have some questions or if you need help :
1. Contact me via Private Message.
2. Email me: firstname.lastname@example.org
3. Via telegram chat: https://t.me/trading_screener
SAYADI ACHREF , fintech software engineer and founder MT4screener/MT5screener.
Indicator shows Support and Resistance Levels. In stock market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level . Support and resistance are key concepts that help traders understand, analyze and act on chart patterns in the financial markets.
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