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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?



1.1 Swing highs / Swing Lows These are levels where the price just reacts and bounces off multiple times. The more times the price reacts off these levels, the stronger they are. 

2.2 Pullback Resistance / Pullback Support Pullbacks occur when a swing high/low has been broken – then the price makes a “pullback” to the level. In the picture below, you can see that once our swing high resistance is broken, it turns into an “overlap support”.

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
Pop-up Alert    Available 
Notification to: mobile, email    Available 
Display Only Strong level   Available 
Swing Count Bars feature    Available 
Bars Break feature    Available 
Colors Adjusting    Available



If you have some questions or if you need help :

1. Contact me via Private Message.

2. Email me:  sayadigroup@gmail.com 

3.  Via telegram chat:      https://t.me/trading_screener



Author

SAYADI ACHREF ,  fintech software engineer and founder MT4screener/MT5screener. 


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