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PR Support And Resistance for MT5

4.5

Pr 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.


BLACK FRIDAY OFFER : All our Premium indicators are available for only 50$ and lifetime . By accessing to our MQL5 Blog, you will find all our free and premium indicators : Click Here


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 PR Support and Resistance Indicator

  1. Working with all pairs ( Forex, Crypto, Indices, and commodities )
  2. Working with all timeframes. ( Recommended time frame : H1 and H4 timeframes )
  3. Alert generator. ( Pop-up alert, Push Notification Alerts...etc )
  4. 100% Free Indicator


Our Market Structure Systems 

Market structure by definition is the simplest form of price movement in the market and is being to read it. It is basic support and resistance levels on the charts. These are levels, which are easily identified and hold until they don’t.

Our Market Structure System is composed from 2 main Indicators and every indicator has it's own Strategy :  

Indicator 1 Strategy : PR Support & Resistance Indicator 2 Strategy : HV Support & Resistance Screener
Pr Support & Resistance Indicator identify important levels based on Swing Highs and Swing Lows. HV Support & Resistance Screener Indicator identify important levels based on Harmonic Patterns and Ticks Volumes. 

All the details of HV support and Resistance Screener Indicator are available in MQL5 Blog, Click Here.


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.

Reviews 29
Carel Oschman
136
Carel Oschman 2021.11.22 11:07 
 

Best Indicator Used so far

Viotto
14
Viotto 2021.11.11 13:44 
 

Estou gostando, sou iniciante, e esta ajudando muito a identificar melhor os topos e fundos.

Žydrūnas Suraučius
57
Žydrūnas Suraučius 2021.11.11 07:08 
 

good

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A custom MT5 ( Metatrader 5 ) indicator that analyzes the trend and volatility analyzer indicator.  In addition, It identifies the beginning and the end of the trend that works for most currency pairs and timeframes. The Trend Monitor indicator is using an optimized formula based on moving average angle. BLACK FRIDAY OFFER : All our Premium indicators are available for only 50$ and lifetime. By accessing to our MQL5 Blog, you will find all our free and premium indicators   : Click Here Key F
FREE
PR 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. BLACK FRIDAY OFFER : All our Premium indicators are available for only 50$ and lifetime .By accessing to our MQL5 Blog, you will find all our free and p
FREE
Support And Resistance, technical indicator for mt5 that identifies the Strong support and resistance Zones based on Harmonic Patterns and market volume for Forex Market. By accessing to our MQL5 Blog,  you can download the Demo Version of the indicator. Try it before you buy ,without the Metatrader Tester restrictions.  :   Click Here Key Features Dynamic Support and Resistance Zones Automatic support and resistance Zones. Non repaint support and resistance Zones. Key Level Zones Bank leve
50 USD
Trend Screener Pro MT5
STE S.S.COMPANY
4.86 (7)
Trend Indicator, Breakthrough Solution For Trend Trading And Filtering With All Important trend Tool Features Built Inside One Tool!    Our indicator has been developed by traders after 6 years of experience in trading and via only one chart the trader will monitor all markets trends  ( Forex, Indices, commodities, crypto...etc). It will generate forex Signals ( Strong Trend signals, Trend Reversal Signals ).  Daily Signal Performance and Trend analysis via Trend Line Map Indicator & Trend Scree
50 USD
Trend Screener
STE S.S.COMPANY
4.7 (46)
Trend Indicator, Breakthrough Solution For Trend Trading And Filtering With All Important trend Tool Features Built Inside One Tool!    Our indicator has been developed by traders after 6 years of experience in trading and via only one chart the trader will monitor all markets trends  ( Forex, Indices, commodities, crypto...etc). It will generate Forex Signals ( Strong Trend signals, Trend Reversal Signals ).  Daily Signal Performance and Trend analysis via Trend Line Map Indicator & Trend Scree
50 USD
Trend Line Map Pro
STE S.S.COMPANY
4.64 (11)
Trend Line Map indicator is an addons for Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator, the Trend Line Map Pro will not work. Daily Signal Performance and Trend review via Trend Line Map Indicator & Trend Screener Indicator,   Click Here By accessing to our MQL5 Blog,  you can download the Demo   Version of Tre
50 USD
Trend Monitor for MT4
STE S.S.COMPANY
4.66 (35)
Trend Monitor is a custom MT4 ( Metatrader 4 ) indicator that analyzes the trend and volatility analyzer indicator.  In addition, It identifies the beginning and the end of the trend that works for most currency pairs and timeframes. The Trend Monitor indicator is using an optimized formula based on moving average angle to calculate the trend volatiltiy. BLACK FRIDAY OFFER : All our Premium indicators are available for only 50$ and lifetime . By accessing to our MQL5 Blog, you will find all ou
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. By accessing to our MQL5 Blog,  you can download the Demo   Version of the indicator. Try it before you buy ,without the Metatrader Tester restri
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. By accessing to our MQL5 Blog,  you can download the Demo Version of the indicator. T ry it before you buy ,without the Metatrader Tester restricti
50 USD
Trend Line Map Pro MT5
STE S.S.COMPANY
5 (1)
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.  Daily Signal Performance and Trend review via Trend Line Map Indicator & Trend Screener Indicator,   Click Here By accessing to our MQL5 Blog,  you can download the Demo Version of
50 USD
Filter:
Carel Oschman
136
Carel Oschman 2021.11.22 11:07 
 

Best Indicator Used so far

Viotto
14
Viotto 2021.11.11 13:44 
 

Estou gostando, sou iniciante, e esta ajudando muito a identificar melhor os topos e fundos.

Žydrūnas Suraučius
57
Žydrūnas Suraučius 2021.11.11 07:08 
 

good

charonthesailor
25
charonthesailor 2021.11.07 05:00 
 

It was a quite long time to find a indicator with sending messages, thanks for the indicator.

25170142
84
25170142 2021.11.05 09:18 
 

Good indicator, Always the right resistance and support in your chart.

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.11.05 10:17
Thank you for taking time to write your review sir.
Jesús González
31
Jesús González 2021.10.25 19:18 
 

Very usefull, good job.

Александр Завирюха
48
 

Хороший индикатор

Afixgod
21
Afixgod 2021.10.07 21:16 
 

good job

Ruhail Ashraf Khan
474
Ruhail Ashraf Khan 2021.10.07 17:37 
 

plz add figures on levels. regards

YoungCino17
18
YoungCino17 2021.09.30 00:25 
 

Nice tool to have as a co-influence

Mosleur Rahaman Riad
287
Mosleur Rahaman Riad 2021.09.04 11:52 
 

Thanks for getting this done. I appreciate you getting this to us so quickly so I have time to review it. Thanks for your help today.

Pak Hong Poon
1848
Pak Hong Poon 2021.08.30 20:51 
 

good thank you

ontspan2019
10
ontspan2019 2021.08.06 12:47 
 

Great indicator❤️

Heitor Leal Farnese
229
Heitor Leal Farnese 2021.07.25 20:31 
 

I like it. Thank you.

Fransmbidhi
21
Fransmbidhi 2021.07.23 15:04 
 

Though am just started using this indicators, it really shows that it is a recommendable tools. I will continue assessing it, in order to see how effective it is.

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.07.24 16:56
Thank you for taking the time to write your review sir.
Pramono11
14
Pramono11 2021.07.05 18:26 
 

Thaks

2reglem dimi
81
2reglem dimi 2021.06.30 00:06 
 

Thanks

Saman Jayalath
18
Saman Jayalath 2021.06.21 18:52 
 

Not showing my chart...

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.06.29 18:09
Hi sir. Thank you for your review. You need to download Historical data of H1, H4 and daily timeframe in order that the indicator will display all the levels properly sir.
jasminsanghvi
14
jasminsanghvi 2021.06.20 08:27 
 

not add in chart

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.06.21 23:05
This is a price action support and resistance sir. Sometime you will not find support and resistance and other times, you can find many support and resistance. This is how it's working. Recommended timeframe : H1
Marinero
156
Marinero 2021.06.19 13:21 
 

Quite OK. The only minus is: the levels disapearing after crosing them.. Some strong levels would be nice to have on the screen at least for month or....

ALEX CHRISTOPHER SOTO
121
ALEX CHRISTOPHER SOTO 2021.06.11 04:13 
 

For the little that was available in the demo I think it was not only an efficient indicator but is definitely worth every penny

Aldo Luis Monzani
30
Aldo Luis Monzani 2021.06.05 15:24 
 

Isn't what I expected

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.06.05 16:04
Hi sir. Thank you for taking time to write your review. You can try the Pro version of the indicator, it has more features. You may find what you expect on it.
Evgeny Belyaev
307522
Evgeny Belyaev 2021.05.29 21:40 
 

A great indicator for finding support and resistance.

Karrar Abdlmunem Abdlrahman Albuakaab
120
 

thanks

gilbho
34
gilbho 2021.04.22 16:58 
 

Support and resistance. however the accuracy of info is greatly appreciated !!

Marcel Bühler
1095
Marcel Bühler 2021.03.11 19:30 
 

Maybe I am to blessed with another support - resistance indicator on FXCM with more levels for different timeframes but some indication is better than non.

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.03.15 15:43
Thank you for your review sir. This is a Free version of the indicator sir. You can use the Pro version to get Short terms and Long terms support and resistance. The Free version has only Medium Terms support and resistances.
zorndaike
19
zorndaike 2021.03.09 14:06 
 

the best SnR indi

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.03.15 15:43
Thank you sir.
Aleksandr Tamonin
4056
Aleksandr Tamonin 2021.01.23 21:25 
 

Отличный индикатор! Автору большое спасибо!

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.03.15 15:43
Thank you sir.
Truta Petru Lucian
125
Truta Petru Lucian 2020.10.15 15:55 
 

great indicator

STE S.S.COMPANY
202027
Reply from developer Sayadi Achraf 2021.03.15 15:44
Thank you sir.
Reply to review
Version 10.0 2021.10.07
1. Fixing alert issues.
Version 9.11 2021.07.01
1. Fixing Name issue.
Version 9.10 2021.07.01
1. Adding Swing High and Swing Low algorithm.
Version 9.0 2021.06.29
1. Optimizing indicator speed.
Version 8.30 2021.06.19
1. Optimizing the algo to work based on the new Market rules.
Version 8.20 2021.06.13
1. Optimizing the algorithm to meet the new Market Rules.
Version 8.10 2021.05.09
1. Increase indicator speed.
Version 8.0 2021.04.27
1. Optimizing algorithm of S/R levels.