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  • Reviews (1)
  • Comments (11)
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Adaptive Support and Resistance

5

Become a better trader by knowing areas where price tends to react at to set up safe entries and exits.

ATTENTION: Panel will not work in the strategy tester. For a fully functional demo that you can apply to a live chart or a version you can test in the strategy tester, please visit this link to access demo page. If panel is not displaying correctly, visit here on how to fix scaling issues with MetaTrader.

ASR’s unique multifactor calculation will provide you with the most essential levels where price tends to bounce off significantly. The Indicator examines the historical price action for the applied timeframe and filters the swing highs/lows to locate the key areas where these reversals tend to happen.

ASR is must have tool with its incredible accuracy and user-friendly design

Note: From now on, a selection of settings (directives) for the production of Support and Resistance levels provided to the indicator will be referred to as an “Indicator Instance”.

The indicator essentially becomes a manager of these instances as it allows users to simultaneously maintain several “instances” even from different timeframes.

ASR will produce 4 classes of levels (or zones):

  1. Weaker
  2. Weak
  3. Strong
  4. Stronger

These classes represent the importance/weight of each level according to the number of times price has reacted at these points.

With its intuitive interface ASR allows quick access to:

Alert Settings:

Decide where to receive alerts between:

  • Popup alerts
  • Mobile phone notifications - if you have linked your mobile mt4 with your account
  • Email alerts

Decide which levels of importance can access the alerts system:

  • Off (no level)
  • All (all levels)
  • Weak+ (weak and above)
  • Strong+ (strong and above)
  • Stronger Only

Indicator Instances Settings (per instance):

  • Show or hide any calculated indicator instance as you need
  • Toggle between showing boxes or not and
  • Toggle between showing lines across the screen or not
  • Adjust deeper level settings
  • And easily remove any instance when it is no longer needed

ASR also has a built-in template system which allows users to easily switch between different combinations of instances setups. You don’t need to setup your ASR instances all over again when applied to new chart. Just click Load, choose one of your templates, and it will load just like that. You can also import templates from different assets.

As you collect templates you will need a way to tell them apart besides their name, so we have fitted a mini grading and bookmarking system into your templates collection list to assist. You are also able to rank templates by moving them up or down on the list, rename, or delete them as needed.

What if you want to evaluate ASR within the context of another strategy? How can you do that if it only shows the most recent levels? That’s why we built Past Mode.

And we made it 2 clicks easy.

Click on the “Past” button.

Then place the moving vertical line on the time you want to inspect.
You are now seeing what the ASR would be showing you if it were applied at that time, and you can evaluate your strategy.

Essential Instance/Indicator Parameters:

  • TimeFrame: The timeframe that the indicator will look at for the instance calculation
  • Sensitivity: Choose Low, Medium, or High. Indicates what kind of swing points the indicator will look at for identifying SR Zones
  • LookBackBars: How many bars to look back for selected timeframe to detect swing points for calculation.
  • DisplayBars: The number of bars back to display zones. This will show what the zones looked like “X” DisplayBars back
  • Alerts: Choose what zone strengths you want alerts on and what kind of alerts
  • Price Boxes: Draw Price boxes around an SR zone. You can set how the width of the box and this Box will be used for Alerts when price enters the region you have drawn
  • SR Across: Choose to draw instance zones across the chart or only on current period
  • Zones’ Appearance Customization: Edit colors, line widths, and line styles for each individual zone’s strength. Can also edit labels and price tags

For a detailed user manual explaining settings, tips, and recommendations please visit this page.

If you have any questions, please reach out to me I would be more than happy to help.

Best Regards, Alexander


Reviews 1
Ahmad Walid
475
Ahmad Walid 2021.01.28 06:46 
 

This is by far the best Support and Resistance indicator you can find anywhere! The developer is also a really good person, he listens to customers feedback and suggestions, so thank you and keep up the good work!

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All signals. Smart trading system. Popular indicators give two signals - BUY and SELL, and you have to choose and put Take Profit. Usually it works quickly and the trend goes in your favor, but the indicator is “silent” until the trend change. The first idea of MaxiFinish : give a third signal - GET PROFIT (CLOSE) when the trend line changes the slope or the M15 and M30 stochastics have reached an extremum and the profit began to decline. If, on a signal, you have closed an order, the indicat
125 USD
(FOR MT4)   Divergence Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is already loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI. IMPORTANT FACTORS TO KEEP IN MIND: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widel
79 USD
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
168 USD
Trend Compound
Remi Passanello
5 (1)
Trend Compound is a trend indicator using a mix of 3 internal other indicators. Please have a look at "how to test in the tester" at the bottom of this page before to test. It's designed to be used by anyone, even the complete newbie in trading can use it. Trend Compound does not repaint . Indications are given from close to close. Trend Compound can be used alone , no other indicators are required. Trend Compound indicates Where to open your trades. When to close them. The potential quantity
250 USD
Trend Hunter
Andrey Tatarinov
4.73 (22)
Trend Hunter is a trend following Forex indicator. The indicator follows the trend steadily without changing the signal in case of inconsiderable trend line breakouts. The indicator never redraws. An entry signal appears after a bar is closed. Trend Hunter is a fair indicator. Hover your mouse over the indicator signal to display the potential profit of the signal. For trading with a short StopLoss , additional indicator signals are provided when moving along the trend. Trend Hunter Scanner help
69.99 USD
Blahtech Market Profile
Blahtech Limited
4.61 (18)
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
124 USD
Swing Continuation
Nesimeye Oswald
3.67 (3)
The swing continuation pattern happens in a trend direction after a short reversal / pull back . As the name suggests , these patterns occurs along the swing high and swing lows of a trend , this makes the patterns very low risk patterns with potential high rewards . The swing continuation indicator also combines Currency Meter as a filter for its execution. The idea is to go with both the price trend flow and currency trend flow. Which means the price action must be supported by the currency st
79 USD
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This is a demo of the original ASR Indicator and will only work with AUDUSD. For full access  purchase the indicator here. If panel is not displaying correctly,  visit here on instructions  to fix scaling issues with MT4. If you wish to run in the tester for a visual of how indicator paints lines over time,  download this file  and place in indicators folder for testing. Input parameters will match instance settings. Become a better trader by knowing areas where price tends to react at to set u
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Digit Repeat SR
Alexander Honegger
It is thought that repeating numbers in nature have a divine and magical presence. These patterns and synchronicities that appear in our lives can represent significance, so if you see a repeating sequence make a note of it! In Trading, the repetition of numbers can be found in price . It's no coincidence that around these levels that contain the repetition of numbers that price reacts significantly around. This indicator allows you to plot areas that contain repetitions and edit how many repeti
FREE
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Ahmad Walid
475
Ahmad Walid 2021.01.28 06:46 
 

This is by far the best Support and Resistance indicator you can find anywhere! The developer is also a really good person, he listens to customers feedback and suggestions, so thank you and keep up the good work!

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Version 2.7 2021.02.11
-Fixed minor bugs in zone calculations
Version 2.6 2021.02.10
-You can now save entire panel into a chart template. Even if there is not a template preloaded, indicator will save instances and panel state when applied to another chart
Version 2.5 2021.02.05
-Fixed issues with chart templates not loading correctly.
-Set labels to always be produced on current candle. Using X label offset will now be off of current bars instead of higher timeframe bars
Version 2.4 2021.02.04
-Fixed minor bug in display
Version 2.3 2021.02.04
-Removed the input parameter "PreLoadTemplate". Now, if you have a template loaded through panel and you save a chart template, indicator will load automatically the panel template you saved with the chart template on any chart.
Version 2.2 2021.02.03
-Fixed label offset not saving in settings when saving templates
-Fixed indicator removing other object on chart
-Included input string parameter in hard settings of indicator to automatically load a saved instances template (in case you save chart template)
Version 2.1 2021.02.02
-Edited default values
Version 2.0 2021.02.02
-Added the ability to filter out what swing points indicator looks at instead of only on option
-You can now offset labels if they overlap with another SR Zone
-Minimized panel is small and Included visibility button and historical button for quick toggles without panel being fully open
-You can now edit panel colors if you wish
Version 1.6 2021.01.28
-Fixed indicator not loading properly when attached to a chart and restarting the terminal
Version 1.5 2021.01.28
-Fixed issues with panel resetting location and resetting if it was minimized or not upon changing timeframes.
Version 1.4 2021.01.27
- Fixed minor issues with keeping instance of lower timeframe on higher timeframe chart.
Version 1.3 2021.01.27
- Instead of removing instance that has a lower timeframe than current chart period, instance will stay on panel but will not load data for that instance.
Version 1.2 2021.01.14
New version restricts the usage of strategy tester to prevent MT4 crash when attempting to use the panel.
Version 1.1 2021.01.11
Fixed minor issues with the panel.