Market / MetaTrader 5 / Indicators /

Support and Resistance Levels on AZZD and EF MT5

30 USD

Demo downloaded: 1 347

Published: 27 January 2015

Current version: 1.3

Support and Resistance Levels on AZZD and EF MT5

Indicators
Sergey Efimenko
Version: 1.3
Updated: 19 August 2021
Activations: 10

This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening.

Parameters:

ForcedTF - chart timeframe for level calculation (may be equal to the current one or exceed it)
MaxBarsLimit - limitation on the amount of bars used for calculation (to accelerate the indicator and reduce the load on CPU)
MinPipsLevelWidth - minimum level width in points (used for very tight levels)
Use ZigZag Extremums points - enable/disable using ZigZag peaks to calculate support/resistance levels
Fixed pips range - distance between the minimum and the maximum for calculating ZigZag indicator
UseDynamicRange - enable/disable dynamic calculation of the distance between the minimum and the maximum for ZigZag indicator
Dynamic volatility period - volatility period for calculating the dynamic distance between the minimum and the maximum for ZigZag indicator
Dynamic volatility coefficient - volatility multiplier for calculating the dynamic distance between the minimum and the maximum for ZigZag indicator
Use Fractals points - enable/disable using Fractals to calculate support/resistance levels
Left fractal bars count - number of bars from one side for searching Fractals (excluding the central one)
UseNarrowBands - enable/disable "wider" levels (calculation is performed by max and min price values of bar opening/closing)
KillRetouch - enable/disable creating a new level if it is formed inside the existing one
TopColor - resistance level color
BotColor - support level color
ShowLevelsPriceLabels - enable/disable level price labels
PriceLabelWidth - size of a level price label
TouchAlert - enable/disable alert when level is touched
BreakAlert - enable/disable alert at level breakdown
BreakOnClose - consider a breakout only after the bar closes behind the level (false - the current bar's price enters the level)
EnableAlertMesage - enable/disable text message
EnableAlertNotification - enable/disable notification
EnableAlertMail - enable/disable e-mail messages
EnableAlertSound - enable/disable sound alert
AlertSoundFileName - sound alert file name

more...

3037

elite luis 2023.03.23 20:15 #

Good Author and useful tools, 5 stars!

Sunshineextra 2020.01.08 14:27 #

This product is awesome. Real value for money. Thanks Sergey for making the price affordable.

202

Oluwaseyi Olakojo 2019.06.04 13:08 #

Great indicator

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30 USD

FREE

The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter

50 USD

The difference from the standard ZigZag indicator is the following: instead of calculating new extremum points based on the number of bars, it uses the distance between the high and the low to calculate the extremum points. In addition, this distance is calculated dynamically on default and depends on price fluctuations for a selected period and the multiplier. The distance can be set as a fixed number. In addition, it displays the reversal line, reaching which the previous extreme point is fix

35 USD

The indicator is an extended version of the standard Ichimoku Kinko Hyo indicator. This indicator combines several approaches to market analysis and is used to determine the trend, support and resistance lines, as well as buy or sell signals. For all lines added the ability to smooth values (26 types). In addition, the ability to select the calculation prices used in the algorithm (16 options) has been added, which allows you to calculate the indicator values, for example, at Heiken Ashi prices.

30 USD

Indicator based on the Kaufman Adaptive Moving Average (AMA, KAMA, AMKA), with a wide range of customizable parameters for determining the trend with support and resistance levels. The levels are displayed depending on the direction of the trend: if the trend is upward, then the support level is displayed, if downward - resistance. After the bar is closed, the values are not repaint. It can be used on any timeframe, having previously selected convenient settings for yourself. Parameters: Calcula

30 USD

The indicator calculates the wave lines of support and resistance (supply and demand). The calculation is based on a modified algorithm with a minimum delay. Line values are not redrawn, except for the forecast line of the current direction, which is calculated dynamically. The indicator uses two levels of trend line significance - "major" and "minor". There are two modes for calculating the price noise smoothing filter: static and dynamic. In dynamic mode, it is possible to set the minimum filt

30 USD

I offer you Commodity Channel Index (CCI) indicator (oscillator) with additional filtration by means of the Adaptive Moving Average (АМА). This technical indicator determines the strength or weakness of Bullish and Bearish trends. Its principle is based on the analysis of the current change in the deviation of the price from its average value for a given period with the filtering of the obtained values using the Kaufman algorithm, built on the basis of an exponentially smoothed moving average an

30 USD

Extended version of the indicator Average Directional Movement Index (ADX) . The calculation period and the method of smoothing the lines of the direction of movement DI + and DI- are taken out in separate parameters. When the DI + and DI- lines intersect, turnable arrows appear, which can be filtered by the minimum and maximum indicator values at the intersection. Available smoothing types : Simple Moving Average, Exponential Moving Average, Smoothed Moving Average, Linear Weighted Moving Av

30 USD

The indicator expands the capabilities of standard fractals, allows you to find, display and use them, calculating for any odd length, that is, 3 (DeMark points), 5, 7, 9 and so on bars. Fractals can be calculated not only by bar prices, but also by the values of moving averages of a given period. All types of alerts are implemented in the indicators separately for upper and lower fractals. To set the number of used bars, the Left fractal bars count variable is set in the settings (the default

30 USD

Extended version of the "Keltner Channel" indicator. This is an analytical tool that allows you to determine the ratio of the price position relative to its volatility. You can use 26 types of moving average and 11 price options to calculate the middle line of the indicator. Configurable alerts will notify you when the price touches the upper or lower border of the channel. Available average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weig

30 USD

The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5356 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows

50 USD

An extended version of the well-known Moving Average Convergence / Divergence (MACD) indicator, distributed in 4 colors: growth, fall above and below 0. 26 options for smoothing moving averages, 11 types of prices. Disabled Alerts on color change with selectable alert mode: only when crossing a zero value or at any color change (rising / falling change and 0 crossing). Smoothing options: Simple, Exponential, Wilder Exponential, Linear Weighted, Sine Weighted, Triangular, Least Square, Smoothed,

30 USD

The indicator is an extended version of the Alan Hull Moving Average. You can define the price and smoothing mode for each of the inner moving averages, including the resulting one. The parameters also feature a moving average "half-period" for a broader selection of values. Besides, it is possible to shift the line left/right and up/down along the chart in points and/or percentage. Growth/fall of a moving average are highlighted in different colors. Parameters: MainPeriod - main inner moving av

30 USD

The indicator analyzes the price using Heiken Ashi candle generation principles. However, the moving averages (rather than OHLC prices) are used as input data. Besides, the result is additionally smoothed by averaging. 26 types of moving averages can be used for input data and result: Simple Moving Average, Exponential Moving Average, Smoothed Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regr

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elite luis 2023.03.23 20:15 #

Good Author and useful tools, 5 stars!

Sunshineextra 2020.01.08 14:27 #

This product is awesome. Real value for money. Thanks Sergey for making the price affordable.

202

Oluwaseyi Olakojo 2019.06.04 13:08 #

Great indicator

265

tito.vinicius 2018.06.20 20:30 #

User didn't leave any comment to the rating

Version 1.3 2021.08.19

Added the ability to set the level height in points or by the ATR value. Added the hide/show levels button.

Version 1.2 2020.07.13

Recompiled in the new version of the terminal.

Version 1.1 2019.11.11

Added alerts about breaking and touching the levels