Support and Resistance Levels on AZZD and EF

5

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)
  • 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


Reviews 4
elite luis
3481
elite luis 2023.03.23 20:15 
 

Good Author and useful tools, 5 stars!

Natasha Diedericks
4552
Natasha Diedericks 2020.06.14 12:22 
 

Thanks

pnutfx503
1529
pnutfx503 2017.12.07 12:08 
 

ok

Pick your own settings and this is a great way to see trends

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Sergey Efimenko
4.8 (10)
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
FREE
CPM Extended MT5
Sergey Efimenko
4.5 (4)
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
FREE
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
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
This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as
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
The indicator allows you to determine the current price direction and market volatility. This version of the Traders Dynamic Index  (TDI) has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages. Parameters: Mode Osc - estimation oscillator selection; Period Osc - the calculation p
This is an extended version of Keltner channel. You can use 21 types of Moving Average and 11 methods of calculating the indicator's center line. Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Average
The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5357 ) 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
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 - ch
This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as
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
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elite luis
3481
elite luis 2023.03.23 20:15 
 

Good Author and useful tools, 5 stars!

Natasha Diedericks
4552
Natasha Diedericks 2020.06.14 12:22 
 

Thanks

RUS2668 Иванов
654
RUS2668 Иванов 2019.04.02 19:48 
 

User didn't leave any comment to the rating

pnutfx503
1529
pnutfx503 2017.12.07 12:08 
 

ok

Pick your own settings and this is a great way to see trends

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