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Support and Resistance Levels Finder MT5

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Published: 3 March 2022

Current version: 1.40

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Overview
Reviews (67)
Comments (40)
What's new

Support and Resistance Levels Finder MT5

4.26

Indicators
Issam Kassas
Version: 1.40
Updated: 28 October 2022

The Support and Resistance Levels Finder:

The Support and Resistance Levels Finder is an advanced tool designed to enhance technical analysis in trading. Featuring dynamic support and resistance levels, it adapts in real-time as new key points unfold on the chart, providing a dynamic and responsive analysis. Its unique multi-timeframe capability allows users to display support and resistance levels from different timeframes on any desired timeframe, offering a nuanced perspective, such as showing daily levels on a five-minute chart. Utilizing a smart algorithm that incorporates historical data sets it apart from other S&R indicators, ensuring a comprehensive analysis. The tool employs multi-parameter calculations when detecting levels, contributing to its accuracy. Users can customize the colors of support and resistance levels individually, creating a personalized visual experience. The tool also includes alert features to notify traders when the price is approaching crucial levels, enhancing timely decision-making. With convenient functionalities like a hide and show button, as well as a hotkey for quick toggling of levels' visibility, the Support and Resistance Levels Finder provides a versatile and user-friendly solution for traders seeking precision and flexibility in their technical analysis.

Features:

Dynamic Support and Resistance Level: Adjust as new important key points unfold on the chart.
Multi timeframes Support and Resistance Levels: ability to display any timeframes levels on any other timeframe. Example daily levels on M5.
Use smart algorithm that include historical data unlike other S&R Indicators.
Use multi-parameters calculation when detecting levels.
Accurate Support and Resistance Levels.
Custom colors for Support and Resistance levels each individually.
Alert when the price is near important levels.
Comes with hide and show button.
Comes with hotkey to hide and show levels.

more...

donpakundo19 2025.03.29 03:20 #

I always use this indicator now.

Jupp007 2025.03.05 03:26 #

This indicator is almost perfect. It's working flawlessly and accurate. Just for the idea to make this indicator invisible by keypress deserves already a Nobel price for coding! Personally I do prefer a clean screen with as little as possible visible disturbances and this one is serving me 100%. The one thing I would like to see being different is that it is not drawing itself into the screen background and therefor interfering with mt order panel, rendering buttons dead when crossed by one of them lines. Anyway this a really sophisticated piece of code. Thanks to the coder for sharing it for free!

AminaHossam 2025.01.15 02:48 #

very good

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Get FREE Advanced Online Course and Learn About Our Advanced Trading System, Link in the Bio! Click Here. Our Mission and Vision: Why Am I Even Here? Here is The Deal Brother, We Offer:Premium Quality Indicators: The Highest Quality Possible Algorithms. Unlimited Activations: Can be used on Unlimited number of Computers, MT4s and MT5s for lifetime. Inexpensive Prices: 30$ is the lowest price possible, Knowing that more than 50% of our Indicators are 100% FREE. But Why Am I telling You th

30 USD

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The "Currency Strength Meter Strategy" Indicator is a cutting-edge technical analysis tool that offers traders a unique perspective on the forex market. By analyzing the relative strength of different currencies, this indicator provides valuable insights into the market's dynamics, allowing traders to make informed decisions. Understanding Curren

30 USD

Description: The "ABC Pattern Strategy With Fibonacci" Indicator is a sophisticated technical analysis tool meticulously designed to recognize and leverage the power of the ABC chart patterns in combination with Fibonacci levels. This cutting-edge strategy empowers traders to make well-informed decisions in the dynamic forex market. By making spotting ABC patterns on price charts an easy task, the indicator offers insights into potential trend reversals or continuations. It seamlessly incorpora

30 USD

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The "Moving Average Lines Crossover with Alert" is a valuable technical analysis tool designed to help traders identify potential trend reversals and trading opportunities. Seamlessly integrated into your trading platform, this indicator empowers you with essential data to make well-informed trading decisions. Spot Trend Reversals: Utilize the pow

FREE

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The Stochastic Cross Alert Indicator is a valuable technical analysis tool that helps traders with better signals for identifying potential trend reversals and momentum shifts. Designed to work seamlessly on various financial instruments, this indicator provides real-time alerts and customizable parameters, making it a versatile addition to your

30 USD

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The "VWAP Indicator Strategy" is a cutting-edge technical analysis tool designed to provide traders with a competitive advantage in the financial markets. By incorporating the Volume Weighted Average Price (VWAP) indicator, this tool offers valuable insights into market trends, price levels, and potential turning points. Understanding the VWAP Ind

30 USD

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The "Divergence Strategy Indicator" is an advanced technical analysis tool designed to identify potential trend reversals and trend continuation opportunities in the market. It leverages the concept of divergence, a powerful phenomenon that occurs when price action diverges from an oscillator, indicating underlying shifts in market sentiment. Spot

30 USD

Description: The CCI Arrow Indicator is a powerful trading tool designed to offer clear buy and sell signals based on the Commodity Channel Index (CCI). Buffer 0 signifies the buy signal, while Buffer 1 represents the sell signal, providing a straightforward visual representation of market conditions. Users can easily install and apply the indicator to their MetaTrader platform, where arrows indicate potential entry and exit points, aiding in informed trading decisions. A green arrow (Buffer 0)

30 USD

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The "Show TP and SL Values" Indicator is a valuable technical analysis tool designed to enhance your trading experience by displaying the (TP) and (SL) levels directly on your chart. This simple yet effective tool provides traders with crucial information, allowing for better decision-making and risk management. Key Features: TP and SL Display:

FREE

Get FREE Advanced Online Course and Learn About Our Advanced Trading System, Link in the Bio! Click Here. Our Mission and Vision: Why Am I Even Here?Here is The Deal Brother, We Offer: Premium Quality Indicators: The Highest Quality Possible Algorithms. Unlimited Activations: Can be used on Unlimited number of Computers, MT4s and MT5s for lifetime. Inexpensive Prices: 30$ is the lowest price possible, Knowing that more than 50% of our Indicators are 100% FREE. But Why Am I telling You this?

FREE

A Simple Visual Indication of the Trading Sessions Times. This Indicator will help you Visualize the Trading sessions and take advantage of the session precise timing to trade at the open of each session where there might be more liquidity. This Indicator is FREE, So pls Dont forget to leave a 5 * stars Review, This Will help me create new Ideas and Indicators and Upload them to the Market. More Professional and useful Indicators and tools here: https://www.mql5.com/en/users/dubaiforexgroup/sel

FREE

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The Moving Average 5EMA Indicator is a valuable tool designed to provide comprehensive insights into market trends and potential entry and exit points. It incorporates five exponential moving average (EMA) lines, each representing the average price over different periods. This powerful combination offers a deeper understanding of price movements a

FREE

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The "Live Account Statistics" Indicator is a powerful technical analysis tool that provides real-time insights into the performance of your trading account. With this indispensable tool, you can access crucial account statistics, such as balance, equity, drawdown, and more, allowing you to make data-driven trading decisions. Key Features: Real-Ti

FREE

Description: For a comprehensive understanding of our indicators, we invite you to explore the entire Q&A section within this MQL5 blog post here . The "High Spread Alert" Indicator is a valuable tool for traders, providing real-time information about spread fluctuations in the forex market. As a technical analysis tool, it helps traders make informed decisions by alerting them to periods of high spread, which can impact trading conditions and execution. Key Features: Spread Monitoring: The

FREE

Description: The "Trend Finder Multi Time Frames multi pairs" indicator is a new technical analysis tool designed to assist traders in identifying and confirming trends across multiple timeframes and multiple pairs at the same time. By combining the strengths of various timeframes, this indicator offers a comprehensive view of the market's direction, helping traders make more informed decisions. Features: Multi-Timeframe Analysis: The indicator analyzes trends on different timeframes (e.g., M1

30 USD

FREE

Filter:

2573

Benjamin Afedzie 2025.06.10 14:17 #

User didn't leave any comment to the rating

lev53 2025.06.10 07:54 #

Не понятно как определяет уровни.

catchdwind 2025.06.09 04:25 #

Great S&R Indicator for Free of Charge. What I like most is that you can hide it when you don't need it and when you want to see a cleaner chart for other analysis or tasks.

1445

MonetFx 2025.06.07 05:36 #

User didn't leave any comment to the rating

219

Ruben Alday 2025.06.06 12:09 #

Muy bueno gracias

324

P.ARMz4915 2025.04.20 08:32 #

very good

Rogue 2025.04.18 07:09 #

User didn't leave any comment to the rating

489

Vitaliy Kuchanskiy 2025.04.13 12:52 #

User didn't leave any comment to the rating

[Deleted] 2025.04.11 01:24 #

User didn't leave any comment to the rating

Maumau1207 2025.03.29 21:35 #

Simples demais, não faz nada além do que você mesmo possa ver

donpakundo19 2025.03.29 03:20 #

I always use this indicator now.

condor1111111 2025.03.27 06:30 #

Перерисовывает уровни H1 каждый раз через несколько часов, а уровни D1 перерисовывает через один-два дня.

Payroll28 2025.03.17 10:09 #

This is a very good indicator for support and resistance levels. The displace is clear and useful to help in my trading decisions. But I would like to see further enhancements for example to show day timeframe support and resistance levels on a 4 hour chart or any other timeframe charts.

162

Mamadou Diallo Diallo 2025.03.11 22:33 #

LO HE PROBADO PERO NO ME DIO EL RESULTADO DE MOMENTO QUE DESEO

Jupp007 2025.03.05 03:26 #

50712345 2025.03.04 06:56 #

Very useful and practical . Very good indicator , finally .

1682

James Erasmus 2025.01.22 16:23 #

Uses a lot of cpu, just for sr lines ... please look into this. cpu usage was 1% i added to one chart and cpu jumps to 4% and remains there, both for mt4 and mt5 versions

AminaHossam 2025.01.15 02:48 #

very good

Nazri Ibrahim 2024.12.21 15:27 #

bagus indi ni

highclass 2024.11.02 03:16 #

User didn't leave any comment to the rating

1 2 3 4

Version 1.40 2022.10.28

- Fixed a bug and optimized performance.

Version 1.30 2022.07.04

Major Up Grade:
1- Performance Optimization: Added Scanning agents to help find Accurate levels.
2- Added a click and drag button to hide Or show levels: click and drag the circle above the button to change the location of the button.
3- Added A Hot Key to Hide and Show Levels: If you don't know what is a hot key Its a keyboard symbol that you can choose in the settings (by default its "x" symbol) and when you type "x" it will Hide Or Show the levels.

Version 1.20 2022.05.08

- Performance Optimization.

Version 1.1 2022.03.04

- Added show/hide Levels button.