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Support Resistance Breakout

30 USD

Demo downloaded: 568

Published: 21 May 2015

Current version: 108.19

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Reviews (1)
Comments (6)
What's new

Support Resistance Breakout

4

Indicators
Andy Ismail
Version: 108.19
Updated: 26 August 2019
Activations: 5

This Indicator will draw support and resistance (SR) in chart and give alert whenever there is a Support or Resistance Breakout.

It has a variable to control SR line length (default 100) 500 is recommended.

Support and resistance (SR)

The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade or even the expert traders. As we all know that these terms are used by traders to refer to price levels on charts that tend to act as barriers from preventing the price of an asset from getting pushed in a certain direction.

The Breakout

A price movement through an identified level of support or resistance, which is usually followed by heavy volume and increased volatility. Traders will buy the underlying asset when the price breaks above a level of resistance and sell when it breaks below support.

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367

Vidya-Trading 2017.09.16 23:42 #

Simple and helpful tool for intraday trading. It would be nice if the line strength would be adjustable, I tried in the settings "colour" but no change. Maybe some update?

Pivot Points Indicator Features: Send alerts when a pivot line is hit Displays Daily, Weekly, Monthly Indicators at the same time on the chart Restricting the time during the day when the alerts are sent Adjust the styling settings for the Pivot lines Settings: Show Daily Pivots Show Weekly Pivots Show Monthly Pivots Weekly Pivots Hit Notification Enabled Monthly Pivots Hit Notification Enabled Hit Check Frequency Time Restriction Enabled From Hour To Hour PP Color R1 Color R2 Color R3 Color S1

Indicator FiboZag - transfer the indicator to the chart and the Fibonacci levels will be built automatically on the last ZigZag turn. The main advantage lies in the correct construction of Fibonacci levels and markup of price levels. Simple, visual and effective use. The indicator is not redrawn and does not lag. Works on all currency pairs and on all timeframes.

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MT5 version | FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private

This is a trend indicator without redrawing Developed instead of the binary options strategy (by the color of the Martingale candlestick) Also works well in forex trading When to open trades (binary options) A signal will appear in the place with a candle signaling the current candle It is recommended to open a deal for one candle of the current timeframe M1 and M5 When a blue dot appears, open a deal up When a red dot appears, open a trade down. How to open trades on Forex. When a signal is rec

The indicator automatically calculates and plots Fibonacci support and resistance levels - one of the most effective tools for market analysis. The calculation uses the averaged price data for the selected period and timeframe. The minimum and maximum for this period are taken as the beginning and end of the movement. Fibonacci levels allow you to see potential reference points, around which the price movement can slow down or reverse, that is, they are used to predict further movement, as well

Daily Trend Scalper (DTS) This indicator is part of the RPTrade Pro Solutions systems. DTS is a daily trend indicator using Price Action, Dynamic Support and Resistances. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. Gives you the trend and potential Take Profit at the beginning of the day. How does it work DTS is us

The Trend PA indicator uses Price Action and its own filtering algorithm to determine the trend. This approach helps to accurately determine entry points and the current trend on any timeframe. The indicator uses its own algorithm for analyzing price changes and Price Action. Which gives you the advantage of recognizing, without delay, a new nascent trend with fewer false positives. Trend filtering conditions can be selected in the settings individually for your trading style. The indicator

This is a very complex indicator that calculates resistance and supportlevels. When the calculation is done, it merges levels that are close to eachother. It support different timeframes, simply by changing timeframe. Features: See support and resistance levels Alarm can be set off when price enters a support/resistance zone Different timeframes See screenshots for visual.

By purchasing this indicator, you have the right to receive a free copy of one of my other indicator's or advisor’s! (All future updates are included. No limits) . To get it , please contact me by mql5 message ! The Trend Scanner trend line indicator displays the trend direction and its changes. The indicator works on all currency pairs and timeframes. The indicator simultaneously displays multiple readings on the price chart: the support and resistance lines of the currency pair, the exist

FREE DOWNLOAD Understanding Support & Resistance Support and Resistance are critical levels used by market participants in making decisions. This level is used to determine whether the price will continue or reverse direction. If this Support and Resistance is combined with candlestick forms, it is believed that it will be able to determine the next movement. Economic support can be interpreted as a level where supply begins to decrease and demand increases so that if that happens, prices will

This indicator is another variant of the famous powerful indicator Fibonacci-SS https://www.mql5.com/en/market/product/10136 but has different behaviour in placing Pending Order and TP Line. Automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with: An auto Pending Order (Buy/Sell). Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity. The best risk and reward ratio. Simple and powerful indica

Created by imjesstwoone and mickey1984, this trade model attempts to capture the expansion from the 10:00-14:00 EST 4h candle using just 3 simple steps. All of the information presented in this description has been outlined by its creators, all I did was translate it to MQL4. All core settings of the trade model may be edited so that users can test several variations, however this description will cover its default, intended behavior using NQ 5m as an example. Step 1 is to identify our Price Ra

Trend Flasher Trend is your friend is the age old saying quote in trading arena, there are though many ways to gauge the trend and its direction, more scientific measure and logically meaningful will be an ATR break outs to identify and spot the trend and its acceleration, so we created this easy to use trend identification panel and optimized super trend based multi time frame panel entry system to aid and help the traders to make their trading decision. Unique Features of Trend Flasher 1

If you are good at trading at levels This indicator is all you need levels to manage your trades Market is usually follow current trend when break out some levels or reverse Trade at the Institutional traders level with the best supply and demand zone indicator available in MT4 and MT5 The Secret Profit Levels Signals indicator for MT4 is a complete trading system that provides traders with the entry price and 2 take profit levels. Technical analysts use support and resistance levels to iden

Indicator Support and Resistence plain in your chart seven lines; Red line=Resistence 3. Red line=Resistence 2. Red line=Resistence 1. Yellow line= Pivot. Green line= Support 1. Green line= Support 2. Green line= Support 3. adattable in all timeframe (minute 1, minute 5, minute 15, minute 30, Hour 1, Hour 4,Day 1,Week 1,Mounth 1); Buy under support and sell over the resistence;

This indi shows the following 1. Supertrend 2. Alligator (Not a regular alligator) 3. ZigZag 4. Moving Average 5. Trend Continuation/Mini correction Signal (plotted in X) (See screenshots in green background color 6. Early Signal Detection (See screenshots in green background color) You may treat Alligator as the lagging indicator The leading indicator is the supertrend. The zig zag is based on the leading indicator where it gets plotted when the leading indicator got broken to the opposite.

The LineMagnit Indicator for MT4 is a highly precise tool that builds support and resistance levels which magnetically attract prices. This feature allows traders to easily determine the most probable entry and exit points in the market, as well as identify the market's directional forces, as levels are based on capital inflows into the instrument. Equipped with an intuitively understandable graphical interface, the LineMagnit Indicator enables users to quickly locate and analyze support and res

KT Pivot Points automatically plots the daily, weekly, and monthly pivot levels on a chart with the precise calculation based on the latest data. Pivot points is a widely used indicator in technical analysis, particularly in the Forex market. Features Send alerts when the price touches the pivot level. It offers complete customization for each kind of pivot level. Shows daily, weekly, and monthly pivot levels without any fuss. It uses minimum CPU resources for faster calculation. Compati

Magic Pivot is a professional indicator for finding the support and resistance lines; it has been developed by a group of professional traders. The indicator plots three support lines and three resistance lines, where a price reversal is highly probable. Magic Pivot is an excellent tool for scalping and intraday trading. Advantages High accuracy of signals. Suitable for scalping and intraday trading. The indicator does not redraw. Simple indicator setup, minimum parameters. Works on any finan

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"Adjustable Fractals" - is an advanced version of fractal indicator, very useful trading tool! As we know Standard fractals mt4 indicator does not have settings at all - this is very inconvenient for traders Adjustable Fractals has resolved that issue - it has all necessary settings: Adjustable period of indicator (recommended values - above 7) Adjustable distance from Highs/Lows of price Adjustable design af fractal arrows // More great Expert Advisors and Indicators are available he

This indicator is designed based on Mr. WD Gann's square of nine methods. Using this indicator, we can enter the desired pivot price and, based on the coefficient we assign to it, extract 8 support and resistance numbers with 8 angles of 45, 90, 135, 180, 225, 270, 315, and 360. Calculates 8 support and resistance points and draws support and resistance lines. The coefficient is to triple the number of executions. To select pivot points in which a price is a lar

The indicator shows significant support and resistance levels. When the price approaches these levels, it in some way responds either to the levels themselves, or to the areas that are near these levels. These levels can be viewed as potential reversal zone. Accordingly, the levels can be used for performing trading operations or closing previously opened positions. For example You can buy if the price rolls back from the support level upwards, or sell if the price rolls back from the resistan

The Th3Eng PipFinite indicator is based on a very excellent analysis of the right trend direction with perfect custom algorithms. It show the true direction and the best point to start trading. With StopLoss point and Three Take Profit points. Also it show the right pivot of the price and small points to order to replace the dynamic support and resistance channel, Which surrounds the price. And Finally it draws a very helpful Box on the left side on the chart includes (take profits and Stop loss

This support and resistance indicator gives u a)support level b)resistance level c)direction(trend) all in one.The indicator is based on the top 3 best levels there are!Red dots are sell direction and green dots are buy direction,if candles dont break these levels u get in after the 3rd dot,always use higher time frames from h1 up so its more clear where direction is going,also u can set the indicator to your time frame that u are lookin at.

This indicator shows price changes for the same days in past years. D1 timeframe is required. This is a predictor indicator that finds D1 bars for the same days in past 8 years and shows their relative price changes on the current chart. Parameters: LookForward - number of days (bars) to show "future" price changes; default is 5; Offset - number of days (bars) to shift back in history; default is 0; ShowAverage - mode switch; true - show mean value for all 8 years and deviation bounds; false - s

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Trend Line Chart Pattern Signals Is a traders Tool for Signals based on Strong Patterns Formed By a pair of robust trend lines. They FOR WITH DIFFERENT POPULAR PATTERNS ON CHARTS LIKE – TRIANGLES, FLAGS,RANGE , ASCENDING TRIANGLES, DESCENDING PATTERNS, PENNANTS ETC. The TREND LINES form dynamically on running bars. The sensitivity of the trend lines can be changed by custom settings. The Buy and Sell Signals Generate upon Break Of the Trend Line + "Close" of the same bar above the previo

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Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str

This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button to hide all indicator data on chart if you prefer to work with other analysis tools When you use this indicator and change the settings, add indicators like Moving Average or Bollinger

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How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai

This indicator searches for the strongest trend and works on any timeframe. D1 timeframe is recomended. The product features three lines showing fast, medium and slow bars. If red bars appear at each of the three lines simultaneously, there is a strong bearish trend. If green bars appear at each of the three lines simultaneously, there is a strong bullish trend. The indicator does not repaint and can be combined with other indicators. It is also suitable for binary option trading.

This is an indicator for finding the strongest trend each day, suitable for intraday trading or a swing trading. See the live performance at : https://www.mql5.com/en/signals/93383 How to Use: RED BAR means Bearish Trend for the next candle GREEN BAR means Bullish Trend for the next candle ORANGE BAR means Sideways Trend for the next candle Example: If we are using D1 timeframe, see the last BAR, if the bar is RED BAR, open short/sell for today. If we are using H1 timeframe, see the last BA

Supplement for Alpha Trend Spotter (ATS) Indicator: https://www.mql5.com/en/market/product/8590 This indicator acts by price action. Use it when ATS shows clear Bullish or Bearish Trend for finding the strongest trend each day. Suitable for timeframes M5, H1, H4 and D1. Suitable for Binary Option 5 minutes signal. How to Use: RED Arrow means Sell GREEN Arrow means Buy

Alpha Trend Spotter (ATS) Volume Break Out This is an indicator that combines Volume breakout/breakdown and Moving Average Breakout/breakdown. It is able to predict further price changes. It is not repainted, not recalculated. All lines are shown at the open of a new candlestick, never winking or vanishing in the current candle. These lines are appeared at the beginning of the current candle. Suitable for M5 to D1 Timeframe. How to Use: If Green line appears, that shows the "oversold" area, so t

This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high. With adjustable Fibonacci range and has an alert function. How to use Fibonacci Risk Reward Ration (R3) into trading strategy Forex traders use Fibonacci-R3 to pinpoint where to place orders for market entry, for taking profits and for stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off of support and resistance levels. Fibonacci retrace

This indicator automatically draws Support and Resistance lines based on High and Low Candle at every timeframe. Support and resistance have a recurring nature as a trader goes through the process of building a strategy. Because of its importance, it is often reasonable for a trader to build object patterns for incorporating these prices into a strategy. When strong support and resistance levels are found, this can enable traders to effectively plot their approach, manage trades, and adjust risk

This indicator is customized for binary option trading like M1 timeframe or turbo option trading. The way a binary option works is from the traders perspective is that you choose whether or not a certain underlying asset (a stock, commodity, currency etc.) is going to go up or down in a certain amount of time. You essentially bet money on this prediction. You are shown how much money up front you will earn if your prediction is correct. If your prediction is wrong, you lose your bet and the mone

Fibonacci Swing Scalp (Fibonacci-SS) This indicator automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with an auto Pending Order (Buy/Sell), Stop Loss, Taking Profit 1, Taking Profit 2 and the best risk and reward ratio. This is a very simple and powerful indicator. This indicator's ratios are math proportions established in many destinations and structures in nature, along with many human produced creations. Finding out this particular a

This indicator is another variant of the famous powerful indicator Fibonacci-SS https://www.mql5.com/en/market/product/10136 but has different behaviour in placing Pending Order and TP Line. Automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with: An auto Pending Order (Buy/Sell). Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity. The best risk and reward ratio. Simple and powerful indica

This indicator based on Alpha Trend Spotter, Moving Average, and RSI Indicators. Its Customized for H4 (Four Hour) Timeframe where the price do real swing. This indicator doesn't have setting value, just plug and play in H4 Timeframe. Best performance with pairs: EURUSD GBPUSD EURJPY GBPJPY Entry conditions: LINE CROSS ATS < 30, HOLD and then line TOUCHING BACK TO 30 = LONG ENTRY LINE CROSS ATS > 70, HOLD and then line TOUCHING BACK TO 70 = SHORT ENTRY Exit conditions: LONG CLOSE IF CROSS AT

This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. With adjustable Fibonacci range and has an alert function. What is Pyramid Trading Strategy? The basic concept of pyramiding into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in positions. This is how

This indicator is a proof of concept of pyramid trading strategy. It draws fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. What is Pyramid Trading Strategy? The pyramid forex trading strategy is a something every forex trader should know about because it makes the difference between making some pips with some risk in only one trade or some pips with less the risk by applying the pyr

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367

Vidya-Trading 2017.09.16 23:42 #

Simple and helpful tool for intraday trading. It would be nice if the line strength would be adjustable, I tried in the settings "colour" but no change. Maybe some update?

Version 108.19 2019.08.26

New Engine Update
Author website added

Version 1.10 2015.05.22

What's New
Pattern Signal Optimized