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KT Support and Resistance Levels

Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis.

When launched on the chart, It immediately scan the most significant extreme points across all the available timeframes and saves them for further analysis. A special algorithm then populates and iterates the stored extreme points for final selection.

This indicator plot four types of support/resistance levels:

  • Super Strong Levels: These levels are the most substantial levels among all. Price is very likely to respect "Super Strong Levels" and often bounce back after testing them.

  • Strong Levels: These are also substantial levels and price often respect them but not as much as their predecessor. If price breaks them with a significant margin, you can expect a continuation in the same direction.

  • Moderate Levels: If you are a day trader, you should keep an eye on these levels. Immediate trade entries around these levels should be avoided to prevent unnecessary losses.

  • Short-Term Levels: These are comparatively weaker levels plotted using a singular time frame analysis. If you are a day trader or scalper, you may use these levels to decide a stop loss and profit target.


  • Filter out bad trades by avoiding trade entries around a significant support/resistance level.
  • Automatically draw significant support and resistance levels using an advanced methodology and saves a ton of time every day.
  • Prevent stop hunting by institutional traders by placing the stop loss before or after a support/resistance level.
  • Include a multi-timeframe approach in your technical analysis without ever switching to a different time frame.

EA Developers

// This code will help you to import the support/resistance levels in your expert advisor. 

string super_strong_levels_name ="KT_SUP_RES_Super_Strong_Levels";
string strong_levels_name = "KT_SUP_RES_Strong_Levels";
string moderate_levels_name = "KT_SUP_RES_Moderate_Levels";
string shortterm_levels_name = "KT_SUP_RES_Short-Term_Levels"

for(int i=ObjectsTotal(); i>=0; i--)
 string object_name = ObjectName(0,i);
​// fill super strong level array with ObjectGetDouble(0,object_name,OBJPROP_PRICE)if(StringFind(object_name,strong_levels_name)>=0) 
​// fill strong level array with ObjectGetDouble(0,object_name,OBJPROP_PRICE)if(StringFind(object_name,moderate_levels_name)>=0) 
// fill moderate level array with ObjectGetDouble(0,object_name,OBJPROP_PRICE)if(StringFind(object_name,shortterm_levels_name)>=0) 
// fill shorterm level array with ObjectGetDouble(0,object_name,OBJPROP_PRICE)

// The above code is almost similar for both MQL4 and MQL5 with some minor adjustments. 
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This price action indicator automates the detection of trend breakout patterns and retest breakout patterns . It generates trade signal with analytical entry, stop loss (SL) and take profit levels (TP1, TP2 and TP3). The chart pattern recognition is based on a pure price action proprietary algorithm that analyses raw market data. Features Notifies through sound alert, push notification and email when signal is detected and the stop loss and profit levels are reached. It can be applied to any f
300 USD
Pinbar Pattern Scanner
Shanmuga Priyan
  The Pinbar pattern scanner is a powerful NON-REPAINTING, NON-LAGGING Price action tool that utilizes Pinbar and its application with outside and inside bar to alert the trader of possible Price rejection in any forex symbol in any of the 9 timeframes, all from the simplicity of one open chart. This one outshines other scanners by giving the trader options to tune available pinbar patterns according to his or her style of trading and comfort. Although developed for forex, the Pinbar pattern sca
148 USD
IQ WD Gann Pivot Point
Somsri Sarkar
VIEW INDICATOR MANUAL Note!  "Arial Bold" font should be installed in your operating system, specially on windows 10 server. Indicator can be applied with all types of instruments including Forex, Stocks, Commodities, Indices, etc. Just adjust the indicator scale accordingly. Metatrader 5 version available Indicator Benefit The indicator is inspired by WD Gann trading style & customized for the modern market with a simplistic approach. It is designed for scalping to day trading. A complete
180 USD
Price Action Breakout
Cai Liang
Price Action Breakout is one of the most popular trading strategy. This Price Action Breakout indicator is designed using several indicators combined to be one strategy. It is very useful for traders that trade based on the breakout strategy. It will make it easier to identify the support and resistance levels. This Price action indicator will draw the support and resistance levels on the chart, so it will make it easier to identify the support and resistance levels. It will inform about the sup
300 USD
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Versión 1.6 2020.11.22
- A minor change in the alerts text.
- Performance improvements.
- Source code optimizations.
Versión 1.5 2019.07.17
- improved the indicator execution speed.
- Added the alerts on a level touch.