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Support Resistance Breakout MT4

5

This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles.

If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market.

Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan.


MT5 Version

Support/Resistance Breakout MT5 : https://www.mql5.com/en/market/product/65834


Indicator Capabilities:

    • So simple.
    • No Repaint, No Delay, No Lag
    • Easy to use for non-experienced traders as well as professional traders.
    • Low-risk entries.
    • No other Indicator is needed.
    • Popup Alerts, Push Notification, and Email alerts.
    • Works with any symbols in any time frame.
    • Can be used in Expert Advisors.


    Indicator Parameters:

      • Period to find Support/Resistance
      • Final Signal Method (Rising, Exciting, Both)
      • Draw Support and Resistance Line
      • Show Fractals
      • Show HigherHigh, HigherLow, LowerLow, LowerHigh
      • Show Candle Types (Volume Analysis, Trend or None)
      • Types of Alert


      Comentarios 2
      lauro1956
      4245
      lauro1956 2022.02.16 22:10 
       

      highly recommended indicator

      Aravind Kolanupaka
      8830
      Aravind Kolanupaka 2021.10.09 22:33 
       

      Good one

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      Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
      Otros productos de este autor
      This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles. If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market. Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan. MT4 Version Support/Resistance Breakout MT4 :   https
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      lauro1956
      4245
      lauro1956 2022.02.16 22:10 
       

      highly recommended indicator

      Aravind Kolanupaka
      8830
      Aravind Kolanupaka 2021.10.09 22:33 
       

      Good one

      Respuesta al comentario
      Versión 1.3 2021.06.08
      Bug fixed