Support Resistance Channel MT5

Support Resistance Channel MT5

The Support Resistance Channel MT5 indicator plots dynamic support and resistance levels based on a configurable lookback period, displaying them as green and red lines respectively.

It optionally shows goldenrod-colored arrows when price touches these levels, indicating potential trend changes (not explicit buy/sell signals), along with customizable "RES" and "SUP" labels.

With adjustable parameters like lookback period, arrow size, and label offset, it offers traders a flexible tool to visualize key price levels and their interactions on the MT5 platform.

Support and questions via MQL5 product comments.

For questions, updates, and to connect with other traders, join my official MQL5 group ForexEAandMore


Settings:

1. **PeriodLookback**  

Number of bars to look back for calculating support and resistance levels.

2. **BreakoutDistance**  

Distance in points used to detect breakouts from support/resistance levels.

3. **ConfirmationBars**  

Number of bars required to confirm a signal before displaying an arrow.

4. **SellArrowCode**  

Symbol code for the sell arrow (default is a downward arrow).

5. **BuyArrowCode**  

Symbol code for the buy arrow (default is an upward arrow).

6. **ArrowSize**  

Size of the signal arrows (valid range: 1 to 5).

7. **ShowArrows**  

Toggle to show or hide the buy/sell arrows.

8. **ShowLabels**  

Toggle to show or hide the "RES" (resistance) and "SUP" (support) labels.

9. **LabelOffset**  

Distance in points that the labels are offset from the support/resistance price levels.

10. **LabelFontSize**  

Font size of the "RES" and "SUP" labels.


Disclaimer

This indicator is provided for informational purposes only and does not constitute financial advice. Past performance calculated using historical data does not guarantee future results, and trading involves risk of loss. Always test the product in a demo account, combine it with appropriate risk management, and consult a professional advisor if necessary. The developer assumes no liability for any trading decisions made based on this tool. Translations are available via MQL5 tools for global accessibility.




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Mohamed Hassan
5 (1)
Prop Firm Sniper MT5 is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed to
L'indicateur UZFX {SSS} Scalping Smart Signals v4.0 MT5 est un indicateur de trading haute performance sans « repaint », conçu pour les scalpers, les day traders et les swing traders qui recherchent des signaux précis et en temps réel sur des marchés très volatils. Développé par (UZFX-LABS), cet indicateur combine l'analyse de l'action des prix, la confirmation de tendance et un filtrage intelligent pour générer des signaux d'achat et de vente à forte probabilité, des signaux d'alerte et des opp
Ce produit a été mis à jour pour le marché 2026 et optimisé pour les dernières versions de MT5. AVIS DE MISE À JOUR DU PRIX : Smart Price Action Concepts est actuellement disponible à $200 . Le prix passera à $299 après les 30 prochains achats . OFFRE SPÉCIALE : Après l’achat, envoyez-moi un message privé pour recevoir un bonus gratuit + un cadeau . Tout d’abord, il est important de souligner que cet outil de trading est un indicateur sans repaint, sans redrawing et sans retard, ce qui le rend
Axiom Matrix
Issam Kassas
5 (3)
AXIOM MATRIX MT5 PRIX DE LANCEMENT : $99 Axiom Matrix est disponible au prix de lancement de $99. Le prix passera à $199 après les 30 premiers achats. Après votre achat, envoyez-moi un message direct pour recevoir les instructions et réclamer votre bonus cadeau exclusif. Axiom Matrix est un scanner de marché professionnel multi-symboles et multi-timeframes, ainsi qu’un tableau de bord de décision pour MetaTrader 5. Il scanne votre Market Watch, analyse plusieurs timeframes, lit plusieurs moteurs
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Daniel Stein
5 (33)
FX Power : Analysez la force des devises pour des décisions de trading plus intelligentes Aperçu FX Power est l'outil essentiel pour comprendre la force réelle des principales devises et de l'or, quelles que soient les conditions du marché. En identifiant les devises fortes à acheter et les faibles à vendre, FX Power simplifie vos décisions de trading et révèle des opportunités à forte probabilité. Que vous suiviez les tendances ou anticipiez les retournements à l'aide de valeurs extrêmes de D
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