SRline

SRline

Automatic Support and Resistance Zone Indicator Based on Fractal Structure

Overview

SRline is a technical analysis indicator designed to identify and display support and resistance zones using fractal-based price structure detection.

The indicator automatically scans historical price data and marks significant fractal highs and lows directly on the chart.

It can be used for:

  • Market structure analysis
  • Support and resistance observation
  • Breakout monitoring
  • Reversal analysis
  • Price action workflows

Main Features

Automatic Fractal Detection

The indicator identifies support and resistance levels using configurable fractal logic.

Detection is based on:

  • Fractal highs
  • Fractal lows
  • Configurable left/right bar structure

Detected levels are displayed directly on the chart for structural market analysis.

Support and Resistance Visualization

The indicator displays visual markers at detected support and resistance locations.

Features:

  • Automatic chart marking
  • Directional level visualization
  • Structured zone observation

Visual markers help identify areas where price structure has previously reacted.

Configurable Detection Sensitivity

The sensitivity of fractal detection can be adjusted through user-defined parameters.

Configurable Settings:

  • leftbars
  • rightbars
  • shift

These settings allow the indicator to adapt to different trading styles and timeframe selections.

Input Parameters

leftbars

Number of bars to the left used for fractal structure validation.

rightbars

Number of bars to the right used for fractal structure validation.

shift

Optional chart shift adjustment for indicator display positioning.

Usage Applications

The indicator may be used for:

  • Support and resistance analysis
  • Price action workflows
  • Breakout observation
  • Reversal monitoring
  • Intraday trading
  • Scalping
  • Swing trading

It can also be combined with:

  • Supply and demand analysis
  • Trend-following systems
  • Oscillators
  • Multi-timeframe confirmation

Visualization

The indicator provides:

  • Support level markers
  • Resistance level markers
  • Fractal-based structural visualization

Signal density may vary depending on volatility and selected fractal sensitivity settings.

Compatibility

Supported Markets:

  • Forex
  • Precious metals
  • Cryptocurrency
  • Indices

Supported Timeframes:

  • All MetaTrader timeframes

The indicator is designed for lightweight chart operation.

Operational Notes

General Recommendations:

  • Test sensitivity settings according to instrument volatility
  • Use additional confirmation methods where appropriate
  • Adjust fractal parameters depending on timeframe selection

The indicator is intended as a structural analysis tool and does not generate direct trade execution signals.

Indicator behavior may vary depending on market conditions and parameter configuration.

Conclusion

SRline is a fractal-based support and resistance indicator designed for:

  • Market structure visualization
  • Fractal level detection
  • Support and resistance analysis
  • Technical chart observation

The indicator provides automated structural level identification for traders using price-based technical analysis workflows.

Suggested Tags

Support Resistance, Fractal Indicator, Price Action, MT4 Indicator, Market Structure, Technical Analysis, Breakout Trading, Swing Trading, Scalping, Forex Indicator

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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
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
Market Makers
Mohamed Hassan
5 (4)
After purchase, contact me privately to receive 1 month of free testing with EA Forex Proton! This advanced MT4 trading robot automatically executes signals from any MT4 indicator, including Market Makers. The latest version also includes AI integration, allowing each trade signal to be analyzed using Artificial Intelligence. Live Signal with EA Forex Proton: Click here Market Makers is a powerful price action trading system designed to identify high-probability Buy and Sell opportunities based
Actuellement 30% de réduction ! La meilleure solution pour tout débutant ou trader expert ! Ce logiciel de tableau de bord fonctionne sur 28 paires de devises. Il est basé sur 2 de nos principaux indicateurs (Advanced Currency Strength 28 et Advanced Currency Impulse). Il donne un excellent aperçu de l'ensemble du marché Forex. Il montre les valeurs de l'Advanced Currency Strength, la vitesse de mouvement des devises et les signaux pour 28 paires de devises dans tous les (9) délais. Imaginez
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