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Precision Support Resistance MT5

Introduction to Support Resistance Indicator

Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Support and Resistance are highly accurate support and resistance tools designed for serious traders. In addition to accurate support and resistance level detection, the Precision Support and Resistance provides additional four features to aid your winning trading. They include decision candle detection, Intra Candle Probability Calculation, Pivot Analysis and Ladder Analysis. Any of these features can be switched on and off for your preferences.

Support and Resistance

We use the density and geometry approach to compute support and resistance levels. Quite often you will observe that detected support and resistance levels predict very accurately where price penetrate hard or where price reverse back hard. According to you preference, some sensible trading strategy can be developed.

Decision Candle Detection

Decision candle detection module alerts traders the possible big movement. Decision candle is the typical pattern appearing before onset of the strong reversal or strong continuation of the current trend. Therefore, it is recommended to watch out the appearance of this decision candle in your trading especially if they are around important support and resistance level.

Intra-Candle Probability Calculation

Intra-Candle probability is the statistical prediction of future range of close price for projected horizon. This tool will display 1%, 5%, 10%, 32%, 50%, 80% levels. The pair of lines will be drawn above and below the open price of the current candle. 50% probability means that the chance of the close price being outside this lines is the 50% from open price of the candle. Instead of doing some guess work, you can precisely estimate when the price will touch support and resistance level or when the price will touch moving average line or when the price will touch Bollinger band lines, etc.

Pivot Analysis

We added the standard pivot analysis technique. Pivot analysis can be used in two purposes. First, you can use pivot level to double confirm support and resistance levels. Second, you can use pivot level to confirm rough trend if that is your interest. For example, if price closed below S1 or S2 yesterday, then you can say that current trend is downmarket. The built in Pivot analysis provide daily pivot only and you can choose how many number of days you want to display the pivot levels.

Ladder Analysis

Simply speaking ladder analysis will answer the question like what is the probability of the close price will stay outside the specified level of your interest. For example, you believe that the level 1.2400 is important and you want to find out what is the chance of the close price will actually end above this important level. Then you can use this Ladder Analysis to find the probability.

Input Setting

Default setting works well for most of currency pairs and timeframes. Changing input parameters are extremely simple and self explanatory as usual. Most of time you will use default settings.

Trading Strategy Guide

You can use Precision Support Resistance together with any of following technical analysis.

Guide for Support Resistance Indicator (Main Strategy Guide)

Guide for Volume Spread Analysis

Guide for Harmonic Pattern Detection Indicator

Guide for Momentum Indicator

Guide for Supply Demand Indicator

Guide for Triangle Pattern, Falling Wedge Pattern, Rising Wedge Pattern and Channel

Guide for Elliott Wave Indicator

Important Note

This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.

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Golden Spikes Detector Cet indicateur est basé sur une stratégie avancée principalement pour les pics de trading sur les indices Boom et Crash. Des algorithmes complexes ont été mis en œuvre pour détecter uniquement les entrées à forte probabilité. Il alerte sur les entrées potentielles d’achat et de vente. Pour échanger des pics sur le courtier Deriv ou Binary, prenez uniquement les alertes Buy Boom et Sell Cash. Il a été optimisé pour être chargé sur une période de 5 minutes, bien qu'une analy
Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (14)
Indicateurs
Matrix Arrow Indicator MT5   est une tendance unique 10 en 1 suivant un indicateur multi-période   100% non repeint   qui peut être utilisé sur tous les symboles/instruments:   forex ,   matières premières ,   crypto-monnaies ,   indices ,  actions .  Matrix Arrow Indicator MT5  déterminera la tendance actuelle à ses débuts, en rassemblant des informations et des données à partir d'un maximum de 10 indicateurs standard, qui sont: Indice de mouvement directionnel moyen (ADX) Indice de canal de m
IX Power MT5
Daniel Stein
5 (2)
Indicateurs
IX Power   apporte enfin la précision imbattable de FX Power aux symboles non-Forex. Il détermine avec précision l'intensité des tendances à court, moyen et long terme de vos indices, actions, matières premières, ETF et même crypto-monnaies préférés. Vous pouvez   analyser tout ce que   votre terminal a à offrir. Essayez-le et découvrez comment   votre timing s'améliore considérablement   lors de vos transactions. Caractéristiques principales d'IX Power Résultats de calcul précis à 100 %,
Strong Support mt5
Vasiliy Strukov
5 (9)
Indicateurs
Les niveaux de support et de résistance sont depuis longtemps un outil puissant pour l'analyse du marché. Strong support l'indicateur construit les niveaux de support sur les bas de prix locaux et les niveaux de résistance sur les hauts de prix locaux. Mes autres développements peuvent être consultés ici Il est recommandé d'utiliser conjointement avec un indicateur de tendance, par exemple, Gold Stuff - cela vous permettra de négocier sur la tendance et de définir simultanément des zones de
Golden Gate Algo MT5
James David Lane
4 (6)
Indicateurs
40% DE RÉDUCTION POUR NOËL ! AUGMENTATION DES PRIX À 250 $ LE 1er JANVIER ! Présentation de GoldenGate Entries : une solution de trading de pointe ! Découvrez une approche révolutionnaire du trading avec GoldenGate Entries (GGE), un indicateur avancé conçu pour améliorer votre expérience de trading. GGE offre un ensemble complet de fonctionnalités pour donner aux utilisateurs la précision et la confiance nécessaires dans leurs décisions de trading. Paires : Toutes (FX - Matières premières
Trend Scanner mt5 GS
Vasiliy Strukov
5 (14)
Indicateurs
Trend Scanner analyse les tendances du marché à partir de cadres multi-symboles et multi-temps et les affiche sur un panneau mobile sur le graphique. Il utilise l'indicateur Gold stuff pour l'analyse. Les fonctionnalités incluent des alertes et des e-mails, ainsi que des notifications push. Le commerçant peut sélectionner plusieurs paires de son choix pour l'affichage. Trend Scanner est un excellent outil pour voir la direction de la tendance et peut être utilisé pour le trading manuel ou le tr
Bill Williams Advanced
Siarhei Vashchylka
5 (3)
Indicateurs
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
TrendMaestro5
Stefano Frisetti
Indicateurs
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data and therefore the mome
TPA True Price Action MT5 Indicator
InvestSoft
5 (10)
Indicateurs
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
Trades Assistant MT5
Martin Muriu Maina
Indicateurs
Trade Assistant MetaTrader System  — a multi-timeframe system that is based on three standard indicators:   Stochastic oscillator ,   RSI   (Relative Strength Index), and   CCI   (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. Input parameters CheckCandl
ASPCT Boom Crash Pandora
Petr Zharuk
5 (1)
Indicateurs
Professional Scalping Tool on Deriv Attention! The indicator will be sold in limited quantities!!! Description: This trading indicator is designed for professional traders focused on scalping. Designed with the market in mind, it provides highly accurate spike trading signals. It works on the M1 timeframe and supports the following symbols: Boom 300 Index, Boom 500 Index, Boom 1000 Index, Crash 300 Index, Crash 500 Index, Crash 1000 Index. Functional Features: - Direction: - Trading is ca
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Pair Trading Station MT4
Young Ho Seo
5 (1)
Indicateurs
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
Volume Spread Pattern Indicator MT4
Young Ho Seo
5 (1)
Indicateurs
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
Harmonic Pattern Plus MT4
Young Ho Seo
4.47 (19)
Indicateurs
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
Fractal Pattern Scanner MT4
Young Ho Seo
5 (2)
Indicateurs
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
X3 Chart Pattern Scanner MT5
Young Ho Seo
5 (4)
Indicateurs
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Peak Trough Analysis Tool MT5
Young Ho Seo
4.57 (14)
Indicateurs
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Volume Spread Pattern Detector MT5
Young Ho Seo
4.5 (10)
Indicateurs
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Price Breakout Pattern Scanner MT4
Young Ho Seo
3.55 (11)
Indicateurs
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
Peak Trough Analysis Tool MT4
Young Ho Seo
4.5 (14)
Indicateurs
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Elliott Wave Trend MT5
Young Ho Seo
4 (3)
Indicateurs
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
Time Box Indicator MT5
Young Ho Seo
5 (3)
Indicateurs
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
FREE
Volume Spread Pattern Detector MT4
Young Ho Seo
5 (3)
Indicateurs
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Sideways Market Statistical Analyzer MT5
Young Ho Seo
5 (1)
Indicateurs
Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the
Excessive Momentum Indicator MT4
Young Ho Seo
4.86 (7)
Indicateurs
Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
Equilibrium Fractal Wave Analytics MT4
Young Ho Seo
5 (3)
Indicateurs
Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r
Fractal Moving Average Indicator MT5
Young Ho Seo
5 (5)
Indicateurs
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit ou
FREE
Auto Chart Alert MT5
Young Ho Seo
3.6 (5)
Utilitaires
Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. A
FREE
Time Box Indicator MT4
Young Ho Seo
4.75 (4)
Indicateurs
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
FREE
Harmonic Pattern Scenario Planner MT5
Young Ho Seo
5 (6)
Indicateurs
Introduction to Harmonic Pattern Scenario Planner The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenari
Auto Chart Alert MT4
Young Ho Seo
5 (5)
Utilitaires
Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. A
FREE
Mean Reversion Supply Demand MT4
Young Ho Seo
4.56 (9)
Indicateurs
Mean Reversion Supply Demand Indicator Mean Reversion Supply Demand is the indicator to detect the important supply demand zone in your chart. The concept of supply demand trading relies on the quantity mismatching between buying and selling volumes in the financial market. Typically, supply demand zone serves to predict the turning point. The wave pattern, for any supply demand zone to work as an successful trade, looks like the price must touch the base zone, move away and then return to zone
Volume Spread Pattern Indicator MT5
Young Ho Seo
Indicateurs
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
Fractal Moving Average Indicator MT4
Young Ho Seo
5 (1)
Indicateurs
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit
FREE
Fractal Pattern Scanner MT5
Young Ho Seo
5 (1)
Indicateurs
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabil
Pair Trading Station MT5
Young Ho Seo
4 (1)
Indicateurs
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
GARCH Improved Nelder Mead MT5
Young Ho Seo
3 (4)
Indicateurs
Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
FREE
Market Activity Index MT4
Young Ho Seo
4 (1)
Indicateurs
This innovative technical indicator was created to detect quiet market period before the beginning of the high volatile market. Like many good technical indicators, this Market Activity Index is very stable and it is widely applicable to many financial and non financial instruments without too much restriction. The Market Activity Index can be used best to visualize the alternating form of low and high volatile market. It is very useful tool to pick up the quiet market but ironically this is the
Order Risk Management EA MT5
Young Ho Seo
4 (6)
Utilitaires
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
FREE
GARCH Improved Nelder Mead MT4
Young Ho Seo
4.33 (3)
Indicateurs
Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
FREE
Order Risk Management EA MT4
Young Ho Seo
4.11 (9)
Utilitaires
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
FREE
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Version 7.3 2022.02.28
In version 7.3, we made some minor imporvement over the Precision Support Resistance Indicator. Precision Support Resistance Indicator provides tons of features for support and resistance trader. The indicator has the ability to detect important horizontal support and resistance. You can use this Support and Resistance Together with Support Resistance Risk Management Indicator to reinforce your trading opportunity.

Support and Resistance Detection (= Horizontal Support and resistance)
Decision Candle Detection
Intra-Candle Probability Calculation
Pivot Analysis
Ladder Analysis
Version 7.2 2017.12.25
In version 7.2, the support and resistance levels are extended to the middle of chart.
Version 6.8 2016.06.22
In the version 6.8, You can draw round number at the background of your chart.
Set Round Number Spacing to zero if you don't want to see these round numbers from your chart.
Version 6.7 2016.04.01
In version 6.7, Ladder Probability Inquiry can be extended for multiple bars. The projection length can be controlled using Projection Horizon variable just like in Probability Module.