Support Resistance Catcher

Support Resistance Catcher Indicator Features and Explanation

Overview:
The Support Resistance Catcher is a custom MT5 indicator designed to identify and visualize supply (resistance) and demand (support) zones based on candlestick price action. It detects zones where price has reversed after rallies or drops, using wick rejections and clustering. The indicator draws horizontal rectangles for active and historical zones, with customizable colors, labels, and alerts.

Key Features:

1. Zone Detection:
   - Identifies supply zones (resistance) from upper wick rejections at local highs
   - Identifies demand zones (support) from lower wick rejections at local lows
   - Uses configurable lookback period (PivotPeriod) for local max/min detection
   - Clusters zones with minimum distance control (Overlook)
   - Adjusts zone width based on Sensitivity parameter

2. Zone Management:
   - Limits active zones to NumberOfZones (default 3)
   - Displays up to HistoricalZones (default 100) historical zones
   - Zones persist until broken through by price
   - Historical zones shown with dashed style

3. Visual Elements:
   - Supply zones: Tomato-colored rectangles (configurable)
   - Demand zones: YellowGreen-colored rectangles (configurable)
   - Optional fill with 30-40% opacity
   - Labels showing "Resistance" or "Support"
   - Optional arrows pointing to new zones
   - Historical zones drawn thinner/dashed

4. Alerts:
   - Popup alerts when price approaches zones within Alert_Pip_Distance
   - Prevents spam with 60-second cooldown
   - Compatible with sound/email/push (uses standard Alert() function)

5. Performance Optimizations:
   - Processes only BarsToCalculate (default 3000) recent bars
   - Incremental calculations to avoid lag
   - Efficient looping and caching
   - No repainting after candle close

6. Testing Mode:
   - Fully compatible with Strategy Tester visual mode
   - Draws historical zones accurately during backtesting

Inputs:

- Leverage: Account leverage (included but not actively used, default 100)
- NumberOfZones: Maximum active zones displayed (default 3)
- HistoricalZones: Maximum historical zones displayed (default 100)
- BarsToCalculate: Number of bars to process (default 3000)
- PivotPeriod: Lookback for local highs/lows (default 20)
- Overlook: Minimum bars between zones (default 10)
- SupportResistanceStrength: Reserved for future strength filtering (default 10)
- Sensitivity: Zone width adjustment (0.8 = wider zones, lower = wider)
- Show_Arrows: Enable arrows for new zones (default false)
- Color_of_Supply: Color for supply zones (default clrTomato)
- Color_of_Demand: Color for demand zones (default clrYellowGreen)
- Fill_Zones: Enable rectangle fill (default false)
- Show_Distance_from_Levels: Reserved for distance display (default false)
- Alert_Allowed: Enable alerts (default false)
- Alert_Pip_Distance: Pip distance for alerts (default 1)

How to Use:
1. Attach to any timeframe chart (tested on EURUSD H4)
2. Adjust inputs for your preferences
3. Observe rectangle zones on chart
4. Use as support/resistance levels for trading decisions
5. Enable alerts for notifications near zones
6. Historical zones provide context for zone strength

Compatibility:
- MetaTrader 5 only
- Works on any symbol and timeframe
- Optimized for real-time and backtesting use

Note: Zones are detected on closed bars only, ensuring no repainting.
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BigPlayerRange – Meilleur indicateur pour MT5 BigPlayerRange est considéré comme le meilleur indicateur pour le Mini Indice et le Mini Dollar sur MetaTrader 5. Cet outil met en évidence les zones stratégiques d’action des gros acteurs du marché, offrant une analyse technique institutionnelle d’une grande précision. Comment utiliser BigPlayerRange : Cet indicateur trace des zones d’achat (ligne verte) et de vente (ligne rouge). Lorsque le prix clôture en dehors de ces zones, une tendance
Le niveau Premium est un indicateur unique avec une précision de plus de 80 % des prédictions correctes ! Cet indicateur a été testé par les meilleurs Trading Specialists depuis plus de deux mois ! L'indicateur de l'auteur que vous ne trouverez nulle part ailleurs ! À partir des captures d'écran, vous pouvez constater par vous-même la précision de cet outil ! 1 est idéal pour le trading d'options binaires avec un délai d'expiration de 1 bougie. 2 fonctionne sur toutes les paires de devises
SMC Institutional Suite v3.7 Professional Smart Money Concept Indicator for MetaTrader 5 What is New in Version 3.7 - Visual Stability Update This release focuses entirely on one goal: making every zone, label, and line on your chart rock-solid stable. There is no more flickering, no more zones disappearing on a new candle, and no more duplicate drawings. Order Block (OB) zones no longer flicker or disappear. Once drawn, they stay permanently on the chart. Equal Highs and Equal Lows (EQH / EQL)
Gold Xausd Hunter
Metin Erkamoglu
5 (1)
MATADOR GOLD XAUUSD M5 Scalp Signals for MT5 MATADOR GOLD is a decision-support indicator for MetaTrader 5, designed for traders who analyze short-term Gold movement on the M5 timeframe. The indicator does not open, close, or manage trades automatically. It provides buy and sell signal guidance so the user can make their own trading decisions according to their risk plan, broker conditions, and trade management rules. Main purpose MATADOR GOLD is built to help traders avoid noisy signal flow and
IVISTscalp5
Vadym Zhukovskyi
5 (6)
Французский [iVISTscalp5] : Un laboratoire d’étude du comportement du marché à travers le temps TLV Framework | Liquidity Activation Points ⸻ Description Générale iVISTscalp5 est un indicateur multi-niveau de timings et de structure de prix développé dans le cadre du projet VISTmany. Le système prévoit le temps, la direction et l’amplitude du mouvement à travers les Liquidity Activation Points (timings). L’indicateur iVISTscalp5 peut être utilisé avec les paramètres par défaut pou
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Thanh Tuyen Hoang
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Thanh Tuyen Hoang 2025.09.29 01:17 
 

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