Automatic Support and Resistance for MT4

Automatic Support & Resistance Indicator for MetaTrader 4

The Automatic Support & Resistance Indicator for MT4 is a dedicated analytical tool designed for the MetaTrader 4 platform. It automatically identifies key support and resistance zones across multiple timeframes by analyzing historical price behavior. Support areas are highlighted in green, while resistance zones are displayed in brown, allowing traders to interpret market structure quickly and efficiently.

This indicator is commonly used by professional traders to anticipate potential price reversal points and define high-probability trading zones. By relying on algorithm-driven calculations, it enhances decision-making accuracy and supports more disciplined trade execution. Its primary advantage lies in detecting price levels where market reactions are statistically more likely, helping traders improve both entry and exit precision.

 

Automatic Support & Resistance Indicator Specifications

Below is an overview of the main characteristics of the Automatic Support & Resistance Indicator for MT4:

Feature

Description

Category

Support & Resistance – Supply & Demand – Price Structure

Platform

MetaTrader 4

Skill Level

Beginner

Indicator Type

Entry – Reversal – Ranging

Timeframe

Multi-Timeframe

Trading Style

Scalping – Day Trading – Intraday

Markets

Forex – Stocks – Indices

 

Indicator Overview

The Automatic Support & Resistance Indicator for MT4 provides a structured approach to understanding market dynamics by clearly defining critical price zones.

  • Support levels are shown in green, while resistance zones appear in red.
  • Darker colors represent newly formed zones, whereas lighter shades indicate levels that have been retested.
  • This visual distinction allows traders to assess zone strength instantly.

By accurately mapping these areas, the indicator helps traders identify potential reversal points and key decision zones. These levels can be used to plan trade entries, set stop-loss placements, and define profit targets. The dynamic color changes based on price interaction further assist in evaluating the reliability of each zone and improving risk-to-reward assessments.

 

Support Zone During an Uptrend

On the GBP/USD 1-hour chart, the indicator highlights a strong support level using a green rectangle. As price retraces toward this zone, the color transitions from dark to light green, indicating that the support has been tested.

This visual cue helps traders recognize areas where bullish momentum may resume, making it easier to identify buying opportunities within an ongoing uptrend.

 

Resistance Zone During a Downtrend

On the AUD/CAD 15-minute chart, the indicator detects a significant resistance level marked in brown. When price revisits this zone after a breakout, the color fades from dark brown to a lighter shade, confirming a retest.

Such signals often align with bearish market conditions and can be combined with candlestick patterns or market structure analysis to improve the accuracy of short trade setups.

 

Automatic Support & Resistance Indicator Settings

The indicator includes several customizable parameters that allow traders to adjust its visual presentation:

  • Support Not Touched: Color for newly identified support levels
  • Support Touched: Color for previously tested support zones
  • Resistance Not Touched: Color for fresh resistance areas
  • Resistance Touched: Color for retested resistance levels
  • Border Color: Outline color for all support and resistance boxes

 

Conclusion

The Automatic Support & Resistance Indicator for MT4 is a reliable market analysis tool designed to identify high-impact price zones with precision. Its automated level detection and clear visual presentation make it particularly useful for traders who rely on support and resistance concepts.

This indicator is especially well-suited for price action traders, as it helps pinpoint strategic entry and exit points based on historically validated market zones.


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MetaForecast prédit et visualise l'avenir de n'importe quel marché en se basant sur les harmoniques des données de prix. Bien que le marché ne soit pas toujours prévisible, s'il y a un motif dans les prix, MetaForecast peut prédire l'avenir aussi précisément que possible. Comparé à d'autres produits similaires, MetaForecast peut générer des résultats plus précis en analysant les tendances du marché. Paramètres d'entrée Past size (Taille passée) Spécifie le nombre de barres que MetaForecast util
Si vous achetez cet indicateur, vous recevrez mon Gestionnaire de Trading Professionnel   + EA  GRATUITEMENT. Tout d'abord, il convient de souligner que ce système de trading est un indicateur non repeint, non redessiné et non retardé, ce qui le rend idéal pour le trading manuel et automatisé. Cours en ligne, manuel et téléchargement de préréglages. Le "Système de Trading Smart Trend MT5" est une solution de trading complète conçue pour les traders débutants et expérimentés. Il combine plus de
Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
Trend Lines PRO
Roman Podpora
5 (1)
TREND LINES PRO     Cet indicateur permet de comprendre les véritables changements de direction du marché. Il révèle les renversements de tendance et les points de retour des principaux acteurs. Tu vois     Lignes BOS     Détection des changements de tendance et des niveaux clés sur des unités de temps supérieures, sans paramètres complexes ni interférences inutiles. Les signaux restent affichés sur le graphique même après la fermeture de la bougie. VERSION MT 5 Ce que l'indicateur montre : De
ACTUELLEMENT 40% DE RÉDUCTION La meilleure solution pour tout débutant ou trader expert ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une nouvelle formule. Avec seulement UN graphique, vous pouvez lire la force de la devise pour 28 paires Forex ! Imaginez comment votre trading va s'améliorer parce que vous êtes capable de repérer le point de déclenchement exact d'une nouvelle tendance
Trend Arrow Super
Aleksandr Makarov
5 (2)
Trend Arrow Super The indicator not repaint or change its data. A professional, yet very easy to use Forex system. The indicator gives accurate BUY\SELL signals. Trend Arrow Super is very easy to use, you just need to attach it to the chart and follow simple trading recommendations. Buy signal: Arrow + Histogram in green color, enter immediately on the market to buy. Sell signal: Arrow + Histogram of red color, enter immediately on the market to sell.
Un indicateur technique qui structure les graphiques et identifie les mouvements de prix cycliques. Peut fonctionner sur n'importe quel graphique. Plusieurs types de notifications. Il y a des flèches supplémentaires sur le graphique lui-même. Sans revenir sur l'histoire, fonctionne sur la fermeture de la bougie. TF recommandé à partir de M5 et plus. Facile à utiliser et à configurer les paramètres. Lorsque vous utilisez 2 indicateurs avec des paramètres différents, vous pouvez les utiliser sans
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