TMX Support and Resistance Pro MT4
- Indicateurs
- Version: 2.91
- Activations: 5
TMX Support & Resistance Indicator
Stop guessing where price will react. See it.
TMX Support & Resistance automatically scans your chart history and draws the exact zones where price has repeatedly reversed, stalled, or broken through — so you always know where the next decision point is, before price gets there.
For the best experience and to get the most out of this indicator, please contact me through the MQL5 Community to receive the User Manual.
Why Traders Choose TMX Support & Resistance
- No more manual line-drawing. The indicator detects and redraws zones on every new bar, so your levels are always current — no chart maintenance, no guesswork.
- Zones, not lines. Real reactions happen in a price band, not at one exact tick. TMX draws rectangular zones scaled to volatility (ATR), matching how price actually behaves.
- Know which levels to trust. Every zone is graded — Verified, Untested, or Turncoat — so you instantly see which levels have proven themselves and which are still unconfirmed.
- Trade breakouts with confidence. Turncoat zones flag role-reversal levels (former resistance becoming support, or the reverse), one of the highest-quality setups in technical trading.
- Never miss a level again. Optional pop-up, push, and e-mail alerts fire the moment price enters a displayed zone — stay informed even when you're away from the screen.
- See the bigger picture without switching charts. Project higher-timeframe zones directly onto your current chart with the multi-timeframe option.
- Works out of the box. Default settings suit most instruments and timeframes. Attach it, and your chart is automatically cleaned up for a clear read — no manual setup required.
How It Works
- Attach the indicator to any chart, on any timeframe.
- Zones appear automatically — green shades mark support, red/purple shades mark resistance.
- Each zone is labelled with its grade (e.g. Verified Support, 2 tests), so you know exactly how much weight to give it.
- Set an alert and let the indicator watch the level for you.
No indicators to combine, no manual recalculation, no repainting logic to second-guess — just clear, self-updating zones.
Who This Is For
- New traders who want a reliable, visual way to understand support and resistance without years of manual chart-reading experience.
- Experienced traders who want to stop manually redrawing levels every session and instead focus on execution and risk management.
- Breakout and retest traders who need clear confirmation of role-reversal levels.
- Multi-timeframe traders who want higher-timeframe context without cluttering their workflow.
Key Features
- Automatic support and resistance zone detection, redrawn on every new bar
- Three-tier zone grading: Verified, Untested, Turncoat
- ATR-scaled zone width for realistic, non-arbitrary levels
- Optional fractal arrows showing the swing highs/lows behind each zone
- Pop-up, push notification, and e-mail alerts on zone entry
- Multi-timeframe display: project a higher timeframe's zones onto your current chart
- Adjustable zone count and distance filters to keep the chart readable
- One-time automatic chart clean-up on installation
- Fully customizable colours per zone grade and side
