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Advanced Support and Resistance Tool

Advanced Support and Resistance

Support and resistance levels are widely used in trading. They are important as they show some key price levels. Before applying any strategy, one may consider it necessary to draw support and resistance. However, this process can take much time especially if one is to analyse a lot of currency pairs, commodities or indices. This Advanced Support and Resistance tool was designed for traders at any level, amateur to professional. It plots key support and resistance levels in seconds. To make it even smart for traders, one can set alerts to be sent when a key support or resistance is reached. Even new traders with little or no experience in trading can get the support ad resistance lines drawn for them in minutes.

Features

·         Use the support and resistance levels for seeing potential reversals, breakouts, take profit levels, stop loss levels and more

·         Boost your technical analysis in minutes

·         Non repaint indicator, based on pure price action principles

·         Save time for multi timeframe analysis on trades

·         Receive notifications as sound, pop up alerts, email and mobile push notifications

Input Settings

Input parameters

Chart Period – the period to consider support and resistance levels

Maximum Range – maximum number of bars for calculation

Minimum Range – minimum number of bars for calculation

Resistance Lines Colour – colour for the resistance lines

Support Lines Colour - colour for the support lines

Resistance Lines Style – choose from solid, dashed, dotted, dotted dash with double lines

Support Lines Style – choose from solid, dashed, dotted, dotted dash with double lines

Resistance Lines Widths - width for the resistance lines

Support Lines Widths - width for the support lines

TextSize – font text size

AlertName – name written on alerts

Send Email Alerts – receive signal notification via Email

Sound and Pop-Up Alerts - receive signal notification on your computer or laptop

Mobile Phone Notification - receive signal notification to your phone MT5 terminal

 


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Gartley Hunter MT5
Siarhei Vashchylka
5 (13)
Gartley Hunter - An indicator for searching for harmonic patterns (Gartley patterns) and their projections. The indicator is equipped with a system of alerts and push notifications. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. 12 harmonic patterns: 7 classical and 5 exotic. New patterns will be added as the indicator develops. 2. Constant automatic search for harmonic patterns. The indicator is capable of finding from the smallest to the largest patterns. 3. Autom
Malaysian SNR Levels
Matthias Horst Pieroth
This indicator can be used to display Support and Resistance levels according to  the  Malaysian SNR concept , in which Support and Resistance are exact levels of a line chart. Malaysian SNR There are 3 different horizontal levels in Malaysian SNR: A-Level : This level is located at the peak of this line chart. (shape looks like the letter A) V-Level : Level at the valley of a line chart, (shape looks like the letter V) Gap-Leve l: This level is located at the Close/Open gap between two cand
Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.  "The South African Sniper indicator community are very happy with the indicator an
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Golden Spikes Detector
Batsirayi L Marango
5 (1)
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
Automatic Fibonacci Tool Fibonacci retracements is a popular instrument used by technical analysts to determine potential Support and Resistance areas. In technical analysis, this tool is created by taking two extreme points (usually a peak and a minimum) on the chart and dividing the vertical distance by the key Fibonacci coefficients equal to 23.6%, 38.2%, 50%, 61.8%, and 100%. Our Automatic Fibonacci Tool is programmed to make thigs easier. Using this tool, there is no need to explicitly set
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