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TrackingLevels

TRACKINGLEVELS (SUPPORTS AND RESISTANCES)

TrackingLevels is a useful indicator that saves considerable time when a trader starts analyzing a chart. This indicator draw on the chart all the resistances and supports that the market is creating.

The resistance and support levels are very important, this levels define areas where there can be a considerable accumulation of sell or buy orders. These are a key areas that every trader must know and keep in mind all the time. This indicator helps the trader to avoid erros when open or close orders to profit taking, adjust stops, etc.

You will also have the levels organized and grouped by colors, size and relevance. These levels can be easily monitored to make better decisions to open and close orders, take profits, place stops, etc. Parameters configuration is very simple.

INPUT PARAMETERS:

GENERAL:

  • Activate Resistance Levels: It activates visualization of the resistance levels.
  • Activate Support Levels: It activates visualization of the support levels.
  • Period: Number of candles that the indicator will consider to perform various intermediate calculations, necessary to correctly define the levels. Recommended value is 15.
  • Calculation Range (bars number). Range of candles to perform the calculation. The user can define from which point in the past he wants the indicator to start showing the different levels (supports and resistances). It is not recommended to parameterize a very high value because the graph would be filled with lines that do not allow to clearly visualize the evolution.
  • Levels Grouping Factor.


ALERTS:

  •     Activate messages (email)
  •     Activate notifications (metatrader application)
  •     Activate sound


SOUNDS:

Recomend to create the folder "\Files\Sounds\" and copy inside the different sound files.

  •     Sound file path (test): If the price test a level.
  •     Sound file path (breakout): If the price breakout a level.
  •     Sound file path (destroyed): If the price confirm a breakout level.


FEATURES:

Representation of support and resistance levels generated from a specific point in the candlestick history. Identification by color and width of the most relevant levels (number of tests). Identification by means of the object label of the following information:

  •     LEVEL TYPE (support and resistance),
  •     Date and time of the event,
  •     Maximum and minimum value of the confluence zone or level range,
  •     Number of times the level has been tested without being passed


       Example:
       SUPPORT
       2023.04.19 14.00.00
       1979.39 - 1969.20
       Tested: 8 times

Different alerts (notifications, sounds, emails). These alerts describe complete information about the level and the event type (test, breakout, breakout confirmated/destroy)

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MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Tout d'abord, il convient de souligner que ce système de trading est un indicateur non repainting, non redrawing et non lagging, ce qui le rend idéal pour le trading professionnel. Le "Système de Trading de Support et Résistance Intelligent" est un indicateur avancé conçu pour les traders novices et expérimentés. Il permet aux traders de bénéficier de précision et de confiance sur le marché du forex. Ce système complet combine plus de 7 stratégies, 10 indicateurs et diverses approches de trad
Gartley Hunter Multi
Siarhei Vashchylka
5 (5)
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all classic timeframes: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all classic timeframes 3. Search for patterns of all possible sizes. Fr
TrendDecoder Premium MT5
Christophe, Pa Trouillas
5 (1)
Identifiez les ranges et les tendances fortes  |  Obtenez les premiers signaux   |    Obtenez des TP et des sorties   clairs   |    Repérer les niveaux Fibo que le prix va tester   |  Indicateur qui ne retrace pas, non retardé - idéal pour le trading manuel et automatisé - adapté à tous les actifs et à toutes les unités de temps - 50% discount   pour le lancement - puis retour à >>   149 $ Après votre achat,   contactez-moi sur ce canal  pour obtenir les réglages recommandés. Version MT4 :   cli
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
Trend Line Map Pro MT5
STE S.S.COMPANY
4.67 (9)
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
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SmartMass
Roberto Alvarez
5 (2)
SMARTMASS INDICATOR This indicator is different from all known volume indicators. It has a significant distinction; it is an algorithm that relates price movement to volume, attempting to find proportionality and efficient movement while filtering out noise and other movements that are more random and do not follow a trend or reversal. Ultimately, it reveals the true strength of the movement, indicating whether it has genuine support from bulls or bears or if it's merely a high-volume movement
SMARTMASS INDICATOR This indicator is different from all known volume indicators. It has a significant distinction; it is an algorithm that relates price movement to volume, attempting to find proportionality and efficient movement while filtering out noise and other movements that are more random and do not follow a trend or reversal. Ultimately, it reveals the true strength of the movement, indicating whether it has genuine support from bulls or bears or if it's merely a high-volume movemen
TrackingLevels MT4
Roberto Alvarez
5 (1)
TRACKINGLEVELS (SUPPORTS AND RESISTANCES) TrackingLevels is a useful indicator that saves considerable time when a trader starts analyzing a chart. This indicator draw on the chart all the resistances and supports that the market is creating. The resistance and support levels are very important, this levels define areas where there can be a considerable accumulation of sell or buy orders. These are a key areas that every trader must know and keep in mind all the time. This indicator helps th
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Version 2.2 2023.11.25
1. Some code improvements have been added to optimize line widths.
2. Minor bug fixes
Version 2.1 2023.06.04
1. The visualization of support and resistance zones is improved.
Version 2.0 2023.05.25
1. Improved algorithm for defining the size and display of levels.
2. Enhanced efficiency of data structures.
Version 1.90 2023.05.15
1. Improving data recovery after a disconnection
2. Fixed minor errors
Version 1.80 2023.05.07
1. Improvements in the calculation of support and resistance levels.
2. Adjustments in the information displayed in the labels of each level.
Version 1.70 2023.05.02
1. Improvements to avoid insignificant levels too close to the current price value.
2. More efficient code.
Version 1.60 2022.10.29
1. New code to recover levels after a temporary suspension in indicator execution
2. Level grouping improvements
3. Potential minor memory leaks eliminated
Version 1.50 2022.09.08
1. Indicator startup improvements. Less computation time and more efficiency.
2. Minor fixed bugs
Version 1.40 2022.09.06
1. New parameter added "Levels Grouping Factor".
2. New visual aspect of window parameters.
3. Fixed some minor bugs.
Version 1.30 2022.09.03
1. Improved system for drawing levels at trading ranges and avoid overlaps.
2. Improved algorithmit code. More efficient.
3. Correction of some minor bugs.
Version 1.20 2022.08.17
1. Optimized memory resources
2. Add color options in parameters table
3. Enhanded supports and resistances detection
Version 1.1 2022.08.15
1. Enhanded colors
2. Add indicator description