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Automated Support Resistance Screener

5

The ASRS is a powerful support and resistance custom indicator that can help traders determine the level of support and resistance values. This indicator is built using the MQL4 programming language and is used in the MetaTrader 4 platform. Metatrader 4 (MT4) doesn't provide any support and resistance indicator, making ASRS an essential tool for traders.

This indicator also suitable for all time frames and all markets, including indices, forex, and more.

ASRS can works intelligently and accurately by screening the best support and resistance values in a given price range. The indicator uses special calculations like screen method and complex algorithms that make it unique and reliable. This makes it a perfect tool for both new and professional traders.

You can proof how good this indicator is by comparing this indicator with other support resistance indicators in MQL5.com market.

The input settings are customiable, allowing traders to adjust maximum line numbers, support resistance bars, ATR period, divisor value and others. The maximum line numbers can be set between 8 or 12 lines, with the number of positions determined by the divisor value. For example, if you use a divisor value of 100 and set the maximum line numbers to 12, there will be (12 x 100) 1200 line positions available, with only the best positions occupied.

The input styles include line color, size and pop up alert giving traders the freedom to customize the indicator to their preference. Input Settings:

-Max_Lines_Number

-SR_Bars

-ATR_Period

-Divisor_Value

Note: The divisor value divides the range of each buffer. 

-Adjustable_Fractal_Function

-Bars_Before_Fractal

-Bars_After_Fractal

-Pop_Up_Alert


Input styles:

-Lines_Color

-Lines_Size

-Fractals_Color

-Fractals_Size


The latest update of Automated Support Resistance Screener, (MQL4, MT4), version 1.6 has been completed on 18/August/2023.

Functions improvements based on result of our research have been carried out to improve the performance of this indicator.


Always trade wisely and use proper money management strategies. Good luck!



Avis 1
alfy87
895
alfy87 2023.09.01 01:39 
 

a keeper

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LT Gzeta EA MT4 is an expert advisor that works based on simple support resistance, chart pattern and ATR calculations. This EA is a free version of Zeta EA MT4 because the main strategy is same. Using this EA, pair AUDUSD in time frame H4 is the best performance. If you want to get much better result, high recommended to use Zeta EA MT4, because it has better function and better performance. Zeta EA MT4 has good performance at all pairs, period H1 since 2017, january until 2023, december ht
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LT Automated Support Resistance Screener is a level indicator or a support resistance indicator that can be used to determine the level of support and resistance values. This indicator is free and easy to used in the Metatrader 4 platform which is built using the MQL4 programming language. Support resistance indicator is an important indicator that is often to used, but it is not available on the MT4 platform. This indicator can be used for all markets like forex, indices, gold etc and all time
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Super Trend is one of the most popular custom indicators that it doesn't provided in metatrader 4 (MT4) platform. Rainbow SuperTrend  has some advantages, there are can display the trend direction and stop loss line based on Average True Range (ATR). This indicator is good to used for trailing stop trading style, because when the price direction is trending the stop loss point can adjust based on supertrend line. It is the high recommended to using this indicator combined with oscillator indicat
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Exponential Moving Average (EMA) is an indicator that often be used by traders. Combination of two or three EMA indicators often applied to determine trend direction. Multiple EMA combined with fractals or oscillator indicator to detect overbought/oversold and divergence point also great to do in trading system. If you like EMA indicator and want to get better indicator, highly recommended using EMA SuperTrend Strategy Indicator if you want to get better result in here: https://www.mql5.com/
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Exponential moving average (EMA) and super trend are popular and good indicators that is often and used to determine the trend direction. One of the best trading strategies with trailing stop is trading strategy with using a combination of Exponential Moving Average (EMA) and Super Trend indicators. EMA SuperTrend Strategy Indicator is the indicator consist of  EMA, Super Trend and Alert function also other calculations are needed. It's also has extra indicator there are Automated Fibonacci Retr
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Zeta EA MT4 is an expert advisors that built based on chart patterns, unique ATR calculaltion, simple support resistance and adjustable fractals. This EA has been tested theoretically and practically through backtesting in many pairs (currency) and timeframes (especially H1, H4 and D1). We recommended to carry out backtesting first by setting the initial deposit and lots_minimum based on existing financial condition and market.  Why Zeta EA MT4 version 1.7 is so good? There are many reasons
Luna EA MT4 is an expert advisor that works based on chart pattern, simple support resistance and candle range. This EA has been comprehensively tested in many pair/currencies, time frame H1, H4 and D1 and shows excellent results. Based on the backtest results, it shows that in all main pairs (EURUSD, GBPUSD, AUDUSD, USDJPY, and USDCHF) and timeframe H1, H4 and D1 since 2017 to early2024 get positive profit results. We   recommended to carry out backtesting first by setting the initial deposit a
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alfy87
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alfy87 2023.09.01 01:39 
 

a keeper

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Version 1.6 2023.08.18
The latest update of Automated Support Resistance Screener indicator, version 1.6 has been completed on 18/August/2023.
Version 1.5 2023.07.18
The latest update of Automated Support Resistance Screener, version 1.5 has been completed on 18/July/2023
Version 1.4 2023.03.17
Optimization of Automated Support Resistance Screener has been down to version of 1.4.
Version 1.3 2023.02.26
Addition of Max Line Numbers option and other has been done.
Version 1.2 2023.02.26
Addition of Max_Line_Numbers option and others has been done.
Version 1.1 2022.11.24
Optimization of setting input