PZ Support Resistance

3.33

Unlock key market insights with automated support and resistance lines

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | 👉 Get Help ]

  • Boost your technical analysis
  • Customizable timeframe selection
  • Read price levels from the timeframe of your choosing
  • Detect important price levels without browsing through charts
  • Recognize the relative strength of all price levels at a glance
  • Save up to half an hour of plotting lines for every trade
  • The indicator displays the age of all price levels

Price levels are collapsed by proximity and adjusted to the current market action.

  • Price levels get darker and wider as they get rejected over time
  • Unimportant price levels are cleared regularly to avoid noise
  • It implements email/sound/push alerts for breakouts and false breakouts

Input Parameters

  • Timeframe: Choose the period to read price data from. Can be current or higher.
  • Period: Zigzag period used to read price points from. Zero means the indicator will choose the best period.
  • ATR Period: ATR period used to collapse prices by proximity.
  • ATR Multiplier: ATR multiplier used to collapse prices by proximity. A higher value will produce less lines.
  • Max History Bars: Amount of past bars to iterate in the indicator finding prices.
  • Color Settings: Enter your desired colors for support and resistance lines based on importance.
  • Label Settings: Display or hide age labels and customise colors and sizes.
  • Alerts: Enable display/email/push/sound alerts for breakouts and fake breakouts.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Recensioni 4
alisabar
446
alisabar 2016.05.24 13:36 
 

At D1 it works quite well.

gmackinnon
141
gmackinnon 2015.08.25 19:06 
 

Very useful indicator.

Works well if you follow the instructions on the website.

Monthly levels and higher are very clear support resistance areas.

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Ivan Stefanov
5 (3)
Strumento per market maker. Meravith: Analizzerà tutti i timeframe e mostrerà il trend attualmente in corso. Evidenzierà le zone di liquidità (equilibrio dei volumi) dove i volumi rialzisti e ribassisti sono uguali. Mostrerà tutti i livelli di liquidità dei diversi timeframe direttamente sul grafico. Genererà e presenterà un’analisi di mercato testuale a scopo di riferimento. Calcolerà obiettivi, livelli di supporto e punti di stop-loss in base al trend attuale. Calcolerà il rapporto rischio/ren
Introducing the Delta Volume Profile Indicator - Unleash the Power of Institutional Precision!  Technical Indicator: Are you ready to trade like the pros? The Delta Volume Profile Indicator is no ordinary tool. It’s a high-precision, cutting-edge indicator that puts the power of institutional-grade trading in your hands. This unique indicator analyses delta volume distribution in real-time, revealing the market's hidden buy/sell imbalances that the biggest financial institutions rely on to antic
CyberZingFx Volume Plus
Afsal Meerankutty
4.94 (17)
Advanced version of CyberZingFx Volume Plus, the ultimate MT4 indicator for traders seeking highly accurate buy and sell signals. With an additional strategy and price action dot signals that enhances its effectiveness, this indicator offers a superior trading experience for professionals and beginners alike. The CyberZingFx Volume Plus Advanced version combines the power of volume analysis and historical price data with an additional strategy, resulting in even more precise and reliable signals
Segnale GoldRush Trend Arrow L'indicatore GoldRush Trend Arrow Signal fornisce un'analisi precisa e in tempo reale dei trend, pensata appositamente per gli scalper ad alta velocità e a breve termine nel mercato XAU/USD. Progettato specificamente per il timeframe di 1 minuto, questo strumento mostra frecce direzionali che indicano chiari punti di ingresso, consentendo agli scalper di navigare con sicurezza nelle condizioni di mercato volatili. L'indicatore è composto da frecce di avviso PRIMA
Pulse Scalping Line - an indicator for identifying potential pivot points. Based on this indicator, you can build an effective Martingale system. According to our statistics, the indicator gives a maximum of 4 erroneous pivot points in a series. On average, these are 2 pivot points. That is, the indicator shows a reversal, it is erroneous. This means that the second signal of the indicator will be highly accurate. Based on this information, you can build a trading system based on the Martingale
System Trend Pro
Aleksandr Makarov
5 (2)
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!  The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the opposite
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PZ TRADING SLU
3.71 (7)
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PZ TRADING SLU
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PZ TRADING SLU
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PZ TRADING SLU
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PZ TRADING SLU
4.51 (35)
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PZ TRADING SLU
2 (4)
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PZ TRADING SLU
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PZ TRADING SLU
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PZ TRADING SLU
4 (1)
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PZ TRADING SLU
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PZ TRADING SLU
4.67 (6)
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PZ TRADING SLU
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PZ TRADING SLU
5 (4)
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PZ TRADING SLU
4.91 (22)
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PZ TRADING SLU
4.5 (12)
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This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works f
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PZ Sandwich Bars MT5
PZ TRADING SLU
5 (3)
Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/
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PZ Three Drives
PZ TRADING SLU
5 (2)
This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It impl
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PZ Trendlines
PZ TRADING SLU
4.27 (11)
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PZ Pivot Points
PZ TRADING SLU
4.6 (10)
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Mode
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The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as
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PZ The Zone
PZ TRADING SLU
4.33 (3)
This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in t
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PZ MACD Trader EA
PZ TRADING SLU
4.13 (8)
This EA is a flexible and powerful metatrader expert advisor that trades using the MACD indicator and implements many useful features. It can trade using the MACD indicator alone, or donchian breakouts confirmed by the MACD indicator from any timeframe. Additionally, it offers a martingale feature and forex session filters. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable settings Customizable break-even, SL,
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Filtro:
alisabar
446
alisabar 2016.05.24 13:36 
 

At D1 it works quite well.

PZ TRADING SLU
845266
Risposta dello sviluppatore Arturo Lopez Perez 2021.04.28 02:01
Many thanks.
gmackinnon
141
gmackinnon 2015.08.25 19:06 
 

Very useful indicator.

Works well if you follow the instructions on the website.

Monthly levels and higher are very clear support resistance areas.

PZ TRADING SLU
845266
Risposta dello sviluppatore Arturo Lopez Perez 2021.04.28 02:01
Many thanks.
pvanam46
21
pvanam46 2015.04.17 20:29 
 

Excellent indicator giving support and resistance levels at a glance. Well worth the money

PZ TRADING SLU
845266
Risposta dello sviluppatore Arturo Lopez Perez 2021.04.28 02:02
Many thanks.
Happy Mans World
1447
Happy Mans World 2014.12.26 17:47 
 

Average SR Indicator, and not worth the money paid for it.

PZ TRADING SLU
845266
Risposta dello sviluppatore Arturo Lopez Perez 2021.04.28 01:59
Please update. I hope this update is worth a better review.
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