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PZ Support Resistance

3.33

Unlock key market insights with automated support and resistance lines

Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details)

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 ]

  • 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.


Buy today and unlock exclusive bonuses!

    Purchase this indicator now and receive the following bonuses (total value: $89):
    • PZ Supply Demand Indicator (worth $75)

    To claim these bonuses, simply send me a private message. I will provide the bonuses to actual buyers of the indicator. To ensure it is you, please leave a review for the product first, or alternatively, provide the mql5 operation number of your purchase. I'll get back to you with your bonuses as soon as possible.

    The price of this indicator might increase next week!

    We've introduced dynamic pricing for this indicator to reflect its true market value. With each sale, the price increases by $1, rewarding early buyers. If no sales occur within a week, the price resets to the original rate, with prices updated every Monday. This model lets the market decide the product's value, but there’s always a chance to grab your desired tools at a cheaper price if you prefer to wait.


    Author

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

    Recensioni 4
    alisabar
    444
    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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    Marzena Maria Szmit
    3.67 (3)
    Indicatori
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    Bogdan Ion Puscasu
    4.64 (36)
    Indicatori
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    Oleksii Ferbei
    Indicatori
    The Forex indicator   TrendNavigator   is a technical indicator. TrendNavigator is a tool that allows traders employing this strategy to better understand what is happening in the market and predict in which direction the price will continue to move. The indicator's values are calculated based on price movements of the currency pair or any other financial asset. Within the scope of technical analysis, the TrendNavigator indicator is used by traders to forecast future price values or the overall
    Royal Scalping Indicator M4
    Vahidreza Heidar Gholami
    4.17 (6)
    Indicatori
    Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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    Elmira Memish
    4.39 (36)
    Indicatori
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    AV Stop Hunter
    Anja Vivia Vogel
    Indicatori
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    KT Day Trading MT4
    KEENBASE SOFTWARE SOLUTIONS
    Indicatori
    KT Day Trading MT4 provides simplified Buy and Sell signals using a combination of some specific candlestick patterns occurring in the market exhaustion zones. These signals are designed to identify market reversals and entry/exit points. The indicator can be used to trade on any timeframe from the 1 Minute up to the Daily chart. Features Three types of entry signals according to the market structure i.e. Trend following, Range bound, and Counter trend signals. Crystal clear Entry, Stop-L
    RealValueIndicator EURUSD
    KERT RAEBOVOITRA
    Indicatori
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    NAM TECH GROUP, CORP.
    5 (1)
    Indicatori
    MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
    Gann Signal Scaner
    Kirill Borovskii
    Indicatori
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    Bernhard Schweigert
    4.56 (9)
    Indicatori
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    Tumelo Patrick Rakotsoane
    4.59 (46)
    Indicatori
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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
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    PZ TRADING SLU
    Experts
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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
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    PZ Lopez Impulse
    PZ TRADING SLU
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    Transform your trading approach with reliable bullish and bearish patterns This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue histogram represents the bullish impulse The red histogram represents the bearish impulse The
    PZ Market Sentiment
    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
    4 (5)
    Indicatori
    Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizabl
    PZ Supply Demand
    PZ TRADING SLU
    3 (2)
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    Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies
    PZ Correlation
    PZ TRADING SLU
    5 (1)
    Indicatori
    In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated instruments Cor
    PZ Risk Management
    PZ TRADING SLU
    5 (1)
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    This indicator monitors the vital constants of your trading account to keep it healthy and away from excessive risks. It monitors all trades, absolute exposure, account floating point and leverage currently in use, using different color codes for your interpretation.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to understand The indicator is clean and simple It calculates exposure by pairs and currencies Keep your used leverage controlled at all ti
    PZ Trendlines
    PZ TRADING SLU
    Indicatori
    Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, software engineer an
    PZ Pivot Points
    PZ TRADING SLU
    Indicatori
    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 ] 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 Modes The indic
    Filtro:
    alisabar
    444
    alisabar 2016.05.24 13:36 
     

    At D1 it works quite well.

    PZ TRADING SLU
    796718
    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
    796718
    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
    796718
    Risposta dello sviluppatore Arturo Lopez Perez 2021.04.28 02:02
    Many thanks.
    Happy Mans World
    1443
    Happy Mans World 2014.12.26 17:47 
     

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

    PZ TRADING SLU
    796718
    Risposta dello sviluppatore Arturo Lopez Perez 2021.04.28 01:59
    Please update. I hope this update is worth a better review.
    Rispondi alla recensione
    Versione 7.0 2024.07.19
    Housekeepig update
    Versione 6.4 2021.04.28
    - Improved alerts
    Versione 6.2 2021.04.28
    - Small improvements.
    Versione 6.0 2021.04.28
    - Improved level detection
    - Improved grouping by atr
    - Improved inputs
    Versione 4.2 2020.10.20
    Recompiled with minor changes
    Versione 4.0 2017.02.10
    - Simplified inputs
    - Changed to horizontal lines instead of trend lines
    Versione 3.0 2016.05.25
    - Added timeframe selection
    - Added a free collapse factor value
    - Added peak to valley ratio

    Now you can see SR lines from higher timeframes in lower ones.
    Versione 1.2 2014.10.07
    New feature: the indicator now displays the age of every support and resistance line with daily granularity. This is especially useful in small timeframes.
    Versione 1.1 2014.02.17
    Important bug fixed that arised after MT4 buil 600 update.
    The indicator crashed on W1 and MN1 charts.