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4985  

Hello Arturo,

Please can you help me understand why all support and resistance levels are not highlighted by the tool?  There are clearly other support and resistance levels on this dummy example but the tool does not highlight them... Why is that?  When I change the time frame, these high and lows are considered but when lengthening the time frame of the chart, the tool doesn't highlight them anymore.

Also - could you please help me understand the difference between the colours assigned? Why is one of the lines plotted Red while the others are in a green shade?  Does it have something to do with relevance of that support or resistance level or is it related to the time frame?

Thank You,

James

example screen shot

plumbob  

I purchased PZ support resistance for MT5 over a year ago now and I am still having trouble setting it up

I don't know if you're still supporting SUPPORT RESISTANCE MT5 but I would like to know if there is any way I can just show the DAILY  support and resistance levels on hourly charts . Also is there any chance that this indicator is going to be updated and have as many enhancements as the MT4 version . I look forward to your reply


Best regards Dave Cartlich

Arturo Lopez Perez  
4985:

Hello Arturo,

Please can you help me understand why all support and resistance levels are not highlighted by the tool?  There are clearly other support and resistance levels on this dummy example but the tool does not highlight them... Why is that?  When I change the time frame, these high and lows are considered but when lengthening the time frame of the chart, the tool doesn't highlight them anymore.

Also - could you please help me understand the difference between the colours assigned? Why is one of the lines plotted Red while the others are in a green shade?  Does it have something to do with relevance of that support or resistance level or is it related to the time frame?

Thank You,

James


Because they are collapsed by proximity using ATR. Decrease the SmoothFactor parameter to see more lines.
Arturo Lopez Perez  
plumbob:

I purchased PZ support resistance for MT5 over a year ago now and I am still having trouble setting it up

I don't know if you're still supporting SUPPORT RESISTANCE MT5 but I would like to know if there is any way I can just show the DAILY  support and resistance levels on hourly charts . Also is there any chance that this indicator is going to be updated and have as many enhancements as the MT4 version . I look forward to your reply


Best regards Dave Cartlich

This was my original approach but created confusion and lack of consistency of results. I rather leave it each timeframe, their own SR lines.
[Eliminato]  
two days I am fighting with mq and the author, not clear info about the promotion, I can not download the program. I definitely do not recommend.
File:
problem.png  19 kb
Arturo Lopez Perez  
Michał Lech:
two days I am fighting with mq and the author, not clear info about the promotion, I can not download the program. I definitely do not recommend.
You don't have to fight me. Please open a support ticket in the helpdesk that is an activation problem that needs to be fixed by mql5.com.
Taffylola  

Hi I have just purchased your support and resistance levels 


Are the default settings recommended for the most accurate S&R levels?


Thanks 

Taffylola  
Taffylola:

Hi I have just purchased your support and resistance levels 


Are the default settings recommended for the most accurate S&R levels?


Thanks 

can you also please tell em what the black dotted lines mean? Thanks 

Arturo Lopez Perez  
Taffylola:

Hi I have just purchased your support and resistance levels 

Are the default settings recommended for the most accurate S&R levels?

Thanks 

The recommended settings are default settings, for H4 and above.

Arturo Lopez Perez  
Taffylola:

can you also please tell em what the black dotted lines mean? Thanks 

The black dotted lines are short-term sr levels only. Not confirmed, but short-term, meaning that on the short-term they are important.
Tenh Jin Ren  
what is a good setting to trade in h1 and m15 timeframe?
PANTERA24  

Me podrían ayudar como puedo tener las líneas rojas o que configuración es


milandaamji  

hi 

i just bought this indicator but it is not working on volatility 75 index from deriv. 


please help


thanks

Varinder Singh  

Hi,

I'm trying to put multiple instances of PZ Support Resistance MT5 indicator on a chart so that I can have for eg. 1 instance configured for 1D TF, another for 1H TF and last for the current TF. It seems only the last indicator instance is active at any time rest are all removed.. Is it possible to have multiple instances of this indicator based on some param settings or by you making some changes to the code?

Solo gli utenti che hanno acquistato o noleggiato il prodotto possono lasciare commenti
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