Basic Support and Resistance Indicator

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What is this indicator?

This Basic Support and Resistance Indicator -Free- is designed to help traders automatically identify key market levels, such as supports and resistances, across multiple symbols and timeframes within the MetaTrader 5 (MT5) platform. It is an essential tool for trading in different financial markets, such as forex, indices, commodities, and cryptocurrencies.

Main Features

  1. Automatic Detection of Support and Resistance Levels:

    • Automatically analyzes key levels based on local highs and lows.
    • Uses an advanced algorithm to identify levels with greater accuracy .
  2. Support for Multiple Symbols and Timeframes:

    • Allows analysis of multiple currency pairs or assets at the same time (e.g., EURUSD, GBPUSD, USDJPY).
    • Works across multiple timeframes (M1, H1, H4, D1, etc.) .
  3. Customizable Settings:

    • Adjust the number of historical periods to look back ( LookbackPeriod ).
    • Define the minimum number of touches required to validate a level ( TouchesRequired ).
    • Set a tolerance in points to consider a touch ( TolerancePoints ) .
  4. Clear and Customizable Visualization:

    • Displays horizontal lines on the chart with customizable colors for supports (default blue) and resistances (default red).
    • Optionally displays labels with relevant information (symbol, timeframe, and number of touches) .
  5. Update Frequency:

    • Automatically updates every set number of seconds to reflect the latest levels .
  6. Easy to Use:

    • Does not require advanced technical experience, as it comes with default settings ready to use.
    • Ideal for both beginner and experienced traders .

Advantages of the Indicator

  • Saves Time: Automates the detection of key levels, avoiding hours of manual analysis.
  • Greater Accuracy: Uses advanced algorithms to identify levels with a high probability of success.
  • Flexibility: Adaptable to any trading style, whether intraday, swing trading, or long-term investing.
  • Free and Accessible: This indicator is available for free, making it a perfect tool for traders looking to improve their analysis without additional costs .

System Requirements

  • MetaTrader 5 platform installed.
  • Internet connection (optional, for automatic updates).
  • Compatible with Windows and mobile devices .

How to Use It

  1. Download and install the indicator on your MetaTrader 5 platform.
  2. Customize the parameters according to your preferences (symbols, timeframes, etc.).
  3. Apply the indicator to the chart of any asset and let it do the work for you.
  4. Use the detected levels to make informed trading decisions.

Why Choose This Indicator?

This indicator combines simplicity, effectiveness, and versatility, making it an indispensable tool for any trader looking to improve their technical analysis. In addition, being free, it is an accessible and useful option for all MetaTrader 5 users .

Download this indicator today and start trading with more confidence and precision!

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Presentazione       Quantum Breakout PRO   , l'innovativo indicatore MQL5 che sta trasformando il modo in cui scambi le zone di breakout! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni,       Quantum Breakout PRO       è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. Quantum Breakout Indicator ti fornirà frecce di segnalazione sulle zone di breakout con 5 zone target di
DayTrader PRO
Davit Beridze
5 (2)
DayTrader PRO DayTrader PRO è un indicatore di trading avanzato che combina il filtro Laguerre di John Ehlers con un potente motore di auto-ottimizzazione. Invece di utilizzare parametri fissi, l'indicatore ricerca automaticamente le migliori impostazioni in base alle condizioni recenti del mercato, aiutandoti ad adattarti alla volatilità variabile senza costanti aggiustamenti manuali. L'indicatore genera segnali chiari di ACQUISTO (BUY) e VENDITA (SELL), insieme a livelli adattivi di Stop Loss
Questo prodotto è stato aggiornato per il mercato 2026 e ottimizzato per le ultime build di MT5. AVVISO DI AGGIORNAMENTO PREZZO: Smart Price Action Concepts è attualmente disponibile a $200 . Il prezzo aumenterà a $299 dopo i prossimi 30 acquisti . OFFERTA SPECIALE: Dopo l’acquisto, inviami un messaggio privato per ricevere un bonus gratuito + regalo . Prima di tutto, vale la pena sottolineare che questo strumento di trading è un indicatore non-repainting, non-redrawing e non-lagging, il che lo
FX Power MT5 NG
Daniel Stein
5 (33)
FX Power: Analizza la Forza delle Valute per Decisioni di Trading Più Intelligenti Panoramica FX Power è lo strumento essenziale per comprendere la reale forza delle principali valute e dell'oro in qualsiasi condizione di mercato. Identificando le valute forti da comprare e quelle deboli da vendere, FX Power semplifica le decisioni di trading e rivela opportunità ad alta probabilità. Che tu segua le tendenze o anticipi inversioni utilizzando valori estremi di Delta, questo strumento si adatta
Smc Pro ToolKit
Talal N Z Aljarusha
5 (3)
SMC Pro ToolKit  is a professional chart-based Smart Money Concepts indicator for MetaTrader 5. It helps traders read market structure, identify key liquidity areas, organize trade context, and plan setups directly from the chart. This is not a simple buy/sell arrow indicator. It is a complete visual trading toolkit that combines Smart Money Concepts, multi-timeframe analysis, session context, setup planning, risk assistance, and professional dashboard tools in one clean workspace. Watch setup
The Oracle Pro
Ottaviano De Cicco
5 (1)
The Oracle Pro: Synthetic Multi-Timeframe Bias Engine for MT5 ️ Summer Launch Offer — Get The Oracle Pro for USD 199 (early buyers). Price rises with traction; final price USD 399. The Oracle Pro is a premium multi-timeframe bias engine for MetaTrader 5, built for demanding and professional traders. It answers one question with discipline: what is the directional bias on each timeframe right now, how strong is it, and how much do the timeframes agree? Everything is computed on closed bars only
Novità sul prodotto: Strategy Assistant è stato aggiornato alla nuova versione 1.9 con prestazioni più veloci, un'interfaccia professionale completamente ridisegnata e una migliore esperienza utente. Nota dello sviluppatore: Strategy Assistant è in continuo sviluppo con aggiornamenti e miglioramenti regolari. Prossimo aggiornamento: aggiunta di Strategy Agent (combinazioni intelligenti di più strategie di trading). Nota sul prezzo: Il prezzo attuale rimane a 50$ per i primi 100 utenti . Success
Btmm state engine pro
Garry James Goodchild
5 (4)
BTMM State Engine Pro is a MetaTrader 5 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
Altri dall’autore
Accuracy M1 Scalper MT5 v4.10 Accuracy M1 Scalper MT5 v4.10 Professional M1 Scalping with ZERO REPAINTING The only M1 scalping indicator on the Market that complies with the 8 strict rules of ZERO REPAINTING . It offers confirmed signals on 100% closed bars, 10+ multi-layer filters, a scoring system (0-100), a professional dashboard, divergence detection (regular and hidden), automatic Stop Loss/Take Profit, and Push/Mobile alerts. Designed to trade Forex, Indices, Metals, and Cryptocurrencies w
RangePulse ORB Expert Advisor RangePulse ORB is a high-performance institutional EA designed to trade Open Range Breakouts on indices with precision and discipline. Its architecture integrates quantitative filters, advanced risk management, and an AI‑ready decision module to maximize entry quality under real market conditions. 1. Core Strategy (ORB) The system core relies on a methodical execution of breakouts: Range Calculation: Defines the day's initial range and executes the breakout with co
Simple FIbo MT5
German Pablo Gori
> Elevate Your Trading Strategy   This free tool is just the beginning. At   code4trading , we specialize in developing high-performance indicators and Expert Advisors designed for precision and professional-grade analysis. Looking for more advanced features?   Discover our full suite of premium tools, including optimized signals, advanced oscillators, and institutional-grade trading utilities at our official MQL5 store. > Explore the full catalog here:   https://www.mql5.com/en/users/pablog
FREE
MacD Custom Indicator MTF Plus is a professional MetaTrader 5 port of the original " CM_MacD_Ult_MTF " indicator created by ChrisMoody for TradingView . This version was developed by code4trading for Free provide the MT5 community with high-quality, free access to this proven methodology. Original Concept: ChrisMoody (TradingView) MT5 Development: code4trading Version: 1.0 The Moving Average Convergence Divergence (MACD) is a cornerstone of technical analysis, functioning as a trend-following m
FREE
Advanced 4-timeframe stochastic alignment indicator with non-repainting signals, MTF dashboard, scoring system, and 8 signal types. Professional-grade. Market-ready. The most complete multi-stochastic signal indicator for MetaTrader 5. Stoch Quad Rotation Signal detects high-probability trading opportunities by analyzing the simultaneous alignment of four stochastic oscillators running at different speeds — from fast scalping-level to slow macro-trend level. When all four agree, the signal ca
SUITE TRINITY v3.3 -- Institutional Trading Integrated Solution for MetaTrader 4 Suite Trinity v3.3 is a comprehensive, professional-grade technical analysis indicator designed for MetaTrader 4 that consolidates four powerful analytical modules into a single, unified tool. Developed for serious traders who demand institutional-level market insight without the complexity of managing multiple separate indicators, Trinity Suite delivers actionable intelligence directly on the chart through an eleg
Squeeze Momentum Force is an advanced technical analysis indicator designed for MetaTrader 5. It combines volatility squeeze detection with momentum analysis to identify high-probability trading opportunities. Based on John Carter's original concept, this enhanced version incorporates: Multi-Timeframe (MTF) analysis. Divergence detection. Volume weighting. Modern user interface for quick market interpretation. The indicator identifies periods of low volatility (squeeze) that typically precede si
FREE
The Strategies of the World's Most Successful Traders in a Single Indicator Professional Alpha Traders Strategies MT5 is an advanced indicator that compiles the most successful and proven trading methodologies from five legendary traders. This indicator represents decades of experience condensed into a professional tool for real-time opportunity detection. Each strategy has been meticulously programmed following the original rules established by their creators, respecting the trading philosophy
FREE
> Elevate Your Trading Strategy This free tool is just the beginning. At code4trading, we specialize in developing high-performance indicators and Expert Advisors designed for precision and professional-grade analysis. Looking for more advanced features? Discover our full suite of premium tools, including optimized signals, advanced oscillators, and institutional-grade trading utilities at our official MQL5 store. > Explore the full catalog here: https://www.mql5.com/en/users/pablogx9/seller
FREE
XAUUSD Gold Master Indicator v5.0 Premium Gold Trading Suite for MetaTrader 5 Overview Gold Master v5.0 is a professional-grade, all-in-one trading indicator engineered exclusively for XAUUSD (Gold) on MetaTrader 5. Every parameter, threshold, filter, and calculation has been purpose-built and calibrated for Gold's unique price behavior, volatility profile, and market sessions — making it one of the most specialized Gold trading tools available on the MQL5 Market. This is not a generic multi-ass
> Elevate Your Trading Strategy   This free tool is just the beginning. At   code4trading, we specialize in developing high-performance indicators and Expert Advisors designed for precision and professional-grade analysis. Looking for more advanced features?   Discover our full suite of premium tools, including optimized signals, advanced oscillators, and institutional-grade trading utilities at our official MQL5 store. > Explore the full catalog here:  https://www.mql5.com/en/users/pablogx9/
FREE
Stoch Quad Rotation Signal MT4 The Stoch Quad Rotation Signal is an advanced technical indicator for MetaTrader 4 that integrates multiple Stochastic oscillators with powerful trend, volume, and pattern filters, along with a scoring system and multi-timeframe analysis. Designed to identify high-probability trading opportunities with clarity and precision. Main Features: Quadruple Stochastic Analysis: Utilizes four distinct configurations of the Stochastic oscillator (with customizable K, D, and
> Elevate Your Trading Strategy   This free tool is just the beginning. At   code4trading , we specialize in developing high-performance indicators and Expert Advisors designed for precision and professional-grade analysis. Looking for more advanced features?   Discover our full suite of premium tools, including optimized signals, advanced oscillators, and institutional-grade trading utilities at our official MQL5 store. > Explore the full catalog here:  https://www.mql5.com/en/users/pablogx9/s
GoldMiner EA Pro MT5 - Advanced Neural Trend Trading for XAUUSD SUMMARY Unlock the power of automated gold trading with GoldMiner EA Pro, a high-precision Expert Advisor specifically designed for the unique volatility of XAUUSD. Unlike generic bots, GoldMiner uses a proprietary confluence engine that combines institutional trend following with real-time volume validation to capture high-probability moves. WHY GOLDMINER EA PRO? Precision Entry Engine: Uses multi-level analysis (EMA, RSI, MACD)
Apex Swing VWAP is an advanced indicator for MetaTrader 5 that combines VWAP (Volume Weighted Average Price) analysis with automatic detection of significant swing points. This combination provides accurate market sentiment insight and potential reversal points. Key Features Integrated Technical Analysis - Dynamic VWAP from relevant swing points - Historical VWAP for long-term trend analysis - Multiple configurable VWAP periods Recommended Trading Types - Swing Trading for medium-term trends -
Scanner Intelligence Hub - Multi-Active Monitoring 28+ Pairs   Stop jumping from one chart to another.   Scanner Intelligence Hub   is the ultimate command center for the professional trader. Monitor dozens of assets and multiple timeframes from a single dashboard. Technical Capabilities: Real-time scanning:   It detects candlestick patterns, mean crossovers, and RSI levels in 28 pairs simultaneously. Customizable Panel:   Choose which indicators and timeframes you want the Scanner to monitor f
EurUsd PRO
German Pablo Gori
EUR/USD PRO — Institutional Composite Indicator A professional-grade indicator optimized specifically for EUR/USD, integrating institutional analysis concepts into a single tool. This system combines DXY MTF analysis, session-based VWAP, ADR/ATR metrics, market structure (BOS/CHOCH), SMC (FVG/OB), cross-asset correlations, and a confluence panel with a floating signal. It features a Neumorphic UI with movable panels, pip-calculated spread display, and structured logging. Designed for universal
QuantFusion BTC Pro  is a professional-grade, multi-dimensional trading indicator optimized for Bitcoin/USD markets. By integrating advanced technical analysis, smart money concepts, and intelligent signal filtering, the indicator is designed to deliver high-probability trading signals. Its Multi-Category Alignment System requires confirmation from independent technical categories to validate entries and minimize false signals. Advanced Signal Generation System Dual-Level Quality: Generates stan
Professional Trading System Optimized for Brent Crude Oil Alpha Brent Strategy Tools is a comprehensive technical analysis indicator specifically designed and optimized for trading Brent Crude Oil. This advanced system combines multiple proven trading methodologies, including Smart Money Concepts (SMC), Volume Spread Analysis (VSA), Multi-Timeframe Analysis, and the powerful Kurisko 4-Stochastic System, to provide high-probability trading signals. Key Features 1. Brent-Specific Optimization Vol
PRECISIONFLOW EURUSD SCALPER  is an EXPERT ADVISOR (EA) designed for the METATRADER 5 platform. It operates fully automatically and integrates an advanced risk management system with adaptive filters. The system allows for high customization, enabling users to adjust operations according to their risk tolerance, execution style, and specific broker conditions. TRADING LOGIC AND STRATEGY This Expert Advisor identifies buy and sell opportunities by combining the following technical elements: STRU
SMC Liquidity MAX MT5 is an advanced Smart Money Concepts (SMC) indicator designed for intraday and swing traders seeking a clear and structured market reading. It integrates the key components of the institutional approach—structure, liquidity, and volume—into a single panel with real-time, optimized visualization. Core Features Market Structure: Automatic identification of BOS (Break of Structure) and CHoCH (Change of Character). Imbalance Zones: Fair Value Gaps (FVG) with automatic mitigatio
**Risk Guard Dashboard MT5 (EA) – Scanner + Risk Manager + Execution Panel** Risk Guard Dashboard MT5 is a professional assistant for MetaTrader 5 that integrates into a single panel: a multi-timeframe scanner, Prop Firm-style risk control, performance statistics, and an execution panel. Designed with institutional aesthetics, high readability, and optimized performance for monitoring multiple symbols in real-time. **Main Features** • **Multi-symbol and Multi-timeframe Scanner:** simultaneou
Elevate Your Trading with code4trading Premium Tools This free indicator is a sample of our commitment to quality. If you find this tool useful, we invite you to explore our Premium Professional Suite. Our paid products offer advanced institutional-grade features, optimized algorithms, and exclusive technical support designed to give you a definitive edge in the markets. Visit our full catalog here:  https://www.mql5.com/en/users/pablogx9/seller ChartTrade Commander PRO MT5  is the ultimate s
IndexViz Pro MT5
German Pablo Gori
>   Institutional Grade Multi-Index Adaptive Indicator IndexViz Pro MT5 is a professional-grade, multi-index adaptive indicator designed for traders who demand institutional-level analysis across multiple markets simultaneously. Built for MetaTrader 5, IVP combines over 20 analytical modules into a single, unified visual dashboard that monitors stock indices, synthetic indices, commodities, forex pairs, and cryptocurrencies in real time. Unlike conventional indicators that analyze a single instr
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