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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Ogni acquirente dell’indicatore riceverà inoltre gratuitamente: L’utilità esclusiva “Bomber Utility”, che gestisce automaticamente ogni operazione, imposta i livelli di Stop Loss e Take Profit e chiude le posizioni secondo le regole della strategia I file di configurazione (set file) per adattare l’indicatore a diversi asset I set file per configurare il Bomber Utility in tre modalità: “Rischio Minimo”, “Rischio Bilanciato” e “Strategia di Attesa” Una guida video passo-passo per installare, con
SR Liquidity   è un indicatore di trading progettato per individuare le zone nascoste in cui si concentra la liquidità di mercato e dove il prezzo reagisce con maggiore intensità. Queste aree di liquidità agiscono come potenti livelli di supporto e resistenza, offrendo una mappa chiara dei punti in cui è più probabile che il mercato inverta la propria direzione. Invece di tracciare le classiche linee di supporto e resistenza, SR Liquidity analizza l'effettivo comportamento dei prezzi per individ
Accesso ufficiale all'ecosistema BlueDigitsFx Ricevi aggiornamenti infrastrutturali, risorse per il flusso di lavoro, rilasci di prodotti e accesso all'ecosistema tramite l'ecosistema ufficiale BlueDigitsFx. Ecosistema Telegram Sito web BlueDigitsFx Precision Order Flow MT5 — Suite completa di analisi del flusso degli ordini per MetaTrader 5 Framework professionale di struttura di mercato basato sulle sessioni che combina Aree di Valore, Point of Control, contesto d'asta e supporto decisionale
Power Candles MT5
Daniel Stein
4.73 (11)
Power Candles V3 - Indicatore di forza ad ottimizzazione automatica Power Candles V3 trasforma la forza delle valute e degli strumenti in un piano di trading attuabile su ogni grafico a cui è collegato. Invece di limitarsi a colorare le candele, esegue un'auto-ottimizzazione in tempo reale in background e ti fornisce i migliori valori di Stop Loss, Take Profit e soglia di segnale per il simbolo che hai davanti. Basta un clic per adottarlo nel trading live: i raggi di ingresso, Stop Loss e Take P
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
La migliore soluzione per qualsiasi principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di funzionalità proprietarie e una nuova formula. Con questo aggiornamento, sarai in grado di mostrare fusi orari doppi. Non solo potrai mostrare una TF più alta, ma anche entrambe, la TF del grafico, PIÙ la TF più alta: SHOWING NESTED ZONES. Tutti i trader di domanda di offerta lo adoreranno. :) Informazioni imp
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Talal N Z Aljarusha
5 (11)
SMC PRO TOOLKIT — SMART MONEY ANALYSIS & STRUCTURED TRADE PLANNING SMC Pro ToolKit is a professional Smart Money Concepts analysis workspace for MetaTrader 5. It combines market structure, multi-timeframe analysis, institutional price zones, setup evaluation, confirmation tools, volume context, alerts, and risk planning inside one organized chart environment. One workspace. Multiple layers of confirmation. One structured trading plan. OPEN COMPLETE USER GUIDE MULTI-CONDITION SETUP ENGINE At
Trend Catcher ind mt5
Ramil Minniakhmetov
5 (18)
INDICATORE TREND CATCHER L'indicatore Trend Catcher analizza i movimenti dei prezzi di mercato, utilizzando una combinazione di indicatori di analisi del trend proprietari dell'autore e personalizzati. Identifica la vera direzione del mercato filtrando il rumore a breve termine e concentrandosi sulla forza del momentum sottostante, sull'espansione della volatilità e sul comportamento della struttura dei prezzi. Utilizza inoltre una combinazione di indicatori personalizzati di smoothing e filtr
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Muhammad Jawad Shabir
5 (3)
CRYSTAL QUANTUM PRO Institutional Signal & Trade Intelligence for MetaTrader 5 Final Price: 199 USD ----> Price goes up 10 USD after every 10 sales. Limited launch slots available, act fast. Most indicators give you an arrow and leave you alone. A naked arrow is a gamble. Winning consistently requires CONFLUENCE , a clear STOP and TARGET , and honest PROOF that the system works. Crystal Quantum Pro delivers all three in one clean, no-repaint package. Crystal Quantum Pro is a complete decision sy
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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
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
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German Pablo Gori
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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
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> 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
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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
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> 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/
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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
Swing Sentinel EA is an intelligent Expert Advisor designed to operate in trends with strategic pullbacks. This system uses advanced technical analysis to identify entry opportunities in major trends with professional risk management. Key Features Professional Strategy - Trend following with intelligent pullbacks - D1 timeframe specific optimization - Integrated multi-timeframe analysis Multi-Layer Validation System - Multiple confirmation filters - Institutional analysis included - Layered 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)
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
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
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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
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
LineBreak Renko Fibonacci MT5 v1.0 The Institutional-Grade Synthetic Chart Engine with Adaptive Fibonacci Overlay LineBreak Renko Fibonacci MT5 is a professional MetaTrader 5 indicator that transforms any standard price chart into a clean, trade-ready synthetic chart. It filters out market noise and reveals the pure, underlying structure of price movement. The tool combines three of the most respected trend-filtering methodologies in institutional trading (Line Break, Classic Renko, and ATR Re
TRADEMASTER PRO SUITE v2.0 Institutional-Grade Signal Detection — 8-Layer Confluence Engine TradeMaster Pro Suite is a professional-grade custom indicator built for traders who demand quality over quantity. Rather than relying on a single indicator or a fixed threshold, it evaluates every potential signal through 8 independent analytical layers. Each layer contributes a weighted score, and a signal is only generated when the combined score meets the user-defined minimum threshold. This approac
Institutional Mean Reversion EA   is a professional-grade, prop-firm-compliant Expert Advisor designed for MetaTrader 5. Built upon a sophisticated Bollinger Band mean-reversion strategy combined with RSI oscillation filters and an EMA-200 macro trend bias, this EA avoids reckless grids and dangerous martingale techniques. Every single trade is protected by a hard Stop Loss from inception, ensuring total risk governance. Key Trading Strategy & Features Strategy:   Bollinger Bands mean-reversion
DaySwingPro Institutional — Multi-Factor Day & Swing Trading Engine Confluence-based BUY/SELL signals with institutional risk management, Smart Money Concepts and a live HUD — engineered with a strict zero-repaint architecture. What is it for? DaySwingPro Institutional is built for   day and swing traders   who hold positions from   one day to several weeks   (recommended timeframes:   H1, H4, D1 ). Instead of firing arrows on every minor fluctuation, it waits for the   trend, momentum and mark
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