Support And Resistance Reversal EA

Support & Resistance Reversal EA   (((-----Introductory Price for the first 10 buyers only!!!----)))

Overview

Support & Resistance Reversal EA is a fully automated Expert Advisor designed to trade reversal strategies at key support and resistance levels. The EA intelligently identifies significant support and resistance zones based on historical price action. When the price enters these zones, the EA actively looks for reversal signals to execute Buy orders at support and Sell orders at resistance.

This EA is built with a flexible risk management system and a variety of market filters to enhance precision, allowing traders to fully customize the strategy to fit different market conditions and their personal trading styles.

Key Features



  • Support/Resistance Reversal Strategy:
    Automatically identifies S/R zones and executes trades when the price tests these levels.

  • Advanced Risk Management:

    • Fixed Lot: Uses a constant lot size for all trades.

    • Fixed Amount: Risks a fixed monetary amount (e.g., USD, EUR) per trade.

    • Percent of Balance: Risks a specific percentage of the account balance per trade.

  • Dynamic Stop Loss and Take Profit: SL/TP levels are calculated based on the Average True Range (ATR), adapting to the current market volatility.

  • Multiple Filters for Signal Confirmation:

    • ADX Filter: Option to trade only in Trending or Ranging market conditions.

    • Multi-Timeframe MA Filter: Confirms trade direction with the trend from a higher timeframe.

    • Stochastic Filter: Filters signals using Overbought/Oversold conditions for higher-probability reversals.

  • Comprehensive Order Management:

    • Break-Even: Automatically moves the stop loss to the entry price to protect capital once a trade reaches a specified profit level.

    • Trailing Stop: Secures profits by trailing the stop loss as the price moves in a favorable direction.

  • Advanced Time Filters:

    • Set a specific date range for the EA to operate.

    • Select which days of the week to trade (e.g., disable trading on Mondays).

    • Define specific hours of the day to avoid trading (e.g., during news events or market closures).

  • Pending Orders Support: Can be configured to place Buy Limit / Sell Limit orders instead of executing trades at the market price.

Input Parameters

  • General Settings

    • Magic Number: A unique identifier to distinguish this EA's trades from others.

    • Order Comment: A custom comment for trades placed by the EA.

    • Slippage: The maximum allowed price deviation in points for order execution.

  • Chart Objects

    • Draw trade info on chart?: Enables or disables the drawing of S/R zones and trade labels on the chart.

  • Zone Reversal Strategy Settings

    • S/R Lookback Period: The number of past bars used to identify the highest high and lowest low for creating S/R zones.

    • Zone Width (ATR Multiplier): A multiplier for the ATR value to determine the width of the S/R zones.

    • S/R Timeframe: The timeframe used for calculating support and resistance levels.

  • Risk & Trade Management

    • Risk Management Type: Choose your preferred method for lot size calculation (Fixed Lot, Fixed USD, Percent of Balance).

  • Stop Loss & Take Profit Settings

    • Use SL/TP?: Enable or disable the use of Stop Loss and Take Profit.

    • SL Multiplier (x ATR): An ATR multiplier to set the Stop Loss distance.

    • TP Multiplier (x ATR): An ATR multiplier to set the Take Profit distance.

  • Market Filters (ADX, MTF MA, Stochastic)

    • Configure the parameters for each indicator filter according to your strategy.

  • Trade Direction

    • Allowed Trade Direction: Choose to trade Long Only, Short Only, or both.

  • Pending Order Settings

    • Use Pending Orders?: Enable or disable the use of pending orders.

    • Pending Offset (x ATR): The distance from the zone's edge to place the pending order, based on ATR.

  • Trailing Stop & Break-Even Settings

    • Set the trigger and lock-in distances for the Trailing Stop and Break-Even functions.

  • Time Filters

    • Configure the specific dates, days, and hours for the EA's operational schedule.

Recommendations

  • Pairs: This EA is well-suited for major pairs with clear price structure, such as XAUUSD, BTCUSD, EURUSD, GBPUSD, AUDUSD, and USDJPY.

  • Timeframe: It is recommended to use the M15 M30 or H1 timeframe to identify significant S/R zones. Use the MTF filter on a higher timeframe like H4 or D1 to align trades with the larger trend.

  • Backtesting: Before deploying on a live account, it is crucial to perform thorough backtesting and optimization to find the best settings for your chosen financial instrument and timeframe.


Optimization Parameters Guide for Support& Resistance Reversal EA

For the Support Resistance Reversal EA, optimization should focus on parameters that directly impact the Entry/Exit Logic and Risk/Trade Management.

Below are the recommended parameter groups for optimization, complete with suggested Start, Step, and Stop values for the MetaTrader 5 Strategy Tester.

📈 Group 1: Core Strategy

This group is the heart of the EA and directly affects trade entries. It should be optimized first.

Parameter Description Start Step Stop
InpSRZoneLookback Number of bars to find support-resistance. 20 10 150
InpZoneSensitivity ATR multiplier to set the zone width (smaller value = narrower zone). 0.3 0.1 1.5
InpATR_Period Period for the ATR indicator, used for zone width and SL/TP calculation. 10 2 30

🎯 Group 2: Risk & Target Management (SL/TP)

This group is crucial for defining the Risk/Reward Ratio and directly impacts the Profit Factor.

Parameter Description Start Step Stop
InpSL_ATR_Multiplier ATR multiplier to set the Stop Loss distance. 1.0 0.5 4.0
InpTP_ATR_Multiplier ATR multiplier to set the Take Profit distance. 1.5 0.5 6.0

🚦 Group 3: Signal Filters

After finding the best settings from the first two groups, enable these filters one by one ( InpUse... = true) and optimize them to improve performance and reduce false signals.

ADX Filter

Used to filter market conditions (Trending or Ranging).

Parameter Description Start Step Stop
InpADX_Period Period for the ADX indicator. 10 2 24
InpADX_Level ADX level used to define market conditions. 20 1 30

Multi-Timeframe (MA) Filter

Used to confirm the trend on a higher timeframe.

Parameter Description Start Step Stop
InpMTF_MA_Period Period for the Moving Average on the higher timeframe. 20 10 100

Stochastic Filter

Used to confirm Overbought/Oversold conditions.

Parameter Description Start Step Stop
InpStoch_Overbought Overbought level for sell signals. 80 5 95
InpStoch_Oversold Oversold level for buy signals. 5 5 20

🛠️ Group 4: Trade Management

It's recommended to optimize this group last, after you have a satisfactory core system, to improve profit management and reduce risk.

Parameter Description Start Step Stop
InpBE_TriggerPips Profit in points to trigger Break-Even. 100 50 400
InpBE_LockPips Profit in points to lock in when Break-Even is triggered. 20 10 100
InpTrailingStopPips Distance in points for the Trailing Stop. 150 50 500

💡 Additional Recommendations

  1. Start with Core Parameters: For your first optimization run, disable ( false ) all filters ( InpUse...Filter ) and trade management features ( InpUseBreakEven , InpUseTrailingStop ). Focus only on Group 1 and 2 to find the best core strategy.

  2. Increase Complexity Gradually: Once you have a good set of core parameters, lock those values in. Then, enable one filter at a time (e.g., set InpUseADXFilter to true) and optimize only its specific parameters to see if it improves the result. Repeat for each filter.

  3. Parameters to Exclude from Optimization:

    • InpMagicNumber , InpOrderComment , InpSlippage : Set these once and do not change them.

    • InpRiskType , InpRiskPercent : You should use a fixed risk setting for all tests to ensure a fair comparison of results.

  4. Beware of Over-optimization: "Curve-fitting" the parameters perfectly to historical data can lead to poor performance in live markets. Choose a set of parameters that shows robust and consistent results over various periods.

  5. Forward Test: After finding a satisfactory set from backtesting, run the EA on a demo account for at least 1-2 months to verify its performance in a live market environment before using real money.



Disclaimer:
Trading foreign exchange carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. Please use this EA responsibly and with proper risk management.


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Gold House — Gold Swing Breakout Trading  Price increase coming soon. Only a few licenses remain at the current price (3/100) . Next target price: $999. Live signals: Profit Priority mode : https://www.mql5.com/en/signals/2359124 BE priority mode :  https://www.mql5.com/en/signals/2372604 Important: After purchasing, please remember to send us a private message to receive the recommended parameters, instructions, precautions, and usage tips. (MQL5 messaging):   https://www.mql5.com/en/users/wa
Price Action Robot is a professional trading system built entirely on real market behavior without indicators, grid strategies, or martingale systems. It analyzes pure price action , focusing on structure, trend dynamics, and key market movements to identify high probability trading opportunities. The system is designed to read the market the same way experienced traders do, using logic based on real price movement rather than lagging indicators. It reacts dynamically to changing market conditio
Ultimate Breakout System
Profalgo Limited
5 (35)
IMPORTANTE   : Questo pacchetto sarà venduto al prezzo corrente solo per un numero molto limitato di copie.    Il prezzo salirà a 1499$ molto velocemente    +100 strategie incluse   e altre in arrivo! BONUS   : A partire da un prezzo di 999$ --> scegli   gratuitamente 5    dei miei altri EA!  TUTTI I FILE IMPOSTATI GUIDA COMPLETA ALLA CONFIGURAZIONE E ALL'OTTIMIZZAZIONE GUIDA VIDEO SEGNALI LIVE RECENSIONE (terza parte) NEW - VERSION 5.0 - ONECHARTSETUP Benvenuti al SISTEMA DEFINITIVO DI BREA
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William Brandon Autry
5 (1)
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Valentina Zhuchkova
5 (3)
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Akali
Yahia Mohamed Hassan Mohamed
3.26 (82)
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Ilies Zalegh
5 (11)
Gold OPR Killer — lo specialista definitivo dello scalping XAUUSD OFFERTA LIMITATA Il prezzo di Gold OPR Killer aumenterà di 100 USD ogni 24 ore . Approfitta del prezzo attuale prima del prossimo aumento. Ciao trader, Sono Gold OPR Killer , un Expert Advisor in MQL5 progettato esclusivamente per lo scalping professionale su XAUUSD . La mia missione è semplice: sfruttare le accelerazioni del mercato dell’oro con velocità, precisione e disciplina algoritmica. Non cerco di operare continuamente.
AnE
Thi Ngoc Tram Le
4.75 (4)
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MQL TOOLS SL
3.94 (17)
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Leonid Arkhipov
4.87 (45)
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Bogdan Ion Puscasu
4.86 (504)
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
Quantum Bitcoin EA
Bogdan Ion Puscasu
4.83 (120)
Quantum Bitcoin EA   : niente è impossibile, è solo questione di capire come farlo! Entra nel futuro del trading   di Bitcoin   con   Quantum Bitcoin EA   , l'ultimo capolavoro di uno dei migliori venditori di MQL5. Progettato per i trader che richiedono prestazioni, precisione e stabilità, Quantum Bitcoin ridefinisce ciò che è possibile nel mondo volatile delle criptovalute. IMPORTANTE!   Dopo l'acquisto, inviami un messaggio privato per ricevere il manuale di installazione e le istruzioni d
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Stanislav Tomilov
5 (10)
Full Throttle DMX - Strategia reale,  Risultati reali   Full Throttle DMX è un consulente esperto di trading multivaluta progettato per operare con le coppie di valute EURUSD, AUDUSD, NZDUSD, EURGBP e AUDNZD. Il sistema si basa su un approccio di trading classico, utilizzando indicatori tecnici noti e una logica di mercato comprovata. L'EA contiene 10 strategie indipendenti, ciascuna progettata per identificare diverse condizioni e opportunità di mercato. A differenza di molti moderni sistemi au
Sentinel XAU is an automated Expert Advisor designed with a strong focus on risk control, capital preservation, and stable execution. The EA operates with discipline and consistency, avoiding aggressive exposure and adapting its behavior during unfavorable market conditions . Sentinel XAU prioritizes account stability over high-frequency or high-risk trading and does not force entries when market conditions are not suitable. It features automated position management, built-in margin and drawdown
Osloma Gold
Uttam Kumar Nandeibam
5 (7)
Link al segnale live : https://www.mql5.com/en/signals/2372291    Public Group (Join for Discussion):  https://www.mql5.com/en/messages/01917ede71b4dc01 Prezzo per i primi acquirenti : $299 solo per i PROSSIMI 2 acquirenti  * Dopo questo, il prezzo sarà aggiornato a $499 . Osloma Gold (OG) è un Expert Advisor dinamico basato sulla struttura del mercato, progettato specificamente per Gold (XAUUSD) . Combina una logica di ingresso strutturata, analisi di mercato multi-timeframe e una gestione int
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MQL TOOLS SL
4.86 (28)
XIRO Robot is a professional trading system created to operate on two of the most popular and liquid instruments on the market:  GBPUSD, XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable and
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Andrii Soma
5 (2)
SomaGold è un Expert Advisor multi-strategia di breakout per MetaTrader 5, realizzato esclusivamente per l'oro (XAUUSD). Un grafico, un EA, 32 strategie indipendenti che operano insieme come un unico portafoglio diversificato. Segnale live. È il mio primo EA pubblicato su MQL5. Per renderlo accessibile al lancio uso un modello di prezzo a scalini trasparente: Prezzo di lancio: 100 USD Il prezzo aumenta di 100 USD ogni 10 copie vendute Chi acquista per primo blocca il prezzo più basso per tutta l
Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.44 (18)
Pronto l'impresa di costruzioni! Non adatto ai trader che vogliono chiudere un conto in un mese Nessuna Martingala / Nessuna Griglia / Nessuna IA Sistema di breakout professionale per XAUUSD, USDJPY, BTCUSD, US30 e DE40 Risultati in tempo reale:    Segnale in tempo reale    |    Portafoglio principale    |    Risultati FTMO    |    Comunità pubblica AGGIORNAMENTO - Prezzo attuale:    $ 449, prezzo successivo: $ 499 (solo 4 copie rimaste) Il Range Breakout EA L'EA Range Breakout si basa su un no
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Noppadon Boonpromuppatham
5 (1)
NB SMC Elite EA Fully automated Smart Money Concept EA. Detects CHoCH, Liquidity Sweeps, FVG entries, and Structure-based SL/TP on any symbol, M5,M15,H1 timeframe. DESCRIPTION NB SMC Elite EA — Institutional-Grade Smart Money Automation Trade the markets the way institutions do — automatically. NB SMC Elite EA is a fully automated Expert Advisor built on the Smart Money Concept (SMC) framework. It identifies high-probability reversal setups by detecting the same structural events that institutio
Harmonic Confluence Indicator Basic
Noppadon Boonpromuppatham
5 (1)
Product Name: Harmonic Confluence Indicator (Basic Edition) !!!—-Leave a 5-star review and receive a free indicator version with trade levels (limited to the first 20 people only)——!!! Headline: Automated Harmonic Pattern Scanner with Supply & Demand Confluence. Description: Unlock the power of geometric market structure with the Harmonic Confluence Indicator (Basic Edition) . This powerful tool is designed to automatically scan your charts for high-probability reversal zones based on validated
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Product Name: Harmonic Confluence Pro Indicator Harmonic Confluence Pro is a scanner and signal indicator. It is designed to assist manual traders by detecting harmonic structures and applying price action and zone filters. The indicator calculates entry, stop loss, and take profit levels based on market structure, displaying them on the chart with arrows and labels. The indicator scans for over forty types of harmonic patterns. It includes classic structures like Gartley, Bat, Butterfly, Crab,
Spike Hunt EA
Noppadon Boonpromuppatham
Spike Hunt EA: A Strategy to Capture Reversals After Sharp Price Spikes   (((-----Introductory Price for the first 10 buyers only!!!----))) The Spike Hunt EA is an Expert Advisor specifically designed to profit from a common market behavior: a rapid reversal following a strong and sudden price spike. This EA employs a robust logic to identify high-probability reversal "Spike" candles. It uses Bollinger Bands breakouts as an initial alert and then performs a detailed candlestick analysis to pin
Harmonic Pattern EA Pro
Noppadon Boonpromuppatham
Harmonic Pattern EA Pro Trade the markets with precision using the power of Harmonic Patterns. This fully automated Expert Advisor identifies high-probability setups and manages them with a sophisticated multi-take-profit and break-even system. Why Choose Harmonic Pattern EA Pro? Harmonic Pattern EA Pro is not just another trading robot. It's a comprehensive trading solution built around a proven market analysis technique. It merges a powerful Harmonic Pattern Scanner directly into a robust t
Harmonic Confluence EA
Noppadon Boonpromuppatham
Harmonic Confluence EA: Professional Edition Master the Geometry of the Markets with Institutional-Grade Precision Harmonic Confluence EA is a state-of-the-art algorithmic trading solution designed for the MetaTrader 5 (MT5) platform. It combines the geometric precision of Harmonic Pattern recognition with advanced Market Context Filters and a robust Risk Management Engine . Unlike standard pattern scanners, this EA doesn't just "find" patterns; it validates them using a multi-factor conflue
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