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Advanced Support and Resistance Tool

Advanced Support and Resistance

Support and resistance levels are widely used in trading. They are important as they show some key price levels. Before applying any strategy, one may consider it necessary to draw support and resistance. However, this process can take much time especially if one is to analyse a lot of currency pairs, commodities or indices. This Advanced Support and Resistance tool was designed for traders at any level, amateur to professional. It plots key support and resistance levels in seconds. To make it even smart for traders, one can set alerts to be sent when a key support or resistance is reached. Even new traders with little or no experience in trading can get the support ad resistance lines drawn for them in minutes.

Features

·         Use the support and resistance levels for seeing potential reversals, breakouts, take profit levels, stop loss levels and more

·         Boost your technical analysis in minutes

·         Non repaint indicator, based on pure price action principles

·         Save time for multi timeframe analysis on trades

·         Receive notifications as sound, pop up alerts, email and mobile push notifications

Input Settings

Input parameters

Chart Period – the period to consider support and resistance levels

Maximum Range – maximum number of bars for calculation

Minimum Range – minimum number of bars for calculation

Resistance Lines Colour – colour for the resistance lines

Support Lines Colour - colour for the support lines

Resistance Lines Style – choose from solid, dashed, dotted, dotted dash with double lines

Support Lines Style – choose from solid, dashed, dotted, dotted dash with double lines

Resistance Lines Widths - width for the resistance lines

Support Lines Widths - width for the support lines

TextSize – font text size

AlertName – name written on alerts

Send Email Alerts – receive signal notification via Email

Sound and Pop-Up Alerts - receive signal notification on your computer or laptop

Mobile Phone Notification - receive signal notification to your phone MT5 terminal

 


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The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Customizable c
Trade Assistant MetaTrader System  — a multi-timeframe system that is based on three standard indicators:   Stochastic oscillator ,   RSI   (Relative Strength Index), and   CCI   (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. Input parameters CheckCandl
A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Reversal First Impulse levels (RFI)   -  Version MT4                  INSTRUCTIONS                 RUS                 ENG                         R ecommended to use with an indicator   -  TREND PRO  
Gartley Hunter MT5
Siarhei Vashchylka
5 (13)
Gartley Hunter - An indicator for searching for harmonic patterns (Gartley patterns) and their projections. The indicator is equipped with a system of alerts and push notifications. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. 12 harmonic patterns: 7 classical and 5 exotic. New patterns will be added as the indicator develops. 2. Constant automatic search for harmonic patterns. The indicator is capable of finding from the smallest to the largest patterns. 3. Autom
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Golden Spikes Detector
Batsirayi L Marango
5 (1)
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implemented to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised to be loaded on 5-minute timeframe although multiple timeframe analysis is done in the background. Features ·             Desktop pop up and sound
Automatic Fibonacci Tool Fibonacci retracements is a popular instrument used by technical analysts to determine potential Support and Resistance areas. In technical analysis, this tool is created by taking two extreme points (usually a peak and a minimum) on the chart and dividing the vertical distance by the key Fibonacci coefficients equal to 23.6%, 38.2%, 50%, 61.8%, and 100%. Our Automatic Fibonacci Tool is programmed to make thigs easier. Using this tool, there is no need to explicitly set
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