Trader usually use these levels as a Support and Resistance (SnR).
- Levels - Numbers of levels drawn on chart. Default 30 levels.
- BoxSize - Box size drawn on each levels, indicate buffers around levels. Default value 1pips (10point) above and below each levels.
- ZoneSize - Distance between each levels, default value 10pips (100point).
- Style & Colours - User inputs customization.
This is a very comfortable tool to analyze the important price levels of the market. It calculates the support and resistance levels and automatically saves every important setting for every symbol and period! With it's graphical interface, it is very easy to use! This demo-version is limited to USDCAD. You can find the full version here: ST Support And Resistance Levels This tool does not work in the strategy-tester! I recommend to install my free ST-Toolmanager . This tool automatically
This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29957 The free version works only on EURUSD and GBPUSD! Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal tren
This indicator draw a line on high and low levels of X number of days. Configurations: Days - past days to calculate. Shift - high and low levels correction. Color - lines color. Style - lines style. Width - lines width. Background lines - draw as background (behind candles and hide price level). Alert when price reach high or low - that is it :) Push notification - that is it :) E-mail notification - that is it :) Any doubt or suggestion please contact us. Enjoy!
The SupportResistance indicator shows the support and resistance levels. This indicator is necessary for any trader regardless of the strategy used. Advantages of this indicator The indicator is displayed on the price chart. Depending on the trading direction, the indicator shows the position entry/exit points. The indicator works on any timeframe from M1 to MN. The indicator works with any symbol. Options of the indicator application Trade the price rebounds from the support or resistance l
Several assets in several markets have the behavior of using specific numbers as Force Numbers, where support, resistance and price thrust is created. Let this indicator draw those levels of support and resistance for you. You can also stack it to show different level of Prices! This technique is being used by Tape Readers and Order Flow traders all over the world for a long time. Give it a try. Challenge yourself to study new ways of Price Action! SETTINGS What Price reference to use in th
This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1. This is the FREE version of the indicator: Support Resistance Multi Time Frame MT5 The free version works only on EURUSD and GBPUSD! Parameters referenceTF: the timeframe fro
This is a Price Projection for Current Candle from Time Frame Mql5 To Weekly, It's shows Market Trends Teji (Bullish) Or Mandi (Berries). It's Show Teji High & Low for Bullish Market and Mandi High & Low for Berries Market. We can Plan Our Trade in Well Advance for our Current Open Trade. It's Generate New Data for Every New Candle. You are requested to Please Test it for Use in Real Trade. Please Save it to your Mql\Indicator folder and attache to your chart.
Three Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the 1st bar's High is less than the 3rd bar's High as well as the 1st bar's Low to be higher than the 3rd bar's Low. This then predicts the market might breakout to new levels within 2-3 of the next coming bars. It should be used mainly on the daily chart to help spot potential moves in the coming days. Features A simple met
Support & Resistance indicator is a modification of the standard Bill Williams' Fractals indicator. The indicator works on any timeframes. It displays support and resistance levels on the chart and allows setting stop loss and take profit levels (you can check the exact value by putting the mouse cursor over the level). Blue dashed lines are support level. Red dashed lines are resistance levels. If you want, you can change the style and color of these lines. If the price approaches a support lev
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level This indicator determines and draws precisely such a price range within which strong positi
This indicator displays Pivot-Lines, preday high and low, preday close and the minimum and maximum of the previous hour. You just have to put this single indicator to the chart to have all these important lines, no need to setup many single indicators. Why certain lines are important Preday high and low : These are watched by traders who trade in a daily chart. Very often, if price climbs over or falls under a preday low/high there is an acceleration in buying/selling. It is a breakout out of
A comprehensive tool for determining the levels of support, resistance, reversals in relation to trading sessions. The indicator's thesis can be expressed as follows: "Support and resistance levels are undoubtedly formed by the psychological barriers of market participants, and influence the further behavior of the price. But these barriers are different for different groups of traders ( One man's meat is another man's poison ) and can be grouped by territory or by the trading time ". Follo
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
Indicator shows Support and Resistance Levels. In stock market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level . Support and resistance are key concepts that help traders understand, analyze and act on chart patterns in the financial markets.
Smart Grid MT5 automatically recognizes any symbol, period and scale of the chart and marks it up accordingly. It is possible to mark up the chart by trading sessions. The grid consists of the two main line types. Vertical lines There are two visualization methods: Standard - the lines are divided into three types, separating: Small time period. Medium time period. Large time period. Trading Session - the lines are divided into groups (a total of ten). Each group has two lines: the first is re
This is a perfect tool for intraday trading. It allows you to see a day candle on a chart having a timeframe less than D1. Besides, it displays upper and lower candle shadows, as well as a body and an entire daily candle (in points). Parameters: Show_Day - amount of days to be displayed in blocks. The allowable value is not more than 31. Shift - daily candle shift to the right from a chart margin (in bars). language - select a language. Russian and English are available. Features: The indicator
This Price indicator aid you to read prices of a bar without using native MT5 instuments like crosshair. The indicator gives you the OPEN HIGH LOW CLOSE and 50% bar prices of the current or one of the previous bar. Parameter setting are: TimeShift: Used for bar selection (0 stand for current 1 for previous 2 for 2 bars ago) Other parameter are using for esthetics. Each Label can be moved away from its initial position. FEEL FREE TO REPORT BUG AND REVIEW THIS INDICATOR. THANKS
This information indicator allows you to always be aware of the current account status. The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. You can select one of the different info line location types: To the right of the price (always following it); As a comment (in the upper left corner of the chart); In a selected screen corner. You can also select a data separator:
Prices moves in waves, and in different form in different timeframes. This indicator displays 2 horizontal lines per timeframe (one for resistance and the other for support). These line positions are calculated based on the wave width in particular timeframes. Before attaching the indicator to the chart, in the input section, you can change the colors for resistance and support lines, if you want. This FREE version works only for EURUSD. You can Buy the FULL version of the product at http
The utility is designed as an indicator for quick and easy drawing of horizontal levels on the chart. Several indicators with different settings can work on the same chart independently. Settings: Right Shift-indent from the right edge of the chart in pixels. Line Width-line thickness. Label Size - size of the price label text. Line Style-line style. Line Color-line color. Label color - color of the price label. Add Key - select the function key to add a line. For notifications when you t
With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum This FREE Version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here:
This is a very simple indicator for metatrader 5 (ex5) that draws daily Low High. What is very useful is that it tracks the breaks every time we have a new high or low in the daily session. So it will be more easy to sport where we are, but also the pressure of the trend and the fake breakouts. If you start to observe, then you will see that useful information will come from this type of details/analysis.
I have often seen traders mention about the importance of knowing the closing of the previous day, the opening of the current day, calculating the GAP. Likewise I have seen that the lines that mark the daily highs and lows can be reversal points. A double top pattern at precisely the daily high may be indicative of reversal. If you think about following the daily trend and see which tops (or bottoms) are breaking, run after it. Thus, the OHLC Lines indicator automatically plots the
***Please Give Some Feedback and Reviews*** This is an indicator which shows the direction and the strength of the selected Symbol based on the two outputs, Signal and Value. The Signal indicates the directions as Buy equals 2(Blue) and Sell equals 1(Red). The Value output indicates the strength of the signal between -100 to 100. This indicator is both trend and fast preliminary indicator by choosing appropriate parameters. Indicator uses the Normalized ADX value as the hitting catalyst, which
***Please Give Some Feedback and Reviews*** This is an indicator which shows the direction and the strength of the selected Symbol based on the two outputs, Signal and Value. The Signal indicates the directions as Buy equals 2(Blue) and Sell equals 1(Red). The Value output indicates the strength of the signal between -100 to 100. This indicator is both trend and fast preliminary indicator by choosing appropriate parameters. Indicator uses the Tick Volume as the hitting catalyst, which by choosi
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tre
Market Profile is an amazing tool! It is also known as Volume Profile. With it you can identify regions of strong and weak negotiation, finding regions of accumulation (support and resistance), thus seeing the market with other eyes. Instead of measuring each candle volume as default volume indicator does, the Market Profile measure the volume by price . Paid version: https://www.mql5.com/pt/market/product/38938 Configurations: MAIN OPTIONS From period - period to extractvolume data. To per
The indicator shows support/resistance levels based on the currency volatility for the selected period (number of bars) on the specified timeframe (regardless of the indicator timeframe). Price data on the selected currency and specified timeframe (by default – D1) are necessary for the indicator's normal operation. To download the necessary data, simply open the new window of the selected timeframe. МetaТrader 4 version: https://www.mql5.com/en/market/product/6617 Parameters Volatility bars cou
What about joining your market expertise and intuition with algorithms coded as visual maps? The discovery power: in our opinion, the best strategies are created when traders see what other traders don't see. So, the concept of these visual maps is bringing new trading vision and ideas to improve your market and strategic vision. From quantitative to qualitative: new trading technologies brings each time more quantitative information. But the main idea of this MT5 indicator is the other way aro