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PZ Support Resistance

3.33

Unlock key market insights with automated support and resistance lines

Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details)

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Boost your technical analysis
  • Customizable timeframe selection
  • Read price levels from the timeframe of your choosing
  • Detect important price levels without browsing through charts
  • Recognize the relative strength of all price levels at a glance
  • Save up to half an hour of plotting lines for every trade
  • The indicator displays the age of all price levels

Price levels are collapsed by proximity and adjusted to the current market action.

  • Price levels get darker and wider as they get rejected over time
  • Unimportant price levels are cleared regularly to avoid noise
  • It implements email/sound/push alerts for breakouts and false breakouts

Input Parameters

  • Timeframe: Choose the period to read price data from. Can be current or higher.
  • Period: Zigzag period used to read price points from. Zero means the indicator will choose the best period.
  • ATR Period: ATR period used to collapse prices by proximity.
  • ATR Multiplier: ATR multiplier used to collapse prices by proximity. A higher value will produce less lines.
  • Max History Bars: Amount of past bars to iterate in the indicator finding prices.
  • Color Settings: Enter your desired colors for support and resistance lines based on importance.
  • Label Settings: Display or hide age labels and customise colors and sizes.
  • Alerts: Enable display/email/push/sound alerts for breakouts and fake breakouts.


Buy today and unlock exclusive bonuses!

    Purchase this indicator now and receive the following bonuses (total value: $89):
    • PZ Supply Demand Indicator (worth $75)

    To claim these bonuses, simply send me a private message. I will provide the bonuses to actual buyers of the indicator. To ensure it is you, please leave a review for the product first, or alternatively, provide the mql5 operation number of your purchase. I'll get back to you with your bonuses as soon as possible.

    The price of this indicator might increase next week!

    We've introduced dynamic pricing for this indicator to reflect its true market value. With each sale, the price increases by $1, rewarding early buyers. If no sales occur within a week, the price resets to the original rate, with prices updated every Monday. This model lets the market decide the product's value, but there’s always a chance to grab your desired tools at a cheaper price if you prefer to wait.


    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    리뷰 4
    alisabar
    444
    alisabar 2016.05.24 13:36 
     

    At D1 it works quite well.

    gmackinnon
    141
    gmackinnon 2015.08.25 19:06 
     

    Very useful indicator.

    Works well if you follow the instructions on the website.

    Monthly levels and higher are very clear support resistance areas.

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    지표
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    지표
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    지표
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    지표
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    5 (3)
    지표
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    4.78 (95)
    지표
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    Daniel Stein
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    지표
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    Igor Pereira Calil
    5 (1)
    지표
    폭탄 은행 신호: MetaTrader 4의 신뢰도 지표 Bomb Bank Signal은 금융 시장에서 가장 관련성이 높은 추세를 식별하도록 설계된 MetaTrader 4의 강력한 지표입니다. 움직임을 정확하게 예측하는 도구를 찾고 있다면 Bomb Bank가 바로 여러분에게 필요한 동맹입니다. 작동 방식: 이 지표는 거래량 분석, 양초 종가, 대칭 추세 등 세 가지 방법을 결합하여 매수 및 매도 기회를 감지하고 신호를 보냅니다. Bomb Bank는 매수 기회를 포착할 때는 '폭탄'과 같고, 매도 신호를 감지할 때에는 '해골'과 같습니다. 폭탄 은행은 왜 다른가요? 완전한 신뢰성: 폭탄 은행 신호는 신호를 제거하지 않습니다. 일단 신호가 발행되면 그 신호는 계속 유지되므로 기회를 절대 놓치지 않습니다. 극도의 정확성: Bomb Bank는 잘못된 신호를 보내지 않습니다. 시장이 발전함에 따라 조정하면서 실시간으로 업데이트하지만 이전 신호의 투명성은 유지합니다. 실시간
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    4.8 (20)
    지표
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    Yury Orlov
    4.62 (175)
    지표
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    PZ TRADING SLU
    3.67 (3)
    지표
    Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
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    Paulo Rocha
    5 (2)
    지표
    Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
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    Bernhard Schweigert
    4.87 (30)
    지표
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    Quantum Trend Monitor Indicator
    QUANTUM TRADING SOFTWARE LIMITED
    지표
    Currency pairs never go up or down in a straight line. They rise and fall constantly, creating pullbacks and reversals. And with each rise and fall, so your emotions rise and fall. Hope, then fear, then hope. This is when the market will try to frighten you out of a strong position. It is when you are most vulnerable. But not if you have the Quantum Trend Monitor. And here, you even get two indicators for the price of one! The Quantum Trend Monitor has been designed to absorb these temporary pau
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    QUANTUM TRADING SOFTWARE LIMITED
    5 (1)
    지표
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    3.67 (3)
    지표
    Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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    ROBERT URBANSKI
    5 (3)
    지표
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    Bogdan Ion Puscasu
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    필터:
    alisabar
    444
    alisabar 2016.05.24 13:36 
     

    At D1 it works quite well.

    PZ TRADING SLU
    796701
    개발자의 답변 Arturo Lopez Perez 2021.04.28 02:01
    Many thanks.
    gmackinnon
    141
    gmackinnon 2015.08.25 19:06 
     

    Very useful indicator.

    Works well if you follow the instructions on the website.

    Monthly levels and higher are very clear support resistance areas.

    PZ TRADING SLU
    796701
    개발자의 답변 Arturo Lopez Perez 2021.04.28 02:01
    Many thanks.
    pvanam46
    21
    pvanam46 2015.04.17 20:29 
     

    Excellent indicator giving support and resistance levels at a glance. Well worth the money

    PZ TRADING SLU
    796701
    개발자의 답변 Arturo Lopez Perez 2021.04.28 02:02
    Many thanks.
    Happy Mans World
    1443
    Happy Mans World 2014.12.26 17:47 
     

    Average SR Indicator, and not worth the money paid for it.

    PZ TRADING SLU
    796701
    개발자의 답변 Arturo Lopez Perez 2021.04.28 01:59
    Please update. I hope this update is worth a better review.
    리뷰 답변
    버전 7.0 2024.07.19
    Housekeepig update
    버전 6.4 2021.04.28
    - Improved alerts
    버전 6.2 2021.04.28
    - Small improvements.
    버전 6.0 2021.04.28
    - Improved level detection
    - Improved grouping by atr
    - Improved inputs
    버전 4.2 2020.10.20
    Recompiled with minor changes
    버전 4.0 2017.02.10
    - Simplified inputs
    - Changed to horizontal lines instead of trend lines
    버전 3.0 2016.05.25
    - Added timeframe selection
    - Added a free collapse factor value
    - Added peak to valley ratio

    Now you can see SR lines from higher timeframes in lower ones.
    버전 1.2 2014.10.07
    New feature: the indicator now displays the age of every support and resistance line with daily granularity. This is especially useful in small timeframes.
    버전 1.1 2014.02.17
    Important bug fixed that arised after MT4 buil 600 update.
    The indicator crashed on W1 and MN1 charts.