Smart effective support and resistance levels

Support and Resistance Levels is an intelligent indicator that displays horizontal support and resistance levels, suitable for traders of different trading frequencies. You can select your preferred trading frequency, and the indicator will automatically calculate the support and resistance levels relevant to that frequency. Among these, the Bull-Bear Line is an interval used to distinguish the strength of bullish and bearish forces, and is an important level.

You can combine it with other indicators such as Fibonacci and price action. Buy at support levels, sell at resistance levels, or break through resistance levels to pursue long positions, and break below support levels to pursue short positions. 

However, please note that these positions serve only as entry signals and do not necessarily indicate immediate opening of positions when price reaches these levels.

Parameter explanation:

Trading frequency: Choose according to your trading frequency and habits.

- If you are a short-term trader, looking for intraday opportunities or scalping, prefer to use price action on 1-minute or 5-minute candlestick charts as entry signals, choose Short_term_trader.
- If you are an intraday trader, looking for opportunities within the day and opening positions once or twice daily, prefer to use price action on 15-minute, 30-minute, and 1-hour candlestick charts as entry signals, choose Daily_trader.
- If you are a medium to long-term swing trader, opening positions once or twice weekly, prefer to use price action on 1-hour or 4-hour candlestick charts as entry signals, choose Medium_term_swing_trader.
- If you are a long-term swing trader, opening positions once or twice monthly, prefer to use price action on 4-hour or daily candlestick charts as entry signals, choose Long_term_swing_trader.
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The Name Green Wall : Arrows hits a lot of TP, by changing the idea of non using SL as something bad, but instead use Small TP and a lot of free Margin and Patience. Use micro TP and a lot of Free Margin with this indicator on Forex. It also can be used with Binary Options. This strategy is intended to be traded Manually. This Indicator runs on Open Bar, arrows will delete when price are against it. The only Indicator Parameter is Alerts true/false, all the rest is included inside the code. Arro
Golden Monowave
Ahmed Mohamed Ali
Indicadores
Golden Monowave is monowave indicator, the monowave theory is one of Elliott wave approach and one of most complicate and accurate method. Golden Monowave can shortcut many major steps to identify and describe the monowave. It works on any timeframe and with any trading instrument, including currencies, indices, futures, etc. Input Parameters initial_Bars - set the initial number of bars to calculate. wave_color - select the color of the wave. label_color - select the color of labels. temp_labe
Ticks Size
Viktor Kolmakov
Indicadores
This indicator displays in a separate window the difference between the number of points which increased the price, and the number of points that decreased the price during the time interval specified in the settings. The time interval for calculation is expressed as the number of bars of the chart the indicator is attached to. This approach allows you to evaluate the movement direction (growth or fall) of the instrument's price, the strength of the movement and the size of the movement in point
FFx Basket Scanner
Eric Venturi-Bloxs
Indicadores
MetaTrader 5 version available here : https://www.mql5.com/en/market/product/24882 FFx Basket Scanner is a global tool scanning all pairs and all timeframes over up to five indicators among the 16 available. You will clearly see which currencies to avoid trading and which ones to focus on. Once a currency goes into an extreme zone (e.g. 20/80%), you can trade the whole basket with great confidence. Another way to use it is to look at two currencies (weak vs strong) to find the best single pairs
NostradamusMT4
Andrey Spiridonov
1 (1)
Indicadores
NostradamusMT4 is a powerful indicator from the set of professional trader. The indicator is based on Andrei Spiridonov's original price calculation method (ESTIMATED PRICE) for the current candle price. Advantages The indicator does not redraw. It works on any timeframes. Works with any trading instruments. Perfectly suitable for scalping and trading binary options. Parameters Color - color of the ESTIMATED PRICE FUTURE line. How to work with the indicator The indicator forms the ESTIMATED P
FFx Pivot SR Suite PRO
Eric Venturi-Bloxs
Indicadores
MetaTrader 5 version available here: https://www.mql5.com/en/market/product/25794 FFx Pivot SR Suite PRO is a complete suite for support and resistance levels. Support and Resistance are the most used levels in all kinds of trading. Can be used to find reversal trend, to set targets and stop, etc. The indicator is fully flexible directly from the chart 4 periods to choose for the calculation: 4Hours, Daily, Weekly and Monthly 4 formulas to choose for the calculation: Classic, Camarilla, Fibonac
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