Kiwi Multi Pair Support Resistance Scanner
- Indicadores
- Versão: 1.1
Kiwi Multi-Pair Support & Resistance Scanner MT5
Kiwi Multi-Pair Support & Resistance Scanner MT5 is a free multi-pair market structure indicator for MetaTrader 5 designed to help traders quickly identify support, resistance, breakout conditions and available room for price movement across multiple Forex pairs.
Instead of opening many charts and manually searching for important price levels, the scanner brings the information together in one clear dashboard.
Multi-Pair Support & Resistance Scanner
By default, the indicator monitors 10 Forex pairs simultaneously and evaluates each market using recent and higher-timeframe price structure.
The dashboard displays:
- Structure — Bullish, Bearish or Mixed
- Nearest Level — Support or Resistance
- DIST ATR — distance from the relevant level normalized using ATR
- Zone — Clear, Near Support, Near Resistance or Breakout
- Room — available space for price movement
- Score — quick evaluation score
- Action — simple market context such as Buy Room, Wait / Support or Watch Breakout
This allows traders to quickly compare several markets without manually analyzing every chart.
Recent H1 + Major H4 Structure
The scanner combines two levels of market structure.
H1 recent structure helps identify current swing highs, swing lows and nearby market levels.
H4 major structure provides broader confirmation and helps distinguish short-term price movement from more important market structure.
This multi-timeframe approach can provide better context than relying on a single support or resistance level.
Confirmed Swing Detection
Support and resistance analysis is based on confirmed market swings rather than simply using the highest or lowest price over an arbitrary period.
The scanner analyzes price structure to identify relevant swing areas and determine whether the market is:
Bullish | Bearish | Mixed
This information is then combined with the location of current price.
Support & Resistance Zone Detection
The indicator can classify several important market situations, including:
CLEAR — price has reasonable space around the current area.
NEAR SUPPORT — price is approaching an identified support area.
NEAR RESISTANCE — price is approaching an identified resistance area.
BREAKOUT UP — price has moved above an important resistance structure.
BREAKOUT DOWN — price has moved below an important support structure.
SQUEEZED — price has limited room between important market levels.
ATR-Based Distance & Room Analysis
A support or resistance level alone does not tell the whole story.
The scanner therefore measures distance using ATR normalization.
This helps the indicator evaluate whether price has relatively good room to move or whether it is already close to another important structural level.
Room conditions can include:
GOOD | LIMITED | TIGHT
This can be particularly useful when deciding whether a potential setup has enough space to justify further investigation.
Simple Action Guidance
The final ACTION column converts the underlying analysis into easier-to-read market context.
Examples may include:
BUY ROOM
SELL ROOM
WATCH BUY BREAKOUT
WATCH SELL BREAKOUT
WAIT / SUPPORT
WAIT / RESISTANCE
CLEAR / WATCH
These are analysis suggestions, not automatic trade signals. Traders should perform their own analysis before making trading decisions.
Designed for Fast Market Scanning
Kiwi Support & Resistance Scanner is useful for traders who want to:
- Monitor several Forex pairs from one chart
- Find markets approaching support or resistance
- Identify possible breakout conditions
- Compare recent and major market structure
- Evaluate room for potential price movement
- Reduce the time spent manually switching between charts
Easy to Use
Attach the indicator to a MetaTrader 5 chart and allow the required market history to load.
The dashboard will automatically analyze the configured symbols and update the market structure information.
The indicator does not open, modify or close trades.
It is a market-analysis tool designed to support manual trading decisions.
Important
Support and resistance levels are analytical estimates based on historical price structure. Markets can move rapidly through previous levels, particularly during high volatility or major economic events.
No indicator can predict future market movement with certainty.
Kiwi Multi-Pair Support & Resistance Scanner MT5 is an analytical tool only and does not guarantee profitable trading results.
Know the levels. Understand the structure. Plan the trade.
