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Support Resistance Free

The indicator shows support and resistance levels as horizontal lines. It shows the highs and lows of former days, weeks and month in every chart. 

These levels give orientation in trading, they are much noted as one can see in the charts. 

The support and resistance levels are the base of the Levels Trader EA >> and Limit Scalper >> and Taipan >> 

When the tip of the coursor is on a line (mouseover) it shows the real value of the level and which high or low is shown, see explanation below.

The indicator must be installed like an expert advisor!  To see levels of former days you have to make a backtest and then open the chart.


Note that the indicator shows first wrong levels if the values are not saved already and have to be downloaded automaticly. In the second try it shows the correct levels.


Mouseover legend:

hhd1 = highest high of day 1 (day before today)

lld1 = lowest low of day 1

hhd2 = highest high of day 2 (day before yesterday)

lld2 = lowest low of day 2

...

until day 5


hhw1 = highest high of week 1 (last week)

llw1 = lowest low of week 1

...

until week 5


hhm1 = highest high of month 1 (last month)

llm1 = lowest low of month 1

...

until month 6


The colors of the lines can be changed in the settings.

(This indicator is here under utilities as the automatic validation of mql5 tests the indicator on trading - of course it doesn't trade - so it doesn't pass the test.)

Comentários 3
Zachary David Cox
928
Zachary David Cox 2020.12.27 15:01 
 

Well done, thanks!

sunnychow
8695
sunnychow 2019.05.20 13:48 
 

Thanks for share

Vasiliy Kolesov
3226
Vasiliy Kolesov 2019.04.12 07:02 
 

Интересный индикатор. Особенно советники , построенные на его основе.

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The WaltSoft Fibonacci Patterns SCOUT searches for  Fibonacci Patterns , also called  Harmonic Patterns , and displays the results in a clear table. The WSFP SCOUT can search for  16 different Patterns  plus  1 Custom Pattern  and can process up to  28 Instruments  and up to  9 Time Frames  at once! It refreshes every second and alerts you when it finds a new pattern! Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade m
299 USD
KopirMT4 Copy trades for MT4
KopirMT4 Copy trades for MT4
Alexandr Gavrilin
KopirMT4 (CopierMT4) - transaction copier for the MetaTrader 4 terminal, copies (synchronizes, duplicates) transactions from any accounts (copier, copy dealers).  Supports copying: MT4 <-> MT4, MT4 -> MT5 Hedge, MT5 Hedge -> MT4 Attention  : For correct operation, at least two terminals on one PC / VPS are required. The first for the account from which it will copy (Server), and the second for the account to which it will copy (Client). Demo version:  https://www.mql5.com/en/blogs/post/73646
38 USD
Forex Trade Manager MT4
Forex Trade Manager MT4
InvestSoft
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market.  EA Forex Trade Mana
99 USD
Alerts to Telegram
Alerts to Telegram
Alexander Pekhterev
Alerts to Telegram   The utility sends Alerts of all your indicators or advisers to a telegram channel (group or personal message). Benefits: 1. There is no need to be at the terminal waiting for an alert from your indicator or advisor; 2. Simple setup. Currently works with terminal languages: 1.Russian; 2.English. If it is necessary to add your language please let me know. The utility works together with the AlertToFile indicator (put the indicator in the Indicators folder) Indicator:   Al
33 USD
Auto Trade Copier
Auto Trade Copier
Vu Trung Kien
Auto Trade Copie é projetado para copiar negociações entre multi contas/terminais MetaTrader 4 com 100% de precisão. Com esta ferramenta, você pode atuar tanto como um provedor (origem) ou um recebedor (destino). Todas as ações de negociação serão copiadas do fornecedor ao recebedor sem demora. Demo: Versão demonstração para teste pode ser baixado em: https://www.mql5.com/pt/market/product/4904 Referência: Se você precisa copiar entre diferentes locais através da Internet, por favor veja o Tra
79 USD
Fast Copy MT4
Fast Copy MT4
Pavel Kolchin
The program allows you to locally copy transactions between different MetaTrader 4 and MetaTrader 5 accounts in any direction and quantity as quickly and easily as possible, the program works on " Windows   PC " and " Windows VPS ". Any type of copying is available MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4 * For copying between different MT4 ↔️ MT5 terminals, you need to purchase two versions of   Fast Copy MT4  +  Fast Copy MT5 How the program works The program copies transactions between two
55 USD
Trade Assistant MT4
Trade Assistant MT4
Evgeniy Kravchenko
Trade Assistant is a trading panel designed for manual trading. The main function of the panel is to set orders and positions using pre-marking in the form of graphic lines on the chart, according to the rule (risk / reward ratio). Key features of the panel It works with any trading instruments - currency pairs, CFDs, stocks, indices, futures, cryptocurrencies. Setting stop loss and take profit as the distance in points. Marking lines of the order: entry, stop loss and take profit can be move
75 USD
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Equity Protect
Equity Protect
Heiko Kendziorra
EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. EquityProtect is very useful for
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New High Low Close Alarm
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Heiko Kendziorra
New High Low Close Alarm informs when a price leaves a trading range. The indicator draws two horizontal lines on the chart marking the lowest Low and the highest High of the n last bars ( n depending the setting). The lines can be moved in the chart after a double-click, the indicator reads its value directly from the chart. When the Bid-price passes one of the lines, an alarm informs about it. Also, a Close price over or under a line can trigger the alarm if set so. If a bar marks a new lowest
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Taipan
Taipan
Heiko Kendziorra
Taipan's algorithm bites small pieces out of   the market movements.  It opens several trades per day and closes them on the same day. More than 80% of the trades are   profitable in a historical backtest.  NO m artingale, grid trading or other dangerous method used, that at the end erases your account.  Always just one order open with tight StopLoss of 20 pip or less.   To avoid negative slippage Taipan sets limit orders in some market situations.  Taipan forward trading on a real account >>
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Trend Magic Expert
Trend Magic Expert
Heiko Kendziorra
The Trend Magic Expert trades the signals of the Trend Magic Indicator . A sophisticated take profit system lets profits grow. No martingale, no grid, never more than one order is opened, always with Stop Loss. The hour when the indicator sends a signal is important for the strategy - do not forget to set UTC (GMT) correctly according to the timezone of your broker! Settings The trading robot works on every chart and period. The input parameters are optimized for EURUSD M5 chart. UTC : (GMT) t
249 USD
Trend Magic Indicator free
Trend Magic Indicator free
Heiko Kendziorra
The Trend Magic Indicator shows the direction of a trend and indicates when it changes. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend. The indicator is the trigger for the Trend Magic Expert . Input Parameters Counter : number of bars used for calculation PowerSet : shows how near to the bars the trigger dots are placed DotSize : size of the shown dots The colors of the dots can be changed. Difference from the paid version This is a free version, it works in every
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New High Low Close Alarm Free
New High Low Close Alarm Free
Heiko Kendziorra
New High Low Close Alarm informs when a price leaves a trading range. The indicator draws two horizontal lines on the chart marking the lowest Low and the highest High of the n last bars ( n depending the setting). The lines can be moved in the chart after a double-click, the indicator reads its value directly from the chart. When the Bid-price passes one of the lines, an alarm informs about it. Also, a Close price over or under a line can trigger the alarm if set so. If a bar marks a new lowest
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Vola Alarm Free
Vola Alarm Free
Heiko Kendziorra
Vola Alarm mostra o movimento do preço atual de uma barra desde a sua abertura em % do movimento médio do preço . Se o nível ajustado for ultrapassado, o alarme é acionado. É muito útil para saber em que par está o movimento?'.O produto é interessante para estratégias como 'Abrir ordem na direção oposta' ou 'Siga um movimento forte'. O indicador é ajustado para todos os períodos. Um comentário na janela do gráfico mostra a média Highs - Lows em pontos das últimas x barras. Em seguida, ele mostra
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Equity Protect  free
Equity Protect free
Heiko Kendziorra
EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. EquityProtect is very useful for
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Crashtrader
Crashtrader
Heiko Kendziorra
CrashTrader sets two stop orders at a specified distance to latest highs and lows in a currency pair at any time. The distance shall be reviewed every minute and corrected if necessary. Once one of the stop orders is achieved by a strong price movement, a position is opened and profit-taking is done by a trailing stop (as shown in the video).  CrashTrader can be used in a variety of currency pairs and CFDs with different settings. All parameters can be set independently for buy and sell. Reall
199 USD
Vola Alarm
Vola Alarm
Heiko Kendziorra
Vola Alarm shows how much the current price of a bar moved since its opening in % of average price movement . If the adjusted level is exceeded, the alarm is triggered. It is very helpful to know: 'In which pair is movement?' The product is interesting for strategies like: 'Open order in opposite direction' or 'Follow strong movement'. The indicator is applicable in every period. A comment in the chart window shows the average of Highs - Lows in points of last x bars. Next it shows Bid - Open of
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False BreakOut EA
False BreakOut EA
Heiko Kendziorra
The False BreakOut Expert Advisor trades automatically after submission of a breakout level seen by the trader. In the upper part of the first picture below is shown the moment when the breakout level (resistance High of the week before, blue line) is overstepped to a certain amount. Then the False BreakOut Expert opens a pending order, a SellStop below the breakout level. In the lower part of the picture one can see that the breakout stopped, the price fell back to the pending order, the sell p
99 USD
False BreakOut PRO
False BreakOut PRO
Heiko Kendziorra
The False BreakOut PRO Expert Advisor (EA) trades automatically on buy and sell breakout levels marked by lines in the chart. The lines are drawn by the EA, a trader can move the lines, adjust them in the chart, no need to write these setting in the input window of the EA. The EA takes the settings directly from the chart. Just like False BreakOut EA the False BreakOut PRO opens a buy or sell stop order over a breakout level when the price goes beyond the level on a certain distance. Orders can
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Trend Magic Alarm
Trend Magic Alarm
Heiko Kendziorra
The Trend Magic Alarm shows the direction of a trend and indicates when it changes with a sound and a popup window. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend. The indicator is the trigger for the Trend Magic Expert . Input Parameters Counter : number of bars used for calculation PowerSet : shows how near to the bars the trigger dots are placed DotSize : size of the shown dots PopupAlarm : Alarm can be de/activated SoundAlarm : Alarm can be de/activated EmailAl
30 USD
Active Trader
Active Trader
Heiko Kendziorra
Active Trader is a multi strategy Expert Advisor with preset daytrading strategy. A control panel permits getting the most out of the market. A integrated strategy builder can change the preset algorithm or the user trades own ideas. Active Trader works in any currency, default settings are for EURUSD H1 chart . Set files for other currency pairs are in the Comments section. During live trading the control panel in the chart permits easy intervention in the trade. In tests with historical data
1 000 USD
Levels Trader
Levels Trader
Heiko Kendziorra
The unique Levels EA trades dozens of profitable strategies in any chart. All  strategies  are   easy to understand,  can be edited and changed to trade other strategies, currencies, CFDs or timeframes. A handful of strategies can be  downloaded in the Comments section  and with some time and patience everybody can program own trading strategies without programming knowledge. With a little analytical mind it should be easy. Signal of Levels Trader- trading 4 currency pairs >>    Take a look at t
399 USD
Limit Scalper
Limit Scalper
Heiko Kendziorra
Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss.   The default settings   are for   GBPUSD M5   chart.   Timing is important!   Set   SetUTC   (GMT) according to the timezone of your broker! More info in Comments. For a correct ba
299 USD
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Zachary David Cox
928
Zachary David Cox 2020.12.27 15:01 
 

Well done, thanks!

sunnychow
8695
sunnychow 2019.05.20 13:48 
 

Thanks for share

Vasiliy Kolesov
3226
Vasiliy Kolesov 2019.04.12 07:02 
 

Интересный индикатор. Особенно советники , построенные на его основе.

Responder ao comentário
Versão 1.1 2020.11.19
New line hld1 inserted, info in comments