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Resistance and Support Zones for MT4 Demo

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 positions for sale and purchase are formed. We will call it the Support-Resistance Zone

This is a demo version of the indicator. It is fully functional on NZDUSD only
It will not work on other instruments

You can purchase the full version of the indicator here


Indicator Features:

  • Data on resistance/support zones are collected from four timeframes (H1, H4, D1 and W1) and analyzed on a single chart of any timeframe (from M1 to MN)
  • Any operations with zones for quick and convenient analysis are available: overlapping zones from different TFs in different combinations, deleting, displaying zones with and without filling, showing and hiding “old” zones (worked out) that are already broken
  • Display of “round” psychological levels such as 1.30000 and 1.31000. It is possible to display intermediate levels of type 1.31500
  • Quick and easy one-click operation with the keypad
  • Sound messages about touch, breakdown, rebound from the zone. Supports sending E-mail and Push messages


The indicator is absolutely necessary for any trading strategy:

  • With its help it is easy to determine where to take profits and set the Stop-Loss level
  • It will increase the reliability of opening a position from any signal:
    • Just open a deal on the signal that formed after a rebound from a strong support-resistance zone - the probability of profit will increase many times
    • Close the deal at the nearest border of the opposite zone
  • It perfectly complements the candle analysis - it strengthens the reversal candle models of the Hammer/Shooting Star, Engulfing type
  • Perfectly combined with other elements of the Price Action: Pin-bar, Outside Bar, the Pattern-123

To automatically detect the Pattern-123 you can use a special “Pattern-123” indicator – the combined use of both indicators brings excellent trading results!


Please note:

  • The more support-resistance zones appear on a larger TF, the stronger they are
  • Coincidence of zones from several timeframes increases the probability of a rebound from this price range (to display zones from different TFs simultaneously, the “Save” button must be pressed)
  • The reaction of the price to approaching important levels (zones) will help determine the direction of future movement (breakdown or rebound)
    Do not use the first reaction of the price to the level for immediate entry into the trade!
    This may be a minor correction, after which the price will break through the zone and the old trend will continue. This is especially common in weaker zones from TF H1. Be sure to wait for the zone retest
  • The price can react not only to the current active zones, but also to the old zones that were broken earlier. To enable the display of old zones there is a corresponding button

You can download the version for MetaTrader 5 from here


Indicator Parameters

--- General settings ---

  • Control Panel corner - angle bindings of the button control panel
  • Number of bars for calculation - number of bars for calculating support-resistance Zones

--- Resistance/Support Zones settings ---

  • Support Color H1-H4 (D1-W1) - Support Zone Colors with H1-H4 timeframes (and D1-W1)
  • Resistance Color H1-H4 (D1-W1) - Resistance Zone Colors with H1-H4 timeframes (and D1-W1)
  • How many days to show Broken Zones - number of days since breaking through the "old" Zones to display them
  • Broken Zones Color - Color of the "Old" Zones

--- Round and Half Levels settings ---

  • Round Levels Color - Color of "round" levels of type 1.31000
  • Round Levels Width - Width of the "round" levels
  • Half Levels Color - Color of "Half" levels of type 1.31500
  • Half Levels Style - Display style of the "Half" levels

--- Message settings ---

  • ON/OFF - Alert – enable messages in the terminal (+ sound)
  • ON/OFF - Mail – enable E-mail
  • ON/OFF - Push – enable push notifications to mobile devices
Comentários 1
aces70
871
aces70 2020.06.14 03:58 
 

Good indicator to identify S&R zones. Few indicators does that. Messages generated after hitting zones is confusing. Would appreciate simpler messages like 'price is entering / leaving zones' either during open or closed candles. Haven't fully tested the indicator yet. Would be interesting to see the messages generated when zones overlaps each other. Definitely a good buy.

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THE GOAT INDICATOR ON THE MQL5 MARKET!  ⭐⭐⭐⭐⭐ ⭐️ GET THIS INDICATOR AND STOP LOOKING FOR ANOTHER INDICATOR ⭐️ ⭐️ GET IT NOW BEFORE PRICE INCREASE! ⭐️ SPECIAL DISCOUNT FROM 138$   ->   NOW ONLY 88$!!! 2020 Breakthrough Indicator! 🔥 Imagine that indicators can move the price/market!  This indicator use for predict price movement! Using special algorithm for predicting the next price movement! This indicator can be used in any timeframes and any symbols! You can use it for binary option signal
88 USD
AFX Stochastic Trendline
Arash Lakzadeh
The " AFX Stochastic TrendLine " draws all trendlines automatically, on the Stochastic indicator with special features. Fully Customizable Features AFX Stochastic TrendLine Indicator draws the following on the Stochastic indicator: Moving Average Bollinger Bands Trendlines Channels Linear Regression Channels Input Parameters ====== Stochastic Settings ====== %K of Stochastic %D of Stochastic Slowing of Stochastic PriceField of Stochastic Method of Stochastic Mode - select MAIN line or SIGNAL l
40 USD
Trend dashboard
Jan Flodin
This  multi time frame and multi symbol  trend indicator sends an alert when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average (single or double (MA crossover)), RSI, Bollinger bands, ADX, Composite index, Parabolic SAR, Awesome (AO) or MACD (signal line). It can be used with all time frames from M5 to MN. The colors in the dashboard are green for bullish, red for bearish and blue for neutral (indicator values not in ra
39 USD
PipTick Correlation MT4
Michal Jurnik
PipTick Correlation shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation (corellation is above 80 %) Negative correlation (corellation is below -80 %) Weak or no correlation (corellation is between -80 and 80 %) Main features The indicator shows actual correlation between the selected instruments Simple comparison of
67 USD
BlueDigitsFx Easy 1 2 3 System
Ziggy Janssen
*All In One System Indicator, Breakthrough solution for any Newbie or Expert Trader! Message Me Immediately After Purchase For Installation Help and V.I.P Access With Additional Strategies BlueDigitsFx Explains How To Use The System In Detail :  https://youtu.be/fIOWwWuE5ZQ BlueDigitsFx's Easy 1 2 3 System is an all in 1 Indicator with a variety of options to work with. Performs Amazingly with a Market Base Line for example; 50ema, 200ema, Kijun sen,... Performs Amazingly with a s
98 USD
Price deviation MA
Illia Zhavarankau
Price deviation MA The indicator in a separate window displays the value of the price deviation ( % ) from the specified value of the  Moving Average . It can be used both for fixing positions and opening new positions. Input parameters: 1. The averaging period for calculating the moving average. 2. Averaging method. It can be any of the ENUM_MA_METHOD values: MODE_SMA - Simple averaging; MODE_EMA - Exponential averaging; MODE_SMMA - Smoothed averaging; MODE_LWMA - Linear weighted averaging. 3.
50 USD
RiveR Scope
Ruslan Losin
RiverScope automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (30+). The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in real time depending on the current price. Advantages flexible cu
50 USD
Gann s Eighth
Francesco Rubeo
This indicator will let you have at disposal Gann's Eighth, with few clicks!! Gann's Eighth were used by this great Trader to obtain the maximum fluctuation price and the possible inversion points of it. Gann have always given importance to the number 8 in his studies, an it is the reason why we find the retracement points as 0.25(10/8=1.25). Other than the number 8, also the numer 3 had is own importance in Gann, number founded in the eighth division, infact we have three eighth describing the
49.99 USD
RSI Levels Alert
Snapdragon Systems Ltd
Our custom RSI indicator uses the standard RSI calculation, but it adds a few super-useful upgrades. In our opinion this is the RSI indicator that should come standard with MT4! Have a look and decide for yourself! Our indicator has the following benefits: Never miss another RSI set-up when you are away from your computer A colored RSI line makes it easy to see when price is overbought or oversold Get alerts when price moves into overbought/oversold, out of overbought/oversold, or both Custo
30 USD
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aces70
871
aces70 2020.06.14 03:58 
 

Good indicator to identify S&R zones. Few indicators does that. Messages generated after hitting zones is confusing. Would appreciate simpler messages like 'price is entering / leaving zones' either during open or closed candles. Haven't fully tested the indicator yet. Would be interesting to see the messages generated when zones overlaps each other. Definitely a good buy.

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Versão 12.0 2020.10.05
Now the indicator remembers its state and restores it on the next boot
Versão 11.0 2020.07.29
Fixed a bug that caused the indicator to not work if it was loaded from a template