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Support and Resistance Levels on AZZD and EF MT5

This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening.

Parameters

  • ForcedTF - chart timeframe for level calculation (may be equal to the current one or exceed it)
  • MaxBarsLimit - limitation on the amount of bars used for calculation (to accelerate the indicator and reduce the load on CPU)
  • MinPipsLevelWidth - minimum level width in points (used for very tight levels)
  • Use ZigZag Extremums points - enable/disable using ZigZag peaks to calculate support/resistance levels
  • Fixed pips range - distance between the minimum and the maximum for calculating ZigZag indicator
  • UseDynamicRange - enable/disable dynamic calculation of the distance between the minimum and the maximum for ZigZag indicator
  • Dynamic volatility period - volatility period for calculating the dynamic distance between the minimum and the maximum for ZigZag indicator
  • Dynamic volatility koefficient - volatility multiplier for calculating the dynamic distance between the minimum and the maximum for ZigZag indicator
  • Use Fractals points - enable/disable using Fractals to calculate support/resistance levels 
  • Left fractal bars count - number of bars from one side for searching Fractals (excluding the central one)
  • UseNarrowBands - enable/disable "wider" levels (calculation is performed by max and min price values of bar opening/closing)
  • KillRetouch - enable/disable creating a new level if it is formed inside the existing one
  • TopColor - resistance level color
  • BotColor - support level color
  • ShowLevelsPriceLabels - enable/disable level price labels
  • PriceLabelWidth - size of a level price label
  • TouchAlert - enable/disable alert when level is touched
  • BreakAlert - enable/disable alert at level breakdown
  • BreakOnClose - consider a breakout only after the bar closes behind the level (false - the current bar's price enters the level)
  • EnableAlertMesage - enable/disable text message
  • EnableAlertNotification - enable/disable notification
  • EnableAlertMail - enable/disable e-mail messages
  • EnableAlertSound - enable/disable sound alert
  • AlertSoundFileName - sound alert file name

МТ4 version: https://www.mql5.com/en/market/product/7787

Comentários 3
Sunshineextra
25
Sunshineextra 2020.01.08 14:27 
 

This product is awesome. Real value for money. Thanks Sergey for making the price affordable.

Oluwaseyi Olakojo
159
Oluwaseyi Olakojo 2019.06.04 13:08 
 

Great indicator

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Bernhard Schweigert
⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here The SPECIAL: Arrows in sub-window to show strong currency moment
128 USD
VTrende
Andrey Dyachenko
VTrende - MTF indicator for trend trading with a display panel for MT5 Although the signals of the VTrende indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. The main task of the indicator - is to determine the points of change in the direction of the trend. The indicator signal appears in two versions: Advance - when the trend ends To be continued - when the trend is already on The indicator sho
497 USD
Meta Trend
Ehsan Tarakemeh
Meta Trend Indicator  is the most efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Click here for
99 USD
Excessive Momentum Indicator MT5
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
250 USD
RadarPriceActionMT5
Roman Lipatov
Эта панель предназначена для быстрого визуального поиска паттернов "price action" по нескольким торговым инструментам одновременно. Есть возможность добавлять и удалять торговые инструменты. По клику на сигнальную кнопку осуществляется быстрый переход на график с данным паттерном и таймфреймом. Панель ищет 8 свечных паттернов: PIN-BAR, EXTERNAL BAR, INSIDE BAR, DOJI, LEVEL, HIGH/LOW OF N BAR, FAKEY, ONE-WAY N BAR. Отключение любого из паттернов осуществляется кликом по его заголовку. Также имеет
75 USD
Resistance and Support Zones MTF for MT5
Pavel Zamoshnikov
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 pos
40 USD
LT Easy Market
Thiago Duarte
Easy Market torna o mercado mais fácil de operar. Ele te proporciona ver um mercado "eternamente" lateral (sem tendência), tornando extremamente fácil ver quando o preço está sobre comprado ou sobre vendido. Tanto quem gosta de operar tendência quanto mercado consolidado irá gostar do Easy Market. Você pode usá-lo como uma janela auxiliar (em baixo do gráfico) ou em modo tela cheia. Veja as capturas de tela e note como ele te dá entradas precisas! Versão de demonstração:   https://www.mql5.com/p
50 USD
Naked Forex Tweezer Pro Indicator for MT5
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let users
177 USD
PZ Harmonacci Patterns MT5
Arturo Lopez Perez
Este é sem dúvida o indicador de reconhecimento automático de formação de preço harmônico mais completo que você pode encontrar para a MetaTrader Platform. Ele detecta 19 padrões diferentes, leva as projeções de Fibonacci tão a sério quanto você, exibe a Zona de Reversão Potencial (PRZ) e encontra níveis adequados de stop loss e take-profit. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Detecta 19 formações harmônicas de preços diferentes Tr
399 USD
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Sunshineextra
25
Sunshineextra 2020.01.08 14:27 
 

This product is awesome. Real value for money. Thanks Sergey for making the price affordable.

Oluwaseyi Olakojo
159
Oluwaseyi Olakojo 2019.06.04 13:08 
 

Great indicator

tito.vinicius
263
tito.vinicius 2018.06.20 20:30 
 

Usuário não fez qualquer comentário quanto a classificação

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Versão 1.2 2020.07.13
Recompiled in the new version of the terminal.
Versão 1.1 2019.11.11
Added alerts about breaking and touching the levels