Support and Resistance and Trade Management
- Утилиты
- Версия: 1.0
Overview
Advanced MT5 EA that automatically detects, scores, and visualizes support/resistance levels with integrated trading panel, risk management, and multi-channel alerts.
Installation (3 Steps)
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Copy EA File: Place Saturno_Smart_SR_PRO_EA.ex5 in MQL5\Experts\ folder
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Refresh: Right-click "Expert Advisors" in Navigator → "Refresh"
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Attach: Drag EA to chart → Click "OK" → Enable AutoTrading button
Note: Ensure "Allow Automated Trading" is checked and the EA shows a smiley face 😊
Quick Configuration
Essential Settings
| Section | Key Parameters | Recommendation |
|---|---|---|
| Risk | Risk %, SL/TP Pips | 1-2% risk, TP at 2-3x SL |
| Detection | Left/Right Bars | 5/5 for daily, 3/3 for lower timeframes |
| Display | Show levels, Dashboard | Enable all for full visibility |
| Alerts | Telegram, Popups | Setup Telegram for mobile alerts |
Telegram Setup (Optional)
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Create bot: @BotFather → /newbot → copy token
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Get Chat ID: Message bot → visit https://api.telegram.org/bot<TOKEN>/getUpdates
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Enter Token & Chat ID in EA settings
How to Use
Trading Panel (Top-Left)
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Adjust Risk% / SL / TP: Edit fields directly
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Drag Lines: Click and drag Entry/SL/TP lines on chart
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BUY/SELL: Execute market orders instantly
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BUY LIMIT/SELL LIMIT: Place pending orders at entry line
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CLOSE ALL: Close all positions for symbol
Understanding Levels
| Tier | Color | Score | Meaning |
|---|---|---|---|
| MAJOR | Gold | 50+ | Strongest levels, multiple touches |
| STRONG | Blue | 30-50 | Reliable levels, several touches |
| WEAK | Green/Red | <30 | Preliminary levels, lower confidence |
Visual Risk Box
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Green Area: Entry to TP (potential profit)
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Red Area: Entry to SL (potential loss)
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Info Label: Shows risk amount, R:R ratio, lot size
Trading Strategies
Bounce Strategy
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Find MAJOR or STRONG support/resistance
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Wait for price to approach level
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Look for reversal candlestick patterns
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Enter toward bounce direction
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SL beyond level, TP at next significant level
Breakout Strategy
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Identify major levels
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Wait for strong breakout with momentum
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Enter breakout direction
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SL just inside broken level
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TP at next major level
Troubleshooting
| Issue | Solution |
|---|---|
| No levels showing | Enable Show Support/Resistance, check "Experts" tab for errors |
| Not trading | Verify AutoTrading ON, Magic Number matches, sufficient margin |
| Telegram not working | Check Token/Chat ID, allow DLL imports, test internet |
| Slow performance | Enable "Update on New Bar", reduce Lookback Bars, enable "Hide Far Levels" |
Key Parameters Explained
| Parameter | What It Does | Adjust When |
|---|---|---|
| Left/Right Bars | Controls pivot detection sensitivity | Higher = fewer levels, Lower = more levels |
| Touch Tolerance (ATR) | How close price must get to count as touch | Increase for volatile markets |
| Minimum Score | Filters weak levels | Lower to show more levels, higher for cleaner charts |
| Merge Distance (ATR) | Merges nearby levels | Increase for cleaner charts |
Best Practices
✅ Start with defaults on demo account
✅ Use 1-2% risk per trade maximum
✅ Combine with price action for confirmation
✅ Set up Telegram for mobile trade alerts
✅ Adjust ATR parameters based on asset volatility
✅ Monitor performance and optimize gradually
Technical Requirements
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Platform: MetaTrader 5
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Assets: Forex, Metals, Indices, Crypto, Commodities
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Timeframes: All (M15-H4 recommended)
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Account: Any (Demo/Real)
Support
⚠️ Disclaimer
Trading involves substantial risk of loss. This EA is a tool to assist decision-making, not a guarantee of profits. Past performance does not indicate future results. Trade at your own risk.
Version: 2.05 | Commercial Release
