Support and Resistance Deluxe
- Göstergeler
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Rodrigo Rethka Goncalves
I’m a self-taught coder, and I develop my indicators and EAs through trial and error until I reach my goals.
I'm new to MQL, but I have extensive experience in coding.
Feel free to test my work, and if you like it and want to support my efforts, consider purchasing my products. - Sürüm: 2.20
- Etkinleştirmeler: 5
📈 Support & Resistance Deluxe v2.20 – Your Smart Radar for Key Market Levels! 💎
✨ A powerful indicator for demanding traders who seek precision, clarity, and reliable signals for support and resistance!
🔍 What Does This Indicator Do?
This is an advanced Support and Resistance indicator for MetaTrader 4 (MT4) that:
🧠 Automatically scans your chart to detect the most relevant levels based on:
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Price highs and lows
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Volume (optional)
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Number of touches (for level validation)
📉📈 Plots lines and visual zones directly on the chart, showing:
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🟥 Resistance levels
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🟩 Support levels
⚡ Generates BUY and SELL SIGNALS based on:
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Breakouts or reactions at levels
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Confirmed by price action and smart logic
🛠️ Exclusive Features
✅ Dynamic Level Detection with adjustable sensitivity
✅ Support & Resistance Zones with customizable opacity
✅ Visual Arrows for Signals 🟢⬆️ and 🔴⬇️
✅ Real-Time Alerts (sound and popup) 🔔
✅ Volume Filter for level validation (toggleable)
✅ Level Strength Check with minimum required touches
✅ TrendLine Guide (dotted line) for visual orientation 📊
✅ Clean, user-friendly interface – fully MT4 compatible
✅ Option to plot arrows on the next candle (more predictability)
🎨 Clean and Informative Visuals
📌 Resistance Lines: Dark Red
📌 Support Lines: Dark Green
📌 Buy Arrows: Lime Color ⬆️
📌 Sell Arrows: Red Color ⬇️
📌 Trend Line: Dotted Gray
📌 Zones: Color rectangles with transparency 💡
⚙️ Fully Customizable Inputs
| Parameter | Description |
|---|---|
| 🔁 LookBack | Number of candles to analyze |
| 🎯 Sensitivity | Precision required to validate a level |
| 🔽 MinTouches | Minimum number of touches for level validation |
| 💬 ShowAlerts | Enable or disable signal alerts |
| 📊 UseVolume | Whether to include volume in the analysis |
| 🧱 ShowZones | Show visual support/resistance zones |
| 🎯 ArrowSize | Size of the signal arrows |
| 🧭 ShiftArrowsNextBar | Plot signals on next candle (true/false) |
📌 Perfect For:
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Price Action Traders 📐
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Reversal or Breakout Strategies 🔁
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Scalpers, Day Traders, Swing Traders 🚀
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Anyone who needs objective levels and auto signals
💼 Licensing & Compatibility
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📦 Compatible with any asset and timeframe
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💻 Lightweight and fast – No MT4 lag
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🧠 Clean, stable code – No repainting of levels
🔔 Add it to your trading toolkit today and elevate your market insight with Support & Resistance Deluxe v2.20!
