Support Resistance Catcher

Support Resistance Catcher Indicator Features and Explanation

Overview:
The Support Resistance Catcher is a custom MT5 indicator designed to identify and visualize supply (resistance) and demand (support) zones based on candlestick price action. It detects zones where price has reversed after rallies or drops, using wick rejections and clustering. The indicator draws horizontal rectangles for active and historical zones, with customizable colors, labels, and alerts.

Key Features:

1. Zone Detection:
   - Identifies supply zones (resistance) from upper wick rejections at local highs
   - Identifies demand zones (support) from lower wick rejections at local lows
   - Uses configurable lookback period (PivotPeriod) for local max/min detection
   - Clusters zones with minimum distance control (Overlook)
   - Adjusts zone width based on Sensitivity parameter

2. Zone Management:
   - Limits active zones to NumberOfZones (default 3)
   - Displays up to HistoricalZones (default 100) historical zones
   - Zones persist until broken through by price
   - Historical zones shown with dashed style

3. Visual Elements:
   - Supply zones: Tomato-colored rectangles (configurable)
   - Demand zones: YellowGreen-colored rectangles (configurable)
   - Optional fill with 30-40% opacity
   - Labels showing "Resistance" or "Support"
   - Optional arrows pointing to new zones
   - Historical zones drawn thinner/dashed

4. Alerts:
   - Popup alerts when price approaches zones within Alert_Pip_Distance
   - Prevents spam with 60-second cooldown
   - Compatible with sound/email/push (uses standard Alert() function)

5. Performance Optimizations:
   - Processes only BarsToCalculate (default 3000) recent bars
   - Incremental calculations to avoid lag
   - Efficient looping and caching
   - No repainting after candle close

6. Testing Mode:
   - Fully compatible with Strategy Tester visual mode
   - Draws historical zones accurately during backtesting

Inputs:

- Leverage: Account leverage (included but not actively used, default 100)
- NumberOfZones: Maximum active zones displayed (default 3)
- HistoricalZones: Maximum historical zones displayed (default 100)
- BarsToCalculate: Number of bars to process (default 3000)
- PivotPeriod: Lookback for local highs/lows (default 20)
- Overlook: Minimum bars between zones (default 10)
- SupportResistanceStrength: Reserved for future strength filtering (default 10)
- Sensitivity: Zone width adjustment (0.8 = wider zones, lower = wider)
- Show_Arrows: Enable arrows for new zones (default false)
- Color_of_Supply: Color for supply zones (default clrTomato)
- Color_of_Demand: Color for demand zones (default clrYellowGreen)
- Fill_Zones: Enable rectangle fill (default false)
- Show_Distance_from_Levels: Reserved for distance display (default false)
- Alert_Allowed: Enable alerts (default false)
- Alert_Pip_Distance: Pip distance for alerts (default 1)

How to Use:
1. Attach to any timeframe chart (tested on EURUSD H4)
2. Adjust inputs for your preferences
3. Observe rectangle zones on chart
4. Use as support/resistance levels for trading decisions
5. Enable alerts for notifications near zones
6. Historical zones provide context for zone strength

Compatibility:
- MetaTrader 5 only
- Works on any symbol and timeframe
- Optimized for real-time and backtesting use

Note: Zones are detected on closed bars only, ensuring no repainting.
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SMC Institutional Suite v3.7 Professional Smart Money Concept Indicator for MetaTrader 5 What is New in Version 3.7 - Visual Stability Update This release focuses entirely on one goal: making every zone, label, and line on your chart rock-solid stable. There is no more flickering, no more zones disappearing on a new candle, and no more duplicate drawings. Order Block (OB) zones no longer flicker or disappear. Once drawn, they stay permanently on the chart. Equal Highs and Equal Lows (EQH / EQL)
" Dynamic Scalper System MT5 " göstergesi, trend dalgaları içinde işlem yapmak için scalping yöntemi için tasarlanmıştır. Başlıca döviz çiftleri ve altın üzerinde test edilmiştir, diğer işlem araçlarıyla uyumluluğu mümkündür. Ek fiyat hareketi desteğiyle trend boyunca pozisyonların kısa vadeli açılması için sinyaller sağlar. Göstergenin prensibi. Büyük oklar trend yönünü belirler. Küçük oklar şeklinde scalping için sinyaller üreten bir algoritma trend dalgaları içinde çalışır. Kırmızı oklar yü
==================================================================== SMC Pro v6.1 APEX AI — XAUUSD Gold Empire MetaTrader 5 Göstergesi · Smart Money Concepts · Öngörücü Zekâ Motoru ==================================================================== SMC Pro v6.1 APEX AI, MetaTrader 5 üzerinde yalnızca XAUUSD (altın) için geliştirilmiş profesyonel bir Smart Money Concepts gösterge sistemidir. Tam SMC çerçevesini — Order Blocks, Liquidity sweeps (likidite süpürmeleri), Fair Value Gaps, Break of
Footprint is an indicator for order flow and volume analysis. It helps identify market structure at the cluster level, find key zones with increased activity, and work with filters directly on the chart without constantly opening the settings window. Footprint Indicator Features cluster-based Bid x Ask and Delta charts; on-chart control panel; sliders for filter adjustments; Absorption; Initiative; Stacked Imbalances; Big Trades; dPOC / Dynamic Point of Control; Delta; side market profile; cumul
WaveSniper
Alessandro Farinella
Wave Sniper One indicator. Adaptive baseline, multi-layer signal engine, and closed-bar confirmed entries — designed for traders who want precision without complexity. I tried to build the perfect indicator. I ended up deleting most of them. I used, studied and coded hundreds of indicators. I analyzed and converted entire libraries from PineScript, ProRealCode, EasyLanguage, MQL. Oscillators, moving averages, bands, candlestick pattern: you name it! I spent weeks, even months optimizing param
CGE Trading Suite
Carl Gustav Johan Ekstrom
5 (2)
Institutional-Grade Analytics for MT5 The full analytical edge of a professional trading desk, built into your MT5 chart. CGE Trading Suite is an indicator system of 18 integrated modules covering market structure, timing, momentum, and capital flow — combined into a single chart-based workspace. Why CGE Trading Suite? The suite empowers traders with structure, confidence, and consistent performance across all markets and time frames. Hover over any signal or tool on the chart to instantly see
This indicator automatically detects internal & swing market structure, Fibonacci Retracement and Fibo Levels. Features Full internal & swing market structure labeling in real-time Fibonacci Retracement Fibonacci Levels After purchasing the indicator, the full source code is provided, and via indicator buffers it can be easily integrated into your Expert Advisors (EAs) for automated trading strategies.
VTrende Pro
Andrii Diachenko
5 (1)
VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro 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. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves -    S
Euro Escalper
Cristofher Robles
Euro Escalper — Profesyonel Kurumsal Scalping Indikatoru Euro Escalper , her giriste kurumsal hassasiyet talep eden traderlar icin tasarlanmis yuksek performansli bir trading indikatoru. Sentetik Endeksler (Deriv), Forex ve MetaTrader 5 uzerinde mevcut olan herhangi bir varlik ile calisir. Fibonacci tabanli likidite zonlari, entegre SuperTrend motoru ve gercek zamanli profesyonel bir kontrol panelini bir araya getirir. Temel Avantajlar Yeniden Cizim Yok: Sinyal oklari yalnizca mum kapanisinda go
Premium seviye, %80'den fazla doğru tahmin doğruluğuna sahip benzersiz bir göstergedir! Bu gösterge en iyi Ticaret Uzmanları tarafından iki aydan uzun süredir test edilmiştir! Yazarın göstergesini başka hiçbir yerde bulamazsınız! Ekran görüntülerinden bu aracın doğruluğunu kendiniz görebilirsiniz! 1, sona erme süresi 1 mum olan ikili opsiyon ticareti için harikadır. 2 tüm döviz çiftleri, hisse senetleri, emtialar, kripto para birimleri üzerinde çalışır Talimatlar: Kırmızı ok göründüğü an
ZIVA Signal Intelligence
Hassan Abdullah Hassan Al Balushi
ZIVA Signal Intelligence An Adaptive, Modular Market Intelligence System ZIVA Signal Intelligence is not positioned as a conventional trading indicator. It is a fully integrated, proprietary market intelligence system engineered to deliver structured, high-precision interpretation of price behavior within a controlled analytical environment. Developed through an independent architectural approach, ZIVA does not rely on, derive from, or replicate existing indicators. It represents a standalone
Filtrele:
Thanh Tuyen Hoang
70
Thanh Tuyen Hoang 2025.09.29 01:17 
 

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