Support And Resistance Reversal EA

Support & Resistance Reversal EA  

Overview

Support & Resistance Reversal EA is a fully automated Expert Advisor designed to trade reversal strategies at key support and resistance levels. The EA intelligently identifies significant support and resistance zones based on historical price action. When the price enters these zones, the EA actively looks for reversal signals to execute Buy orders at support and Sell orders at resistance.

This EA is built with a flexible risk management system and a variety of market filters to enhance precision, allowing traders to fully customize the strategy to fit different market conditions and their personal trading styles.

Key Features



  • Support/Resistance Reversal Strategy:
    Automatically identifies S/R zones and executes trades when the price tests these levels.

  • Advanced Risk Management:

    • Fixed Lot: Uses a constant lot size for all trades.

    • Fixed Amount: Risks a fixed monetary amount (e.g., USD, EUR) per trade.

    • Percent of Balance: Risks a specific percentage of the account balance per trade.

  • Dynamic Stop Loss and Take Profit: SL/TP levels are calculated based on the Average True Range (ATR), adapting to the current market volatility.

  • Multiple Filters for Signal Confirmation:

    • ADX Filter: Option to trade only in Trending or Ranging market conditions.

    • Multi-Timeframe MA Filter: Confirms trade direction with the trend from a higher timeframe.

    • Stochastic Filter: Filters signals using Overbought/Oversold conditions for higher-probability reversals.

  • Comprehensive Order Management:

    • Break-Even: Automatically moves the stop loss to the entry price to protect capital once a trade reaches a specified profit level.

    • Trailing Stop: Secures profits by trailing the stop loss as the price moves in a favorable direction.

  • Advanced Time Filters:

    • Set a specific date range for the EA to operate.

    • Select which days of the week to trade (e.g., disable trading on Mondays).

    • Define specific hours of the day to avoid trading (e.g., during news events or market closures).

  • Pending Orders Support: Can be configured to place Buy Limit / Sell Limit orders instead of executing trades at the market price.

Input Parameters

  • General Settings

    • Magic Number: A unique identifier to distinguish this EA's trades from others.

    • Order Comment: A custom comment for trades placed by the EA.

    • Slippage: The maximum allowed price deviation in points for order execution.

  • Chart Objects

    • Draw trade info on chart?: Enables or disables the drawing of S/R zones and trade labels on the chart.

  • Zone Reversal Strategy Settings

    • S/R Lookback Period: The number of past bars used to identify the highest high and lowest low for creating S/R zones.

    • Zone Width (ATR Multiplier): A multiplier for the ATR value to determine the width of the S/R zones.

    • S/R Timeframe: The timeframe used for calculating support and resistance levels.

  • Risk & Trade Management

    • Risk Management Type: Choose your preferred method for lot size calculation (Fixed Lot, Fixed USD, Percent of Balance).

  • Stop Loss & Take Profit Settings

    • Use SL/TP?: Enable or disable the use of Stop Loss and Take Profit.

    • SL Multiplier (x ATR): An ATR multiplier to set the Stop Loss distance.

    • TP Multiplier (x ATR): An ATR multiplier to set the Take Profit distance.

  • Market Filters (ADX, MTF MA, Stochastic)

    • Configure the parameters for each indicator filter according to your strategy.

  • Trade Direction

    • Allowed Trade Direction: Choose to trade Long Only, Short Only, or both.

  • Pending Order Settings

    • Use Pending Orders?: Enable or disable the use of pending orders.

    • Pending Offset (x ATR): The distance from the zone's edge to place the pending order, based on ATR.

  • Trailing Stop & Break-Even Settings

    • Set the trigger and lock-in distances for the Trailing Stop and Break-Even functions.

  • Time Filters

    • Configure the specific dates, days, and hours for the EA's operational schedule.

Recommendations

  • Pairs: This EA is well-suited for major pairs with clear price structure, such as XAUUSD, BTCUSD, EURUSD, GBPUSD, AUDUSD, and USDJPY.

  • Timeframe: It is recommended to use the M15 M30 or H1 timeframe to identify significant S/R zones. Use the MTF filter on a higher timeframe like H4 or D1 to align trades with the larger trend.

  • Backtesting: Before deploying on a live account, it is crucial to perform thorough backtesting and optimization to find the best settings for your chosen financial instrument and timeframe.


Optimization Parameters Guide for Support& Resistance Reversal EA

For the Support & Resistance Reversal EA, optimization should focus on parameters that directly impact the Entry/Exit Logic and Risk/Trade Management.

Below are the recommended parameter groups for optimization, complete with suggested Start, Step, and Stop values for the MetaTrader 5 Strategy Tester.

 Group 1: Core Strategy

This group is the heart of the EA and directly affects trade entries. It should be optimized first.

Parameter Description Start Step Stop
InpSRZoneLookback Number of bars to find support-resistance. 20 10 150
InpZoneSensitivity ATR multiplier to set the zone width (smaller value = narrower zone). 0.3 0.1 1.5
InpATR_Period Period for the ATR indicator, used for zone width and SL/TP calculation. 10 2 30

 Group 2: Risk & Target Management (SL/TP)

This group is crucial for defining the Risk/Reward Ratio and directly impacts the Profit Factor.

Parameter Description Start Step Stop
InpSL_ATR_Multiplier ATR multiplier to set the Stop Loss distance. 1.0 0.5 4.0
InpTP_ATR_Multiplier ATR multiplier to set the Take Profit distance. 1.5 0.5 6.0

 Group 3: Signal Filters

After finding the best settings from the first two groups, enable these filters one by one ( InpUse... = true) and optimize them to improve performance and reduce false signals.

ADX Filter

Used to filter market conditions (Trending or Ranging).

Parameter Description Start Step Stop
InpADX_Period Period for the ADX indicator. 10 2 24
InpADX_Level ADX level used to define market conditions. 20 1 30

Multi-Timeframe (MA) Filter

Used to confirm the trend on a higher timeframe.

Parameter Description Start Step Stop
InpMTF_MA_Period Period for the Moving Average on the higher timeframe. 20 10 100

Stochastic Filter

Used to confirm Overbought/Oversold conditions.

Parameter Description Start Step Stop
InpStoch_Overbought Overbought level for sell signals. 80 5 95
InpStoch_Oversold Oversold level for buy signals. 5 5 20

 Group 4: Trade Management

It's recommended to optimize this group last, after you have a satisfactory core system, to improve profit management and reduce risk.

Parameter Description Start Step Stop
InpBE_TriggerPips Profit in points to trigger Break-Even. 100 50 400
InpBE_LockPips Profit in points to lock in when Break-Even is triggered. 20 10 100
InpTrailingStopPips Distance in points for the Trailing Stop. 150 50 500

 Additional Recommendations

  1. Start with Core Parameters: For your first optimization run, disable ( false ) all filters ( InpUse...Filter ) and trade management features ( InpUseBreakEven , InpUseTrailingStop ). Focus only on Group 1 and 2 to find the best core strategy.

  2. Increase Complexity Gradually: Once you have a good set of core parameters, lock those values in. Then, enable one filter at a time (e.g., set InpUseADXFilter to true) and optimize only its specific parameters to see if it improves the result. Repeat for each filter.

  3. Parameters to Exclude from Optimization:

    • InpMagicNumber , InpOrderComment , InpSlippage : Set these once and do not change them.

    • InpRiskType , InpRiskPercent : You should use a fixed risk setting for all tests to ensure a fair comparison of results.

  4. Beware of Over-optimization: "Curve-fitting" the parameters perfectly to historical data can lead to poor performance in live markets. Choose a set of parameters that shows robust and consistent results over various periods.

  5. Forward Test: After finding a satisfactory set from backtesting, run the EA on a demo account for at least 1-2 months to verify its performance in a live market environment before using real money.



Disclaimer:
Trading foreign exchange carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. Please use this EA responsibly and with proper risk management.


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Scalping Robot Pro is a professional trading system designed specifically for fast and precise scalping on XAUUSD using the M1 timeframe. The system is built to capture short term market movements with accurate execution and controlled risk management. It focuses on real time price behavior, momentum shifts, short term volatility, and selective grid based trade management techniques to identify high probability trading opportunities in the gold market. Scalping Robot Pro is optimized for traders
Pac Man BTC
Thomas Christoph Lipka
5 (6)
Pac Man BTC MT5 Pac Man BTC MT5 , BTCUSD için geliştirilmiş, iki farklı işlem sistemini tek bir EA içerisinde birleştiren tamamen otomatik bir Expert Advisor'dır: Breakout ve Runner . Her iki sistem ayrı ayrı veya birlikte kullanılabilir. EA; girişleri, bekleyen emirleri, Stop Loss, Take Profit, Break-Even, Trailing ve pozisyon yönetimini otomatik olarak gerçekleştirir. Pac Man BTC MT5, Bitcoin'in yüksek volatilitesi ve özel piyasa koşulları için geliştirilmiştir. Breakout System Breakout sistem
Smart Gold Hunter
Barbaros Bulent Kortarla
4.1 (77)
No Grid / No Martingale / No Recovery / No Hedging / Single Entry with SL / One Shot Smart Gold Hunter, MetaTrader 5 üzerinde XAUUSD / Gold ticareti için bir Expert Advisor’dır. Grid’siz, martingale’siz, gerçek Stop Loss ve Take Profit mantığına sahip ve kontrollü risk yönetimi tercih eden traderlar için tasarlanmıştır. Karar vermeden önce canlı sinyali kontrol edebilirsiniz: Live Main Signal : https://www.mql5.com/en/signals/2365400?source=Site Smart Gold Hunter bir grid EA değildir ve bir mart
Quantum iGold MT5
Yassine Mouhssine
4.57 (69)
Quantum iGold MT5 — Gelişmiş AI Trading Sistemi (XAUUSD) Quantum iGold MT5 , gelişmiş Yapay Zekâ teknikleri kullanılarak geliştirilmiş tamamen otomatik bir trading sistemidir. Sistem, XAUUSD üzerindeki fiyat davranışını analiz etmek için LSTM ve Transformer modellerini birleştiren hibrit bir sinir ağı mimarisi kullanır. Bu yapı, sistemin piyasa kalıplarını tespit etmesini, volatilite değişimlerine uyum sağlamasını ve gerçek zamanlı olarak teknik açıdan rafine edilmiş trading sinyalleri üretmesin
Gold Beaver
Arnold Bobrinskii
5 (5)
Gold Beaver - sınırlı teklif $450 yerine $350. Bu fiyattan 6 kopya kaldı. GOLD BEAVER MT5 > Canlı sinyal Gold Beaver'ı herhangi bir XAUUSD grafiğine, herhangi bir zaman diliminde ekleyin; işlem açmaya başlar. Varsayılan ön ayar Combo Safe kullanıma hazırdır. HFT değildir. Düşük gecikmeli VPS gerekmez. Sinyaller M15 mum sınırlarında değerlendirilir, bu yüzden OHLC M1 ile test yeterlidir. Martingale yok. Grid yok. Ortalama düşürme yok. Her pozisyon açıldığı anda stop loss alır. Stratejiler, MT5
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Thomas Christoph Lipka
4.36 (25)
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Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.68 (31)
GÜNCELLEME: Sonraki Fiyat: 749$, Son Fiyat: 999$ Dürüstlüğe ve canlı işlemler için tasarlanmış gerçek bir işlem sistemine değer veriyorsanız, hesabınızı batırabilecek mükemmel görünen düz çizgi geri testlerinden ziyade, bu tam size göre olabilir. Martingale yok / Izgara yok 22 Ay Canlı Sinyal +%300 Canlı Büyüme [Canlı Sinyal]    |    [FTMO Sonuçları]    |    [Ana Portföy]  |    [Geriye Dönük Test Kılavuzu] Range Breakout EA neden bu kadar istikrarlı? Range Breakout EA, bilinen bir piyasa davra
Dynamic Liquidity Intelligence, piyasa yapısını analiz etmek ve bekleyen emirler (pending orders) kullanarak işlemleri gerçekleştirmek için tasarlanmış bir Uzman Danışmandır (Expert Advisor). Sistem, potansiyel kırılma (breakout) seviyelerine Buy Stop ve Sell Stop emirleri yerleştirmek için piyasa volatilitesine dayalı olarak son yüksek ve düşük seviyeleri hesaplar. EA her pozisyonu ayrı ayrı yönetir. Grid, Martingale veya pozisyon ortalaması (averaging) stratejilerini kullanmaz. Her emir, kesi
Drifter EA
Jorge Luiz Guimaraes De Araujo Dias
5 (3)
EA DRIFTER EA DRIFTER, MetaTrader 5 üzerinde otomatik altın işlemleri için geliştirilmiş bir Uzman Danışmandır. Dahili filtrelerle işlem girişlerinin seçimini, piyasa fiyatından yürütmeyi ve sepet bazlı pozisyon yönetimini tek bir arayüzde birleştirir. Sistem, işlem başlatmadan önce geçerli bir sinyal bekler. Fiyat sepetin aleyhine hareket ederse ızgara kuralları ve işlem yürütme kontrolleri çerçevesinde yeni pozisyonlar ekleyebilir. Çıkışlar, hacim ağırlıklı ortalama giriş fiyatından hesaplanan
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Bogdan Ion Puscasu
4.14 (22)
Daha Akıllı Kontrol. Daha Gelişmiş Hassasiyet. Quantum Athena X'e hoş geldiniz — Quantum Athena'nın hassasiyetini, verimliliğini ve disiplinli uygulamasını temel alan, odaklanmış ALTIN ticaret sisteminin yeni nesli. Quantum Athena X, Quantum Athena ile aynı sadeleştirilmiş temel motor ve özenle seçilmiş 6 strateji üzerine inşa edilmiştir. Her strateji, mevcut ALTIN piyasa koşulları için ayrı ayrı geliştirilmiş ve optimize edilmiştir; yeni ve güçlü Özel Mod ise yatırımcıların hangi stratejiler
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Bogdan Ion Puscasu
4.79 (19)
Quantum ekosistemi yeni bir savaş alanına giriyor ve yeni bir Komutan kontrolü ele alıyor. Sadece US30 endeksi için geliştirilen Quantum Commander, dünyanın en dinamik piyasalarından biri için tasarlanmış, tamamen otomatikleştirilmiş bir Uzman Danışmanıdır. GOLD EA'larla dolu bir dünyada, Quantum Commander öne çıkıyor. Altın odaklı birkaç lansmanın ardından, US30 ile yeni bir alana giriyoruz: yeni bir araç, farklı bir strateji ve kuantum ekosistemine gerçek çeşitlilik getirmek için güçlü bir f
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Institutional SMC Robot
Dragoljub Vujcic
5 (17)
INSTITUTIONAL SMC ROBOT VERSION 3.0 MetaTrader 5 İçin Gelişmiş Smart Money Concepts Ticaret Sistemi Yönetici Özeti Institutional SMC Robot, modern finansal piyasalar için geliştirilmiş otomatik bir ticaret çözümüdür. Üst düzey Smart Money Concepts (SMC) mimarisi üzerine inşa edilen algoritma; kurumsal emir akışı (order flow), piyasa yapısı değişimleri ve likidite dinamiklerine dayanarak yüksek olasılıklı işlemleri tespit eder ve yürütür. Geleneksel perakende göstergelerin aksine Institutional SM
Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience. With proper brokerage conditions and sufficient running time, this fully automated scalpi
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Chen Jia Qi
4.62 (26)
Gold Snap — A Fast Profit Capture System for Gold Gold Snap v2. 1 Launch Offer: The first 10 perpetual licenses ( only 7 remaining) are available for just $ 799 each, with a complimentary in- house EA for personal use. The offer ends when all promotional licenses are sold. Regular price: $ 999. Live Signal: https://www.mql5.com/en/signals/2362714 Live Signal2: https://www.mql5.com/en/signals/2372603 Live Signal 3 v2. 1 : https://www.mql5.com/en/signals/2379945 Important: After purchase, plea
Philosopher
Michael Arthur Schorr
4.43 (7)
Check Darwinex 100k LIVE SIGNAL here for Low Risk profile SPECIAL PROMOTION: PRICE WILL INCREASE to 499 $ soon 22 Gold Trading Strategies. One Coordinated System. PHILOSOPHER is the flagship XAUUSD Expert Advisor in my Roman EA Series, developed for MetaTrader 5. Gold can trend, consolidate, break out and reverse within the same trading session. PHILOSOPHER brings together 22 specialized strategy models to evaluate different types of opportunity, with shared rules for execution, position sizing
Quantum King EA
Bogdan Ion Puscasu
4.94 (221)
Quantum King EA — Her Yatırımcı İçin Geliştirilmiş Akıllı Güç IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Özel Lansman Fiyatı Canlı Sinyal:       BURAYA TIKLAYIN MT4 versiyonu :   TIKLAYIN Quantum King kanalı:       Buraya tıklayın ***Quantum King MT5 satın alın ve Quantum StarMan'i ücretsiz edinin!*** Daha fazla bilgi için özelden sorun! İşlemlerinizi hassasiyet ve disiplinle yönetin. Quantum King EA,
TitanForge EA MT5
Maxim Kurochkin
5 (8)
TITANFORGE EA MT5 XAUUSD H1 İÇİN ALGORİTMİK MOMENTUM VE SWING SİSTEMİ TitanForge EA, özellikle Altın (XAUUSD) ve H1 zaman dilimi için geliştirilmiş otomatik bir işlem sistemidir. Strateji; yönlü momentum, volatilite genişlemesi ve kontrollü pozisyon yönetimine odaklanır. Sistem, piyasada sürekli açık kalmak yerine belirli piyasa koşullarının oluşmasını bekler. Grid yok. Martingale yok. Kontrolsüz averaging yok. Her işlem, sabit Stop Loss dahil olmak üzere önceden tanımlanmış koruma parametreleri
Goldwave Ultra EA
Shengzu Zhong
4.5 (4)
Gerçek İşlem Hesabı — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra, yukarıda MQL5 üzerinde gösterilen doğrulanmış canlı sinyal ile aynı temel işlem mantığını ve yürütme çerçevesini kullanır. EA, önerilen optimize ayarlarla ve güvenilir bir ECN/RAW Spread brokerında ( örneğin TMGM ) kullanıldığında, canlı işlem davranışı; canlı sinyalde görülen işlem yapısı, risk yönetimi ve yürütme özellikleriyle mümkün olduğunca yakın şekilde çalışacak biçimde tasarlanmıştır.
Impulse MT5
Simon Reeves
5 (15)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
Wave Rider EA MT5
Adam Hrncir
4.81 (43)
Scalper speed with sniper entries. Built for Gold. VERY LIMITED PRICE - 249 USD  (499 USD regular)  to celebrate upcoming WR6 launch in upcoming weeks Tired of all the fake EAs that eventually disappear? Most authors just create another EA when it fails - I wanted to do it differently. Wave Rider is my personal project built out of passion - honest, transparent EA without any fake AI or manipulated back-test that's been continuously updated for more than 6 months, that I am using myself from ver
Cosmos Orion
Chen Jia Qi
5 (1)
Cosmos Orion — Gold H2 Three-Point Structure Breakout EA Build order in a chaotic market. Most gold EAs either guess the direction or hide risk behind grids and martingale. Cosmos Orion does neither. It doesn't predict the market. It waits for price to form a confirmed three-point structure, enters only on a real breakout, and protects every order with a hard Stop Loss. A practical system, built for real-world trading. Early-bird price $299 — first 10 copies only. Users who purchase now will al
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Harmonic Confluence Indicator Basic
Noppadon Boonpromuppatham
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Noppadon Boonpromuppatham
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Noppadon Boonpromuppatham
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Harmonic Confluence EA
Noppadon Boonpromuppatham
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