Day Trades Support and Resistance

5

Day Trades Resistance and Support (daytradesSR) is an indicator composed of

1.  The main line (support/resistance line),  which shows

i.   either UP or DOWN trend

ii.  levels of dynamic support or resistance   

2.    A specific range defined by a line for range high and another line for range low.   These lines serve as weak secondary support or resistance.   

3.   When the main line (support/resistance line) is first hit by the price after a detected trend reversal, either an UP ARROW (support) or DOWN ARROW (resistance) sign will appear on the main line.

4.    There is an option for ARROW signs appear on the price as soon as a new trend is detected, i.e. trend reversal.  

Users should examine their trading positions rigorously whenever the abovementioned 3 & 4 happen.

All abovementioned levels can be read from the MT4 Data Window (Ctrl-D).

Input parameters:

-    Trends Detection Sensitivity:  It has options from high to low, which controls the baseline for predicting trend reversals.    In case of lower sensitivity,  a longer baseline is used and the indicator becomes less responsive to price changes. 

-   Short trends filter:  It has options from strong to weak, and defines the threshold of price actions identified as an early sign of trend reversal.  The stronger the filter, the more short trends will be filtered out.  

-   Technical Objective (since version 2.0):  It has 3 options to set the SR level more closely to the price:  General analysis, Trading (General), Trading (Aggression).   

Timeframes:  as short as 1-min timeframe for day trades, and up to 4-hr timeframe for traders looking for long trends.       

Screenshots: EURUSD with default input options for 1-min, 5-min, 15-min, 30-min, 1-hr and 4-hr timeframes (Ver 1.0)  

Day Trades Resistance and Support (daytradesSR) is a professional grade forex indicator with proprietary algorithm. 

Designed for day trades.  Suitable to both traders and analysts. 


Değerlendirmeler 1
Aravind Kolanupaka
10069
Aravind Kolanupaka 2021.02.15 16:21 
 

Useful indicator to confirm trend direction

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GEM Signal Pro GEM Signal Pro, MetaTrader 4 için geliştirilmiş bir trend takip göstergesidir ve daha net sinyaller, daha düzenli işlem kurulumları ve daha pratik risk yönetimini doğrudan grafik üzerinde görmek isteyen yatırımcılar için tasarlanmıştır. Sadece basit bir ok göstermek yerine, GEM Signal Pro işlem fikrinin tamamını daha temiz ve daha okunabilir bir şekilde sunmaya yardımcı olur. Koşullar onaylandığında, gösterge giriş fiyatını, stop loss seviyesini ve take profit hedeflerini grafik ü
Product Name:   Quantum Regime Indicator Short Description:   A multi-engine structural regime and volatility filter. Description: Quantum Regime Indicator (QRI) is a sophisticated technical analysis algorithm designed to identify market structure shifts and volatility regimes. Unlike standard indicators that rely on immediate price action, QRI utilizes a hierarchical logic architecture to filter market noise and identify statistical extremes. The indicator is built on the philosophy of "Market
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
PairMaster Buy Sell Arrow Indicator for MT4 Trade Reversals Like a Pro — Catch Every Swing Point with Precision The PairMaster Buy Sell Arrow Indicator is a powerful MetaTrader 4 tool built to identify high-probability swing trading opportunities . Designed for traders who value accuracy, clarity, and simplicity, PairMaster detects key market turning points and plots intuitive buy and sell arrows directly on your chart. Key Features Accurate Swing Point Detection – Automatically identifies ma
Weis Wave with Alert
Trade The Volume Waves Single Member P.C.
4.82 (22)
Rental/Lifetime Package Options and Privileges' Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x   How to trade info visit:    http://www.tradethevolumewaves.com   ** If you purchase please contact me to setup your  : training Room and  complete manual access.  This is
The Nihilist 5.0 Indicator includes Forexalien and Nihilist Easy Trend trading strategies and systems. It is composed of an MTF Dashboard where you can analyze the different input possibilities of each strategy at a glance. It has an alert system with different types of configurable filters. You can also configure which TF you want to be notified on your Metatrader 4 platform and Mobile application The indicator has the option to view how could be a TP and SL by using ATR or fixed points, even w
"Dragon's Tail" is an integrated trading system, not just an indicator. This system analyzes each candle on a minute-by-minute basis, which is particularly effective in high market volatility conditions. The "Dragon's Tail" system identifies key market moments referred to as "bull and bear battles". Based on these "battles", the system gives trade direction recommendations. In the case of an arrow appearing on the chart, this signals the possibility of opening two trades in the indicated directi
The Hurricane Indicator
Paul Nicholas Clevett
5 (1)
Currently switched to the 4 hour chart - but use other time frames for confirmation. :-)  I change my main time frame based on the market movement at the time. The Hurricane Forex Indicator is a multi time frame indicator that includes such things as Trade Notifications, Trade Calculator, Momentum Indicator, risk reward and much more. We have a free Trade room for our users as well. Please check out the video for full details of how this indicator works as it has over 15 years worth of developme
Beast Super Signal
Florian Zuercher
4.73 (89)
Kârlı ticaret fırsatlarını kolaylıkla belirlemenize yardımcı olabilecek güçlü bir forex ticaret göstergesi mi arıyorsunuz? Beast Super Signal'den başka bir yere bakmayın. Bu kullanımı kolay trend tabanlı gösterge, sürekli olarak piyasa koşullarını izleyerek yeni gelişen trendleri araştırır veya mevcut trendlere atlar. Canavar Süper Sinyali, tüm dahili stratejiler birbiriyle uyumlu ve %100 örtüştüğünde bir al ya da sat sinyali vererek ek onay ihtiyacını ortadan kaldırır. Sinyal oku uyarısını aldı
Hidden Cycles
Lev Vladimirovic Marushkin
5 (1)
The Only 100% Universal Tool! Stop trading against nature! This is your chance to secure the only indicator rooted in the absolute laws that govern the entire universe. Most tools guess—this one reveals the truth. Buy another toy or buy the truth. Your choice... Based on Universal Laws — NOT Some Guy’s Algorithm: Let the market adjust to the Hidden Cycles Geometry — not the other way around. Most indicators are based on a man-made formula. They often lag, fail over time, or need constant re-o
Yazarın diğer ürünleri
1. Specifically used on EURUSD 15Min timeframe 2. Default parameter is ready for direct trading 3. A fix Stop Loss/Take Profit of 764 points (76.4pips) for a new position 4. A maximum of 1 additional position is added upon specific condition.   5. Proprietary algorithm is used.  No martingale.   Not a cheating EA using.  However, use on other currency pairs is NOT recommended. 6. The only parameter you need to enter is the lot size for new position. 
Filtrele:
Aravind Kolanupaka
10069
Aravind Kolanupaka 2021.02.15 16:21 
 

Useful indicator to confirm trend direction

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