Support Becomes Resistance SR Flip Mhw

Support Becomes Resistance SR Flip Mhw automatically draws Buy and Sell zones on your chart. An SR Flip zone is a price area where old resistance has been broken and now acts as support, or old support has been broken and now acts as resistance. Price often comes back to retest these areas before it continues. This indicator does not give signals or entry alerts. You can combine it with your own techniques to make your analysis stronger.

This is the free version. If you want the full version, where these SR Flip zones are combined with other indicators to find sharper entries, measure your take-profit distance and get trading signals, you can buy Multi Indi Signal Mhw from my profile.


HOW TO USE
1. Attach the indicator to your chart. The chart colours follow the Chart Theme input.
2. Read the direction from the zone: a Buy zone below price means the bias is up, a Sell zone above price means the bias is down.
3. Wait for price to come back to the zone.
4. Look for a rejection: a candle that touches the zone and closes back out of it.
5. Buy from the Buy zone, sell from the Sell zone. Place your stop loss beyond the far edge of the zone.
6. If a candle closes through the zone, the zone is broken and the setup has failed. The zone is removed from the chart. If you have not entered yet, do not trade it and wait for the next zone. If you are already in a trade, your stop loss beyond the zone limits the loss.
7. When a Buy zone and a Sell zone are shown together, the market is ranging. Trade from the edges of the range or wait for a clear breakout.

8. Tip: check the zones on H1 or H4 for the bigger picture, then use M5 or M15 for your entry.


INPUTS (SR Flip Mhw Setting) 

Chart Theme (background colour): LightSteelBlue (default), White or Black.

-Sets the chart background and candle colours (green bullish, red bearish) and hides the grid. 

Show zone timeframe labels

-True = show the label on each zone (for example "Zone Buy M5"), false = show the coloured zone only. 

Buy zone color: colour of the Buy zone (default Yellow). 

Sell zone color: colour of the Sell zone (default Aqua).

作者的更多信息
Gold Killer Mhw
Muhammad Amir Azri Bin Samani
专家
Gold Killer Mhw  is an Intraday Multi-Timeframe EA designed for Gold/XAUUSD on MetaTrader 5, using a single-entry style without duplicate entries for the same setup, direction and risk classification, with no Martingale or Grid. The strategy has been developed and tested across five years of historical Gold market data and features 16 chart pattern setups with automated entry, Stop Loss, Break Even, exit management, risk protection and high-impact USD news protection. EA INFORMATION Platform:
Multi Indi Signal Mhw
Muhammad Amir Azri Bin Samani
指标
Multi Indi Signal Mhw is a multi-timeframe analysis and signal indicator for MetaTrader 5. It combines Support Becomes Resistance Zones (SR Flip), Fibonacci, BBMA and a Confirmation Zone Meter into one tool. Instead of reading each tool separately on several charts, the indicator analyses them together across timeframes and gives a BUY or SELL signal only when they agree. SR Flip zones is used to identify entry zones with the potential to become strong entry points with less floating loss . Fibo
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