• 概述
  • 评论 (4)
  • 评论 (6)
  • 新特性

Moving Support Resistance Levels

Simple 3 Moving  supports and resistance levels

(Your Review /comment and feedback is important  !! Thanks)

Signal UP and Down possibilities created on crossing the multi supports/resistance levels

supports all time frames

Adjusted inputs for area covered for generating the levels and the shifts needed to cover 3 areas supports /resistances levels

for example you may use main parameters in M30 time frames:

extern int ShiftFromStart=20; 

extern int barsCount=20;

extern int sequenceShifts=50; 

input int    TrendMovingPeriod  =50;

UP DOWN Arrows for possible BUY/SELL possibilities are placed


Dr Waleed Mahdy
2337
Dr Waleed Mahdy 2020.02.13 12:01 
 

there is good help and very calm one

thanks

Molfie
372
Molfie 2020.02.13 09:25 
 

Mohamed...this is one of the best I’ve ever seen. Simple but yet effective. You are a genius✨✨💫

The only request I have is to maybe put an option of turning off the arrows. Thank you.

forix7
462
forix7 2020.01.20 06:36 
 

Excellent work - thanks for making it free, anyone that understands trading will know the importance of these levels and certainly the importance of them being able to move and adapt to recent price action, very clever work, well done, probably not appreciated by 90% of retail traders who lose money as they dont know what they are looking for

cvdestyfx
1724
cvdestyfx 2020.01.13 15:04 
 

I give this indicator 2 stars for the effort. But it's not an indicator I find useful. I don't see how moving support and resistance lines is helpful for trading. How can you look for a false breakout or false breakdown if your support and resistance lines keep moving? How can you know a support or resistance line is valid if it keeps moving and can't be tested?

Moving support and resistance lines create confusion which could result in causing a trader to miss out on many trading opportunities and may lead to more losing trades than winners due to giving false signals. The fact that the support and resistance lines move so frequently as they do with this indicator, makes it pointless to use the indicator at all because the support and resistance lines it paints are not reliable.

If you want dynamic support and resistance, then stick to using moving averages as they provide more information than horizontal lines that keep moving.

Note: I tested this indicator in MT4 Strategy Tester (Using Visual Mode). It is always a good idea to test indicators in this way to see how they work and determine if they are worth using.

版本 1.20 2020.02.13
Added Alerting option enable /disable for desktop/mobile or mail
版本 1.10 2020.02.13
Added option to Enable /Diable Arrows signals