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Support and Resistance Screener Pro MT5

Support Resistance Screener : Its a technical indicator that identify support and resistance based price action and supply and demand levels.



What makes our Support & Resistance Indicator different?


1.1 Swing highs / Swing Lows These are levels where the price just reacts and bounces off multiple times. The more times the price reacts off these levels, the stronger they are.

1.2 Pullback Resistance / Pullback Support Pullbacks occur when a swing high/low has been broken – then the price makes a “pullback” to the level. In the picture below, you can see that once our swing high resistance is broken, it turns into an “overlap support”.

1.3 Overlap Resistance / Overlap Support An overlap support/resistance can only occur when the  price has broken a swing high/low and made a pullback to the pullback support/resistance. Only after the price has bounced off our pullback support/resistance, then it turns into an overlap support/resistance.


Installation Guide please visit ►  https://www.mql5.com/en/blogs/post/733899

Support Resistance Input Parameters ( Indicator Setting ), please visit ►  https://www.mql5.com/en/blogs/post/734181

How to trade with Support and Resistance Screener ?, please visit ►     https://www.mql5.com/en/blogs/post/733930

Frequently asked Questions, please visit ► https://www.mql5.com/en/blogs/post/733957




    If you have some questions or if you need help :

    1. Contact me via Private Message.

    2. Email me:  sayadigroup@gmail.com 

    3. Via telegram chat:    https://t.me/trading_screener


    Author

    SAYADI ACHREF , fintech software engineer and founder MT4screener/MT5screener. 


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