Market / MetaTrader 4 / Indicators /

SFT Fractal Support and Resistance

FREE

Published: 19 February 2018

Current version: 1.0

SFT Fractal Support and Resistance

3.67

Indicators
Artem Kuzmin
Version: 1.0

The support and resistance levels are among the main components of the entire technical analysis.

They are used both by professional traders and by beginners.

Prices usually move within the price channels. The upper boundary of such a channel is called resistance, and the lower one is support.

This indicator plots fractal support and resistance lines at the highest and lowest local price values (fractals).

Distinctive features

Does not redraw.
Clear and understandable signals.
It is possible to send signals via Email, Push notifications or on-screen alerts.
Audio confirmation of a signal separately for support levels and resistance levels.
Works on all timeframes and symbols.
Suitable for manual trading and development of Expert Advisors.

For more accurate entries and additional confirmation of signals, it can be used in conjunction with other indicators.

Indicator parameters

BarCount – the number of candles (bars) for the indicator to calculate its values.
UseAlerts – enable/disable alerts (signals) about the appearance of new levels. True – signals are enabled. False - signals are disabled
SoundAlerts - use audio confirmation of signals.
EmailAlert – send Email notifications, configuration instructions are available here.
SendPushAlert – send Push notifications about signals, configuration instructions are available here.
SoundResistance - sound played when a new resistance level appears.
SoundSupport - sound played when a new support level appears.

In places of accumulation of levels, the support / resistance areas are stronger

At new and single levels, the support / resistance areas are weaker

Trading can be performed using two methods:

1. Within a channel, trade the price rebound from the channel boundaries between the support and resistance lines during a calm movement in a flat market.

In this case, trade movements from the support and resistance levels inside the channel
Place pending Sell Limit orders at resistance and Buy Limit at support levels
Place TP in the middle of the channel, SL = 1..2 TP

2. Outside a channel, trade the breakout of the channel boundaries - breakout of support or resistance during a strong trend movement in the market.

In this case, trade the channel breakout at the support and resistance lines
Place pending Buy Stop orders at resistance and Sell Stop at support levels
TP is equal to a half of the channel, SL = 1..2 TP

Other trading options are also possible, you can develop the most convenient tactics for you in the process of trading.

Additional information and a more detailed overview of trading methods can be seen here:

Trading strategies with an indicator SFT Fractal Support and Resistance - https://www.mql5.com/en/blogs/post/715986

We wish you a stable and profitable trading. Thank you for using our software!

If you like it, share a link with your friends.

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bluescreen_b 2019.08.04 09:24 #

Thank you, helps in my trading system :-)

283

Gavin Rissetto 2022.08.19 05:18 #

Good to use.

Ольга Королева 2021.07.07 11:20 #

хороший индикатор !!! был бы отлично если бы можно было тф менять. )))

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Accelerator indicator with overbought and oversold zones. A series of OBS indicators (overbought and oversold) - these are indicators enhanced with overbought and oversold zones. This is the standard indicator, but it provides additional possibilities for the analysis of any market. Thanks to a special algorithm, this indicator has overbought zones =70 and =100, as well as oversold zones -70 and -100, which allows you to use it to determine the possible reversal or pullback of the price, as well

30 USD

The Bears indicator with overbought and oversold zones. Two display options - as a line and as a histogram. A series of OBS indicators (overbought and oversold) - these are indicators enhanced with overbought and oversold zones. This is the standard indicator, but it provides additional possibilities for the analysis of any market. Thanks to a special algorithm, this indicator has overbought zones =70 and =100, as well as oversold zones -70 and -100, which allows you to use it to determine the

30 USD

Bulls indicator with overbought and oversold zones. Two display options - as a line and as a histogram. OBS (overbought and oversold) indicator series - are indicators that have been provided with overbought and oversold zones. This is the standard indicator, but it provides additional possibilities for the analysis of any market. Thanks to a special algorithm, this indicator has overbought zones =70 and =100, as well as oversold zones -70 and -100, which allows you to use it to determine the p

30 USD

The Force Index indicator with overbought and oversold zones. Two display options - as a line and as a histogram. A series of OBS indicators (overbought and oversold) - these are indicators enhanced with overbought and oversold zones. Settings OBS Period - overbought/oversold calculation period Force Period - period of Force Price MA - prices for MA calculation Method MA - MA calculation method Line or Histo - display by line or histogram

30 USD

Multicurrency indicator Any chart obs is a price chart with a percentage scale. Can be displayed as a line and as a histogram. There is also a reverse function available, it mirrors the chart. The name of an instrument to be displayed is specified in the input parameters, the current symbol is used on default. The indicator doesn't have lags as it is not smoothed with any formulas, but bound to a percentage scale, what allows detecting the price equilibrium, the overbought and oversold state. Th

30 USD

The Accumulation indicator with overbought and oversold zones. Two display options - as a line and as a histogram. A series of OBS indicators (overbought and oversold) - these are indicators enhanced with overbought and oversold zones. Simple and straightforward settings that are easy to match to the right tool In the indicator, you can adjust: Display depth of the indicator Color of indicator levels

30 USD

MTF Moving Averages indicator with overbought and oversold zones. Two display options - as a line and as a histogram. A series of OBS (overbought and oversold) indicators - these are indicators that have been enhanced with overbought and oversold zones. Another feature of this indicator is that the lines of the indicator s (when analyzing several indicator s in a single window) are not redrawn relative to each other when scrolling the chart. Settings OBS Period - period of overbought/oversol

30 USD

The indicator gives signals on trend reversal or the possible direction of price movement when leaving the flat movement. Features and settings: Sensitivity = 3 - sensitivity from 1 to 5; the higher the value, the more signals (example displayed in the screenshot below). DeepBars = 3000 - indicator display depth. ZeroBarCalc = false - use a zero bar in the calculations; if yes, the signal will appear earlier, but it may disappear before the current candlestick is closed. UseAlert = false - e

30 USD

The indicator calculates critical price levels. If the level is red, the price has passed it downwards; if the level is blue, the price has passed it upwards. If the price is approaching the blue level from below, that level will most probably be broken through. If the price is approaching it from above, there will most probably be a rollback. Similarly, if the price is approaching the red level from above, the level will most probably be broken through. If the price is approaching it from below

39 USD

The indicator is based on pair trading methods. It is not redrawn unlike similar indicators. Shows correlation between two selected instruments in percent for a predetermined period, and the positions of the instruments relative to each other. Has a function for reverse display of any of the analyzed symbols - for instruments with negative correlation. Can be drawn as a line or as a histogram. Settings: Symb1 - first symbol name. Revers1 - reverse display of the first symbol. Symb2 - second symb

39 USD

An indicator for entering with trend and timely exiting. It has sensitivity setting, by adjusting which it can be applied to both long-term and short-term speculation. The highest sensitivity = 1, with this setup, you can even scalp on M1. No lag, does not withdraw after candlestick closure. One of the use options: enter after a candlestick closes, if the vertical line consists of squares of the same color; exit if the color of two or more squares changes. Before using it, be sure to analyze t

30 USD

The indicator builds fractals on extrema of the OsMA indicator Appears on the chart as a fractal or a fractal channel. It has a flexible setting and, in contrast to the standard fractals, lags only by 1 bar. Settings: DeepBars - the indicator's depth of display; Sensitivity_1_or_2 - 1 - for small periods of OsMA, 2 - for large periods; Arrow_or_channel - display on the chart fractals or channel; FastMA - period of the fast moving average; SlowMA - period of slow moving average; SignalSMA -

30 USD

This is an indicator for additional signal filtering. It can be used as an additional filter in a trading system. The indicator does not redraw its data and can be used both in forex trading and with binary options. It has 3 operation modes and flexible sensitivity settings. The indicator uses multiple buffers, therefore it can be easily used in various Expert Advisors.

30 USD

The indicator is designed for visual determining market directions. It allows to determine the distance from a price and helps in drawing correct conclusions. Perfectly defines flat zones, horizontal intraday trends and trend movements, and an additional setting allows to use the indicator on any instrument. Does not redraw its readings. You get professional trading indicator for a reasonable price. Settings: Period_FF = 7 - indicator period Sensitivity_FF = 5 - sensitivity in % Wish you all s

30 USD

The indicator colors bars displaying prices of overbought and oversold areas on the chart. It will help you to estimate moments when market climate changes and the price has its local extreme values. It can be used both independently and as a good supplement to any channel trading system. And this indicator is easy-to-use in expert advisors due to usage of indicator buffers instead of graphical objects. Settings ExtPeriod = 100 — indicator period; Sensitivity = 80 — indicator sensitivity.

30 USD

This is a moving average which can move not only to the right/left, but also up/down. You can also select a mode of displaying the indicator (as a line or as dots) and all other settings of a standard moving average. If you overlay several indicators in one window, you can clearlier determine price channels setting each border individually. Settings Line_or_Dot - mode of displaying the indicator: true - as a line, false - as dots; MA_period - moving average period; MA_shift_X - number of candl

30 USD

Alarm arrow indicator of increased sensitivity After closing the candle the arrows do not disappear Allows you to enter the transaction on time at the lowest price movements Can be used on any currency pairs, metals and cryptocurrency Suitable for working with binary options Distinctive features Does not redraw; Determines the price correction; Advanced settings for fine tuning; Works on all timeframes and on all symbols; Suitable for trading currencies, metals, options and cryptocurrency (Bitco

39 USD

Arrow indicator, to determine adjustments and local trends The arrow appears on the current bar and after closing the bar will not disappear. Allows you to enter the transaction at the very beginning of the movement Thanks to the flexible settings you can use on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Does not redraw. Additional parameters for fine tuning. Works on all timeframes and symbols. Suitable for trading c

39 USD

One of the main components of successful trading is the correct determination of the direction of the market. This indicator shows the general directionality of the price movement and is painted in the corresponding color. Allows you to conduct trend and counter trend trading It works on all timeframes, on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Does not redraw; Simple and clear settings; Works on all timeframes and symbo

39 USD

Filter:

283

Gavin Rissetto 2022.08.19 05:18 #

Good to use.

Ольга Королева 2021.07.07 11:20 #

хороший индикатор !!! был бы отлично если бы можно было тф менять. )))

304

sei-bert 2021.07.04 21:26 #

Gut !

bluescreen_b 2019.08.04 09:24 #

Thank you, helps in my trading system :-)

1186

Thomas Fairhurst 2019.06.05 09:09 #

Average indicator.

13122

Matthew Todorovski 2018.06.30 14:31 #

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

19691

Reply from developer Artem Kuzmin 2020.10.22 12:24 #

Better put yourself one star and stop cheating)))
My FREE is many times better than your PAID :-)))