Custom support resistance indicator

MQL4 Indikatoren

Spezifikation

Combine 3 logics together in one one indicator


If  30 min candle price  close above resistance 3   , and 30 min bar low  closes above resistance  , and 30 min candle low   is above  lwma 8 , 18 and 30   on  30 minutes = indicator will read     80% +plus 80

 If  30 min candle price  close above support 3   , and 30 min bar high  closes below support   , and 30 min candle  high    is below   lwma 8 , 18 and 30   on  30 minutes = indicator will read     80% - minus 80


RESISTANCE 3  DEFINITION :  High of    {TimeFrame1=60;TimeFrame2=240;TimeFrame3=1440;}, shift 1, 2 , 3 (last 3 days) , whichever day is closest to current price is current resistance , second resistance is second closest resistance  above current resistance 

 Support  3  DEFINITION :  Low  of    {TimeFrame1=60;TimeFrame2=240;TimeFrame3=1440;}, shift 1, 2 , 3 (last 3 days), whichever day is closest to current price is current support ,second support is second closest support  below  current support 

 

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Clean codes  and coders without vested interests  in marketing client indicators.

 

  I don't want to work with ex4 scammers  , only mql4 source  codes required . Good luck selling ex4 files on the internet .Goodbye.  

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