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MQLTA Support Resistance Lines

4.27

MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function.

This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572


How does it work?

The indicator has a complex algorithm that scans the chart to detect previous levels of consolidation and bounce of the price, which will likely act as support and resistance levels in the future.


How to trade with Support and Resistance indicator

More than an entry point indicator, Support and Resistance is ideally used as a warning sign to trade, or for scalping. If the price is close to a level of support or resistance this will have to be treated carefully as the price might bounce back or break the level.


Custom indicator and Expert Advisor

One of the problems faced by programmers of Expert Advisors and indicators is the detection of levels of support and resistance so that an EA can use the levels to stop trading or set TP and SL.

MQLTA Support Resistance Lines can be easily integrated in other indicators and Expert Advisors through the use of the iCustom function.

The indicator can return:

  • The 8 closest levels of support/resistance
  • The flag if the price is near a level
  • The first level above the price
  • The first level below the price
  • The distance between the price and the above level
  • The distance between the price and the below level


Parameters

  • Timeframe to Analyze - Choose the timeframe for the analysis of support and resistance levels
  • Number of Levels - Choose if you want to display more or less levels
  • Safety Distance - Minimum points of distance between the price and the closest level to consider the price in a Safe Zone
  • Fill Buffers With - Choose what to fill the buffers with, used for integration in indicators and EAs
  • Recent Candles to Ignore - Specify the number of recent candles to ignore in the analysis
  • Bars to Analyze - Number of bars to analyze to calculate the levels
  • Max Price Range to Analyze - Max range of price to analyze
  • Enable Notifications - To enable or disable the notifications
  • Notify in - To set if notify in Safe or Dangerous Area
  • Notification Internal - Specify the minimum interval between notifications
  • Send Alert Notifications - To enable or disable on screen alerts
  • Alert Sound - To select the alert sound
  • Send Notification to Mobile - To enable or disable the app notifications
  • Send Notification to Email - To enable or disable email notifications
  • Draw Lines - To enable or disable the display of lines
  • Resistance Color
  • Support Color
  • Line Thickness
  • Draw Window - To enable or disable the drawing of the window
  • Horizontal spacing - distance of the window from the left border
  • Vertical spacing - distance of the window from the top border
  • Indicator Name - Prefix of the objects on chart

If you like this tool please take a minute to leave a review.

If you have suggestions to improve it please send me a message and we can discuss it further.

Feel free to visit my profile and "Add to friends" https://www.mql5.com/en/users/mql4autotrading.

Bewertungen 14
gnanos123
797
gnanos123 2024.02.08 21:00 
 

Good for S/R

Fernando Alonso
903
Fernando Alonso 2022.04.09 18:15 
 

Very very good!!!

Ken Parise
49
Ken Parise 2020.12.26 14:37 
 

MoneyTreeString is a great indicator, but I have found that using MTS along with MQLTA Support/Resistance Lines and Stochastic indicators I get good confirmed entry points. I am running on the M1 chart, I am using 12,3, and 0 for MTS setting and 10, 6, 6, for the stochastic. Will update as needed.

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(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
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5 (1)
Indikatoren
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
Dynamic Forex28 Navigator
Bernhard Schweigert
5 (2)
Indikatoren
Dynamic Forex28 Navigator – Das Forex-Handelstool der nächsten Generation AKTUELL 49 % RABATT. Dynamic Forex28 Navigator ist die Weiterentwicklung unserer seit langem beliebten Indikatoren und vereint die Leistung von drei in einem: Advanced Currency Strength28 Indicator (695 Bewertungen) + Advanced Currency IMPULSE mit ALERT (520 Bewertungen) + CS28 Combo Signals (Bonus) Details zum Indikator https://www.mql5.com/en/blogs/post/758844 Was bietet der Strength Indicator der nächsten Generation?
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
Indikatoren
Derzeit 33% Rabatt! Die beste Lösung für jeden Anfänger oder erfahrenen Händler! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Trading-Tool, da wir eine Reihe von proprietären Funktionen und eine neue Formel integriert haben. Mit diesem Update werden Sie in der Lage sein, doppelte Zeitrahmenzonen anzuzeigen. Sie können nicht nur einen höheren TF (Zeitrahmen) anzeigen, sondern sowohl den Chart-TF als auch den höheren TF: SHOWING NESTED ZONES. Alle Supply Dema
Currency Strength Exotics
Bernhard Schweigert
4.87 (31)
Indikatoren
Stärke von 8 Währungen plus EIN EXOTISCHES Paar oder Rohstoffe oder Indexe! Jedes Produkt kann als 9. Linie hinzugefügt werden. Fügen Sie Rohstoffe, Indexes oder exotische Währungen hinzu (Gold, Silber, Öl, DAX, US30, MXN, TRY, CNH ...). Eine neue noch nie dagewesene TRADING STRATEGIE  !!! Dieser Indikator ist einzigartig, weil wir eine Reihe von proprietäre Funktionen und neue Formeln eingebaut haben. Es funktioniert für alle Zeitrahmen. Basierend auf neuen zugrunde liegenden Algorithmen ist
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4.19 (113)
Indikatoren
Werden Sie Breaker Trader und profitieren Sie von Änderungen der Marktstruktur, wenn sich der Preis umkehrt. Der Order Block Breaker Indikator zeigt an, wann sich eine Trend- oder Preisbewegung der Erschöpfung nähert und bereit ist, sich umzukehren. Es weist Sie auf Änderungen in der Marktstruktur hin, die normalerweise auftreten, wenn eine Umkehrung oder ein größerer Rückzug bevorsteht. Der Indikator verwendet eine proprietäre Berechnung, die Ausbrüche und Preisdynamik identifiziert. Jedes
WaveTheoryFully automatic calculation
Kaijun Wang
5 (4)
Indikatoren
Bei diesem Indikator handelt es sich um einen Indikator für die automatische Wellenanalyse, der sich perfekt für den praktischen Handel eignet! Fall... Hinweis:   Ich bin es nicht gewohnt, westliche Namen für die Welleneinstufung zu verwenden. Aufgrund des Einflusses der Namenskonvention von Tang Lun (Tang Zhong Shuo Zen) habe ich die Grundwelle als   Stift   und das sekundäre Wellenband als   Segment   bezeichnet Gleichzeitig hat das Segment die   Trendrichtung   benannt (diese Benennungsmet
Currency Strength Matrix
Raymond Gilmour
4.5 (26)
Indikatoren
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
Quantum Trend Sniper Indicator MT4
Bogdan Ion Puscasu
4.64 (36)
Indikatoren
Wir stellen vor       Quantum Trend Sniper Indicator   , der bahnbrechende MQL5-Indikator, der die Art und Weise, wie Sie Trendumkehrungen erkennen und handeln, verändert! Entwickelt von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung,       Quantum Trend Sniper-Indikator       wurde entwickelt, um Ihre Trading-Reise mit seiner innovativen Methode zur Identifizierung von Trendumkehrungen mit extrem hoher Genauigkeit auf ein neues Niveau zu heben. ***Kaufe Quantum Trend Snipe
Support Resistance Propulsion Targets
LEE SAMSON
5 (5)
Indikatoren
Zeichnen Sie automatisch Unterstützungs- und Widerstandsniveaus PLUS Antriebskerzenlücken auf Ihrem Chart ein, so dass Sie sehen können, wohin sich der Preis wahrscheinlich als Nächstes bewegen und/oder möglicherweise umkehren wird. Dieser Indikator wurde entwickelt, um als Teil der Positionshandelsmethodik verwendet zu werden, die auf meiner Website (The Market Structure Trader) gelehrt wird, und zeigt Schlüsselinformationen für die Zielsetzung und potenzielle Einstiege an. Der Indikator v
FX Levels MT4
Daniel Stein
Indikatoren
FX Levels ist ein außergewöhnlich präziser Unterstützungs- und Widerstandsindikator, der die traditionelle Lighthouse-Methode mit einem innovativen dynamischen Ansatz verbindet und für alle Handelssymbole einwandfrei funktioniert. Dazu gehören Währungspaare, Indizes, Aktien oder Rohstoffe. FX Levels identifiziert Umkehrpunkte und zeigt sie auf dem Chart an, die Sie ideal als Gewinnziele für Ihre Handelsaktivitäten nutzen können. Bei der Entwicklung von FX Levels haben wir unsere umfangreichen E
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
4.78 (96)
Indikatoren
Derzeit 20% Rabatt! Die beste Lösung für jeden Neueinsteiger oder Expert Händler! Dieses Dashboard arbeitet mit 28 Währungspaaren. Es basiert auf 2 unserer Hauptindikatoren (Advanced Currency Strength 28 und Advanced Currency Impulse). Es bietet einen hervorragenden Überblick über den gesamten Forex-Markt. Es zeigt die Werte der Advanced Currency Strength, die Veränderungsrate der Währungen und die Signale für 28 Devisenpaare in allen (9) Zeitrahmen. Stellen Sie sich vor, wie sich Ihr Hande
Smart Price Action Concepts
Issam Kassas
4.67 (9)
Indikatoren
Zunächst einmal ist es wichtig zu betonen, dass dieses Handelstool ein Nicht-Repaint-, Nicht-Redraw- und Nicht-Verzögerungsindikator ist, was es ideal für professionelles Trading macht. Online-Kurs, Benutzerhandbuch und Demo. Der Smart Price Action Concepts Indikator ist ein sehr leistungsstarkes Werkzeug sowohl für neue als auch erfahrene Händler. Er vereint mehr als 20 nützliche Indikatoren in einem und kombiniert fortgeschrittene Handelsideen wie die Analyse des Inner Circle Traders und Stra
Chart Patterns All in One
Davit Beridze
4.33 (9)
Indikatoren
Hinterlassen Sie nach dem Kauf einen Kommentar, um 4 hochwertige Indikatoren als Bonus zu erhalten. Der Chart Patterns All-in-One Indikator hilft Tradern, verschiedene Chartmuster, die häufig in der technischen Analyse verwendet werden, zu visualisieren. Dieser Indikator unterstützt die Identifizierung möglicher Marktbewegungen, garantiert jedoch keine Rentabilität. Es wird empfohlen, den Indikator vor dem Kauf im Demomodus zu testen. Aktuelles Angebot : 50 % Rabatt auf den "Chart Patterns All i
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Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. This Demo Version has Notification and Close features disabled, full version can be found https://www.mql5.com/en/market/product/29141 How does it work? Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk
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MQLTA Instrument Details shows you in an easy to read in chart table the details about the instrument/Symbol, including: Label Trade Mode Default Contract Size Minimum Size Maximum Size Size Step Digits Used Tick Size Tick Value Stop Level Bid Ask Spread Parameters Indicator name to create the objects Default Window when opening the indicator Horizontal offset Vertical offset If you like this tool please take a minute to leave a review. If you have suggestions to improve it please send me a me
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Auswahl:
gnanos123
797
gnanos123 2024.02.08 21:00 
 

Good for S/R

Yerly
670
Yerly 2024.01.23 11:33 
 

Top

Ridwan Sianturi
118
Ridwan Sianturi 2023.12.18 14:08 
 

Very Good! I got that I found But I'm would like to ask about Custom Indicators > Recent Candle to ignore what the function it's?

John Winsome Munar
3471
John Winsome Munar 2022.06.14 09:44 
 

Der Benutzer hat keinen Kommentar hinterlassen

Fernando Alonso
903
Fernando Alonso 2022.04.09 18:15 
 

Very very good!!!

Houman Salehi
146
Houman Salehi 2021.11.12 08:59 
 

It looks good, but I think I must use other indicator beside it to get more accurate result

Mehdi Faraz Fard
2340
Mehdi Faraz Fard 2021.07.10 12:57 
 

Der Benutzer hat keinen Kommentar hinterlassen

Tony Gregg
761
Tony Gregg 2021.05.16 22:41 
 

Extremely Helpful. Good Work!!!

Ken Parise
49
Ken Parise 2020.12.26 14:37 
 

MoneyTreeString is a great indicator, but I have found that using MTS along with MQLTA Support/Resistance Lines and Stochastic indicators I get good confirmed entry points. I am running on the M1 chart, I am using 12,3, and 0 for MTS setting and 10, 6, 6, for the stochastic. Will update as needed.

brightstar1
1874
brightstar1 2020.11.29 20:05 
 

The product deserves 5+ stars. It makes me feel like forex is a baby game. However, replies from seller are received 2-3 days after you send the message. If customer service is good, I would have given it solid 5 stars.

Chua Wee Kiat
2519
Chua Wee Kiat 2020.11.22 15:35 
 

I can say this indicator absolutely suits my trading system as I'm a swing trader and reversal trader! Super useful!

Almarshad Saleh
194
Almarshad Saleh 2020.08.10 01:23 
 

not good dont buy

dcherry
1456
dcherry 2018.03.22 21:54 
 

Der Benutzer hat keinen Kommentar hinterlassen

William Veraar
215
William Veraar 2017.12.13 22:02 
 

Very effective.

I use it on the 1h chart and set the 4h levels at lowest amount of levels.

I also use it on the 4h chart and set the 1day levels at lowest amount.

It works.

Antwort auf eine Rezension
Version 1.1 2021.02.16
Minor code cleanup and optimization.