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Smart Support and Resistance Trading System

5

First of all Its worth emphasizing here that this Trading System is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading.

The "Smart Support and Resistance Trading System" is an advanced indicator tailored for new and experienced traders. It empowers traders with precision and confidence in the forex market. This comprehensive system combines 7+ strategies, 10 indicators, and various trading approaches, including day trading strategy, swing trading strategy, support and resistance strategy, candlestick patterns strategy, VWAP strategy, multi timeframe trend strategy, and more. It provides arrow signals, entry and exit points, trade alerts, higher timeframe trend analysis, real-time trade monitoring, and insightful trend and volume candle coloring. With automatic support and resistance detection, it's a multifaceted indicator aiding traders in making informed decisions across diverse market conditions.


The Smart Support and Resistance Trading System is a robust technical analysis approach that incorporates a suite of premium and powerful indicators and tools. 
At its core, this system identifies key support and resistance levels, which serve as critical zones for potential market reversals or continuations. The system seamlessly integrates a Multi-Timeframes Trend Panel, enhancing traders' ability to assess the prevailing trend direction across different timeframes. Moreover, the Candlestick Patterns Detector scans price charts for essential candlestick patterns, providing valuable insights into potential market movements. Additionally, the inclusion of VWAP (Volume Weighted Average Price) assists traders in gauging market sentiment and intraday trends which is ideal for day trading.

The Smart Support and Resistance Trading System further offers the Trend Breakout Catcher, which identifies and confirms trend breakouts, helping traders make timely entries and exits. This system also employs Trend and Volume Candles Coloring, which enhances visualization by dynamically coloring candles based on trend strength and volume characteristics.
To empower traders with real-time information, the system includes a Live Spread Indicator with alerts, alerting traders to changing market conditions. A Smart Candle Timer ensures traders remain aware of candlestick closing times, aiding in decision-making.

Finally, the Live Trades Analysis feature prints essential trade statistics directly on the chart, providing traders with actionable insights into their trading performance. By integrating these advanced indicators and tools, the Smart Support and Resistance Trading System offers a comprehensive solution for traders seeking to navigate the markets effectively and with confidence.

Features:

  •  Non-repainting, non-redrawing and non-lagging indicators
  •  7+ strategies
  •  10 Indicators all in one
  •  Day and swing trading strategies
  •  Trend following, reversal and scalping strategies
  •  Custom strategies
  •  Prop firm strategies
  •  Entry and exit points and arrows
  •  Alerts to phone and email
  •  MTF analysis
  •  Automatic support and resistance
  •  Candlestick patterns all kinds
  •  Reversal zones
  •  Trailing stop
  •  Volume, trend and reversal candle coloring
  •  Candle timer and spread limit indicators
  •  Live trades analysis


Reviews 2
James Chung
77
James Chung 2023.12.12 18:29 
 

Hi, I just bougt it. But how come my show panel botton is not working same as Show SnDR? Could you help me to solve it?

KSJC2020
182
KSJC2020 2023.11.17 09:03 
 

I bought the indicator and I have seen that the support and resistance levels are very exact, but as time goes by they repeat themselves, I suppose it is that they adapt over time to the new prices, called highs and lows,, Even so, they seem quite accurate to me not as supports and resistance but rather as Keys levels. As part of the strategies I would have a suggestion regarding the candlestick patterns, is that they have the possibility of having a filter where they can be visible only if are touching the resistance levels or supports, that is, a condition "if" the candle pattern is formed, first check that in that TF in question there is an S or R at the price level. I will continue testing it

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James Chung
77
James Chung 2023.12.12 18:29 
 

Hi, I just bougt it. But how come my show panel botton is not working same as Show SnDR? Could you help me to solve it?

Issam Kassas
218075
Reply from developer Issam Kassas 2023.12.12 18:44
Hello brother thank you for contacting me I will DM you now!
KSJC2020
182
KSJC2020 2023.11.17 09:03 
 

I bought the indicator and I have seen that the support and resistance levels are very exact, but as time goes by they repeat themselves, I suppose it is that they adapt over time to the new prices, called highs and lows,, Even so, they seem quite accurate to me not as supports and resistance but rather as Keys levels. As part of the strategies I would have a suggestion regarding the candlestick patterns, is that they have the possibility of having a filter where they can be visible only if are touching the resistance levels or supports, that is, a condition "if" the candle pattern is formed, first check that in that TF in question there is an S or R at the price level. I will continue testing it

Issam Kassas
218075
Reply from developer Issam Kassas 2023.11.17 13:36
hello brother Thank you so much for the kind words, and the honest review.
Yes you are right the SnrR levels are dynamic and they adjust to new price data! and thats how it should be "we can not use the same SndR level set on the same price level the entire year because it simply does not make sense", but instead i thing the best way to do it is to let the levels react to the new market data like new swing and new highs and lows. thats why its called dynamic and updates the levels to adapt to the current market situation!
The candle stick patterns are meant to be scanned no matter the market stat to adapt to different trading styles since this is not one strategy system but rather a multi-strategy system aiming to cater to many trading style, which make it a good investment in case the trader changes the strategy in the future! however we have tried to implement filters as much as we can for example you can hide bullish or bearish pattern and also choose to show only the patterns that interest you! form the settings table!
all the above suggested strategies very good and can be traded with the same indicator, ofc combining the necessary elements and being active with the chart!
I am always thinking about improving all my trading systems and make them the best systems in the market ever!
I have talked with pro traders and have and still are a trader myself for a long time and I have made this system and included exactly what pro traders who trade PA in this style have as indicators! the tool is very powerful, but as you know in trading discipline is a must!
Reply to review
Version 1.10 2023.11.09
- Fixed some bugs and optimized the performance.