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Basic Support and Resistance MT5

Our Basic Support and Resistance indicator is the solution you need to boost your technical analysis. This indicator allows you to project support and resistance levels on the chart / MT4 Version


Features

Integration of Fibonacci Levels: 

With the option to display Fibonacci levels alongside support and resistance levels, our indicator gives you an even deeper insight into market behavior and possible reversal areas.

Performance Optimization: 

With the option to update extended lines only at the opening of each bar, our indicator ensures optimal performance without sacrificing the accuracy of support and resistance levels.


      Inputs

      Main Settings

      • Timeframe: Through this input, you can choose to display the support and resistance lines of higher time frames on the chart.
      • Support/Resistance Strength [Number of Bars]: Using this input, you can determine the strength of supports and resistances. The higher the number, the stronger the support/resistance will be shown.
      • Price mode: This parameter allows you to choose which type of price will be used to calculate the support and resistance levels. It can be the closing price, the maximum price, the minimum price, etc. Depending on your strategy and preferences, you can choose the price that best suits your needs.

      Display Settings

      • Display Fibonacci levels: This parameter determines whether Fibonacci levels will be displayed along with support and resistance levels on the chart. Fibonacci levels are key levels used in technical analysis and are calculated using the Fibonacci sequence.
      • Number extends from prev. Support/resistance: This parameter determines how many levels will extend from the previous support and resistance levels. For example, if you set it to 2, the indicator will draw two additional levels above and below the previous support and resistance levels.
      • Update extend lines only at the opening of the bar: This parameter controls when the extended lines drawn from support and resistance levels will be updated. If enabled, the lines will be updated only at the start of a new bar on the chart.
      • Max Bars: The maximum number of candles to perform calculations and display support and resistance lines.

      Alert Settings

      • Pop-up alert: alert to the MT5 terminal
      • Email alert: email alert
      • Push notification alert: alert to phone


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      Mehran Sepah Mansoor
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      This dashboard discovers and displays the  Supply  and  Demand  zones on the chart, both in scalping and long term mode, depending on your trading strategy for the selected symbols. In addition, the scanner mode of the dashboard helps you to check all desired symbols at a glance and not to miss any suitable positions / MT5 version Free indicator: Basic Supply Demand Features Allows you to view trading opportunities on multiple currency pairs , giving you a clear and concise view of all pairs,
      This dashboard discovers and displays the  Supply  and  Demand  zones on the chart, both in scalping and long term mode, depending on your trading strategy for the selected symbols. In addition, the scanner mode of the dashboard helps you to check all desired symbols at a glance and not to miss any suitable positions /   MT4 version Free indicator:   Basic Supply Demand Features Allows you to view trading opportunities on   multiple currency pairs , giving you a clear and concise view of all
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      Mehran Sepah Mansoor
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      Mehran Sepah Mansoor
      Bring your trading charts to life with our innovative Metatrader Theme Builder! Our Theme Builder allows you to create a trading environment that suits your personal style and preferences. With an easy to use interface and fully integrated into Metatrader, you now have full control over the look and feel of your charts / Free MT5 version . Features Total Customization: Easily modify the candlestick color and chart background to reflect your unique trading style. From soft, professional tones
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      Our innovative Basic Candlestick Patterns Dashboard is specifically designed to identify profitable candlestick patterns on the chart automatically. This dashboard uses advanced algorithms to scan price charts in real time and detect a wide range of candlestick patterns, from classic to complex. In addition, it has an easy-to-use interface that allows you to visualize the detected patterns on different time frames, making it easy to make informed decisions /   MT5 version Free indicator:  Basic
      Basic TrendLine MT5
      Mehran Sepah Mansoor
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      Discover the power of volume analysis with our volume profile indicator for Metatrader!   /   MT4 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of
      Our Basic Support and Resistance indicator is the solution you need to boost your technical analysis. This indicator allows you to project support and resistance levels on the chart / MT5 Version Features Integration of Fibonacci Levels:  With the option to display Fibonacci levels alongside support and resistance levels, our indicator gives you an even deeper insight into market behavior and possible reversal areas. Performance Optimization:  With the option to update extended lines only at
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      Version 1.10 2024.06.02
      - New settings for continuation of support and resistance lines after breaking to a certain level