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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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      4.92 (12)
      Our   Basic Candlestick Patterns   indicator makes identifying major candlestick patterns easier than ever. Discover patterns such as the Hammer, the Evening Star, the Three White Soldiers and many more with just a glance at your chart. With an intuitive interface and clear visual cues, our indicator helps you identify trading opportunities quickly and accurately /  MT4 version Dashboard Scanner for this indicator: ( Basic Candlestick Patterns Dashboard ) Features Accuracy : Automatically iden
      FREE
      Basic Renko MT5
      Mehran Sepah Mansoor
      4.67 (3)
      The   Basic Renko  indicator is a powerful tool for traders looking for a clear and concise market perspective. Our indicator not only simplifies trend visualization, but also offers accurate alerts for reversals, providing a strategic edge in your trading /   Free MT4 Version Features Fully Customizable:   Tailor the indicator to your business preferences with advanced customization options. From colors to box size settings, you have full control over how information is displayed on your char
      FREE
      Comprehensive Moving Average
      Mehran Sepah Mansoor
      4.9 (10)
      Access a wide range of moving averages, including EMA, SMA, WMA, and many more with our professional   Comprehensive Moving Average   indicator. Customize your technical analysis with the perfect combination of moving averages to suit your unique trading style /  MT5 Version Features Possibility to activate two MAs with different settings. Possibility to customize chart settings. Possibility to change the color of the candlesticks depending on crossed MAs or price crossed with MAs. Sending of a
      FREE
      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 p
      Basic Harmonic Pattern
      Mehran Sepah Mansoor
      4.6 (55)
      This indicator identifies the most popular   Harmonic Patterns   which predict market reversal points.  These harmonic patterns are price formations that are constantly repeating in the forex market and suggest possible future price movements /    Free MT5 Version Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard ) Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Fu
      FREE
      Market Overview MT5
      Mehran Sepah Mansoor
      Optimize your trading decisions with our market strength and sentiment indicator and no longer trade against the trend! Meticulously designed for serious traders who value accurate and timely information, our indicator provides a bird's-eye view of the 28 major pairs in a very simple way. This tool is able to rank the currency pairs based on terms of popularity, bullish or bearish trend strength and percentage of buyers and sellers /   MT4 version .  Features Real-Time Trend Strength: Get an a
      Basic TrendLine
      Mehran Sepah Mansoor
      This powerful tool automatically identifies trend lines, helping you streamline your trading strategy and make more informed decisions.  MT5 Version Key Features Automatic Trend Line Detection : The "Basic TrendLine" indicator scans the market for potential trend lines and displays them on your chart instantly. This saves you valuable time and ensures you never miss an important trend. User-Friendly Panel : Our indicator comes with a beautiful, intuitive panel that allows you to easily draw a v
      Basic Candlestick Patterns
      Mehran Sepah Mansoor
      4.6 (5)
      Our Basic Candlestick Patterns indicator makes identifying major candlestick patterns easier than ever. Discover patterns such as the Hammer, the Evening Star, the Three White Soldiers and many more with just a glance at your chart. With an intuitive interface and clear visual cues, our indicator helps you identify trading opportunities quickly and accurately /  MT5 version Dashboard Scanner for this indicator: ( Basic Candlestick Patterns Dashboard ) Features Accuracy : Automatically identifie
      FREE
      Basic Renko MT4
      Mehran Sepah Mansoor
      4.25 (4)
      The   Basic Renko  indicator is a powerful tool for traders looking for a clear and concise market perspective. Our indicator not only simplifies trend visualization, but also offers accurate alerts for reversals, providing a strategic edge in your trading /   Free MT5 Version Features Fully Customizable:   Tailor the indicator to your business preferences with advanced customization options. From colors to box size settings, you have full control over how information is displayed on your char
      FREE
      This dashboard shows the latest available harmonic patterns for the selected symbols, so you will save time and be more efficient / MT5 version . Free Indicator:   Basic Harmonic Pattern Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Functionality Detects and displays harmonic patterns on a single chart Searches multiple symbols and timeframes for harmonic patterns, displays results on
      Basic Supply Demand
      Mehran Sepah Mansoor
      4 (2)
      Basic supply demand   indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions /   Free MT5 version Dashboard Scanner for this indicator: ( Basic Supply Demand Dashboard ) Features The indicator   automatically   scans the chart for
      FREE
      Basic Theme Builder MT5
      Mehran Sepah Mansoor
      5 (1)
      Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the Basic Theme Builder indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 5. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment.  Free MT4 version The Basic Theme Builder indicator i
      FREE
      Market Overview MT4
      Mehran Sepah Mansoor
      5 (1)
      Optimize your trading decisions with our market strength and sentiment indicator and no longer trade against the trend! Meticulously designed for serious traders who value accurate and timely information, our indicator provides a bird's-eye view of the 28 major pairs in a very simple way. This tool is able to rank the currency pairs based on terms of popularity, bullish or bearish trend strength and percentage of buyers and sellers / MT5 version .  Features Real-Time Trend Strength: Get an accu
      Basic TrendLine MT5
      Mehran Sepah Mansoor
      This powerful tool automatically identifies trend lines, helping you streamline your trading strategy and make more informed decisions.  MT4 Version Key Features Automatic Trend Line Detection : The "Basic TrendLine" indicator scans the market for potential trend lines and displays them on your chart instantly. This saves you valuable time and ensures you never miss an important trend. User-Friendly Panel : Our indicator comes with a beautiful, intuitive panel that allows you to easily draw a v
      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 /   MT4 version Free indicator:  B
      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 i
      Basic Theme Builder
      Mehran Sepah Mansoor
      5 (1)
      Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the   Basic Theme Builder   indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 4. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment.  Free MT5 version The   Basic Theme Builder   in
      FREE
      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, r
      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 Volume Profile
      Mehran Sepah Mansoor
      Discover the power of volume analysis with our volume profile indicator for Metatrader! / MT5 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 inter
      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 th
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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