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Support Resistance Whisperer

The Support Resistance Whisperer is a powerful tool designed to help traders identify crucial support and resistance levels in the market. This indicator uses price action to dynamically draw red resistance lines and green support lines on your chart, offering a clear and visual representation of key price zones where potential market reversals or breakouts may occur. Unlike traditional methods that rely on fractals, this indicator avoids lag by calculating support and resistance based on the highest and lowest prices over a customizable lookback period.

Key Features:

  • Lookback Period: Customize the indicator to analyze price data over a specific number of candles with the LookbackPeriod parameter. This allows traders to fine-tune the sensitivity of the support and resistance levels.
  • Historical Data Analysis: The indicator can scan up to 500 historical bars (adjustable via the History parameter) to ensure a comprehensive analysis of market price movements.
  • SR Continuation Filter: Enable or disable the SRContinuationFilter to refine how the lines are drawn. This filter ensures that a support or resistance line is only drawn when the current candle’s max price matches the previous candle’s max price, creating a dashed-line effect for better visualization of critical zones.
  • Alert System: Stay on top of market movements with a versatile alert system. You can activate pop-up alerts (PopupAlert), mobile notifications (MobileAlert), or email alerts (EmailAlert) whenever the price touches a support or resistance level. This helps you react promptly to key price actions without constantly monitoring the chart.

The Support Resistance Whisperer is a valuable tool for traders looking for an effective way to identify areas of price imbalances, offering precise entry and exit points. By providing dynamic and responsive support and resistance lines, this indicator allows traders to focus on significant price zones and make well-informed decisions.


Parameters

  • SR Parameters
    • Customize the lookback period, historical bars, and continuation filter for drawing support and resistance lines.
  • Alert Filters
    • Enable or disable alerts for pop-up, mobile, and email notifications.


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Dynamic Forex28 Navigator - The Next Generation Forex Trading Tool CURRENTLY 49% OFF. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator   https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved
Advanced Currency Strength28 Indicator
Bernhard Schweigert
4.9 (652)
Indicators
CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
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Extract Candle Power is a real time volume extractor indicator that provides valuable insights into the behavior of sellers and buyers during each candle. By analyzing the volume data, traders can make more informed decisions about market trends and potential reversals, surpassing the capabilities of traditional Moving Average indicators. This powerful tool allows you to extract and analyze the sellers and buyers volume of the current candle, as well as compare it with the volume of previous can
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The   RSI Crossover Alert   is a powerful notification system designed specifically for traders who utilize the   Relative Strength Index (RSI)   in their trading strategies. This indicator focuses on identifying RSI crossovers, which occur when the fast RSI line crosses above or below the slow RSI line. By combining these crossovers, the indicator effectively filters out false signals, allowing traders to make more accurate trading decisions. The RSI Crossover Alert offers several key features
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Introducing Ms. Fibonacci , a powerful and free indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator automatically identifies and marks the new highest and lowest Fibonacci levels, ensuring accurate and precise placement. One of the key features of Ms. Fibonacci is its ability to draw Fibonacci levels correctly, point to point, and mark the corresponding price levels. This feature saves you time and effort, allowing you to focus on an
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Thushara Dissanayake
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Introducing the Entry Point , a powerful technical indicator designed to provide Buy/Sell notifications. This indicator analyzes 5 moving averages, CCI, RSI, Stochastic, Bill Williams, and volume indicators across 3 different time frames to generate accurate signals. It offers unlimited customization options for professional traders, allowing them to tailor the indicator based on their experience and strategies. The Entry Point sends signals to users via mobile devices, email, and pop-up alerts
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Introducing the DFP Reconnoiter Ultimate , a technical indicator specifically designed for Daily Fibonacci Pivot Strategy traders. This indicator incorporates standard Fibonacci retracements, daily Pivot levels, Candlestick patterns, ATR and ADR levels to identify reversal and exit areas, resulting in well-timed entries. Key Fibonacci retracement levels of 38.2%, 50.0%, or 61.8% are preferred in conjunction with the daily central pivot. The strategy involves monitoring the Average True Range (AT
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The Exit Area Ultimate is a technical indicator designed to enhance trading decisions by indicating the daily Average True Range (ATR) and Average Daily Rate (ADR) levels on the chart. By understanding these levels, traders can easily assess the average movement of an asset throughout the day. This versatile indicator serves multiple purposes for day traders, aiding in order placement, identifying intraday tendencies, setting trailing stop loss levels, and establishing daily take profit levels.
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Thushara Dissanayake
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