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PZ Support Resistance

149 USD

Demo downloaded: 2 350

Published: 5 December 2013

Current version: 7.0

PZ Support Resistance

3.33

Indicators
PZ TRADING SLU
Version: 7.0
Updated: 19 July 2024
Activations: 20

Unlock key market insights with automated support and resistance lines

Special Offer: Purchase now to receive free bonuses worth $89! (Read more for details)

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

Boost your technical analysis
Customizable timeframe selection
Read price levels from the timeframe of your choosing
Detect important price levels without browsing through charts
Recognize the relative strength of all price levels at a glance
Save up to half an hour of plotting lines for every trade
The indicator displays the age of all price levels

Price levels are collapsed by proximity and adjusted to the current market action.

Price levels get darker and wider as they get rejected over time
Unimportant price levels are cleared regularly to avoid noise
It implements email/sound/push alerts for breakouts and false breakouts

Input Parameters

Timeframe: Choose the period to read price data from. Can be current or higher.
Period: Zigzag period used to read price points from. Zero means the indicator will choose the best period.
ATR Period: ATR period used to collapse prices by proximity.
ATR Multiplier: ATR multiplier used to collapse prices by proximity. A higher value will produce less lines.
Max History Bars: Amount of past bars to iterate in the indicator finding prices.
Color Settings: Enter your desired colors for support and resistance lines based on importance.
Label Settings: Display or hide age labels and customise colors and sizes.
Alerts: Enable display/email/push/sound alerts for breakouts and fake breakouts.

Buy today and unlock exclusive bonuses!

Purchase this indicator now and receive the following bonuses (total value: $89):

PZ Supply Demand Indicator (worth $59)
PZ Multi TDI Indicator (worth $30)

To claim these bonuses, simply send me a private message. I will provide the bonuses to actual buyers of the indicator. To ensure it is you, please leave a review for the product first, or alternatively, provide the mql5 operation number of your purchase. I'll get back to you with your bonuses as soon as possible.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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443

alisabar 2016.05.24 13:36 #

At D1 it works quite well.

141

gmackinnon 2015.08.25 19:06 #

Very useful indicator.

Works well if you follow the instructions on the website.

Monthly levels and higher are very clear support resistance areas.

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This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi

FREE

Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com

FREE

This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents

FREE

This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is

FREE

Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Up

249 USD

Precision trading: leverage wolfe waves for accurate signals Special Offer: Purchase now to receive free bonuses worth $129! (Read more for details) Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide

99 USD

Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font size of th

30 USD

FREE

249 USD

FREE

This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t

FREE

This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b

FREE

Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come

FREE

The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color

FREE

Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indica

99 USD

FREE

99 USD

FREE

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443

alisabar 2016.05.24 13:36 #

At D1 it works quite well.

793860

Reply from developer Arturo Lopez Perez 2021.04.28 02:01 #

Many thanks.

141

gmackinnon 2015.08.25 19:06 #

Very useful indicator.

Works well if you follow the instructions on the website.

Monthly levels and higher are very clear support resistance areas.

793860

Reply from developer Arturo Lopez Perez 2021.04.28 02:01 #

Many thanks.

pvanam46 2015.04.17 20:29 #

Excellent indicator giving support and resistance levels at a glance. Well worth the money

793860

Reply from developer Arturo Lopez Perez 2021.04.28 02:02 #

Many thanks.

1443

Happy Mans World 2014.12.26 17:47 #

Average SR Indicator, and not worth the money paid for it.

793860

Reply from developer Arturo Lopez Perez 2021.04.28 01:59 #

Please update. I hope this update is worth a better review.

Version 7.0 2024.07.19

Housekeepig update

Version 6.4 2021.04.28

- Improved alerts

Version 6.2 2021.04.28

- Small improvements.

Version 6.0 2021.04.28

- Improved level detection
- Improved grouping by atr
- Improved inputs

Version 4.2 2020.10.20

Recompiled with minor changes

Version 4.0 2017.02.10

- Simplified inputs
- Changed to horizontal lines instead of trend lines

Version 3.0 2016.05.25

- Added timeframe selection
- Added a free collapse factor value
- Added peak to valley ratio

Now you can see SR lines from higher timeframes in lower ones.

Version 1.2 2014.10.07

New feature: the indicator now displays the age of every support and resistance line with daily granularity. This is especially useful in small timeframes.

Version 1.1 2014.02.17

Important bug fixed that arised after MT4 buil 600 update.
The indicator crashed on W1 and MN1 charts.