Market / MetaTrader 5 / Indicators /

Auto Support and Resistances

FREE

Published: 7 August 2019

Current version: 1.5

Auto Support and Resistances

4.55

Indicators
Flavio Javier Jarabeck
Version: 1.5
Updated: 11 June 2022

Are you tired of drawing Support & Resistance levels for your Quotes? Are you learning how to spot Support & Resistances? No matter what is your case, Auto Support & Resistances will draw those levels for you! AND, it can draw them from other timeframes, right into you current chart, no matter what timeframe you are using...

You can also Agglutinate regions/zones that are too much closer to each other and turning them into one single Support & Resistance Level. All configurable.

SETTINGS

Timeframe to analyze and draw Support & Resistance lines from.
How many past days should be analyzed. 0 = no past days, only present day.
Agglutinate lines closer the N ticks from each other. (the last/fresher one wins the Price position on the chart)
Line color
Line style
Line width

PLEASE NOTE

That when the market is closed, several Brokers/Metatrader servers do not update ticks from other timeframes apart from the current one used on your chart, so if you try to use a different timeframe inside the Indicador while the market is closed, NO lines will be plotted...

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached! Ever!

Live Long and Prosper!

;)

more...

Wilhelm Koch 2023.12.23 11:53 #

Sehr hilfreich, gehört zu meinen „Standard“ Indikatoren. Danke.

Pascal2011 2023.05.18 11:59 #

It's a good indicator, saves a lot of time. Helps determine good entries.

417

CryptorT 2023.05.03 15:20 #

Great Indicator!!!

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Wyckoff fans, enjoy! Ideally to be used with the Weis Waves indicator, but it can be easily used alone, the Waves Sizer puts the range (in resulting Price movement) done by the Price on its market swings. You can control how accurate or loose will be the swings. This tool is very helpful for visually know how much the Price has traveled in your Timeframe. This way you can confront this level of effort with the resulting Volume, etc... Weis Waves indicator: https://www.mql5.com/en/market/pro

FREE

Another request from my brotherhood was putting the name of the Symbol being seen - a little bigger - on the Chart, just to get sure that they are seeing the correct one... Mistakes pay a high price on the market... It is a very effective, and almost resource-null-consuming indicator that displays the current Symbol Name and Timeframe in almost any position of your Chart, with any color, and any Font Size... And also you can change the divisor character that is presented between the Symbol Name

FREE

The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator. SETTINGS MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region USING WITH EAs Buffer

FREE

Value Chart indicator presents the Price evolution in a new form. This indicator, Price Momentum , was developed taking all the calculations presented in the book " Dynamic Trading Indicators " by Mark W. Helweg and David Stendahl (2002). The technique involves de-trended Prices from a user-defined Period of analysis and the addition of a Volatility index correction. The result is an Oscillator with 3 zones: Fair Price Value, Overbought/Oversold and Extremely Overbought/Oversold zones. Adding th

FREE

Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp )

FREE

Based on Brazilian trader André Moraes' Difusor de Fluxo theory, the indicator is a more reliable version of the original MACD. It is a great confirmation indicator for Swing Trading and also can be used as a Day Trading tool. If you are not familiar with the concept or André's trading strategies, I strongly recommend his excelent book named "Se Afastando da Manada" in which he explains in detail how this indicator is used. Even if you don't know the Portuguese language it is not difficult to un

FREE

Many friends asked me for a simple, non-obtrusive, resource-friendly clock to track the time during their trades. It seems pretty obvious, but it is a must-have for those trading the market manually, waiting for the Market News, or just to visually know what time it is... Trading is an absorbing endeavor! So, here it is... Totally configurable, including Font Type, Font Size and Chart Location: Upper Left/Center/Right OR Lower Left/Center/Right, with a little twist of adjusting the Offset, just

FREE

Several assets in several markets have the behavior of using specific numbers as Force Numbers, where support, resistance and price thrust is created. Let this indicator draw those levels of support and resistance for you. You can also stack it to show different level of Prices! This technique is being used by Tape Readers and Order Flow traders all over the world for a long time. Give it a try. Challenge yourself to study new ways of Price Action! SETTINGS What Price reference to use in th

FREE

You probably heard about Candlesticks behaviors, which in most of the times could denote and trace Volume behaviors even if you are not watching Volume itself... Well, this indicator will do this. Naked traders love to rely solely on candlesticks patterns and with Candle Zones you can trap special patterns and DRAW THEM on your chart. As simple as that. There are several filters you can tweak in order to achieve the analysis you want. Just give it a try. After several months of testing, we think

FREE

For those who hate candlesticks in lower timeframes (M1 through M15) we "invented" a clean new way to follow Price movement and displacement (volatility) called Price Trail Chart . The big "secret" is to get rid of those annoying candle wicks and draw the whole complete candle without them, this way we get a cleaner chart and a new view of the Price Path. No Open or Close markings, just LOW's and HIGH's, full body candle. Additionaly we inserted a Volume monitor from our Best Downloaded indicat

FREE

The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr

35 USD

Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator

35 USD

ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. If you want to monitor several timeframes in the same chart, just add the ATR Monitor indicator several tim

FREE

For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex

FREE

The concept is simple: Plotting Price behavior within several periods of time. Some Symbols behave very well during the trading day - with this I mean Intraday trading - and this behavior ends up plotting effectively well with the proposed Exponential Moving Averages in this indicator... Obviously that this behavior could not be seen in all Symbols, but you can give it a try... Just drop this indicator in a chart and you will see for yourself... This indicator is intended for "Feeling the Trend

FREE

This indicator is EXCLUSIVELY to be used on the Brazilian stock exchange "B3". It automatically calculates the yesterday's Settlement Price (Ajuste) of the Symbol "DOL". It uses a mathematical calculation over the ticks received from the borker server, it DOES NOT access external sources (websites, HTTP connections, etc) so it is safe and totally reliable! For practical purposes and to maintain the longevity of the indicator it was added in the Parameters the ability to control the Time Range in

FREE

ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems

FREE

Minions Labs' Candlestick Pattern Teller It shows on your chart the names of the famous Candlesticks Patterns formations as soon as they are created and confirmed. No repainting. That way beginners and also professional traders who have difficulties in visually identifying candlestick patterns will have their analysis in a much easier format. Did you know that in general there are 3 types of individuals: Visual, Auditory, and Kinesthetic? Don't be ashamed if you cannot easily recognize Candlest

35 USD

Filter:

[Deleted] 2024.05.19 04:35 #

User didn't leave any comment to the rating

Wilhelm Koch 2023.12.23 11:53 #

Sehr hilfreich, gehört zu meinen „Standard“ Indikatoren. Danke.

117

sinh927 2023.10.16 04:37 #

When MetaTrader is updated, many lines appear. The 4-hour timeframe on the 4H and the 4-hour timeframe on the 1H are displayed differently.

184

daveeed00 2023.10.05 20:45 #

Very powerful indicator. S&R levels are perfect for the timeframes I typically use. The only thing I suggest is for the levels to update once daily. At the moment, I'm having to close and restart my terminal for the levels to update based on the previous day's performance.

Martynross85 2023.09.20 12:02 #

User didn't leave any comment to the rating

348

slimshadyt Ok 2023.06.13 06:21 #

Thank you making it free

Pascal2011 2023.05.18 11:59 #

It's a good indicator, saves a lot of time. Helps determine good entries.

170

Dreyfus Vasconcelos 2023.05.08 01:29 #

User didn't leave any comment to the rating

417

CryptorT 2023.05.03 15:20 #

Great Indicator!!!

178

watt nid 2023.04.30 15:52 #

Thanks, it is good indicator

Philippe St 2023.02.07 10:45 #

BEST Supports & Resistances indicator available for MT5. This free indicator is probably better and more reliable than any indicators for sell here. Thanks for the great work and sharing it a no fee :) Greatly appreciate!

Cleilson De Souza Silva 2023.01.25 14:08 #

Bom Dia Você poderia fornecer o código fonte desse indicado, Grato

Venance201999 2023.01.02 11:00 #

Thank you for sharing. Very helpful indicator.

5588574 2022.11.21 07:57 #

Very good free indicator!!!

JOHN Cletus 2022.11.14 11:16 #

it's good

174

Alberthto23 2022.10.12 18:31 #

Não gostei para mim não funcionou.

158

Marco Rossi 2022.09.02 18:28 #

Very good free indicator, thank you!!!

Sergio Muccioli 2022.08.25 14:17 #

Very nice indicator, thanks for sharing it

868

Uwe Schubert 2022.08.09 15:37 #

Nice one. Thanks for sharing for free.

migelhenri 2022.07.19 12:56 #

Bom indicador. Obrigado pela partilha. Sucesso.

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Version 1.5 2022.06.11

:: Turned the lines non-selectable. This was causing conflicts with user generated lines and rectangles.

Version 1.4 2020.06.11

:: Recompiled (obligatory by Metaquotes as of June,05,2020) to the new MT5 version 2485. Please let me know if anything weird happens...

Version 1.3 2019.11.19

:: Fixed bug when drawing lines. They were NOT positioned as background elements.

Version 1.2 2019.11.19

:: Added the possibility to Prefix the Lines Names.

Version 1.1 2019.08.12

:: Added the Price as a text description of each line, so if you enable "Show Descriptions" on your MT5, all prices are shown on the lines.