• Overview
  • Reviews (13)
  • Comments (2)

Resistance Support Lines

4.38

The indicator calculates fractal lines, which are technically psychological support/resistance lines.

In fact, these are the highs and lows of the price over a period of time.

The indicator works on all charts and timeframes.

This free version of the Resistance Support Lines Pro indicator comes as is!

Settings:

These settings cannot be changed in this version
  • Fractal Candels = 5 - number of candles from which a fractal is built. Calculates the maximum/minimum at which a psychological price can be set.
  • Rigth Candels = 1 - number of candles based on which false fractals are filtered to the right of it
  • Left Candels = 3 - number of candles on the basis of which false fractals are filtered to the left of it
  • Candels Limit = 400 - number of last candles on the basis of which the indicator works.
  • Identity Lines = 2 - is the minimum distance between two lines of the same type. This coefficient reduces the number of lines that are close in price


If the previously formed line is broken by the price, it is cut off and stays on the chart for some more time, then these segments are deleted from the chart. For the indicator buffer this line ceases to exist.

Use in experts and other scripts:

This version of the indicator is supplied without indicator buffers. For automated trading, use version Resistance Support Lines Pro.



Contact:

If you have any questions or need assistance, please contact me via direct message.

Author: 

Fertikov Serhii, More of my indicators, advisors, scripts are available in the seller's profile.

Reviews 13
Irusel
474
Irusel 2024.10.29 20:58 
 

Отличный индикатор

Rafal Krzysztof Manuszewski
2164
Rafal Krzysztof Manuszewski 2024.10.04 16:42 
 

very good

Umka301980
14
Umka301980 2024.09.09 13:51 
 

Very good indicator

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Opposite Orders
Serhii Fertikov
A news trading expert using deferred multi-directional stop orders. Prior to the release of significant news, the advisor places pending BuyStop and SellStop orders, closing the opposite one in case either is triggered by the market. The expert is integrated with an mql5 calendar for a year, allowing you to customize the advisor's parameters for any event from the calendar and test it on historical data. Features: Before starting the testing, attach the expert to the trading chart (The expert wi
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Irusel
474
Irusel 2024.10.29 20:58 
 

Отличный индикатор

Rafal Krzysztof Manuszewski
2164
Rafal Krzysztof Manuszewski 2024.10.04 16:42 
 

very good

Umka301980
14
Umka301980 2024.09.09 13:51 
 

Very good indicator

Clemildes Horta
252
Clemildes Horta 2024.08.15 23:58 
 

Muito bom! Excelente!

Dariush Maher
28
Dariush Maher 2024.06.19 09:56 
 

It is really helpful

Seth Tetteh
1364
Seth Tetteh 2024.04.24 12:46 
 

good

gnanos123
797
gnanos123 2024.03.13 14:06 
 

Helpful Indicator

vakuchi
126
vakuchi 2023.11.03 15:15 
 

Very good indicator. It's a great tool that I'm using in almost all my charts Thanks so much for sharing !

Pavel048
308
Pavel048 2023.09.26 01:32 
 

Слишком чувствительный и дает кучу ложных сигналов, которые потом удаляет, как будто ничего не было. Не рекомендую.

slimshadyt Ok
348
slimshadyt Ok 2023.06.13 06:18 
 

Awesome i really like, thanks

Aziz Ahmad
130
Aziz Ahmad 2023.06.02 16:03 
 

Hello Serhii, your indicator is very good, I would only ask you to change the Resistance line from dark blue which is difficult to visualize to light blue, I have tried several times to change and save it, but when I load it, it keeps the dark color, a hug

Serhii Fertikov
9823
Reply from developer Serhii Fertikov 2023.06.14 09:22
Hello.
This Indicator looks perfect on the "Black on White" color scheme.
If you want to use other default settings, then try the "chart template" function in the terminal.
Thanks for the feedback.
Detleff Böhmer
2698
Detleff Böhmer 2023.06.01 09:49 
 

Guter Indikator

Bishal Yogi
60
Bishal Yogi 2023.05.29 00:28 
 

Works great

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