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Resistance Support Lines

FREE

Published: 18 May 2023

Current version: 1.5

Resistance Support Lines

Name: Resistance Support Lines
Rating: 4.2 (10 reviews)
Author: Serhii Fertikov

4.2

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.

more...

242

Clemildes Horta 2024.08.15 23:58 #

Muito bom! Excelente!

1364

Seth Tetteh 2024.04.24 12:46 #

good

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 !

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The standard Fractals Bill Williams indicator with the ability to specify the number of candles for formation. The indicator works on all charts and timeframes. Settings: candles - the number of candles to the left and right on the basis of which the fractal is built (in the classic indicator this value is always 2) 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 i

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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. Settings: Fractal Candels - number of candles from which a fractal is built. Calculates the maximum/minimum at which a psychological price can be set. Rigth Candels - number of candles based on which false fractals are filtered to the right of it Left Candels - number of ca

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Filter:

242

Clemildes Horta 2024.08.15 23:58 #

Muito bom! Excelente!

Dariush Maher 2024.06.19 09:56 #

It is really helpful

1364

Seth Tetteh 2024.04.24 12:46 #

good

555

gnanos123 2024.03.13 14:06 #

Helpful Indicator

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 !

298

Pavel048 2023.09.26 01:32 #

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

348

slimshadyt Ok 2023.06.13 06:18 #

Awesome i really like, thanks

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

8456

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.

2641

Detleff Böhmer 2023.06.01 09:49 #

Guter Indikator

Bishal Yogi 2023.05.29 00:28 #

Works great