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The Wamek Support and Resistant (WSR) Indicator is a remarkable tool that stands out in the world of technical analysis. It sets itself apart by cleverly combining price action and leading indicators to delineate support and resistance levels with a high degree of accuracy. Its unique feature is its adaptability; users can fine-tune the indicator by adjusting input parameters, enabling them to create customized support and resistance levels that suit their trading strategies. Notably, one of WSR's most attractive qualities is its non-repainting nature, meaning once it identifies a level as support or resistance, it maintains that classification.

To consider a price level as either support or resistance in real-time, WSR recommends waiting for a minimum of four price points to form around that level. This prudent approach ensures that the support or resistance is more robust and less prone to false signals. When such a level has been established, traders are advised to be patient and wait for price action to retest it.

The WSR Indicator's present offering is even more enticing, as it currently enjoys a substantial 40% discount. This limited-time opportunity invites traders to seize the advantage of this cutting-edge indicator at a reduced cost. Now is the opportune moment to leverage the distinct capabilities of the WSR Indicator and elevate your trading endeavors to new heights.

 

Now, let's delve deeper into how the Wamek Support and Resistant Indicator can significantly enhance your trading experience:

Reliability at its Core:

WSR instills confidence in traders by providing dependable support and resistance levels. The algorithm's ability to analyze both historical data and current price action enables it to generate levels that are more likely to hold up in the face of market volatility. This reliability is invaluable to traders looking to make informed decisions in a constantly changing market environment. It eliminates the need for guesswork and minimizes the risks associated with trading blind.

Tailored to Your Strategy:

What truly sets WSR apart is its adaptability. By adjusting the input parameters, traders can fine-tune the indicator to align with their specific trading strategies. Whether you're a day trader looking for short-term support and resistance levels or a swing trader with a longer time horizon, WSR can be customized to cater to your unique needs. This versatility empowers traders to refine their strategies and make more informed decisions.

To cater to individual preferences, the WSR Indicator extends the privilege of altering color codes. This customization feature allows traders to align the indicator's visual representation with their personal aesthetics and preferences, fostering a more immersive and user-friendly experience.

Across Various Markets:

WSR's capabilities are not limited to a specific asset class. It is equally effective when applied to currencies, commodities, stocks, and cryptocurrencies. This versatility ensures that traders can utilize WSR across a wide range of financial markets, making it a valuable tool for those with diverse investment portfolios. Whether you're trading the highly liquid forex market or the volatile world of cryptocurrencies, WSR can help you identify key support and resistance levels to inform your trading decisions.

 

 

Default Setting:

The default setting of WSR's input parameter is RSperiod=7. This setting can serve as a good starting point for many traders, providing a balanced approach to identifying support and resistance levels. However, it's essential to remember that customization is the key to unlocking the full potential of this indicator. Traders should experiment with different input values to fine-tune WSR to their specific trading goals and timeframes.

 

In conclusion, the Wamek Support and Resistant Indicator is a versatile and powerful tool that can significantly enhance your trading experience. Its ability to combine price action and leading indicators to identify support and resistance levels, along with its flexibility in adapting to various trading strategies and asset classes, makes it an asset for traders seeking reliable and customized insights into the market. Whether you're a novice or an experienced trader, WSR has the potential to be a game-changer in your trading toolkit. So, consider incorporating it into your trading strategy and watch how it can release you from the stress of hunting for support and resistance levels, ultimately leading to more informed and profitable trades.


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CONTACT US  after purchase to get the Indicator Manual. Try Now—Limited Discount for the next 10 Buyers! Download the  Metatrader 5 Version Read the product description carefully before purchasing the product.  Due to regulatory restrictions, our service is unavailable in certain countries such as India, Pakistan, and Bangladesh. Disclaimer: • Our products are available only on mql5.com. • We never contact anyone or sell our products privately. • We do not provide any personal trading advice.
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Supply and Demand is a well-known concept in trading any financial instrument. It helps identify key levels where buyers and sellers are likely to enter the market. This indicator highlights potential pivot points where institutional traders may place buy or sell orders. The indicator scans the last 50 candles to detect potential buy or sell zones. Dots on the candles mark where a supply or demand zone has formed, and a colored rectangular box extends from the zone’s origin to the current time.
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The Scaled Awesome Oscillator (SAO) represents a refined adaptation of the Awesome Oscillator, aimed at establishing consistent benchmarks for identifying market edges. Unlike the standard Awesome Oscillator, which records the variation in pips across different commodities, the only unchanging reference point is the zero line. This limitation hampers investors and traders from pinpointing specific levels for trend reversals or continuations using the traditional Awesome Indicator, a creation of
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The selective pin bar is designed to identify reversals. To use the selective pin bar effectively, traders typically look for Strong Rejection: The tail of the pin bar should extend significantly beyond the surrounding price action. It indicates that there was a sharp rejection of higher or lower prices during the trading period. A strong rejection suggests that the market sentiment may be changing.
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The Scaled Awesome Oscillator (SAO) represents a refined adaptation of the Awesome Oscillator, aimed at establishing consistent benchmarks for identifying market edges. Unlike the standard Awesome Oscillator, which records the variation in pips across different commodities, the only unchanging reference point is the zero line. This limitation hampers investors and traders from pinpointing specific levels for trend reversals or continuations using the traditional Awesome Indicator, a creation of
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Volume Cross Over is an indicator that measure positive and negative volume flow in a financial instrument, such as a stock, commodity, or index. It is base on the idea of On-Balance Volume developed by  Joseph Granville. However instead of trending lines, this indicator shows volume cross over.  When  the closing price of an asset is higher than the previous  closing price, then the Bull volume is greater  than zero and Bear volume is negative. It suggests that buying volume is dominating, an
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MT4 Indicator Get ahead of the curve with the Wamek Trend Consult indicator . Designed to identify early and continuation trends, this powerful tool empowers traders to enter the market at precisely the right moment, utilizing powerful filters to reduce the number of fake out signals and improve the accuracy of your trades. By precisely analyzing market trends and filtering out false signals, using its advanced algorithms and unparalleled accuracy, the Trend Consult indicator provides traders wi
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Versión 2.0 2023.11.18

We are excited to announce the release of update version 2.00 for our trading indicator. This update brings significant improvements to enhance your trading experience.

Key highlights of version 2.00:

1. Improved Candlestick Representation: We have corrected the single points form on each candle, providing a more accurate and refined visualization. This enhancement ensures that the indicator precisely captures the market movements, offering you a clearer perspective on price action.

2. Enhanced Support and Resistance Area Development: Our team has worked diligently to optimize the development of support and resistance areas. Now, when the conditions for support or resistance occur, the indicator intelligently adapts, providing you with a more comprehensive understanding of the instrument it is attached to. This feature empowers traders by offering valuable insights into key market levels.

3. Bug Fixes: In addition to the substantial improvements mentioned above, version 2.00 includes fixes for minor errors in the code. These corrections contribute to the overall stability and reliability of the indicator, ensuring a smoother and more accurate analysis of market dynamics.

We believe that these updates will significantly elevate the performance and functionality of our trading indicator. Your feedback has been invaluable in shaping these improvements, and we are committed to continually enhancing our product to meet your evolving needs.

Thank you for choosing our indicator for your trading journey. We look forward to your continued success.