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Support Resistance Tracking

Support Resistance Tracking Indicator

The Support Resistance Tracking Indicator is a technical analysis tool that helps traders identify and track support and resistance levels. It is a valuable tool for traders of all levels, from beginners to experienced professionals.

How it works

The Support Resistance Tracking Indicator uses a variety of methods to identify support and resistance levels. These methods include:

  • Historical price action: The indicator looks for price levels where the market has previously reversed direction.
  • Chart patterns: The indicator identifies chart patterns that are often associated with support and resistance levels.
  • Indicators: The indicator uses other technical indicators to identify potential support and resistance levels.

Once the indicator has identified support and resistance levels, it displays them on the chart. The indicator also provides indicators of the strength of these levels.

Benefits

The Support Resistance Tracking Indicator offers a number of benefits to traders, including:

  • Helps identify potential trading opportunities: By identifying support and resistance levels, traders can identify potential entry and exit points for their trades.
  • Improves trading accuracy: By understanding support and resistance levels, traders can improve their trading accuracy.
  • Reduces risk: By identifying areas of support and resistance, traders can reduce their risk of losing money on trades.

How to use

The Support Resistance Tracking Indicator is easy to use. Simply add the indicator to your chart and configure the settings to your liking.


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Tendencia del oro : se trata de un buen indicador técnico bursátil. El algoritmo del indicador analiza el movimiento del precio de un activo y refleja la volatilidad y las posibles zonas de entrada. Las mejores señales del indicador: - Para VENTA = histograma rojo + puntero rojo CORTO + flecha amarilla de señal en la misma dirección. - Para COMPRA = histograma azul + puntero azul LARGO + flecha de señal aqua en la misma dirección. Ventajas del indicador: 1. El indicador produce señales co
Una implementación personal de Order Blocks, una estrategia de negociación de posiciones simple pero efectiva. El operador debe ingresar al mercado o buscar operaciones en la dirección del último bloque de orden, si el rango de precios no se ha roto en la dirección opuesta a la ruptura. Los bloques abiertos no se dibujan para mayor claridad. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Un bloque abierto alcista es la primera barra alcista d
Volume Break Oscillator es un indicador que combina el movimiento de precios con las tendencias de volumen en forma de oscilador. Quería integrar el análisis de volumen en mis estrategias, pero siempre me han decepcionado la mayoría de los indicadores de volumen, como OBV, Money Flow Index, A/D, pero también Volume Weighted Macd y muchos otros. Por lo tanto, escribí este indicador para mí mismo, estoy satisfecho con su utilidad y, por lo tanto, decidí publicarlo en el mercado. Características
Candle Probability Scalper
Martin Alejandro Bamonte
Guía de Uso del Candle Probability Scalper Este indicador hace que el scalping sea facil y 100% intuitivo. Candle Probability Scalper te mostrará de un vistazo los datos de los porcentajes de fuerza de compradores y vendedores en TIEMPO REAL , y en la vela actual. Los porcentajes se actualizan en cada tick, con lo que segundo a segundo sabrás lo que están haciendo la mayoría de compradores y vendedores, sin ningún tipo de retrasos, esto te ayudará inmensamente a determinar o confirmar cual es la
Volumatic VIDyA MT4
Duc Hoan Nguyen
5 (3)
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Volumatic VIDYA (Variable Index Dynamic Average) es un indicador avanzado diseñado para rastrear tendencias y analizar la presión de compra-venta en cada fase de una tendencia. Utilizando el Promedio Dinámico de Índice Variable (Variable Index Dynamic Average) como técnica principal de s
El sistema PRO Renko es un sistema de trading de alta precisión especialmente diseñado para operar gráficos RENKO. Se trata de un sistema universal que se puede aplicar a diversos instrumentos de negociación. El sistema neutraliza eficazmente el llamado ruido de mercado, lo que le brinda acceso a señales de reversión precisas. El indicador es muy fácil de usar y solo tiene un parámetro responsable de la generación de señales. Puede adaptar fácilmente la herramienta a cualquier instrumento come
Otros productos de este autor
Introducing the "Super Trend Filter Oscillator," your ultimate trading companion designed to enhance your technical analysis and help you make informed decisions in the financial markets. This innovative oscillator is crafted to provide valuable insights into market trends and price movements, assisting traders like you in identifying potential entry and exit points. Features: Trend Identification: The Super Trend Filter Oscillator excels in detecting prevailing market trends, whether they are b
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The product   Divergence Mom Stoch Adx Bears Bulls   is designed to find the differences between indicators and price. It allows you to open orders or set trends using these differences. The indicator has 4 different divergence features. Divergence types Class A Divergence Class B Divergence Class C Divergence Hidden Divergence Product Features and Rec ommendations There are 5 indicators on the indicator Indicators =   Momentum Stochastic Adx Bears Bulls 4 different divergence types are used.
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Cybercycle Trend
Muhammed Emin Ugur
Introducing the "Cybercycle Trend" Forex Oscillator, a powerful technical indicator designed to enhance your trading experience in the foreign exchange market. This innovative tool utilizes advanced algorithms to identify and analyze market trends, providing you with valuable insights and helping you make informed trading decisions. The Cybercycle Trend Forex Oscillator is specifically designed to detect and measure cyclical price movements in the forex market. By incorporating this oscillator
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The Average Cross System indicator is a versatile tool designed for traders using the MetaTrader 4 (MT4) platform. This indicator provides a straightforward yet effective way to identify potential buy and sell signals based on moving average crossovers, a widely used technical analysis strategy. Key Features: Moving Average Crossovers: The heart of the Average Cross System is the detection of moving average crossovers. It automatically identifies when a shorter-term moving average crosses above
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Candle Trend Bars
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Unlock the power of trend analysis with the Candle Trend Bars Indicator – your go-to tool for identifying and understanding market trends like never before. This innovative indicator transforms traditional candlestick charts into a dynamic and visually intuitive representation of market trends. Key Features: Trend Clarity: Gain a clear and concise view of market trends with color-coded bars that instantly convey the direction of price movements. User-Friendly Design: The indicator is designed wi
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The   Trend Finding Channels   indicator was developed to help you determine the trend direction by drawing channels on the graphical screen. It draws all channels that can be trending autonomously. It helps you determine the direction of your trend. This indicator makes it easy for you to implement your strategies. The indicator has Down trend lines and Up trend lines. You can determine the price direction according to the multiplicity of the trend lines. For example , if the Down trend lines s
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The product   Divergence Cci Force Stddev Ac Atr   is designed to find the differences between indicators and price. It allows you to open orders or set trends using these differences. The indicator has 4 different divergence features. Divergence types Class A Divergence Class B Divergence Class C Divergence Hidden Divergence Product Features and Rec ommendations There are 5 indicators on the indicator Indicators =   CCI, Force, Stdandard Deviation, Acelereator, Atr 4 different divergence type
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Super Channels
Muhammed Emin Ugur
Super Channels indicator is a channel indicator created by calculating support and resistance levels. It calculates by taking the average of support and resistance levels. After determining the number of candles, it takes the levels of the number of candles and creates an autonomous channel according to these levels. If you want to calculate how many candles, you must enter the number in the parameter section. Also, there are two types of modes in the indicator. The first is to calculate based o
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Nice Trade Point
Muhammed Emin Ugur
This    Nice Trade Point     indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame
Spread Monitor
Muhammed Emin Ugur
The Spread Monitor indicator is designed to instantly show the seprads of currency pairs. Spreads of all pairs appear at the bottom of the screen as oscillators. The indicator has a spread level parameter. When you enter a value in this parameter, the ones below that value are displayed in green and the ones above it in red.  The spreads of 28 pairs appear on the indicator. Note: It does not work in test mode. In test mode, spreads show 0. Works in live mode To View Our Other Products Go to the
This    Trusty Strong Arrow     indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Fr
This Special Strong Arrows indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate signals from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator is never repainted. The point at which the signal is given does not change. When the signal comes the arrows are put back one ca
Pure Super Signal
Muhammed Emin Ugur
This   Pure Super Signal   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate signals from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator is never repainted. The point at which the signal is given does not change. When the signal comes the arrows are put back one ca
This    Perfective Signal System   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time
This   Amazing Signal Entry   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate signals from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator is never repainted. The point at which the signal is given does not change. When the signal comes the arrows are put back one
The   True Hero Oscillator   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate signals from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. This product uses 3 main indicators and many algorithms. The indicator is never repainted. The point at which the signal is given does not c
This    Harmony Cross Signal     indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time F
Super Magic Signal     indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1 W
Precise Cross Arrow     indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1
Amazing Pro System   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1 Wor
The Multi Channel Trend indicator was developed to help you determine the trend direction by drawing channels on the graphical screen. It draws all channels that can be trending autonomously. It helps you determine the direction of your trend. This indicator makes it easy for you to implement your strategies. The indicator has Down trend lines and Up trend lines. You can determine the price direction according to the multiplicity of the trend lines. For example , if the Down trend lines start to
Hero Line Trend
Muhammed Emin Ugur
The   Hero Line Trend   indicator was developed to help you determine the trend direction by drawing channels on the graphical screen. It draws all channels that can be trending autonomously. It helps you determine the direction of your trend. This indicator makes it easy for you to implement your strategies. The indicator has Down trend lines and Up trend lines. You can determine the price direction according to the multiplicity of the trend lines. For example , if the Down trend lines start to
The product Divergence Macd Obv Rvi Ao Rsi is designed to find the differences between indicators and price. It allows you to open orders or set trends using these differences. The indicator has 4 different divergence features. To View Our Other Products Go to the link:   Other Products Divergence types Class A Divergence Class B Divergence Class C Divergence Hidden Divergence Product Features and Rec ommendations There are 5 indicators on the indicator Indicators = Macd Obv Rvi Ao Rsi 4 diffe
Real Pro Signal
Muhammed Emin Ugur
Real Pro Signal   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1 Works
Perfect Cross Arrows   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change. Signals are sent at the beginning of new candle
Great Strong System   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1 Wo
Amazing Pro Signal   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1 Wor
Real Strong Entry
Muhammed Emin Ugur
Real Strong Entry   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1 Work
Special Entry Arrow   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change.     Features and Suggestions Time Frame: H1 Wo
Credible Cross System   indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. The indicator works based on instant price movements. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not c
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