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Support Resistance Breakout MT4

5

This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles.

If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market.

Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan.


MT5 Version

Support/Resistance Breakout MT5 : https://www.mql5.com/en/market/product/65834


Indicator Capabilities:

    • So simple.
    • No Repaint, No Delay, No Lag
    • Easy to use for non-experienced traders as well as professional traders.
    • Low-risk entries.
    • No other Indicator is needed.
    • Popup Alerts, Push Notification, and Email alerts.
    • Works with any symbols in any time frame.
    • Can be used in Expert Advisors.


    Indicator Parameters:

      • Period to find Support/Resistance
      • Final Signal Method (Rising, Exciting, Both)
      • Draw Support and Resistance Line
      • Show Fractals
      • Show HigherHigh, HigherLow, LowerLow, LowerHigh
      • Show Candle Types (Volume Analysis, Trend or None)
      • Types of Alert


      Comentarios 2
      lauro1956
      5082
      lauro1956 2022.02.16 22:10 
       

      highly recommended indicator

      Aravind Kolanupaka
      8935
      Aravind Kolanupaka 2021.10.09 22:33 
       

      Good one

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      lauro1956
      5082
      lauro1956 2022.02.16 22:10 
       

      highly recommended indicator

      Aravind Kolanupaka
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      Aravind Kolanupaka 2021.10.09 22:33 
       

      Good one

      Respuesta al comentario
      Versión 1.3 2021.06.08
      Bug fixed