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MultiTimeFrame Support Resistance Levels Indicator

53% OFF until December 31 (Normal price $125)! Don't miss the opportunity to have this invaluable tool! 


This is a totally automated multi timeframe support and resistance levels finder on every MT5 chart. No manual work! Just drop this indicator on a chart and you will have the S/R levels always up to date. It is very convenient and helps the trader to anticipate possible stalls and reversions in price movements. The levels are displayed as lines and each timeframe has a different color.

The indicator uses a minimum of computer resources, so it can be used in several charts at the same time without impacting MT5 performance.

Parameters:

1 - Use candle body or high/low: Can be "CandleBody" or "CandleHighLow". CandleBody ignores the candles' wicks to determine the S/R levels.

2 - Symbol: If left empty, uses the chart's symbol. This field can be used with instruments that expire monthly but have a continuous series. Put the continuous series here.

3 - Timeframes: A comma separated list of the timeframes to be used to determine the S/R levels. For instance W1,D1,H1 will draw the S/R levels found in the weekly, daily and hourly candles. Valid timeframes are MN, W1, D1, H4, H1, M15, M5 and M1.

4 - Number of bars: A comma separated list with the number of bars used to search for the S/R in each timeframe. For instance 104,110,50 will use 104 weekly bars, 110 daily bars and 50 hourly bars.

5 - Minimum distance between levels: A comma separated list with the minimum distance between levels. Levels closer than the minimum distance are eliminated with priority to the level from the larger timeframe.

6 - Distance type between levels: The minimum distance between levels can be specified in terms of PercentageOfPrice, FixedPoints (integer) or AverageCandleSize. 

Other parameters: Lines Styles and Colors

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If you want to find good trading opportunities, then you must trade near the Trend Line. This allows you to have a tighter         stop loss   on your trades — which improves your       risk to reward . But that’s not all… Because if you combine Trend Line with Support and Resistance, that’s where you find the best trading opportunities. Now you might wonder: “So when do I enter a trade?” Well, you can use reversal     candlestick patterns   (like the   Hammer, Bullish Engulfing, etc.) as your e
Market Overview MT5
Mehran Sepah Mansoor
Optimice sus decisiones de trading con nuestro indicador de fuerza y sentimiento del mercado y deje de operar contra tendencia! Diseñado meticulosamente para los operadores serios que valoran la información precisa y oportuna, nuestro indicador proporciona una vista de pájaro de los 28 pares principales de una manera muy sencilla. Esta herramienta es capaz de clasificar los pares de divisas basándose en términos de popularidad, fuerza de tendencia alcista o bajista y porcentaje de compradores y
Este es posiblemente el indicador de reconocimiento automático de formación de precios más completo que puede encontrar para la plataforma MetaTrader. Detecta 19 patrones diferentes, toma las proyecciones de Fibonacci tan en serio como usted, muestra la zona de reversión potencial (PRZ) y encuentra niveles adecuados de stop-loss y take-profit. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Detecta 19 formaciones de precios armónicos difer
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (8)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Nuestro innovador   Panel Básico de Patrones de Velas   está diseñado específicamente para identificar patrones de velas rentables en el gráfico de forma automática. Este panel utiliza algoritmos avanzados para escanear los gráficos de precios en tiempo real y detectar una amplia gama de patrones de velas, desde los más clásicos hasta los más complejos. Además, tiene una interfaz fácil de usar que le permite visualizar los patrones detectados en diferentes marcos de tiempo, por lo que es fácil t
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Format Charts MT4
Vital H B Engenharia Ltda
If you use several charts open at the same time, you know how boring it is to apply formats to each chart individually. This script can change all open charts using a single command. Parameters: 1 - Choose symbol to put on charts: apply the selected symbol to all charts. If "current", it does not change the symbol; 2 - Choose timeframe or leave empty: apply the selected timeframe to all charts. If "CURRENT", it does not change the timeframe; 3 - Apply template to the charts: If true, apply the t
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Format Charts
Vital H B Engenharia Ltda
If you use several charts open at the same time, you know how boring it is to apply formats to each chart individually. This script can change all open charts using a single command. Parameters: 1 - Choose symbol to put on charts: apply the selected symbol to all charts. If "current", it does not change the symbol; 2 - Choose timeframe or leave empty: apply the selected timeframe to all charts. If "CURRENT", it does not change the timeframe; 3 - Apply template to the charts: If true, apply the t
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53% OFF until December 31 (Normal price $125)! Don't miss the opportunity to have this invaluable tool!  This is a totally automated multi timeframe support and resistance levels finder on every MT4 chart. No manual work! Just drop this indicator on a chart and you will have the S/R levels always up to date. It is very convenient and helps the trader to anticipate possible stalls and reversions in price movements. The levels are displayed as lines and each timeframe has a different color. The
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