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Advanced Support Resistant Finder

This powerful utility is designed to enhance your trading analysis by automatically identifying key support and resistance levels and detecting divergences on popular technical indicators such as the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence).

Key Features:

  1. Automatic Support and Resistance Plotting:

    • The utility scans the chart for significant swing highs and lows, plotting precise support and resistance lines. These levels can help traders identify potential areas of price reversal or breakout, making it easier to spot trading opportunities.
  2. Divergence Detection on RSI and MACD:

    • The utility detects both bullish and bearish divergences on RSI and MACD indicators. Divergences can indicate potential trend reversals, providing traders with early signals for entering or exiting trades.
  3. Customizable Settings:

    • Adjust parameters such as the sensitivity of swing high/low detection, the periods for RSI and MACD, and the appearance of support/resistance lines. This flexibility allows the utility to be tailored to fit your specific trading style and strategy.
  4. Real-Time Alerts:

    • Receive real-time alerts when new support or resistance lines are identified or when a divergence is detected. Alerts can be displayed on the platform, or sent to your email or mobile device, ensuring you never miss important signals.
  5. User-Friendly Interface:

    • The utility is designed for simplicity and ease of use. Its intuitive interface allows traders of all experience levels to set up and start using the tool quickly and efficiently.

Benefits:

  • Improve Trading Analysis: By automatically spotting key levels and potential reversal signals, this utility enhances your market analysis and helps you make more informed trading decisions.
  • Save Time: Eliminate the need for manual chart analysis. The utility continuously monitors the market and highlights important levels and signals for you.
  • Versatile Tool: Suitable for various trading styles, including day trading, swing trading, and long-term investing.

How It Works:

  • The utility continuously monitors price movements and calculates significant swing highs and lows to draw support and resistance lines on the chart.
  • It also checks for divergences between price action and the RSI/MACD indicators. When a divergence is identified, the utility provides an alert.
  • These features help traders quickly and effectively identify high-probability trading setups based on historical price action and technical indicator signals.


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Automate your trading with any custom indicator Would you like to automate your trading using a custom indicator of your choice? This EA trades using almost any custom indicator. It offers fully customizable settings, flexible position management, customizable trading sessions and weekdays, an inverse mode and a martingale mode. All the robot needs from you are two inputs: The filename of the indicator to trade The signal buffer or the buy/sell buffers to call That's it! The signal buffer or t
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Vu Trung Kien
4.27 (22)
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT5 accounts only. For MT4 accounts, you must use Auto Trade Copier (for MT4). Reference: - For MT4 receiver, please download Trade Receiver Fr
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Overview : Introducing the Custom MACD Indicator for MetaTrader 5, inspired by the popular TradingView MACD but enhanced with additional features. This indicator provides traders with more flexibility and better visual cues for decision-making. Key Features : Custom Histogram Colors : Set your preferred color scheme for the MACD histogram to improve visibility and match your trading chart style. Recalculated Histogram Values : Get more accurate signals with our recalculated histogram values, des
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ATR TpSl Bands
Tan Cuong Nguyen
This indicator uses the Average True Range (ATR) to dynamically calculate and plot take-profit (TP) and stop-loss (SL) levels for trading positions. By leveraging the ATR, the indicator adapts to market volatility, ensuring that TP and SL levels are placed at optimal distances to account for price fluctuations. Key Features: ATR-Based Calculations: The indicator uses the ATR, a popular measure of market volatility, to determine the appropriate distance for both TP and SL levels. This ensures tha
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Multi Indicator Divergence Finder Enhance your trading strategy with the Multi Indicator Divergence Finder! This versatile tool is engineered to help traders quickly and accurately identify both regular and hidden divergences across multiple popular indicators simultaneously, including RSI, MACD, CCI, Stochastic, MFI, and RVI. Experience real-time divergence detection with signals plotted directly on your charts. Key Features: Simultaneous Multi-Indicator Divergence Detection : Detect regular an
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Versione 1.1 2024.09.01
Fix initialization failed when the chart already has other indicators.