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MQLTA Support Resistance Lines DEMO

MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function.

This DEMO only works with AUDNZD, the full product can be found at https://www.mql5.com/en/market/product/26328


How does it work?

The indicator has a complex algorithm that scans the chart to detect previous levels of consolidation and bounce of the price, which will likely act as support and resistance levels in the future.


How to trade with Support and Resistance indicator

More than an entry point indicator, Support and Resistance is ideally used as a warning sign to trade, or for scalping. If the price is close to a level of support or resistance this will have to be treated carefully as the price might bounce back or break the level.


Custom indicator and Expert Advisor

One of the problems faced by programmers of Expert Advisors and indicators is the detection of levels of support and resistance so that an EA can use the levels to stop trading or set TP and SL.

MQLTA Support Resistance Lines can be easily integrated in other indicators and Expert Advisors through the use of the iCustom function.

The indicator can return:

  • The 8 closest levels of support/resistance
  • The flag if the price is near a level
  • The first level above the price
  • The first level below the price
  • The distance between the price and the above level
  • The distance between the price and the below level


Parameters

  • Timeframe to Analyze - Choose the timeframe for the analysis of support and resistance levels
  • Number of Levels - Choose if you want to display more or less levels
  • Safety Distance - Minimum points of distance between the price and the closest level to consider the price in a Safe Zone
  • Fill Buffers With - Choose what to fill the buffers with, used for integration in indicators and EAs
  • Recent Candles to Ignore - Specify the number of recent candles to ignore in the analysis
  • Bars to Analyze - Number of bars to analyze to calculate the levels
  • Max Price Range to Analyze - Max range of price to analyze
  • Enable Notifications - To enable or disable the notifications
  • Notify in - To set if notify in Safe or Dangerous Area
  • Notification Internal - Specify the minimum interval between notifications
  • Send Alert Notifications - To enable or disable on screen alerts
  • Alert Sound - To select the alert sound
  • Send Notification to Mobile - To enable or disable the app notifications
  • Send Notification to Email - To enable or disable email notifications
  • Draw Lines - To enable or disable the display of lines
  • Resistance Color
  • Support Color
  • Line Thickness
  • Draw Window - To enable or disable the drawing of the window
  • Horizontal spacing - distance of the window from the left border
  • Vertical spacing - distance of the window from the top border
  • Indicator Name - Prefix of the objects on chart

If you like this tool please take a minute to leave a review.

If you have suggestions to improve it please send me a message and we can discuss it further.

Feel free to visit my profile and "Add to friends" https://www.mql5.com/en/users/mql4autotrading

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Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
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Oleg Rodin
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Scalper Vault è un sistema di scalping professionale che ti fornisce tutto il necessario per scalping di successo. Questo indicatore è un sistema di trading completo che può essere utilizzato dai trader di forex e opzioni binarie. L'intervallo di tempo consigliato è M5. Il sistema fornisce segnali di freccia accurati nella direzione della tendenza. Ti fornisce anche i segnali più alti e più bassi e i livelli di mercato di Gann. Gli indicatori forniscono tutti i tipi di avvisi, comprese le notifi
Entry Arrow Alerts: Finds market entry opportunities then notifies you via mobile or desktop alerts The key features include: Conservative mode . One entry signal per direction. Ideal for the patient trader looking to capture longer term moves. Aggressive mode . Multiple possible entry signals per direction. Ideal for the active trader looking to capture multiple moves within the same trend. Trigger Line . Price entry line helps cut down on false signals. Display Window . Allows you to instantly
Trend Pulse
Mohamed Hassan
5 (4)
Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you know that it's not a good time to enter a trade. This excellent system makes Trend Pulse
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Bernhard Schweigert
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Attualmente 20% di sconto! Questo cruscotto è un software molto potente che lavora su più simboli e fino a 9 timeframe. Si basa sul nostro indicatore principale (migliori recensioni: Advanced Supply Demand ).   Il cruscotto offre un'ottima panoramica. Mostra:    Valori filtrati di domanda e offerta, compresa la valutazione della forza delle zone, distanze dei pip da/all'interno delle zone, Evidenzia le zone annidate, Fornisce 4 tipi di allarmi per i simboli scelti in tutti i (9) time-frames
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
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TakePropips Donchian Trend Pro   (MT4) è uno strumento potente ed efficace che rileva automaticamente la direzione del trend utilizzando il canale Donchian e ti fornisce segnali di trading di entrata e uscita! Questo indicatore multifunzione include uno scanner di tendenza, segnali di trading, pannello statistico, screener, sessioni di trading e dashboard della cronologia degli avvisi. È progettato per fornirti segnali di trading e farti risparmiare ore analizzando i grafici! È possibile scarica
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Alexandr Lapin
5 (5)
Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
TPSpro RFI Levels
Roman Podpora
4.82 (22)
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Altri dall’autore
MQLTA Supertrend Multi Timeframe
MQL4 Trading Automation
4.85 (13)
Индикатор MQLTA Supertrend Multi Timeframe сочетает в себе значения Supertrend, найденные на нескольких таймфреймах, чтобы подтвердить тренд пары. Для работы утилиты необходим бесплатный индикатор MQLTA Supertrend Line - https://www.mql5.com/en/market/product/25951. Как он работает? Индикатор проверяет состояние Supertrend на всех выбранных таймфреймах и отображает результат в виде легко читаемой таблицы. Как торговать с помощью индикатора Supertrend Multi Timeframe Покупку следует совершать
FREE
MQLTA Support Resistance Lines
MQL4 Trading Automation
4.27 (11)
MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572 How does it work? The indicat
FREE
MQLTA One Click Trade Pro
MQL4 Trading Automation
4.56 (9)
One Click Trade Pro is a tool that allows you to open orders with just one click, choosing all the parameters, including the Magic Number! Useful if you want to quickly submit trades specifying also their Magic Number. Other than submitting new orders you can also see the list of orders (with their Magic Number) and change their Stop Loss and Take Profit. The PRO version also allows you to: Open opposite pending orders Setup and submit orders using lines, for a better visualization How does it
FREE
MQLTA Supertrend Line
MQL4 Trading Automation
5 (3)
The Supertrend Line indicator shows you the trend using calculation based on the ATR. How does it work? The Supertrend draws a line following the current trend, this line is the result of calculation made with the ATR. A Line under the candle means a likely bullish trend A Line above the candle means a likely bearish trend How to trade with CSL indicator Buy when the Supertrend line is below the price, Sell when the Supertrend line is above the price. It is strongly suggested to use this ind
FREE
MQLTA Currency Strength Matrix
MQL4 Trading Automation
4.38 (8)
Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes, allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. How does it work? The CSM compares the value of the current moving average with the same moving average in the previous candle for all the 28 pairs and all 9 timeframes, producing a Matrix of Strengt
FREE
MQLTA Pattern Detector
MQL4 Trading Automation
Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. Demo version working on AUDNZD can be found https://www.mql5.com/en/market/product/29189 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used to draw the graphical obje
FREE
MQLTA Price Line Alert
MQL4 Trading Automation
4.67 (3)
The Price Line Alert Indicator will allow you to set price level that will alert you when hit, the price level will be shown in the chart as lines. Useful to get notified at specific prices, support, resistance, round numbers and so forth. If you want to a similar utility that will automatically close your position at a specific price check https://www.mql5.com/en/market/product/23113 How does it work? You can set several Price Lines and configured them to notify you if the price goes above or
FREE
MQLTA Target Line Indicator
MQL4 Trading Automation
4.75 (4)
FREE
MQLTA Currency Strength Lines
MQL4 Trading Automation
4.88 (8)
The Currency Strength Lines (CSL) indicator is a very useful tool for both beginners and experienced traders. It is able to calculate the strength of single currencies and show them on a chart, so that you can see the trend and spot trading opportunities. How does it work? The CSL Indicator will run calculations on all the 28 pairs, resulting in the overall strength across the market of individual currencies at any given moment. You can use this data to spot currencies that are strong, getting
FREE
MQLTA Bollinger Bands Breakout Alert
MQL4 Trading Automation
3.67 (3)
Bollinger Bands Breakout Alert is a simple indicator that can notify you when the price breaks out of the Bollinger Bands. You just need to set the parameters of the Bollinger Bands and how you want to be notified. Parameters: Indicator Name - is used for reference to know where the notifications are from Bands Period - is the period to use to calculate the Bollinger Bands Bands Shift - is the shift to use to calculate the Bollinger Bands Bands Deviation - is the deviation to use to calculate
FREE
MQLTA Parabolic SAR Trailing Stop
MQL4 Trading Automation
4.33 (3)
The Parabolic SAR Trailing Stop will trail the Stop Loss price of your selected orders following the PSAR indicator, so you don't have to worry about having to change it manually. How does it work? The Expert Advisor sets and moves the Stop Loss price of the selected orders following the value of the PSAR Indicator. You can filter the Orders by Symbol Comment Magic Number Buy/Sell Parameters PSAR Step - The Step of the PSAR PSAR Max Step - The Max Step of the PSAR PSAR Shift - The Shift of t
FREE
MQLTA Auto Close
MQL4 Trading Automation
5 (2)
Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. Free version with limited features can be found https://www.mql5.com/en/market/product/29179 How does it work Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk management parameters is met you can be no
FREE
MQLTA Supertrend Trailing Stop
MQL4 Trading Automation
4.75 (4)
The Supertrend Trailing Stop will trail the Stop Loss price of your selected orders following the Supertrend Line, so you don't have to worry about having to change it manually. MQLTA Supertrend Trailing Stop requires you to install the FREE Indicator Supertrend Line https://www.mql5.com/en/market/product/25951 How does it work? The Expert Advisor sets and moves the Stop Loss price of the selected orders following the value of the Supertrend Line. You can filter the Orders by Symbol Comment Ma
FREE
MQLTA Take Screenshot
MQL4 Trading Automation
4.67 (3)
Утилита MQLTA Take Screenshot позволяет снимать скриншоты текущего графика прямо из самого графика. Утилита полезна для быстрого сохранения интересной ситуации и сохранения текущего графика перед открытием или закрытием ордера. Как она работает? Take Screenshot использует встроенную функцию языка MQL4 для сохранения снимка текущего графика. Как использовать утилиту Загрузите индикатор и выберите нужные параметры. Как только откроется панель, нажмите на значок сохранения, чтобы сделать снимок
FREE
MQLTA Candle Timer
MQL4 Trading Automation
5 (1)
MQLTA Candle Timer is an indicator that can show you the details about a symbol/pair and alert you before the close of a candle. Used in swing trading and not only, it can help your strategies knowing and be ready before the close of a candle. How does it work Simply add the indicator to the chart and set the notifications options. You can load a minimalistic interface or a full interface. The alert will be sent once per candle. Parameters All the parameters, that you can see in the picture,
FREE
MQLTA One Click Trade
MQL4 Trading Automation
4.44 (9)
FREE
Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. This DEMO only shows 4 currencies and 4 timeframes, for the full version please check https://www.mql5.com/en/market/product/24252 How does it work? The CSM compares the value of the current moving av
FREE
MQLTA Draw Grid
MQL4 Trading Automation
5 (2)
Простая утилита MQLTA Draw Grid поможет вам нарисовать сетку на вашем графике. Она полезна при изучении графика и моделирования сетки. Как она работает? Утилита будет создавать горизонтальные линии в зависимости от заданных параметров Как использовать этот инструмент Установите индикатор на график, выбрав параметры по умолчанию. Выберите начальную точку, значения минимума и максимума диапазона и стиль. В появившейся графической панели вы сможете создавать и удалять сетку, а также изменять не
FREE
MQLTA Show Magic Numbers
MQL4 Trading Automation
4.14 (7)
The panel displays the list of all orders (market and pending) along with their details, including magic numbers and commentaries. The panel can be moved around the chart. For market orders, the profit listed includes the associated commission and swaps. There aren't any important input parameters, but you can control the panel's initial location via them.
FREE
Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. The DEMO version only works on AUDNZD pair. Full product can be found https://www.mql5.com/en/market/product/29190 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used
FREE
MQLTA Time Line Auto Close
MQL4 Trading Automation
Советник Time Line Auto Close (TLAC) позволит вам создавать вертикальные линии (Time Lines, линии времени), которые будут автоматически закрывать все или некоторые из ваших открытых ордеров. Вы можете создавать и управлять несколькими линиями, настроить для каждой из них закрываемые ордера и оповещения. Ордера можно фильтровать по валюте, магическому номеру, номеру ордера и типу ордера. Также можно настроить отправку уведомлений перед активацией линий. Как она работает? С помощью TLAC вы сможе
FREE
MQLTA Close at Target Line
MQL4 Trading Automation
5 (2)
FREE
MQLTA Instrument Details
MQL4 Trading Automation
5 (1)
MQLTA Instrument Details shows you in an easy to read in chart table the details about the instrument/Symbol, including: Label Trade Mode Default Contract Size Minimum Size Maximum Size Size Step Digits Used Tick Size Tick Value Stop Level Bid Ask Spread Parameters Indicator name to create the objects Default Window when opening the indicator Horizontal offset Vertical offset If you like this tool please take a minute to leave a review. If you have suggestions to improve it please send me a me
FREE
MQLTA Auto Close Demo
MQL4 Trading Automation
Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. This Demo Version has Notification and Close features disabled, full version can be found https://www.mql5.com/en/market/product/29141 How does it work? Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk
FREE
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Versione 1.1 2021.02.16
Minor code cleanup and optimizations.