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PZ Support Resistance MT5

4

Unlock key market insights with automated support and resistance lines

Special Offer: Purchase now to receive free bonuses worth $89! (Read more for details)

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Boost your technical analysis
  • Customizable timeframe selection
  • Read price levels from the timeframe of your choosing
  • Detect important price levels without browsing through charts
  • Recognize the relative strength of all price levels at a glance
  • Save up to half an hour of plotting lines for every trade
  • The indicator displays the age of all price levels

Price levels are collapsed by proximity and adjusted to the current market action.

  • Price levels get darker and wider as they get rejected over time
  • Unimportant price levels are cleared regularly to avoid noise
  • It implements email/sound/push alerts for breakouts and false breakouts

Input Parameters

  • Timeframe: Choose the period to read price data from. Can be current or higher.
  • Period: Zigzag period used to read price points from. Zero means the indicator will choose the best period.
  • ATR Period: ATR period used to collapse prices by proximity.
  • ATR Multiplier: ATR multiplier used to collapse prices by proximity. A higher value will produce less lines.
  • Max History Bars: Amount of past bars to iterate in the indicator finding prices.
  • Color Settings: Enter your desired colors for support and resistance lines based on importance.
  • Label Settings: Display or hide age labels and customise colors and sizes.
  • Alerts: Enable display/email/push/sound alerts for breakouts and fake breakouts.


Buy today and unlock exclusive bonuses!

    Purchase this indicator now and receive the following bonuses (total value: $89):
    • PZ Supply Demand Indicator (worth $59)
    • PZ Multi TDI Indicator (worth $30)

    To claim these bonuses, simply send me a private message. I will provide the bonuses to actual buyers of the indicator. To ensure it is you, please leave a review for the product first, or alternatively, provide the mql5 operation number of your purchase. I'll get back to you with your bonuses as soon as possible.



    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    리뷰 6
    Taffylola
    313
    Taffylola 2019.07.23 05:12 
     

    Easy to use and accurate product love it. Great support. Highly recommend

    hemmanuel
    139
    hemmanuel 2015.04.06 23:31 
     

    Fantastic indicator.

    Giovanni Pascoli
    1697
    Giovanni Pascoli 2014.04.08 18:40 
     

    It is an Excellent indicator.

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    Roman Podpora
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    지표
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    Roman Podpora
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    지표
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    지표
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    지표
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    Young Ho Seo
    4 (1)
    지표
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    PZ TRADING SLU
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    지표
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    지표
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    3 (2)
    지표
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    5 (2)
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    4.5 (8)
    지표
    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
    FREE
    PZ Wolfe Waves MT5
    PZ TRADING SLU
    지표
    Precision trading: leverage wolfe waves for accurate signals Special Offer: Purchase now to receive free bonuses worth $129! (Read more for details) Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide
    PZ Binary Options
    PZ TRADING SLU
    4 (2)
    지표
    This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
    FREE
    PZ Swing Trading
    PZ TRADING SLU
    5 (4)
    지표
    Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
    PZ Sandwich Bars MT5
    PZ TRADING SLU
    5 (2)
    지표
    This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b
    FREE
    PZ Oscillator MT5
    PZ TRADING SLU
    3.8 (10)
    지표
    This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
    FREE
    PZ Trendlines
    PZ TRADING SLU
    4.64 (11)
    지표
    Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come
    FREE
    PZ Candlestick Patterns MT5
    PZ TRADING SLU
    지표
    Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indica
    PZ Turtle Trading
    PZ TRADING SLU
    3.77 (13)
    지표
    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
    FREE
    PZ Wolfe Waves
    PZ TRADING SLU
    1 (1)
    지표
    Precision trading: leverage wolfe waves for accurate signals Special Offer: Purchase now to receive free bonuses worth $129! (Read more for details) Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide
    PZ Market Profile
    PZ TRADING SLU
    3.91 (11)
    지표
    The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color
    FREE
    PZ Lopez Flow MT5
    PZ TRADING SLU
    4.5 (4)
    지표
    This indicator studies price action as an aggregation of price and time vectors, and uses the average vector to determine the direction and strength of the market. This indicator highlights the short-term directionality and strength of the market, and can be used to capitalize from short-term price movements by trading breakouts or binary options.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find market direction easily Confirm with breakouts or other indicators
    FREE
    PZ Market Sentiment MT5
    PZ TRADING SLU
    4 (1)
    지표
    This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
    FREE
    PZ Risk Management
    PZ TRADING SLU
    4.17 (6)
    지표
    This indicator monitors the vital constants of your trading account to keep it healthy and away from excessive risks. It monitors all trades, absolute exposure, account floating point and leverage currently in use, using different color codes for your interpretation.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to understand The indicator is clean and simple It calculates exposure by pairs and currencies Keep your used leverage controlled at all ti
    FREE
    필터:
    Andres.Morelo
    129
    Andres.Morelo 2022.07.17 15:28 
     

    Worst indicator I've ever tried

    PZ TRADING SLU
    791249
    개발자의 답변 Arturo Lopez Perez 2022.08.28 13:46
    Thanks for your review.
    3015369
    149
    3015369 2021.01.16 15:45 
     

    사용자가 평가에 대한 코멘트를 남기지 않았습니다

    PZ TRADING SLU
    791249
    개발자의 답변 Arturo Lopez Perez 2021.05.08 17:36
    I have updated the indicator today. I hope this version earns a better judgement. Thanks.
    loveday iyalla
    181
    loveday iyalla 2020.07.26 15:53 
     

    One of my favorite tool. I recommend .

    Taffylola
    313
    Taffylola 2019.07.23 05:12 
     

    Easy to use and accurate product love it. Great support. Highly recommend

    hemmanuel
    139
    hemmanuel 2015.04.06 23:31 
     

    Fantastic indicator.

    Giovanni Pascoli
    1697
    Giovanni Pascoli 2014.04.08 18:40 
     

    It is an Excellent indicator.

    리뷰 답변
    버전 7.0 2024.07.19
    Housekeeping update
    버전 6.7 2022.01.31
    - Recompiled
    버전 6.6 2021.07.11
    - Bug fix in alert inputs
    버전 6.5 2021.05.08
    - Improved level detection
    - Improved grouping by atr
    - Improved inputs
    버전 4.2 2020.10.21
    Recompiled