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Day Trades Support and Resistance

5

Day Trades Resistance and Support (daytradesSR) is an indicator composed of

1.  The main line (support/resistance line),  which shows

i.   either UP or DOWN trend

ii.  levels of dynamic support or resistance   

2.    A specific range defined by a line for range high and another line for range low.   These lines serve as weak secondary support or resistance.   

3.   When the main line (support/resistance line) is first hit by the price after a detected trend reversal, either an UP ARROW (support) or DOWN ARROW (resistance) sign will appear on the main line.

4.    There is an option for ARROW signs appear on the price as soon as a new trend is detected, i.e. trend reversal.  

Users should examine their trading positions rigorously whenever the abovementioned 3 & 4 happen.

All abovementioned levels can be read from the MT4 Data Window (Ctrl-D).

Input parameters:

-    Trends Detection Sensitivity:  It has options from high to low, which controls the baseline for predicting trend reversals.    In case of lower sensitivity,  a longer baseline is used and the indicator becomes less responsive to price changes. 

-   Short trends filter:  It has options from strong to weak, and defines the threshold of price actions identified as an early sign of trend reversal.  The stronger the filter, the more short trends will be filtered out.  

-   Technical Objective (since version 2.0):  It has 3 options to set the SR level more closely to the price:  General analysis, Trading (General), Trading (Aggression).   

Timeframes:  as short as 1-min timeframe for day trades, and up to 4-hr timeframe for traders looking for long trends.       

Screenshots: EURUSD with default input options for 1-min, 5-min, 15-min, 30-min, 1-hr and 4-hr timeframes (Ver 1.0)  

Day Trades Resistance and Support (daytradesSR) is a professional grade forex indicator with proprietary algorithm. 

Designed for day trades.  Suitable to both traders and analysts. 


İncelemeler 1
Aravind Kolanupaka
8895
Aravind Kolanupaka 2021.02.15 16:21 
 

Useful indicator to confirm trend direction

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Indicatorul MOTANO Bună ziua! 24 de ore - REDUCERE PREȚ! Profita! Tocmai am terminat indicatorul MOTANO după multă muncă. Este un indicator de săgeată. Merge perfect pe M15, aproape orice pereche. Săgețile indică intrările de cumpărare și vânzare, iar o țintă de profit de 5,10 sâmburi asigură un profit sigur. Un profit și mai mare poate fi stabilit, în funcție de situație. Dar cuvintele sunt de prisos. Testați-l și trageți propriile concluzii. Notă Este posibil ca acești ind
Mucizevi Forex Göstergesi Tanıtımı: Keskin Ticaretin Gücünü Serbest Bırakın Tüm zaman dilimlerinde gerçekten olağanüstü sonuçlar sunan en iyi Forex göstergesini aramaktan sıkıldınız mı? Artık aramayın! Mucizevi Forex Göstergesi, ticaret deneyiminizi devrimleştirip kazançlarınızı yeni zirvelere taşımak için burada. Gelişmiş teknoloji ve yılların özenli geliştirmesi temelinde Mucizevi Forex Göstergesi, döviz piyasasında güç ve keskinlik açısından doruğa çıkar. Bu olağanüstü araç, tüm seviyelerdeki
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.82 (22)
Şu anda %20 İNDİRİMLİ! Bu gösterge paneli, birden fazla sembol ve 9 zaman dilimine kadar çalışan çok güçlü bir yazılım parçasıdır. Ana göstergemize dayanmaktadır (En iyi yorumlar: Advanced Supply Demand ).     Gösterge paneli harika bir genel bakış sağlar. Gösterir:    Bölge mukavemet derecesi dahil filtrelenmiş Arz ve Talep değerleri, Bölgelere/ve bölgeler içindeki pip mesafeleri, İç içe geçmiş bölgeleri vurgular, Tüm (9) zaman dilimlerinde seçilen semboller için 4 çeşit uyarı verir. Kişis
Currently Price 20% OFF ( for unlimited use )   BONUS  AUX VIP Club 2024 : Include  EA Airbag  and  Load Data History  to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced insights and precision in
Max Paynex
Abdulkarim Karazon
Max Payne, ok şeklinde sinyaller veren bir ters/trend sinyal göstergesidir, bu gösterge sinyalini aynı çubuk kapanışında verir, bu gösterge sinyallerin ikili/üçlü onayını almak için grafik üzerinde farklı periyotlarla birden çok kez düşebilir Gösterge, hiçbir zaman yeniden boyamaz veya arkasını boyamazken, herhangi bir ticaret stiline uyacak şekilde son derece ayarlanabilir; satın alma sonrasında, kullanılan şablonların yanı sıra ekran görüntülerinde gösterilen tüm sistemi elde edeceksiniz. ---
SNR LEVEL INDICATOR Accurate Snr level indicator will only display Fresh Levels that are close to the Current Market Price. This indicator is very accurate in mapping Support & resistance levels. there is an alert feature when the price TOUCHES the SNR LEVEL, WHEN CLOSE CANDLE BREAK/REJECT SNR LEVEL. INDICATOR MARKING :: - SUPPORT LEVEL == V SHAPE - RESISTANCE LEVEL == APEX LEVEL - GAP RESISTANCE & GAP SUPPORT == OPEN CLOSE CANDLE - SUPPORT BECAME RESISTANCE & RESISTANCE BECAME SUPPORT INDIC
Yazarın diğer ürünleri
1. Specifically used on EURUSD 15Min timeframe 2. Default parameter is ready for direct trading 3. A fix Stop Loss/Take Profit of 764 points (76.4pips) for a new position 4. A maximum of 1 additional position is added upon specific condition.   5. Proprietary algorithm is used.  No martingale.   Not a cheating EA using.  However, use on other currency pairs is NOT recommended. 6. The only parameter you need to enter is the lot size for new position. 
Filtrele:
Aravind Kolanupaka
8895
Aravind Kolanupaka 2021.02.15 16:21 
 

Useful indicator to confirm trend direction

İncelemeye yanıt
Sürüm 2.0 2021.04.10
Add the option of Technical Objective
Sürüm 1.3 2021.02.19
Following option added: Include volume in trend analysis
If user's broker has problem in providing accurate volume data, set this option for not using it
Sürüm 1.2 2021.02.15
Add the option of hiding the trend change Arrows (default)
Sürüm 1.1 2021.02.13
1. Adding an arrow when an new uptrend or downtrend is once detected