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forex indicator Support and Resistance

Indicator Support and Resistance

Support and Resistance MetaTrader Indicator - as the name suggests this indicator (translated as support and resistance), it shows support and resistance levels. He shows them directly on the chart, providing fast relief when you want to install a stop-loss and take profit, or if you want to see the next target market. This light uses a standard indicator MetaTrader Fractals (fractals, based on the method of Bill Williams) and has variable input parameters. You can download this indicator, as in the version for MetaTrader 4 and 5 for MetaTrader.

support and resistance

figure speaks for itself. Use levels are marked with blue dots for the support and the levels marked with red dots for the resistance. And do not forget that the support may be the next resistance at its penetration, and - on the contrary.

SupportandResistance.mq4
SupportandResistance.mq5

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