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Support and Resistance is a fractal-based horizontal support and resistance indicator with alerts.

Home Page: https://www.earnforex.com/metatrader-indicators/Support-and-Resistance/

License: GNU General Public License v3.0

MQL4 45.28% MQL5 54.72%
support-and-resistance chart indicator forex forex-market forex-trading fractals mt4 mt5 metatrader

support-and-resistance's Introduction

Support and Resistance

Support and Resistance is a custom MT4/MT5 indicator coded by EarnForex.com. The indicator is based on an earlier version by Barry Stander. It shows horizontal support and resistance levels based on the standard Fractals indicator.

Support and Resistance will issue alerts when price closes either above a resistance line or below a support line.

Support and Resistance is good at finding local support and resistance levels on any timeframe

More information about this custom MetaTrader indicator is available here: https://www.earnforex.com/metatrader-indicators/Support-and-Resistance/

Any contributions to the code are welcome!

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