Tag: support resistance indicators


ATR Support/Resistance Levels Indicator

ATR Support/Resistance Levels Indicator MT5

The ATR Support/Resistance Levels Indicator for MT5 uses, as the name suggests, the Average True Range to define three precise support and resistance levels on trading charts. The goal of this tool is identification of key areas at which there is high-probability of strong market reactions. Levels of higher importance explained The formula behind this […]

Support Resistance Breakout Arrows Indicator MT4

Support Resistance Breakout Arrows Indicator MT4

The Support Resistance Breakout Arrows Indicator MT4 displays buy and sell arrow signals when the price breakout the support and resistance lines on the chart. This indicator effectively merges Fractal, CCI, and RSI indicators to generate highly accurate trading signals. Forex traders utilizing breakout strategies will find that gauge very handy. The forex indicator is […]

Fibonacci Pivots Indicator MT4

Fibonacci Pivots Indicator for MT4

The Fibonacci Pivots Indicator for MT4 places the classic values ​​of Fibo extensions directly on the forex trading chart and it’s available to free download. Sounds interesting? Let’s take a closer look at it and bring some practical trading examples. Introducing the Fibonacci Pivots Indicator MT4 Indicator Overview The download link of the Fibonacci Pivots […]

ADR Indicator MT4

ADR Indicator for MT4

The ADR Indicator MT4 is a forex technical analysis gauge that measures the average daily range of the market for the current day. That way, it helps traders to forecast the take profit and stop-loss levels as well as the support and resistance levels. Sounds good? Let’s take a closer look at it and bring […]

Murrey Math Lines Indicator MT4

Murrey Math Lines Indicator for MT4

The Murrey Math Lines Indicator for MT4 is a technical analysis tool that identifies horizontal support and resistance levels of price on trading charts and it’s available to free download. It functions similarly to pivot point indicators and Fibonacci retracements. This indicator was created by T. Henning Murrey with the goal of providing day traders […]

TZ Breakout Indicator MT4

TZ Breakout Indicator for MT4

The TZ Breakout Indicator for MT4 defines forex support and resistance levels that the price can next break through and thus generate trading signals, plus it’s available for free download. In order to utilize that tool properly, one should be familiar with price action patterns. Experienced forex traders may use it right away, while beginners […]

Level Trading 123 Indicator

Level Trading 123 Indicator for MT4

Introduction to the Level Trading 123 Indicator The Level Trading 123 Indicator for MT4 is a versatile forex technical indicator providing bullish and bearish trading signals as well as market reversal points. Free download. The indicator is based on the Fractals and plots trendlines and key support/resistance levels automatically. At the first glance, it may […]

Shifted Daily Pivot Points Indicator MT4

Shifted Daily Pivot Points Indicator for MT4

Introduction to the Shifted Daily Pivot Points Indicator The Shifted Daily Pivot Points Indicator for MT4 automatically draws a support/resistance on the charts. An important feature of that forex indicator is, that it doesn’t remove past pivot points, but instead, it just shifts to new pivot points. Old pivot levels are kept as a reference. […]

VWAP Plus Indicator

VWAP Plus Indicator for MT4

Introduction to the VWAP Plus Indicator The VWAP Plus Indicator is just another variation of the Volume Weighted Average Price indicator. The Plus, in this case, means additional lines that act as dynamic Support Resistance levels. They can also work as Take Profit targets. Nonetheless, the basic principle stays the same. Long trades above the […]

Time Box Indicator

Time Box Indicator for MT4

Introduction to the Time Box Indicator The Time Box indicator is a custom forex indicator that displays important market levels. It provides daily, weekly, and monthly boxes, according to your choice. Yet, you can extend any important price levels in your chart automatically. You can use them as significant support and resistance levels. It is […]