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A2SR MT5 Automated Actual Support and Resistance

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A. what’s A2SR?

  • A2SR is a major indicatorthat has a special technique for discovering support amounts (need) and immunity (offers).
  • The major indicator shows each of the true support/immunity amounts before the price reaches these levels.
  • Unlike the typical methods available on the net, A2SR uses the initial idea of determining support/immunity levels.
  • This original method was not taken from the internet, and it was not printed on line.
  • A2SR will automatically pick support and resistance levels according to your trading style.
  • Even if you change the timeframe, the support/resistance levels will stay set up.
  • This is due to the fact that the current timeframe is not used to get the actual support/resistance levels .

A2SR has a complete set of trading tools.

B. Why do we prefer to use A2SR?

C. Quick guide to using A2SR.

  • Support / resistance is a linear level that shows the price.
  • The levels above the current price mark the resistance.
  • Levels below the current price indicate support.
  • The user’s guide provides more detailed information about:
    • C.1. Short-term or scalper trading: not news.
    • C.2. Short-term trading: according to the news.
    • C.3. Swing trading, only on strong support/resistance levels.
    • C.4. Trade on the breakout up.
    • C.5. Trading on a downside breakout.
    • C.6. Trade at overbought/oversold levels on H4, Daily, Weekly and Monthly.
    • C.7. Trade on a combination of the conditions described above.

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  • C.1. Short-term or scalper trading: not news.
  • C.2. Short-term trading: according to the news.
  • C.3. Swing trading, only on strong support/resistance levels.
  • C.4. Trade on the breakout up.
  • C.5. Trading on a downside breakout.
  • C.6. Trade at overbought/oversold levels on H4, Daily, Weekly and Monthly.
  • C.7. Trade on a combination of the conditions described above.

D. Input parameters

  • Suffix Currency Pair – if the currency pair has a suffix, for example, eurusdm, enter the value “m”. Leave the field empty if the currency pair name does not have a suffix. By default, it is empty.
  • SR Style – the style of support/resistance levels: 1 for swing trading, 2 or another value for short-term trading. The default is 2.
  • Display Actual SR-display the actual support/resistance levels according to the short-term or swing trading style. The default value is true.
  • Color level 1 – color of level 1, by default – clrdarkslategray.
  • Color level 2 – color of level 2, by default – clrdarkviolet.
  • Color level 3 – color of level 3, by default – clrbrown.
  • Display Trend-show the current day’s trend and recommendations for placing positions. The default value is true.
  • Display Jump/Fall (H4, Daily, Weekly) – display growth/fall, by default-true.
  • Color H4 Jump/Fall – the color of growth/fall on H4, by default-clrfirebrick.
  • Color Daily Jump/Fall – the color of growth/fall on Daily, by default-clrforestgreen.
  • Color Weekly Moves – color of weekly movements, by default – clrblue.
  • Display OB / OS-display overbought/oversold levels, by default – true.
  • Display trendline SR and Break-display trend lines of support/resistance and breakout levels, by default – true.
  • Color Trendline – color of the trend line, by default – clrdarkslategray.
  • Display Early Sign Breakout/down-show early breakout signals up/down, by default-true.
  • Display text early sign break-show the text of early signals, by default – false.
  • Color D. S/R – color of daily support/resistance levels, by default – clrteal.
  • Color W. S/R – color of weekly support/resistance levels, by default – clrchocolate.
  • Display USD/EUR Index – display the index of USD/EUR, the default value is true.
  • Margin left for IDX position – the distance from the left border to display the index, by default-600 pixels.
  • Margin bottom for IDX position – the distance from the upper border to display the index, by default-75 pixels.

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