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The Analytical Trader Supports and Resistances indicator automatically builds support and resistance levels. There are two options available: building only long-term support and resistance levels and building both long-term and short-term levels.

There is no longer a need to scroll the chart, draw support and resistance levels and delete old ones: this indicator does all this automatically.

  • shift – shift of the first bar for calculation. Set 1 to calculate the support and resistance levels from the last bar, or a value greater than one to start the calculation from the past bars.
  • IncludeShortTerm – true – building short-term and medium-term levels, false – building only long-term levels.
  • Resistance_color, Support_color – colors of support and resistance.

The Analytical Trader team consists of a VSA trader who has been successfully trading on the forex, stock and commodity markets since 2008. He received an education in physical sciences, and is now receiving a diploma in financial mathematics; he has extensive programming experience in C , Matlab and MQL4.

The team also has a computer engineer with programming experience in various languages, including MQL4.

Key Features of Algorithmic Trading Software

25 August 2014

1.7

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Reviews

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Jack Hudson November 16, 2021 6:54 am
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The best you will find. A true Gem

Md Islam November 16, 2021 6:54 am
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Very good

Gennadiy Voltornist November 16, 2021 6:54 am
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The user did not leave a comment on the assessment

Mohammad Rajaur Rahman November 16, 2021 6:53 am
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very good.

Valentin Butorin November 16, 2021 6:53 am
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Very good

RazorM November 16, 2021 6:53 am
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The user did not leave a comment on the assessment

sammie2019 November 16, 2021 6:53 am
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very helpful

osasma alhajar November 16, 2021 6:53 am
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مذهل

Thomas Fairhurst November 16, 2021 6:53 am
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Good Indicator.

Maksym Mudrakov November 16, 2021 6:53 am
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The user did not leave a comment on the assessment

Tim Eubanks November 16, 2021 6:53 am
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good support and resistances indicator.

Erdinç Yıldız November 16, 2021 6:53 am
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The user did not leave a comment on the assessment

BMaia91 November 16, 2021 6:53 am
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The user did not leave a comment on the assessment

Nesho Marinov November 16, 2021 6:52 am
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Great product, a must have, work perfectly on M5. I’m using it for DAX trade as TP or as treshhold.

Issara Seeboonrueang November 16, 2021 6:52 am
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Good SR indicator

rakyan November 16, 2021 6:52 am
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The user did not leave a comment on the assessment

MQL5.-186171 November 16, 2021 6:52 am
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Finally, a normal indicator that builds adequate levels (as it would have built itself)!

paul_van_reyn November 16, 2021 6:52 am
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A very useful indicator. You just need to understand that the price deceleration occurs a little earlier than the approach to the line

Sergio.Fiuza November 16, 2021 6:52 am
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The user did not leave a comment on the assessment

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