Support and Resistance zones, multi timeframe panel and alert

Support and Resistance zones indicator is a multi-timeframe panel and alert that finds support and resistance zones and pivot points for all timeframes of MetaTrader 5 and gives alert when price has interaction with them.

• If you are using support and resistance (or supply and demand) zones in your trading strategy, this indicator and its alert and filtering system is a big time saver for you.
• Also doesn't matter what is your trading strategy, you can use this indicator to not caught in support and resistance zones. Indicator shows if price is in S/R zones without the need to manually check all timeframes.

You don't need any more checking different timeframes to find Support and resistance zones, just run the indicator on your chosen symbols and check chart when an alert happens (you can filter timeframes to get alert only on your chosen timeframes).

Indicator finds support and resistance zones based on shevd supply and demand indicator that you can download for free from https://www.mql5.com/en/code/29395

Many unique features in one indicator:

• Integrating support and resistance zones and pivot points in one indicator with powerful filtering rules and alert system.
• Alerts when price returns from S/R zones and pivot levels for swing trading and range trading strategies.
• Alerts when price breaks S/R zones and pivot levels for breakout trading.
• Finds high probability trend reversals with a full set of alert filters.
• You can avoid getting caught in SR zones by checking them before opening a position.
• This indicator gives you the best levels for stoploss and take profit.
• You will receive alerts for all timeframes without the need to switching between them.
• You can view S/R zones of multiple higher timeframes on the chart.

Informative panel:

Panel shows if price has interaction with support and resistance zones from M1 to W1 timeframes. Also with panel you can find nested zones at a glance.

• Button text shows type of support and resistance zones (with "Sup" and "Res" abbreviations on buttons)
• Button text shows in which timeframes price enters, leaves or breaks a zone (with "In,Out,Br" abbreviations on buttons)
• Button color shows strength of support and resistance zone (you can change the color of zones)
• Ability to change frequently used settings directly through the panel
• Panel and zones will update on every 1-minute candle open and when chart time frame changes

Indicator shows the Strength of Support and Resistance Zones:

This indicator uses fractals and ATR indicator to find and draw support and resistance zones on price chart. Zones have different strength that are:

• weak: important high and low points in trend
• untested: major turning points in price chart that price still didn't touch them again
• verified: strong zones, price touched them before but couldn't break them
• proven: verified zone that at least four time price couldn't break it
• broken: zones that price breaks them (not applied for weak zones)

Pivot Points Features:

• Support and resistance zones indicator shows the daily, weekly and monthly pivot point levels on the chart.
• You can receive alert when price breaks a pivot point level or returns to it.
• You can choose between 5 different calculation type of pivot points (standard, fibonacci, camarilla, woodie and demark).

Different Alert Types:

Alert triggers in three different situations:

• when candle moves into a zone and closes inside it
• when price leaves (returns from) a zone and closes outside and also price is higher or lower than previous candle
• when price breaks a zone and closes outside of zone

Find Nested Zones at a glance:

In panel you can see if price enters or leaves support and resistance zones in more than one timeframe at the same time. Also alert shows nested zones in other timeframes in the indicator parameters you can set the number of nested zones that must be found before alert triggers.

Powerful candle filters:

You want to get alerts only when there is a big price move in the market? No problem, the indicator has 5 filters to ignoring low quality alerts and finding best levels for order setups.

• minimum candle height
• minimum candle body to height ratio
• minimum candle height to zone height ratio
• comparison between candle height and the height of previous candles
• comparison between candle body and average body length of previous candles

Use the power of Support and Resistance zones in your EAs:

This indicator has a fast and lightweight version that you can use itin the code of expert advisors and indicators for accessing the values of nearest S/R zones to price in all timeframes.

• If you want to trade based on support resistance zones or you want to avoid S/R zones in your trading strategy you can use the bridge in your expert advisor code (with iCustom function).
• Bridge is included in the 1-year and lifetime licenses (not 1-month) of the indicator and it doesn't have time limit, when your 1-year license of main indicator expired, you still can use the bridge in your EAs.
• You will receive a sample EA to see how to use the bridge in expert advisor code.

Please check out indicator help page for more info about the bridge.

Fully customizable indicator:

Support and resistance zones indicator has a full set of parameters that you can use to customize the indicator based on your trading strategy.

If you have any question, please ask in comments section. I'll do my best to answer your questions.

Metatrader 5 images:

Metatrader 4 images:

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