3 Lines Support / Resistance indicator MT4

3 Lines Support / Resistance indicator MT4, a MetaTrader MT5 and MT4 expert advisor for trading forex profitably, as well as stocks, indices, futures and can be downloaded for free from RobotFX

✔ NFA & FIFO COMPATIBLE

...made to work with most brokers

✔ ONE SINGLE PAYMENT

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✔ FREE LIFE UPDATES

...every time a version is released

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A chart displaying the Support and Resistance indicator for MT4.

This Support / Resistance indicator for MT4 brings, besides displaying the SR price level for any timeframe chosen by the trade, also the possible future SR lines.

3 Lines Support / Resistance main functions

Further more, all this is done dynamically and automatically, so when the price reaches and closes a certain support or resistance line, this line is erased as not being valid anymore, and the possible SR line becomes the current level.

Chart examples

A chart showing the 3 Lines Support / Resistance indicator.

The 3 Lines Support / Resistance indicator showing blue support lines and red resistance lines.

Blue solid lines are the support, red solid the resistance and the dotted lines are the possible support and resistance lines. The parameter of the LB indicator is controlled by the number of levels taken into account for penetration. When a certain number of points passes, the level lines on the indicated TF are pulled up.

3 Lines Support / Resistance Settings

3 Lines Support / Resistance indicator settings.

Within the indicator settings, the trader has the option to enable which timeframes the SR lines and the future SR lines are to be displayed.

Download 3 Lines Support / Resistance indicator free

Download a free version

⚠ fully functional but limited to trading on demo accounts

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5 Comments

Muireann

Love how it shows current and possible SR levels without me having to dig through multiple timeframes.

Tashlultum

Noticed it works well with my other tools too, doesn’t clutter the chart or slow things down

Anonymous

The dotted future SR lines are actually pretty damn useful for planning trades ahead of time.

Emilia Sumit

I pair this with my volume and trend tools and it gives me a solid edge, especially on H1 and H4.

Loredana

It’s helped me stay out of chop and focus on clean setups — less stress, more wins.

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