🎉 Weekly Special! 🎉

Use Coupon at Checkout:

LOADING...

Support & Resistance indicator MT5

Support & Resistance indicator MT5, 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
...no hidden fees, no subscriptions
✔ FREE LIFE UPDATES
...every time a version is released

Functions

Charts

Settings

Videos

Download
A chart showing the Support and Resistance MT5 indicator. This MT5 indicator’s fundamental concept is to identify rebounds between support and resistance levels.

The **S/R indicator**’s fundamental concept is to identify rebounds between **support and resistance levels**. The indicator has two input parameters: Period and Bars. A support level is the lowest low in the last period bars if this value is equal to the lowest low of the last Period+Bars. A resistance level is the highest high in the last period bars if it is equal to the highest high of the last Period+Bars. If both support and resistance levels exist and a rebound occurs (price is between these levels), then the chart will display both support and resistance levels.

S/R indicator Settings

S/R indicator settings.

Download S/R indicator free

Download a free version
 ⚠ fully functional but limited to trading on demo accounts
24
4 Comments
Anonymous
The best S&R indicator I've used on MT5. It's clean, doesn't repaint, and the alerts are perfect for catching trades.

Florencia Apollodoros
Simple to set up and very effective. It's a great tool for both new and experienced traders who want to save time on chart analysis
Veritas
The support and resistance lines it plots are spot on. It's a must-have for anyone trading price action on MT5.
Anonymous
Fantastic tool! It's easy to use, reliable, and has been a great addition to my trading strategy

Please do not spam; comments and reviews are verified prior to publishing.