Hey, you can try this PVSRA MT5 indicator, which I tried to collect and edit because my broker doesn't support MT4.

PVSRA (Price, Volume, S&R Analysis)

hi, so your answer is: 1. Yes 2.No And i think you guys should go search about PVSRA method (They continue this system with the ideal of sonic R, btw they have a website that you need to find) Good luck!

Sonic R. System