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Need Best Support and Resistance Indicator

  • #261
  • Dec 31, 2017 4:12am Dec 31, 2017 4:12am
Quoting ebeckers
Here's a S&R indicator i'm currently working on. - it can show S&R levels from multiple timeframes - older S&R levels get wider lines - S&R levels with more touches get darker lines {image} {file}
Really interesting indicator, is it possible to get the mq4? I want to convert it to ctrader if possible, maybe it is also nice to add supply and demand. But that's for another thread. Thank you for the great things you guys do...
  • #262
  • Dec 31, 2017 10:38am Dec 31, 2017 10:38am
Quoting AndrewBa-
I think what ebeckers has coded is really interesting, because it shows MTF. However, I also found this one; a little older: {image} {file}
Thanks

It is still a bit work in progress. Here's my latest version where you can change all colors yourself
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-12-31 at 17.37.03.png Size: 142 KB
Click to Enlarge Name: Screen Shot 2017-12-31 at 17.37.21.png Size: 70 KB
Attached File(s)
File Type: ex4 SupportResistance.ex4   32 KB | 2,691 downloads
  • #263
  • Dec 31, 2017 10:46am Dec 31, 2017 10:46am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 430 KB
Success is a Journey Not a Destination....... kind regards ramzam
  • #264
  • Jan 2, 2018 4:51am Jan 2, 2018 4:51am
For those using it, here's the

latest version of my S&R indicator:


What's new:

  1. - you can specify your own colors
  2. - indicator now supports following key shortcuts:


press following keys to:

  1. 'h' to turn on/off H4 S&R lines
  2. 'd' to turn on/off daily S&R lines
  3. 'w' to turn on/off weekly S&R lines
  4. '1'-'5' to switch between minimum-maximum detail
  5. 'r' for reset back to default values

Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-01-02 at 11.27.56.png Size: 185 KB
Click to Enlarge Name: Screen Shot 2018-01-02 at 11.28.20.png Size: 62 KB
Attached File(s)
File Type: ex4 SupportResistance.ex4   46 KB | 3,020 downloads
  • #265
  • Jan 2, 2018 6:31am Jan 2, 2018 6:31am
Quoting ebeckers
For those using it, here's the latest version of my S&R indicator: What's new: - you can specify your own colors - indicator now supports following key shortcuts: press following keys to: 'h' to turn on/off H4 S&R lines 'd' to turn on/off daily S&R lines 'w' to turn on/off weekly S&R lines '1'-'5' to switch between minimum-maximum detail 'r' for reset back to default values {image} {image} {file}
Stored your SupportResistance.ex4 file in indicators folder did a bunch of refreshes in navigator window (also startet mt4 new) but your indicator isn't there!?
Any chance to get the mq4 file so I can check if it compiles without any errors?
Attached Image
  • #266
  • Jan 3, 2018 12:28am Jan 3, 2018 12:28am
Quoting ebeckers
For those using it, here's the latest version of my S&R indicator: What's new: - you can specify your own colors - indicator now supports following key shortcuts: press following keys to: 'h' to turn on/off H4 S&R lines 'd' to turn on/off daily S&R lines 'w' to turn on/off weekly S&R lines '1'-'5' to switch between minimum-maximum detail 'r' for reset back to default values {image} {image} {file}
Is there an ex5 (mt5) version of your indicator?

Thanks in advance.
  • #267
  • Jan 5, 2018 1:45pm Jan 5, 2018 1:45pm
Quoting grandaevus
{quote} Is there an ex5 (mt5) version of your indicator? Thanks in advance.
no sorry
  • #268
  • Jan 9, 2018 1:29pm Jan 9, 2018 1:29pm
For those interested..
The source of my indicator can be found on GitHub https://github.com/erwin-beckers/SupportResistance
  • #269
  • Jan 9, 2018 3:09pm Jan 9, 2018 3:09pm
I see you added H1 to the supportresistance indicator, thank you. I downloaded the zip file from GitHub and downloaded the indicator to the indicators file, refreshed navigator, went to my charts and the support lines are no longer on the chart but the "H4 2 years old" etc text description is on the chart. When I look in my chart indicators list I see supportresistance is no longer in the list, so when I went to navigator and attempted to drag and drop the sr indicator onto the chart but nothing happens. I then deleted the indicator from the indicators file and reinstalled it and still the same issue. I closed mt4, opened it and still the same. So I deleted this new version, re installed the old supportresistance indicactor, open my charts and everything is back to normal but no H1. Any suggestions as to what I might have done wrong?
Enter Signature
  • #270
  • Jan 9, 2018 3:21pm Jan 9, 2018 3:21pm
Quoting ebeckers
For those interested.. The source of my indicator can be found on GitHub https://github.com/erwin-beckers/SupportResistance
Thanks for sharing your source, and double thanks for actually committing this to a repo!

...just a quick tip since I've been working on something very similar... The zigzag algo runs so much faster when you run it as an indicator on a separate thread and call it with iCustom as opposed to calculating it in series within the indicator/expert.
  • #271
  • Jan 9, 2018 3:22pm Jan 9, 2018 3:22pm
Quoting jamesr24
I see you added H1 to the supportresistance indicator, thank you. I downloaded the zip file from GitHub and downloaded the indicator to the indicators file, refreshed navigator, went to my charts and the support lines are no longer on the chart but the "H4 2 years old" etc text description is on the chart. When I look in my chart indicators list I see supportresistance is no longer in the list, so when I went to navigator and attempted to drag and drop the sr indicator onto the chart but nothing happens. I then deleted the indicator from the indicators...
No idea ;-) guess something went wrong with compilation ??
Can you try this one. its the same version as on GitHub, but compiled in a ex4
Attached File(s)
File Type: ex4 SupportResistance.ex4   39 KB | 2,220 downloads
  • #272
  • Jan 9, 2018 5:47pm Jan 9, 2018 5:47pm
That worked, much appreciated!
Enter Signature
  • #273
  • Jan 21, 2018 5:12pm Jan 21, 2018 5:12pm
This is a good thread. I wondered if members maybe interested in trying / coding S & R in a different way and see if this makes a difference? See link: http://mechanicalforex.com/2015/05/a...ce-levels.html. I have often found price either bounces off S & R levels or breaks through however there is very little hard facts / statistics about this unlike for pivot points. Daniel is the first personl I have come across who has written statistically about S&R and so potentially offers a different view and way of coding S&R. Thought it maybe of interest, or not.
  • #274
  • Mar 10, 2018 10:39am Mar 10, 2018 10:39am
Hey members...I'm new here and an aspiring trader. I came across an HPFZ indicator coded by Mr. Abokwaik. I'd like to know how to interpret the different levels on the chart. Could someone share a pdf or video with instructions? I'll appreciate
Attached Image (click to enlarge)
Click to Enlarge Name: HPFZ PICTURE.PNG Size: 42 KB
  • #275
  • Mar 11, 2018 11:12am Mar 11, 2018 11:12am
Quoting Dethorn
Hey members...I'm new here and an aspiring trader. I came across an HPFZ indicator coded by Mr. Abokwaik. I'd like to know how to interpret the different levels on the chart. Could someone share a pdf or video with instructions? I'll appreciate {image}
Hi Dethorn,

This is a detailed PDF on HPFZ concept and usage.
Usage starts at page 14.


Best regards,
Khalil
No guts, no glory
  • #276
  • Mar 11, 2018 1:36pm Mar 11, 2018 1:36pm
Thanks again
  • #277
  • Mar 30, 2018 7:34am Mar 30, 2018 7:34am
Hi, I have registered to this forum just to say THANK YOU to ebeckers, your S/R indicator is exactly what I was looking for (even much better!), thank you for sharing it you rock!
  • #278
  • Apr 2, 2018 10:35am Apr 2, 2018 10:35am
Quote
ebeckers

Muchus Gracius... by far the best S&R indicator that I have come across.

Credit were credit is due
  • #279
  • Edited 2:14pm Apr 2, 2018 12:17pm | Edited 2:14pm
@ebeckers:
think it would be the best if you could share your Indi+mqh-file here.
I have tried to compile the mq4-file but it has so many errors that its not working .
strange that the ex4-file is working perfectly.
Thanks for your help.
Reg.Zack
  • #280
  • Apr 8, 2018 11:59am Apr 8, 2018 11:59am
Quoting Nicholishen
{quote} I would beg to differ... I think you underestimate the power of your brain and how it can scan a chart and see this criteria. Nonetheless, if you want to find support and resistance based on nothing other than how a real trader would mark it down on his/her charts this is the best approach (I know of). {image} Script to test this method (Make sure all the time-frames within the script range have up to date data): https://bitbucket.org/nicholishen/ni...tentPivots.ex4
Hi Nicholishen. The link leeds to an empy file. Can you share this indicator again and maybe give some details of how it is working.
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