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Awesome Support and Resistance Indicator

  • #21
  • Dec 14, 2019 4:51pm Dec 14, 2019 4:51pm
What does the C represent ?
  • #22
  • Dec 15, 2019 4:50am Dec 15, 2019 4:50am
i guess you can make 1000pips a day ,but if the r/r is negative won't mean anything ...anyone can make 1 pip or 2 with a 10-20 pip stop loss (I am refering to that breakout indicator that costs 98$ ) - this is why it has such a high return rate ,but that doesnt mean anything
The s/r lines keep on shifting with price ..i guess you are better off drawing them yourself as areas and wait for price to get there and look for some kind of confirmation
  • #23
  • Dec 15, 2019 12:40pm Dec 15, 2019 12:40pm
Quoting mge0rge
i guess you can make 1000pips a day ,but if the r/r is negative won't mean anything ...anyone can make 1 pip or 2 with a 10-20 pip stop loss (I am refering to that breakout indicator that costs 98$ ) - this is why it has such a high return rate ,but that doesnt mean anything The s/r lines keep on shifting with price ..i guess you are better off drawing them yourself as areas and wait for price to get there and look for some kind of confirmation
where indi?
Thx
Find it The Best Entry Points
  • #24
  • Feb 14, 2020 12:20pm Feb 14, 2020 12:20pm
Quoting TexasPipster
I've been looking for a good Support Resistance / Supply Demand indicator for a very lonnngggggg time. Found one in another forum today, so I just had to share it here on FF. Nice thing about this one is it displays multiple time frame SD on your chart. No going back and forth! And you can change settings to just show the SD TF's you want It's the horizontal red and blue lines. I'm using this with my breakout indicator and Strength meter. Did over 200 pips today. So I'm happy Enjoy! {file} {file} {image}
What does the Sub (c) Res (c) mean?
  • #25
  • Jun 25, 2020 2:05pm Jun 25, 2020 2:05pm
Quoting joseska
Hi. I modify The Indicator and put a button to show/hide the Support and resistant.... for me itīs useful.... {file}
Hi, this is a ssuperb little indicator - can you do an MT5 version please?
  • #26
  • Oct 15, 2020 1:35am Oct 15, 2020 1:35am
Quoting shakil1971
{quote} What does the Sub (c) Res (c) mean?
I have the same question. Can someone explain the difference between Sup and Sup C? Thank you.
  • #27
  • Jan 14, 2021 6:36am Jan 14, 2021 6:36am
Hello,

Was tryin to use this indicator with an EA.

Does anyone know for example what you need to enter in ICustom to call the 15 min support level

double SLevel = iCustome(NULL,0,"Support and Resistance # TLB OC v02",...........................

Thanks
Ross
  • #28
  • Mar 14, 2021 1:43pm Mar 14, 2021 1:43pm
Quoting TexasPipster
Found one in another forum today, so I just had to share it here on FF. Enjoy! {file} {file} {image}
Thanks for sharing, TexasPipster.
Timing Direction Strength
  • #29
  • Mar 14, 2021 1:47pm Mar 14, 2021 1:47pm
Took me a while, but I finally managed to solve the elusive "C" mystery. So, in the spirit of sharing:

https://www.mql5.com/en/code/8547

Enjoy!
Timing Direction Strength
  • #30
  • Mar 28, 2021 8:45am Mar 28, 2021 8:45am
Quoting finessence
Took me a while, but I finally managed to solve the elusive "C" mystery. So, in the spirit of sharing: https://www.mql5.com/en/code/8547 Enjoy!
i thought c means current support or resitance
  • #31
  • Mar 28, 2021 9:02am Mar 28, 2021 9:02am
Quoting joseska
Hi. I modify The Indicator and put a button to show/hide the Support and resistant.... for me itīs useful.... {file}
this icustom indcator is not working,plz check .
  • #32
  • May 27, 2021 9:03am May 27, 2021 9:03am
Quoting T4Trade
{quote} i thought c means current support or resitance
i apologize about my ignorance ,i jsut read today that it means as follows by ulterior himself:
"if the price is closed, breaking through a solid level - it disappears, and the candidate becomes a level."
Candidates seem to be future lines of support and resistance
  • #33
  • May 27, 2021 10:09am May 27, 2021 10:09am
Quoting finessence
Took me a while, but I finally managed to solve the elusive "C" mystery. So, in the spirit of sharing: https://www.mql5.com/en/code/8547 Enjoy!
I used this indicator in the past and it seam to be repainting.
  • #34
  • Sep 13, 2021 8:55pm Sep 13, 2021 8:55pm
Can anyone share the usage of this indicator?
  • #35
  • Sep 14, 2021 3:19am Sep 14, 2021 3:19am
Quoting TexasPipster
I've been looking for a good Support Resistance / Supply Demand indicator for a very lonnngggggg time. Found one in another forum today, so I just had to share it here on FF. Nice thing about this one is it displays multiple time frame SD on your chart. No going back and forth! And you can change settings to just show the SD TF's you want It's the horizontal red and blue lines. I'm using this with my breakout indicator and Strength meter. Did over 200 pips today. So I'm happy Enjoy! {file} {file} {image}
can u plz share ur whole template ??? and inidcators ????
  • #36
  • Jun 6, 2022 6:16am Jun 6, 2022 6:16am
Quoting TexasPipster
I've been looking for a good Support Resistance / Supply Demand indicator for a very lonnngggggg time. Found one in another forum today, so I just had to share it here on FF. Nice thing about this one is it displays multiple time frame SD on your chart. No going back and forth! And you can change settings to just show the SD TF's you want It's the horizontal red and blue lines. I'm using this with my breakout indicator and Strength meter. Did over 200 pips today. So I'm happy Enjoy! {file} {file} {image}

hello,

Which indicator you used in sub_window?
  • #37
  • Jun 6, 2022 6:22am Jun 6, 2022 6:22am
Quoting venkateshr56
{quote} hello, Which indicator you used in sub_window?
Click on his name and you will see this

Attached Image (click to enlarge)
Click to Enlarge Name: 2022-06-06_21-21-43.jpg Size: 39 KB

Good Luck
It takes a lot for me to IGNORE you, but you can try.
  • #38
  • Jan 24, 2023 9:51am Jan 24, 2023 9:51am
Quoting joseska
Hi. I modify The Indicator and put a button to show/hide the Support and resistant.... for me itīs useful.... {file}
I tried your Indicator and had bat luck, it sadly interfered with the lately DR IDR Indicator for MT4 from the MQL5 website...
turning it on sadly erases the button from the other indicator, so it is useless to me. I was so happy to find one with a Button but...
have to use the regular one which is really great also.
  • #39
  • Last Post: Feb 26, 2023 7:45pm Feb 26, 2023 7:45pm
Quoting TexasPipster
I've been looking for a good Support Resistance / Supply Demand indicator for a very lonnngggggg time. Found one in another forum today, so I just had to share it here on FF. Nice thing about this one is it displays multiple time frame SD on your chart. No going back and forth! And you can change settings to just show the SD TF's you want It's the horizontal red and blue lines. I'm using this with my breakout indicator and Strength meter. Did over 200 pips today. So I'm happy Enjoy! {file} {file} {image}
Thank you for your share, Could you please higjligh your buy and sell stragey detail? Thanks.
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