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S&R Indicator Modification

  • #1
  • First Post: Aug 30, 2008 1:13am Aug 30, 2008 1:13am
Hi All,

I found this S&R indicator and it appears to be a very good indicator at identifying the S&R levels. The problem I have is that I can't use color or input tabs to change the width, style or color of the S&R lines. I find that all of the solid lines tend to clutter up the chart. I've looked at the code and I don't see anything that would allow me to change those 3 parameters. Is it possible that some kind soul could modify either the input or color tabs so the user can define the width, style and color of the lines. The other thing this indicator does is erase any other horizontal line the the user manually places on the chart. Can that function be deleted or turned off.

Thanks in advance.
Attached File(s)
File Type: mq4 Support_Resistance.mq4   9 KB | 851 downloads
  • #2
  • Aug 31, 2008 12:06am Aug 31, 2008 12:06am
Odd how Ln:110, Col:31 uses 'Lowest' and Ln:127, Col:32 uses 'Highest'.
  • #3
  • Aug 31, 2008 3:01am Aug 31, 2008 3:01am
Quoting lucidlamp
Odd how Ln:110, Col:31 uses 'Lowest' and Ln:127, Col:32 uses 'Highest'.
I really don't know much about programming. I was however able to find the code to the indicator. Maybe some one can modify it to allow the user to define the style, type and color of the line.
Attached File(s)
File Type: mq4 Support Resistance M.mq4   9 KB | 684 downloads
  • #4
  • Aug 31, 2008 5:04am Aug 31, 2008 5:04am
Quoting ozziedave
I really don't know much about programming. I was however able to find the code to the indicator. Maybe some one can modify it to allow the user to define the style, type and color of the line.
Hi Dave,

Try this S/R indicator..It works great on 15min TF and higher..I have been using this S/R for two weeks, and I am making more pips with less loses...

rgitt05
Attached File(s)
File Type: mq4 Support and Resistance.mq4   2 KB | 821 downloads
[
  • #5
  • Aug 31, 2008 7:05am Aug 31, 2008 7:05am
Quoting rgitt05
Hi Dave,

Try this S/R indicator..It works great on 15min TF and higher..I have been using this S/R for two weeks, and I am making more pips with less loses...

rgitt05
Hi rgitt,

Thanks for the indicator but I already have that one. My intent with this indicator is to load the indicator to the platform for 3 different time frames, 60, 240 and 1440. Each time frame will have it's own S&R lines drawn on it. Now what I want do from there is to apply say the 240 S&R lines to the 60 minute chart to see if and where the S&R lines match up. That would indicate a strong area of support or resistance. This would make finding those areas so much easier. The Barry S&R indicator works ok but I think this one is visually better, well, at least to me it is.

Some one was kind enough to add the line style, type and color parameters into the attached indicator. Now the only 2 things left for the indicator to be completely user definable is to be able to apply the specific time frames S&R lines to any time frame and to have the indicator remove the S&R lines when you delete the indicator from that chart, just like any other indicator would be deleted when removed from the chart. What I mean about applying the specific time frames S&R lines to other time frames is, I load the indciator and define it as my 60 minute S&R lines. Now I go to the visualization tab on the indicator and I can choose to apply these lines to anyother time frame just as you would with almost any MT4 indicator you have in your indicator folder now.

I would like to eliminate the hours that most of us spend drawning and re-drawing the S&R lines on each time frame chart.

I have attached a picture and the new version of the indicator if anyone wants to have a go at making it completely user definable.
Attached Image (click to enlarge)
Click to Enlarge Name: s&r indicator 21.gif Size: 15 KB
Attached File(s)
File Type: mq4 Support_Resistance v1.mq4   8 KB | 802 downloads
  • #6
  • Aug 31, 2008 12:07pm Aug 31, 2008 12:07pm
Hi Dave,

That sounds like a great idea to have all the S/R on one TF...Let me know when the indicator is complete....Good Luck...

rgitt05



Quoting ozziedave
Hi rgitt,

Thanks for the indicator but I already have that one. My intent with this indicator is to load the indicator to the platform for 3 different time frames, 60, 240 and 1440. Each time frame will have it's own S&R lines drawn on it. Now what I want do from there is to apply say the 240 S&R lines to the 60 minute chart to see if and where the S&R lines match up. That would indicate a strong area of support or resistance. This would make finding those areas so much easier. The Barry S&R indicator works ok but I think this one is visually better, well, at least to me it is.

Some one was kind enough to add the line style, type and color parameters into the attached indicator. Now the only 2 things left for the indicator to be completely user definable is to be able to apply the specific time frames S&R lines to any time frame and to have the indicator remove the S&R lines when you delete the indicator from that chart, just like any other indicator would be deleted when removed from the chart. What I mean about applying the specific time frames S&R lines to other time frames is, I load the indciator and define it as my 60 minute S&R lines. Now I go to the visualization tab on the indicator and I can choose to apply these lines to anyother time frame just as you would with almost any MT4 indicator you have in your indicator folder now.

I would like to eliminate the hours that most of us spend drawning and re-drawing the S&R lines on each time frame chart.

I have attached a picture and the new version of the indicator if anyone wants to have a go at making it completely user definable.
[
  • #7
  • Sep 3, 2008 6:39pm Sep 3, 2008 6:39pm
Hi All,

I thought there would be some one out there that would have a go at making this indicator completely user definable. IMO in it's current state it's very time comsuming to use due to the fact you have to remove all of the S&R lines manually.

Oh well...I guess I gave it a go.
  • #8
  • Sep 13, 2008 7:21pm Sep 13, 2008 7:21pm
Here is a great indi,it indicates 15M, H1, H4 and daily levels of support and resistance...
15m > Yellow
H1> Green
H4> Blue
Daily> Red
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 15 KB
Attached File(s)
File Type: mq4 #KG Support and Resistance.mq4   5 KB | 1,383 downloads
File Type: ex4 #KG Support and Resistance.ex4   6 KB | 1,016 downloads
  • #9
  • Last Post: Nov 29, 2008 7:49pm Nov 29, 2008 7:49pm
Thanks for the indicator...




Quoting Saintroman
Here is a great indi,it indicates 15M, H1, H4 and daily levels of support and resistance...
15m > Yellow
H1> Green
H4> Blue
Daily> Red
[
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