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Simple, proven and profitable S/R system

  • #241
  • Apr 26, 2016 3:47am Apr 26, 2016 3:47am
Isn't easier to draw S/R manually ?

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  • #242
  • Apr 26, 2016 4:22am Apr 26, 2016 4:22am
It’s not a commercial indicator, someone has just added that to the original mq4 file to bait you into going on their website. The heading in the original mq4 states that it is a free indicator and should not be re-distributed under another name or sold
So many in the Commercial section want to make me rich! :o
  • #243
  • Apr 26, 2016 4:25am Apr 26, 2016 4:25am
This looks like a great indicator but I can't understand a few things. Eg.... on the image in the previous post #243. On the bottom line it says 'untested support' and draws only a short line. While, if we look to the left this support has been tested a few times already.. like Kubiasty has drawn the line in and even further to the left.
  • #244
  • Apr 26, 2016 4:53am Apr 26, 2016 4:53am
This message keeps on coming up am I the only one experiencing this problem?
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  • #245
  • Apr 26, 2016 4:58am Apr 26, 2016 4:58am
Quoting BugattiBoy
This message keeps on coming up am I the only one experiencing this problem?{image}
The same message appeared in my MT4 as well. I downloaded the new version and I am going to update the new version in the first post.
  • #246
  • Apr 26, 2016 5:02am Apr 26, 2016 5:02am
Quoting rafalz
Hi Why I do not have these lines?{image}
Hello, it seems that the indicator chose little bit different swings from which it started to draw the S/R zones. But connecting the swings as per your image makes sense. Nice trade by the way.
  • #247
  • Apr 26, 2016 5:03am Apr 26, 2016 5:03am
Quoting fjsmzy
Short UC M5 {image}
Congrats, pretty accurate bounce on USD/CAD
  • #248
  • Apr 26, 2016 5:06am Apr 26, 2016 5:06am
Quoting earlroy63
Anyone trading this system on Higher time frames eg H4, Daily, Weekly?
I personally trade lower intraday time frames. However, I know some traders who watch higher time frames only and still making very nice profit. Simply if you use Price Action and S/R, then you will be able to trade all time frames as soon as you will gain enough experience. These techniques are simply not over-optimized or tailored for any specific TF / market.
  • #249
  • Apr 26, 2016 5:08am Apr 26, 2016 5:08am
Quoting kannyjie
I see this message today. Is it a commercial Indicator? {image}
The same message appeared on my MT4 - I was able to download the latest version for free and updated the first post with the indicator.
  • #250
  • Apr 26, 2016 5:09am Apr 26, 2016 5:09am
Quoting fjsmzy
{quote} ok, everyone ,today i post the new version7.4 of SS_SupportResistance indicator, the version allow you setup different time frame and it only warn you when the price touches your setup support or resistance POSSIBLE ,TURNCOAT ,UNTESTED ,VERIFIED , WEAK p/s: I will code an EA follow this indicator to trade on live account and i will share it to everyone, please let me know if anyone has a good idea. {image} {image} {file}
Thanks for your indicator! I will dig deeper into it.
  • #251
  • Apr 26, 2016 5:13am Apr 26, 2016 5:13am
Quoting nozzer
​I agree with Kannyjie,i don't like the idea of basing a trading system on a commercial indicator,theres no backup :[
Yep, I agree on this, the message would keep appearing. It's the first time I saw that the indicator wants to update, so it will probably not be too often.
  • #252
  • Apr 26, 2016 5:17am Apr 26, 2016 5:17am
We have very accurate and nice resistances both on EUR/USD and GBP/USD. Did someone trade it?

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  • #253
  • Apr 26, 2016 5:22am Apr 26, 2016 5:22am
Quoting HCooper
{quote} Thanks for your indicator! I will dig deeper into it.
Hi, HC
Your ar_zones and SS_SupportResistance is same indicator, why you don't use SS_SupportResistance indicator ?
You can setup "zone_solid" to true, It will be automatically filled zone of color.
It is here, example :
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  • #254
  • Apr 26, 2016 5:34am Apr 26, 2016 5:34am
Quoting henk100
This looks like a great indicator but I can't understand a few things. Eg.... on the image in the previous post #243. On the bottom line it says 'untested support' and draws only a short line. While, if we look to the left this support has been tested a few times already.. like Kubiasty has drawn the line in and even further to the left.
I may try to modify the indicaor to be more sensitive so that it captures the "Tested" zones better
So many in the Commercial section want to make me rich! :o
  • #255
  • Apr 26, 2016 5:34am Apr 26, 2016 5:34am
Quoting HCooper
{quote} The same message appeared in my MT4 as well. I downloaded the new version and I am going to update the new version in the first post.

hi friends

this is true, it is appearing in my mt4 too, the same box.

i installed the free copy here attached by one trader by the name of ss_support&resisitant indi and to use the same parameters of HC.
it is working better and it can be accessed to mql4 code .. i removed the HC copy.

Attached Image
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #256
  • Apr 26, 2016 5:38am Apr 26, 2016 5:38am
Quoting fjsmzy
{quote} Hi, HC Your ar_zones and SS_SupportResistance is same indicator, why you don't use SS_SupportResistance indicator ? You can setup "zone_solid" to true, It will be automatically filled zone of color. It is here, example : {image}
Right now I am giving it a try and will update the indicator here if I will not have any issues with it.
  • #257
  • Apr 26, 2016 5:40am Apr 26, 2016 5:40am
Quoting FX-Flux
{quote} I may try to modify the indicaor to be more sensitive so that it captures the "Tested" zones better
Maybe you could try to change the indicator so it will take as a test a touch of market as well. Now it takes the zone as tested only if the market close inside the S/R zone.
  • #258
  • Apr 26, 2016 5:41am Apr 26, 2016 5:41am
Quoting Samer1970
{quote} hi friends this is true, it is appearing in my mt4 too, the same box. i installed the free copy here attached by one trader by the name of ss_support&resisitant indi and to use the same parameters of HC. it is working better and it can be accessed to mql4 code .. i removed the HC copy. {image}
Hello, I downloaded and updated the original indicator, but I am also giving the SS indicator a try.
  • #259
  • Apr 26, 2016 5:42am Apr 26, 2016 5:42am
Quoting sebas1987
Excellent Fjsmzy , thanks, testing with GBPNZD M5 BUY. http://prntscr.com/awgwuj Lets see how it finish

hi. please save it here in mql4 and not in exe.... i could not open it nor install it
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #260
  • Apr 26, 2016 5:42am Apr 26, 2016 5:42am
Quoting HCooper
{quote} Maybe you could try to change the indicator so it will take as a test a touch of market as well. Now it takes the zone as tested only if the market close inside the S/R zone.
Yes i was thinking of that, maybe the highs or the lows within a certain +/-% of the zone could count as a touch.
So many in the Commercial section want to make me rich! :o
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