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MT4 Plugin – MT4 Support & Resistance

UserPost

4:03 pm
March 8, 2012


FXChris

South Florida, USA

Admin

posts 80

This plugin was uploaded to our old SmartPip forum by member Fintrade.  I have never used or tested this plugin but it was downloaded by others with good feedback. Below are the contents of Fintrade's post which I am copy/pasting here.

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MT4 Support & Resistance

I use this indicator to identify entries and profit targets by applying to multiple time frames M1 M15 H1 H4 D1 W1 MN. It works well in a trending market and helps you to stand aside when consolidating. Identification of support / resistance breaks and retests become much easier to see.

MT4 Support & Resistance plug in

MT4 Support & Resistance.zip

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Thank you for sharing this Finn! Cool

FXChris

6:25 pm
August 14, 2014


Muhammad Perkins

Member

posts 39

I am personally a huge fan of Support and Resistance indicator infact this along with Moving average and Bollinger Band are by far the best 3 indicators there is in Forex but the only issue i have with S/R is that it repaints too much which makes its really hard to believe it at times but still a very handy tool to have in your kit.


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