Simple Support and Resistance – indicator MetaTrader 4
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This is super simple starter code for anyone looking to work or build with support and resistance. It includes a mid-line which is calculated using the average of the support and resistance values.
The default setting for the number of bars to look back is 50. This can be updated by changing the value of “Lookback” on the input tab.
Drag and Drop Support and Resistance "segment lines"… NEW REVISION: ********************* DROP_RESISTANCE_SEGMENT_LINE_Rev1 and DROP_SUPPORT_SEGMENT_LINE_Rev1: Both scripts have been revised. With the new revision the scripts will work also…
Drag and Drop Support and Resistance lines with… NEW REVISION:*********************DROP_RESISTANCE_LINE_Rev1 and DROP_SUPPORT_LINE_Rev1: Both scripts have been revised. With the new revision the scripts will work also when MT4…
