Re: Support Resistance strategy & Ideas

#4
RodrigoRT7 wrote:
Mon Jul 19, 2021 1:04 am
Hello Sal, how are you? Are these markings you made on the chart an indicator or are they manual markings?
s/r lines are indicator and signals area based on strategy for forex and binary ... see the latest post..


Re: Support Resistance strategy & Ideas

#8
Good Day All,

Brother @Sal
I am attaching my time tested classic indicator i have done some modifications in it & its very appropriate for this strategy
if someone takes pain to draw manual S/R as i have done in capture 3 "red lines" then it would be found that this indi is almost near to perfect in trend analysis over 1m & 5m timeframe hope to help every S/R trader.
The rules re to draw S/R lines Wick to Wick & wait for arrow upon arrow take trade for 3 to 4 bars expiry in M1 2 bars in M5 .
Test It!
Sup Res Arrow Alert Kashif Khan Mod.ex4
(73 KiB) Downloaded 237 times
Sup Res Arrow Alert Kashif Khan Mod.mq4
(64 KiB) Downloaded 318 times
Capture.JPG
2Capture.JPG
3Capture.JPG


Attachments 17
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