Finally, a multi-timeframe dynamic support and resistance indicator that helps you automatically identify strong zones to buy and sell from.
MTF
MULTI-TIMEFRAME
Toggle over 9 different time frames
Overlap various time frames for stronger levels
Smart filters for more accurate levels
ACCURATE
SUPPORT & RESISTANCE
Multiple Swing Low / High Scanner
Overlap Support / Resistance
Pullback Support / Resistance
FLEXIBLE
SETTINGS
Adjust the strength of each time frame
One-click strict settings
Individual settings for each time frame
SUPPORT AND RESISTANCE TRADING STRATEGY
A proper guide to understanding how to trade support & resistance profitably.
Crafted by a team of CMT, CFTe & CFA certified traders.
Trading purely based on support and resistance can be a very profitable strategy – but only if you do it correctly. I am a full-time trader running an award winning research firm, providing analysis for the largest banks and brokers in the world. My personal trading method (on top of support and resistance) involves using Advanced Fibonacci Retracements, Candlestick Patterns (really important), True RSI and proper trade management. Below is a short video I was featured in showing the day in my life as a trader.
Before you can even begin to trade support and resistance, you need to understand how to interpret it and most importantly, how to filter out the good zones from the bad zones. Notice I say zones here and not levels. Because support and resistance works in the form of zones (areas), not specific levels.
THE BEST SUPPORT AND RESISTANCE INDICATOR FOR MT4
1Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.