Technical Indicators for MetaTrader 5

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MetaTrader 5

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Support and Resistance with Trendlines

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Information

Indicators
MetaTrader 5
Ammar Yaseen
1.0
5

Overview

This indicator would help you IDENTIFY different HORIZONTAL SUPPORT / RESISTANCE LEVELS AND TRENDLINES. 

ADVANTAGES:

  • Use up till 5 different levels of Support and Resistance
  • Use up till 5 different trend lines 
  • Use true/false options to display for Support/Resistance or Trend line Image

PARAMETERS:

  • nPeriod: the time period to decide 
  • Limits: the candles limit to look back
  • UseHorizontalLines: true/false option to display Horizontal Support and Resistance Lines
  • UseTrendline: true/false option to display Trend lines 

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