Support And Resistance
This Old Kings indicator for MetaTrader 4 is called Support And Resistance. As the name suggests, the idea behind it is support / resistance levels. It has 6 settings, for example How Many Days To Calculate (default 10), High Line Colour (default Red) and Low Line Colour (default Blue). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Support And Resistance
Support And Resistance is an indicator for MetaTrader 4. It has 6 settings, such as How many days to calculate, High line colour and Low line colour. MQL source code included.
Files in the download: Support_and_Resistance.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| How many days to calculate | 10 | |
| High line colour | Red | Colour on the chart |
| Low line colour | Blue | Colour on the chart |
| Todays high line colour | Red | Colour on the chart |
| Todays low line colour | Blue | Colour on the chart |
| Sr line colour | Black | Colour on the chart |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Support & Resistance · MT4 Indicator · MQL4 Source Code