Support And Resistance
From the Old Kings archive: Support And Resistance, an indicator for MetaTrader 5. Judging by its name, it is built around support / resistance levels. In the code it works with fractals. It draws arrows on the chart. Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq5) 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 · MT5 · v1.0 · Free
About Support And Resistance
Support And Resistance is an indicator for MetaTrader 5 based on Fractals. It draws buy and sell arrows on the chart. MQL source code included.
Files in the download: Support_and_Resistance (3).mq5.
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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 · Buy/Sell Arrows · Fractals · MT5 Indicator · MQL5 Source Code