Support Resistance Indicator Andre 2
This Old Kings indicator for MetaTrader 4 is called Support Resistance Indicator Andre 2. Its name points to support / resistance levels. It has 40 settings, for example GMTSettings (default GMTSettings), Local Time Zone (default 0) and Dest Time Zone (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Resistance Indicator Andre 2
Support Resistance Indicator Andre 2 is an indicator for MetaTrader 4. It has 40 settings, such as Gmt settings, Local time zone and Dest time zone. MQL source code included.
Files in the download: Support_Resistance Indicator Andre.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Gmt settings | GMTSettings | |
| Local time zone | 0 | |
| Dest time zone | 0 | |
| Line placement | 0 - Lines,labels seperately adjustable | |
| Line placement | 1 - All lines next to candle | |
| Line placement | 2 - All lines horizontal | |
| Line placement | 0 | |
| Show 1 daily 2 fibonacci pivots | 1 | |
| Labels color | Gray | Colour on the chart |
| Labels font size | 8 | |
| Show level prices | true | |
| Show prices in middle | false | Preffered if you have fullscreen lines |
| Show labels on daily | false | |
| Labels left | false | |
| Yesterday labels right | false | |
| Today labels right | true | |
| Seperate day lines | true | |
| Show range | true | |
| Line placement0 | 0 - Lines since start of day | |
| Line placement1 | 1 - Lines next to candle | |
| Line placement2 | 2 - Lines horizontal | |
| Show support resistance | true | |
| Show pivot point | true | |
| Line style sr | 0 | |
| Line thickness sr | 1 | |
| Line style pv | 0 | |
| Line thickness pv | 1 | |
| Snr line placement | 0 | |
| Pivot line placement | 0 | |
| Support color | DarkGreen | Colour on the chart |
| Resistance color | C'139,0,0' | Exact Dark Red is 139,0,0 |
| Pivot color | C'30,95,205' | Colour on the chart |
| Show inner fibs | false | Shows Fibonacci levels inside yesterday's highs and lows. |
| Show outer fibs | false | Shows Fibonacci levels outside yesterday's highs and lows. |
| Fibo line thickness | 1 | |
| Fibo line style | 2 | |
| Fibos line placement i | 1 | |
| Fibos line placement o | 1 | |
| Fib color | DarkSlateGray | Colour on the chart |
| Show high low | true |
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