Technical Indicators for MetaTrader 5

Support Resistance Breakout by Volume MT5

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Information

Indicators
MetaTrader 5
10
Koros Jafarzadeh
24 August 2020
1.28
31 August 2020

Overview

This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles.

If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market.

Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan.

MetaTrader 5 Demo Version : https://www.mql5.com/en/market/product/53753

???? This is free indicator ????

Support/Resistance Breakout by Volume Multi TimeFrame Multi Symbol Dashboard MT5 : https://www.mql5.com/en/market/product/53973



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Support/Resistance Breakout by Volume MT4 : https://www.mql5.com/en/market/product/48896

Support/Resistance Breakout by Volume MT4 Demo : https://www.mql5.com/en/market/product/48938

Support/Resistance Breakout by Volume Multi TimeFrame Multi Symbol Dashboard MT4 : https://www.mql5.com/en/market/product/48929



Indicator Capabilities:

    • So simple.
    • No Repaint, No Delay, No Lag
    • Easy to use for non-experienced traders as well as professional traders.
    • Low-risk entries.
    • No other Indicator is needed.
    • Popup Alerts, Push Notification, and Email alerts.
    • Works with any symbols in any time frame.
    • Can be used in Expert Advisors.


    Indicator Parameters:

      • Period to find Support/Resistance
      • Final Signal Method (Rising, Exciting, Both)
      • Draw Support and Resistance Line
      • Show Fractals
      • Show HigherHigh, HigherLow, LowerLow, LowerHigh
      • Types of Alert

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