MT5 Support Line and Resistance Trading Indicator

MT5 Support Line and Resistance Trading Indicator

The support and resistance line trading indicator guidance on MetaTrader 5 determines the fractals used to build support and resistance levels.

Support and resistance line trading indicator for MetaTrader 5 trading terminal creates support and resistance levels by fractals, which are calculated by Fractals indicator:

  • The support level is built at the level of descending fractals;
  • The resistance level is built on the level of ascending fractals.

Support and resistance line trading indicator for MT5 terminal will be useful for traders traders that use trading strategies based on level breakouts and rebounds.

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