Recruitment of participants PZ Support Resistance 6.4 MT4

PZ Support Resistance 6.4 MT4


Tired of plotting support and resistance lines? The PZ Support Resistance is a multi-timeframe indicator that auto-detects and plots important price levels while analyzing its importance. Past and present price levels are collapsed by proximity and adjusted to the current market action. Lines are drawn where the action is and not necessarily at the peaks.





Features and benefits

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  • Customizable timeframe selection
  • Read price levels from the timeframe of your choosing
  • Detect important price levels without browsing through charts
  • Recognize the relative strength of all price levels at a glance
  • Price levels get darker and thicker as they get rejected over time
  • Unimportant price levels are cleared regularly to avoid noise
  • It implements email/sound/push alerts for breakouts and false breakouts
  • The indicator displays the age of all price levels

Trading Guidelines

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  • Suitable instruments: Forex, Commodities, Indices and Stocks
  • Suitable timeframes: All and any