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MT4-Support and Resistance Channels

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Support and Resistance technical indicator for mt4 that identifies the Strong support and resistance levels based on Zigzag indicator with full control of Zigzag indicator setting , selectable Timeframes as well as SRL lines formats .


Inputs:

- Time frame.

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Zigzag setting:

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- Depth.

- Deviation.

- Backstep.

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Peaks and valleys setting:

- Min peaks gap in Points. // to be considered as a new level.

- Peak sensitivity. // min no. of peaks to create a level.

- Loopback. // max no. of allowed peaks to be calculated.

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SRL line setting:

- SRL name Prefix.

- Line color.

- Line width.