SUPPORT AND RESISTANCE INDICATOR

Support and Resistance Indicator for MetaTrader 4 (MT4) draws the last 2 support and 2 resistance channels. Support Channel is shown with green and the Resistance Channel is shown with red. There is also one more color which is grey that indicates Support becomes Resistance and Resistance becomes Support.

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SOFTWARE INFORMATION

  • Software Type: Indicator
  • Indıcator Name: FxCanli Support & Resistance
  • Platform: MetaTrader 4 (MT4)
  • Currency: All Forex Pairs, All CFDs, All Cryptocurrencies and All Stocks
  • Time Frames: All
  • Notifications: Desktop Popup alerts and push notifications to your phone
  • Language Options: English and Turkish
  • Free Trial: 7 Days Free with any broker and any type of account ( Demo or Live)
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INDICATOR SETTINGS

  • Language:: Choose your language ( English or Turkish)
  • Period:
    • Auto: Auto: Time Frame of the chart
    • Selection: Show S&R channels of the selected Time Frame
  • Channel Type:
    • Major Channels
    • Minor Channels
  • Color: Choose the color of
    • 1st Resistance Channel
    • 2nd Resistance Channel
    • 1st Support Channel
    • 2nd Support Channel
    • Support to Resistance Reversal Channel
    • Resistance to Support Reversal Channel
  • Fill it: Choose Fill or Empty Channels
  • Extend: Choose the Channel Extend or not
  • Alerts:
    • Breakout: Get alerts at Breakout
    • Touch Zone: Get alerts when price reaches to Channels
  • Notification as Popup
  • Bring Chart on Top at alert
  • Alert with Arrow
  • Notification as Mobile Alert
  • Notification as Email
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Alert and Mobile Notifications

NOTIFICATIONS

Support and Resistance Indicator is with you wherever you are. Why spend time just glaring at your screen and hoping something finally will happen?
Why not spend that time actually being productive?
The most popular and unique feature of the Support and Resistance Indicator allows you to do exactly this.
A notification will be sent to your smart phone if you have MetaTrader 4 (MT4) installed or be shown as a pop-up on your monitor.
This way your trading will not get in the way of your business and private life.

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NOTIFICATIONS
FxCanli

SUPPORT AND RESISTANCE INDICATOR

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SUPPORT CHANNEL TRADING STRATEGY

Entry: Sell after candle is closed below Support channel

Target: Next Support Channel

Stop: Use 1:2 Risk/Reward ratio

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RESISTANCE CHANNEL TRADING STRATEGY

Entry: Buy after candle is closed above Resistance channel

Target: Next Resistance Channel

Stop: Use 1:2 Risk/Reward ratio

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SUPPORT - RESISTANCE CHANNEL TRADING STRATEGY

Entry: Sell after bearish candle is closed at Support becomes Resistance area.

Target 1: Next Support Channel
Target 2: Next Major Support Channel

Stop: Use 1:2 Risk/Reward ratio

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RESISTANCE - SUPPORT CHANNEL TRADING STRATEGY

Entry: Sell after bearish candle is closed at Support becomes Resistance area.

Target 1: Next Support Channel
Target 2: Next Major Support Channel

Stop: Use 1:2 Risk/Reward ratio

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TREND FOLLOWING TRADING SYSTEM

Entry: At the downtend, sell at candle close below Support channel.
At the uptrend, buy at candle close above Resistance channel

Target: At the downtrend first major Support channel of higher time frame
At the uptrend first major Resistance channel of higher time frame

Stop: Use 1:2 Risk/Reward ratio

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Testimonials

S&R (Channel)

Annual License
198
$99 /year
  • MetaTrader 4 S&R Channel Indicator
  • MyAssistant Software
  • 1 Licence (?)
  • Single MetaTrader 4 Licence (?)
  • Free Updates
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S&R (Channel)

Lifetime License
999
$399 /one time
  • MetaTrader 4 S&R Channel Indicator
  • MyAssistant Software
  • 1 Licence (?)
  • Single MetaTrader 4 Licence (?)
  • Free Updates
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All MT4 Softwares
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$249 /year
  • All MetaTrader 4 Indicators
  • All MetaTrader 4 Scripts
  • All MetaTrader 4 Combos
  • All MetaTrader 4 Robots
  • Unlimited License Update (?)
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Frequently Asked Questions

  1. 1
    How many different MetaTrader 4 accounts can I use your indicators when I buy them?

    Licenses can only be assigned to a single MetaTrader 4 account and cannot be transferred to another MT4 account. If your MetaTrader 4 number changes for any reason, your license CANNOT be changed.

  2. 2
    What is Unlimited License Update?

    If you have purchased all the indicators and your MetaTrader 4 account number changes for any reason (broker change etc.), your license update request will be made within 7 days.

  3. 3
    Will the updates and new features coming to the indicator I have purchased be paid?

    No, you will not pay any additional fees for new features and updates.

  4. 4
    How do I install the MyAssistant software on my computer?

    When you purchase one of our indicators, you will be directed to a page with video narration for MyAssistant software installation.

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Support & Resistance

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