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Thread: Support and Resistance EA

  1. #1
    Junior Member
    Join Date
    Mar 2012
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    3

    Question Support and Resistance EA

    Hey guys! I'm using this SupportResistance.ex4 indicator for a long time manually with a very good profit.

    Do you guys have any idea how to transform this to EA?

    Support and Resistance EA-chart-gif
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  2. #2
    Junior Member
    Join Date
    May 2009
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    Default

    how do you actually trade it? maybe i can help you send me a pm with your contact information

  3. #3
    Junior Member
    Join Date
    Jul 2012
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    1

    Default scissors in supportresistance indicator

    I too am using this indicator with a few others and it does quite well however, I have no idea what these scissors mean. I have seen in the one minute chart where a support or resistance line is beginning to form but then turns into the scissors with a new bar as if the indicator changed its mind.

    Any insight would be greatly appreciate.

    Support and Resistance EA-scissors-png

  4. #4
    Junior Member
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    Mar 2012
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    1

    Default any info

    Hi, any explanations on how to use this EA, thanks

  5. #5

    Default

    never used it...but anyway thanks for sharing

  6. #6
    Junior Member
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    Jul 2013
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    1

    Default

    i trying to to back test the file but unable to read it .. do u have the mql file ? so thatw e can knw the logic behind the indi n create the EA acordingly

  7. #7
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    Dec 2013
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    Default

    I hope this EA can answer your question
    Attached Files Attached Files
    Last edited by bocahfx; 01-12-2014 at 01:30.

  8. #8
    Junior Member
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    May 2014
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    6

    Default

    how can you have success with this if it repaints

  9. #9
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    May 2014
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    Default

    just tested on m1 it repainted and deleted a level (not just scissors)

  10. #10
    Junior Member
    Join Date
    May 2014
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    Default

    I use RSI instead of it. My Hotforex platform supports some effective modifications of it in combination with automatic lot size changer, depending from market conditions. I think it need some general fixes because market is constantly changing...

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Tags for this Thread

automatic, ex4, forex, how to, indicator, mql, profit, resistance, rsi, support, support and resistance ea, test, time

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