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🌐 Indicator Support&Resistance MT4/MT5 for TradingView 👑 ⭐️ The Support & Resistance Indicator is designed to help you in your day-to-day trading. It takes care of identifying key levels where the price has shown significant activity in the past, automatically marking these levels as rectangular areas on your MT4 or MT5 chart. The size of each support or resistance area depends on the distance between the highest and lowest prices that the level spans. You'll see resistance levels marked in orange and support levels in blue, making it easy to spot them at a glance. One of the great things about this indicator is that it doesn’t repaint. However, if new highs or lows occur within the range of an existing support or resistance, the height of that area might expand accordingly. For the best results, consider using it on timeframes from M15 to H1. ➡️ How the Indicator Spots Levels There are many approaches to drawing support and resistance levels. For example, the Pivot Points indicator uses data from previous candlesticks for this purpose. In turn, the S&R indicator identifies the levels with the maximum number of price touches. Touch is a subjective concept since everyone interprets it in their way. Therefore, we used a freely available Fractal indicator to identify touches, which are also extreme levels of the price. The formula of the Fractal indicator works regardless of the timeframe, so the Support and Resistance indicator works on any timeframe as well. After identifying and marking the touches, the indicator algorithm will spot the levels with the maximum number of price interactions and display them on the chart. To see the price interactions with a certain level, click the weight number on the left side of the rectangle. As you can see, some of the interactions are out of the filled rectangle, but this is not the indicator's error. These touches are used to identify levels more precisely. Support and resistance levels themselves occupy just under 50% of the area analyzed by the algorithm. 👉 Who Can Benefit from the Support & Resistance Indicator? Support and resistance are key price levels that can guide you in making Forex trades, so this indicator works well with any other trading system or indicator you might use. If you're a novice trader, learning how to draw these levels on your own is essential. But if you’re still building those skills, the S&R indicator can be a helpful tool to bridge the gap. For experienced traders, it’s equally useful because it saves valuable time by automatically drawing these levels, allowing you to focus on your strategy. ✔️ Trading With the Support&Resistance Indicator There are three major techniques of trading with strong support and resistance levels: ➡️ Rebound (Bounce) from a level, ➡️ Level breakout, ➡️ Retest of the broken level. ➡️ Their benefit is that they are quite simple, so even a novice trader can easily use them. 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

✍️ Trading With the Support&Resistance Indicator 👉 Three major techniques: 1. Rebound (Bounce) Strategy => Works well when trading within horizontal price ranges. Such ranges form when the price is traded between two levels, one of which serves as support, and the other one as resistance. 2. Breakout Strategy => Very efficient for trading during trend moves. If there is an uptrend, we should expect a resistance breakout. If there is a downtrend, we should expect a support breakout. As soon as the price makes a real break through the target level, we open a trade: in case of a resistance breakout, we buy a currency pair; in case of a support breakout, we sell it. 3. Retest Strategy => This strategy also works well for trend movements. The catch here is that we don't open the trade immediately after the level breakout. Buy or Sell trades should be made only after the price reverses, tests the broken level, and heads in the initial direction again. 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

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🌐 Indicator Smart Money Concept (Combo) for TradingView 👑 ✔️ Instructions how to install are inside archive 😀 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

🌐 Expert XAUUSD Sniper EA MT4 👑 ⭐️ XAUUSD Sniper EA is a forex advisor focused specifically on the XAUUSD (gold). Notably, the EA is being marketed with an emphasis on artificial intelligence and advanced algorithms, including claims surrounding integration with OpenAI’s ChatGPT-4o model. While this might sound groundbreaking on the surface, a deeper dive into the information reveals a mixture of standard EA features with some marketing overstatement. It is promoted as a highly optimized, AI-driven solution capable of analyzing multi-dimensional market data and executing trades while managing risk tightly. According to the description provided by its developers, the EA makes use of a “multi-layered algorithmic framework” integrating real-time news analysis, multi-timeframe technical indicators, and macroeconomic data such as interest rates and inflation. The engine behind this process? According to the claims, GPT-4o. 💎 Key Features: ✅ No Martingale, No Grid – The absence of risky trading strategies such as martingale or grid systems is notable. This usually means better control over risk and drawdowns. ✅ Stop Loss on All Orders – Each trade is protected with a stop loss, which could help mitigate potential losses in volatile conditions. ✅ No Dependency on Time Frame – Although it operates under any time frame, the H1 time frame is recommended to provide the Sniper EA with a full range of market data. ✅ Smart Time Filter – The system includes a timing mechanism that aims to avoid entering trades during unstable periods, such as market gaps or sudden spikes and drops. ✅ Optimization and Ease of Use – The developers claim the EA works out of the box with default settings, which could be convenient for users not looking to customize excessively. ➡️ Recommendations: ➡️ Minimum account balance of 250$. ➡️ EA is specially made to work on XAUUSD. (Work on any currency pair) ➡️ It works best on H1. (Work on any TimeFrame) 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

🌐 Expert GbpUsd Robot MT4 V6.3 👑 ⭐️ The GBPUSD Robot MT4 is an advanced automated trading system meticulously designed for the specific dynamics of the GBP/USD currency pair. Utilizing advanced technical analysis, the robot assesses historical and real-time data to identify potential trends, key support and resistance levels, and other relevant market signals specific to GBP/USD. The Robot opens positions every day, from Monday to Friday, and all positions are secured with Take Profit, Stop Loss, Trailing Stop, Break-Even and we included also Recovery System. This robot doesn’t use a grid or a martingale system. After you start the robot, you will notice a panel on the chart that displays the daily pips, daily profit, actual spread, and the current market session. With this robot, you will be able also to generate good cashback (many websites offer the option and you recovery part of spread that you pay for broker) from your account, generating additional income in this way. To simplify the process of starting the robot, all functions have been set to default, the only parameter that needs to be changed is the lot size. The GBPUSD Robot is available in two versions for MetaTrader 4, MetaTrader 5 and can be used with any Forex Broker. 💎 Key Features: ✅ Compatible with all brokers ✅ The popular currency pair GBPUSD ✅ The robot opens positions every day ✅ Maximum number of open positions per day ✅ A tested product developed by skilled programmers ✅ Quick installation, only one parameter needs to be changed ✅ MA Filter (Moving Average) confirming the trend on GBPUSD pair ✅ A private group with excellent support that will assist you at every step ✅ Order split to 5 small positions with possibility to change it for 1-2-3-4 or any other ✅ All positions are protected by automatic Take Profit, Stop Loss, Trailing Stop and Break-Even ✅ Panel with information about daily pips, current market session, forex calendar and more.. ✅ Further development of the project based on customer and own suggestions, with all updates provided at no cost. ➡️ Information: ➡️ Pair: GBPUSD ➡️ Timeframe: M5 ➡️ Minimum lots: 0.01 ➡️ Minimum deposit: 1000 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

🌐 Indicator Stoch RSI and RSI BuySell Signals with MACD Trend Filter for TradingView 👑 ✔️ Instructions how to install are inside archive 😀 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

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