[vc_row row_type=”parallax” text_align=”left” full_screen_section_height=”no” kswr_row_top_decor_enabled=”false” kswr_row_bottom_decor_enabled=”false”][vc_column width=”1/6″][/vc_column][vc_column width=”4/6″][kswr_spacer spc_desk_height=”95″][kswr_heading head_align=”center” head_subtitle_color=”#333333″ head_title=”Everest MT4 Support & Resistance Indicator” head_title_fsize=”font-size:35px;line-height:3;” head_title_fstyle=”font-family:Inherit;font-weight:600;” head_subtitle_fsize=”font-size:16px;line-height:2;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”]Our dynamic Multi Time-Frame MT4 Support & Resistance Indicator is capable of helping you identify the best levels to trade off[/kswr_heading][kswr_spacer spc_desk_height=”40″][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”1/6″][/vc_column][vc_column width=”2/6″][kswr_twopichover tph_border_width=”0″ tph_image_one=”21825″ tph_image_two=”21826″][vc_column_text]

MT4 Support & Resistance Indicator

[/vc_column_text][/vc_column][vc_column width=”2/6″][kswr_spacer spc_desk_height=”25″][kswr_heading head_subtitle_color=”#333333″ head_title=”Support and Resistance can be a very profitable trading strategy if you do it correctly.” head_title_fsize=”font-size:25px;line-height:1.5;” head_title_fstyle=”font-family:Inherit;font-weight:inherit;” head_subtitle_fsize=”font-size:15px;line-height:1.5;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”][/kswr_heading][kswr_spacer spc_desk_height=”12″][kswr_heading head_subtitle_color=”#333333″ head_title_fsize=”font-size:25px;line-height:1.5;” head_title_fstyle=”font-family:Inherit;font-weight:inherit;” head_subtitle_fsize=”font-size:15px;line-height:1.5;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”]As professional analysts ourselves, we realised that most MT4 support and resistance indicators in the market are confusing and messy – drawing a whole bunch of lines at every swing high and swing low, making it difficult for traders to identify the right levels. The reason for this is more often than not, support and resistance comes in the form of ‘zones‘ and ‘areas‘ instead of specific ‘lines’ which most indicators make the mistake of.[/kswr_heading][kswr_spacer spc_desk_height=”8″][kswr_heading head_subtitle_color=”#333333″ head_title_fsize=”font-size:25px;line-height:1.5;” head_title_fstyle=”font-family:Inherit;font-weight:inherit;” head_subtitle_fsize=”font-size:15px;line-height:1.5;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”]Using our in-depth understanding of technical analysis in determining support and resistance levels, we fine-tuned our thoughts and created an indicator that accurately identifies support and resistance trading zones.[/kswr_heading][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”40″][vc_row_inner row_type=”row” type=”full_width” use_row_as_full_screen_section_slide=”no” text_align=”left” css_animation=””][vc_column_inner width=”3/12″][/vc_column_inner][vc_column_inner width=”6/12″][vc_separator type=”normal” color=”#f4f4f4″ border_style=””][/vc_column_inner][vc_column_inner width=”3/12″][/vc_column_inner][/vc_row_inner][kswr_spacer spc_desk_height=”40″][vc_row_inner row_type=”row” type=”full_width” use_row_as_full_screen_section_slide=”no” text_align=”left” css_animation=””][vc_column_inner width=”3/12″][/vc_column_inner][vc_column_inner width=”6/12″][kswr_heading head_align=”center” head_subtitle_color=”#333333″ head_title=”Key Features of the MT4 Support & Resistance Indicator:” head_title_fsize=”font-size:22px;line-height:2;” head_title_fstyle=”font-family:Inherit;font-weight:500;” head_subtitle_fsize=”font-size:15px;line-height:1.4;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”][/kswr_heading][/vc_column_inner][vc_column_inner width=”3/12″][/vc_column_inner][/vc_row_inner][kswr_spacer spc_desk_height=”50″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”3/12″][/vc_column][vc_column width=”2/12″][vc_single_image image=”21835″ img_size=”full” qode_css_animation=””][/vc_column][vc_column width=”4/12″][kswr_iconboxinfo ibi_title=”Swing Sensitivity” ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:10px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:13px;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]This is how many bars you would need on the left/right of a high/low to create a swing high/low. This means that for example, if you have 20 as this value, then the swing high would require 20 bars to the left and to the right of it to be lower than it to create the swing high point.

The higher this value, the stronger the swing highs/lows you identify.[/kswr_iconboxinfo][kswr_spacer spc_desk_height=”15″][/vc_column][vc_column width=”3/12″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”30″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”3/12″][/vc_column][vc_column width=”2/12″][vc_single_image image=”21836″ img_size=”full” qode_css_animation=””][/vc_column][vc_column width=”3/12″][kswr_iconboxinfo ibi_title=”Initial Pips” ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:12px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:13px;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]The indicator takes swing highs/lows and plots a line, then detects whether it coincides with other swing highs/lows. The InitialPips value is the ‘buffer’ it uses to detect whether another swing high/low is near it. A value of 5 would mean it scans 5 pips above and below the first swing high/low for any other swing high/low to reach it. The key idea here is to find areas where multiple swing high/lows coincide.[/kswr_iconboxinfo][kswr_spacer spc_desk_height=”15″][/vc_column][vc_column width=”1/12″][kswr_spacer spc_desk_height=”5″][kswr_iconboxinfo ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;line-height:1.5;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:12px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:10px;line-height:1.3;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]Recommended settings :

1 min chart : 1

5 min chart : 3

15 min chart : 5

30 min chart : 7

1 hr chart : 10

4 hr chart : 30[/kswr_iconboxinfo][/vc_column][vc_column width=”3/12″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”30″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”3/12″][/vc_column][vc_column width=”2/12″][vc_single_image image=”21837″ img_size=”full” qode_css_animation=””][/vc_column][vc_column width=”3/12″][kswr_iconboxinfo ibi_title=”Further Pips” ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:12px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:13px;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]Once the second swing high/low is reached, the indicator will use this new resistance/support area and do a modified scan based on FurtherPips. This works the same way as InitialPips.[/kswr_iconboxinfo][kswr_spacer spc_desk_height=”15″][/vc_column][vc_column width=”1/12″][kswr_spacer spc_desk_height=”5″][kswr_iconboxinfo ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;line-height:1.5;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:12px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:10px;line-height:1.3;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]Recommended settings :

1 min chart : 1

5 min chart : 3

15 min chart : 9

30 min chart : 15

1 hr chart : 25

4 hr chart : 50[/kswr_iconboxinfo][/vc_column][vc_column width=”3/12″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”30″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”3/12″][/vc_column][vc_column width=”2/12″][vc_single_image image=”21848″ img_size=”full” qode_css_animation=””][/vc_column][vc_column width=”4/12″][kswr_iconboxinfo ibi_title=”Broken Count” ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:12px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:13px;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]This value scans how many times the particular support/resistance identified has been broken. The more times a support/resistance level is broken, the weaker it is. A value of 0 means that the level can be broken only once. If it is broken a second time, it disappears.[/kswr_iconboxinfo][kswr_spacer spc_desk_height=”15″][/vc_column][vc_column width=”3/12″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”30″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”3/12″][/vc_column][vc_column width=”2/12″][vc_single_image image=”21849″ img_size=”full” qode_css_animation=””][/vc_column][vc_column width=”4/12″][kswr_iconboxinfo ibi_title=”Broken Bars” ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:12px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:13px;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]This is the number of bars that must be closed below the support/resistance level for it to be considered truly broken (links with BrokenCount above). The reason for this is sometimes price tests these support/resistance levels and bounces back (like a doji). This actually means the support/resistance level is stronger and such a filter allows us to prevent such price action from tricking us. I prefer to keep this at about 3 across all time frames.[/kswr_iconboxinfo][kswr_spacer spc_desk_height=”15″][/vc_column][vc_column width=”3/12″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”30″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”3/12″][/vc_column][vc_column width=”2/12″][vc_single_image image=”21850″ img_size=”full” qode_css_animation=””][/vc_column][vc_column width=”4/12″][kswr_iconboxinfo ibi_title=”Toggle Strength” ibi_title_color=”#333333″ ibi_subtitle_color=”#777777″ ibi_content_color=”#555555″ ibi_layout=”iconleft” ibi_font_default=”0″ ibi_image_enable=”0″ ibi_rotation=”false” ibi_style_default=”1″ ibi_icon_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_subtitle_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_content_margins=”margin-top:0px;margin-left:0px;margin-right:0px;margin-bottom:0px;” ibi_title_fsize=”font-size:17px;” ibi_title_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_subtitle_fsize=”font-size:12px;” ibi_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” ibi_content_fsize=”font-size:13px;” ibi_content_fstyle=”font-family:Inherit;font-weight:inherit;”]This toggles the thin lines with only one swing high/low and the thicker lines with at least 2 swing high/lows connected. This helps you pick out which are immediately the stronger levels to watch out for.[/kswr_iconboxinfo][kswr_spacer spc_desk_height=”15″][/vc_column][vc_column width=”3/12″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”40″][vc_row_inner row_type=”row” type=”full_width” use_row_as_full_screen_section_slide=”no” text_align=”left” css_animation=””][vc_column_inner width=”3/12″][/vc_column_inner][vc_column_inner width=”6/12″][vc_separator type=”normal” color=”#f4f4f4″ border_style=””][/vc_column_inner][vc_column_inner width=”3/12″][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”40″][/vc_column][/vc_row][vc_row row_type=”parallax” text_align=”left” full_screen_section_height=”no” kswr_row_top_decor_enabled=”false” kswr_row_bottom_decor_enabled=”false”][vc_column width=”1/6″][/vc_column][vc_column width=”4/6″][kswr_heading head_align=”center” head_title_color=”{“type“:“color“,“color1“:“rgba(0, 0, 0, 1)“,“color2“:“#333“,“direction“:“to left“}” head_subtitle_color=”#333333″ head_title=”Our Support & Resistance Indicator can help brokers, banks and institutes boost client satisfaction & retention.” head_title_fsize=”font-size:28px;line-height:2;” head_title_fstyle=”font-family:Inherit;font-weight:inherit;” head_subtitle_fsize=”font-size:18px;line-height:1.5;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”][/kswr_heading][kswr_spacer spc_desk_height=”10″][kswr_heading head_align=”center” head_subtitle_color=”#333333″ head_title_fsize=”font-size:25px;line-height:1.5;” head_title_fstyle=”font-family:Inherit;font-weight:inherit;” head_subtitle_fsize=”font-size:15px;line-height:1.5;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”]EFG creates bespoke solutions for brokers, banks, schools and institutes tailored to each and every requirement. If you are interested, leave us your contact details & we will contact you shortly to arrange what we can do for you.[/kswr_heading][kswr_spacer spc_desk_height=”30″][vc_row_inner row_type=”row” type=”full_width” use_row_as_full_screen_section_slide=”no” text_align=”center” css_animation=””][vc_column_inner][qbutton target=”_self” font_weight=”” text=”Contact Me” color=”#000000″ border_color=”#000000″ background_color=”rgba(0,0,0,0.01)”][/vc_column_inner][/vc_row_inner][kswr_spacer spc_desk_height=”30″][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][kswr_spacer spc_desk_height=”50″][/vc_column][/vc_row]