Forex Zone - Forex Forum

Simple Intraday Support Resistance Indicator in MT4 / MT5 Indicators_680fda7ff18fb

Simple Intraday Support Resistance Indicator

Discussion started on MT4 / MT5 Indicators

  • Hero Member
  • Posts: 1215
  • Points: 0
  • Likes Received: 569
  • Reputation: +15/-3
Intraday trading uses Simple Support and Resistance analysis, Using the M15 Time Frame, this Indicator is suitable for beginners because understanding only uses S&R, before trying it on a real account it should be tried first on a Demo account, If you are first using the indicator, because the Indicator only as a tool to analyze market movements not be a role model in Open positions.

Another Intraday Support & Resistance Indicator For MT4:


Linkback: https://www.forex.zone/mt4-mt5-indicators/8/simple-intraday-support-resistance-indicator/2861/
#1 - November 16, 2019, 05:58:14 AM
Attachments:
« Last Edit: July 15, 2024, 09:19:41 PM by Admin »

VIP
  • Hero Member
  • Posts: 22118
  • Points: 793
  • Likes Received: 1412
  • Reputation: +4/-0
Intraday trading with S&R on M15 is suitable for beginners. Indicators can be helpful, and a demo account is mandatory before going live. However, remember that indicators are not "automatic profit machines," but rather analytical tools that require understanding and experience to be truly effective in trading decision-making.
#2 - February 14, 2026, 05:57:48 AM

Members:

0 Members and 1 Guest are viewing this topic.



Zoho