I need assistance...

[Dlyon]

I need assistance on how to draw support and resistance.... Thank you

 

[philipngcc]

There are plenty of indicator for draw support and resistance online. Can search tonnes in google.

 

[k9898]

There are many indicators online, but its better to draw them yourself. Choose a large timeframe and searh for places where the price has "bounced" several times before. Remember they're bands, not lines, give some wiggle room.

 

[legolas_aims]

there indicators available, if you can't find one most of the brokers provide the pivot point indicators inbuild/mt4/mt5

 

[lonestarmoose]

I agree that drawing them in yourself is the better option but indicators can help you with the learning curve

 

[rango]

use supprot resitance v7..... i think its better with combination with others indicators

 

[JamesAH]

There is a few good indicators out there that can do this for you, if you don't like them then there is a bunch of good videos on YouTube explaining.

 

[REREZON-FX]

understanding what support and resistance are is the first step to drawing them on any chart.

there are different types of support and resistance.

Your common moving averages are a type of dynamic support and resistance.

Get a clear cut understanding of the type of support and resistance you are looking for,

there are Tons of indicators online and on the MT4 Platform that would help your Quest.

If you still want to go deeper, study about Ichimoku cloud system.

it is free on the MT4 platform and provides excellent support and resistance on any chart.

 

[DelFx97]

Yeah like other members commented. Using a good and reliable indicator will help you

 

[kavinda]

look at the chart you will find it drawing them in yourself is the better option

 

[Tyler]

i agree drawing them on your own is the best option

 

[besttime]

There are plenty of indicator for draw support and resistance online. Can search tonnes in google.

 

[Jaylovin]

do a search in you tube for support and resistance to see some examples - it will be a quicker way to learn...

 

[dipatoc649]

Wow yeah I also recommend searching in the youtubes

 

[Timatie]

there is tons of vids on youtube on how to draw support and resistance.

 

[takechance]

Try the PZ support resistance indicator....I found it very unique and useful. Price most often reacts to those levels.

 

[karli20]

there is an indicator for that that can help you, it makes it easier to see where they occur

 

[yasir.ril]

plenty of free indicator on tradingview are available go and check

 

[dibuah]

I'm having the same problem. Did you have sucess to find any solution?

 

[varon]

What about Color Levels indicator? There is free indicator on mq5.com, but, I will share mod