Display support and resistance as bands

Support and resistance can be displayed as a "band " with a price range instead of a "line".
You can mark (〇) where the price has rebounded in the support and resistance zones.

The image below is an example of its use, especially the blue line, which is not a rebound just at the line, but can clearly display areas that are noted as support and resistance zones.

You can also use it to display only the upper and lower lines of the band, or only the rebound mark.
Please use it according to your preference.

Simple operation by simply entering a value range

The usage is simple. With the indicator set on the chart, enter the value width (for one side ) in the description field of the horizontal line (trend line) property setting screen.

Easy input of price range

When entering a value range, there is a function for easy entry without going through the properties screen.

With this tool set on the chart, simply click on the target linewhile holding down the numeric key for the value range (for one side).
The numerical value of the key you pressed is directly reflected in the property description (=value range).
However, since it is limited to 1-9 single-digit numbers, if you wish to specify other value widths, please enter them from the property screen.

Alert on reaching/reversing the resistance zone

There is also a function that alerts you when a resistance zone is reached/reversed at a resistance zone.
This is a common situation with indicators that alert on line touch, where the indicator fails to reach the line slightly and misses an entry/settlement opportunity.
However, this tool alerts you properly.

There are two types of alerts: on arrival and on rebound.
In particular, there are very few tools on the market that sign off on a rebound. We hope that those who "wanted a tool that alerts on a rebound but could not find one when looking for one" will definitely use this tool.

Setup Method

Edit the properties of the line for which you want to generate an alert.

If you want to be alerted when a line is reached, add " @ " to the description field of the line property.
While holding down "@" on the keyboard, click on the target line to automatically add "@" to the end of the description field.

If you want to be alerted by a rebound, add the value of the price range + "/" to the description field of the line property.
If you click on the target line while holding down the "/" on the keyboard, a "/" will automatically be added to the end of the description field.

If you would like to be alerted for both a price reach and a price rebound, add the value of the price range + "/@ " in the description field.
Enter the "/" and "@" one letter at a time using the key-press-click method described above.

If you want to be alerted twice in a resistance zone for a rebound, add the value of the price range + "//" in the description field.
This can also be done by typing "/" one at a time in the same way as the "press-and-click" method. You will be alerted on both the first and second reb ound.

By holding down the number 0 key and clicking on the line, the description field will be blank.
The value range and alert designation will disappear.

By holding down the SHIFT key and clicking on the line, the symbol
("/" mark or "@" mark) for alerting will disappear. The price range indicator will remain.

Example of alert message

parameter

Other supplementary information

precautions

To display a resistance zone, the user must specify the position, price range, and alerts at his/her own discretion. This is not a tool that automatically creates resistance zones based on the chart shape.
Up to 10 zeros can be marked on a single resistance zone. When a new mark is added, the oldest mark will be deleted.
A "fractal" is used as a criterion for determining peaks and valleys. (The idea is that if the middle value is the highest/lowest in the range from the second left-hand side to the second right-hand side, then that peak is the mountain/valley.)
If you do not specify a value range in the property, it will be displayed as a normal horizontal line/trend line. Use it according to the situation. If the property is set to "@ " for a line without a price range, an alert will be issued only when the line is reached.

It is recommended that you check the Show description oflinesetc. checkbox in the lower right corner of the chart properties screen. The current price range and alert settings can be displayed on the chart.

試用版 mt5版サポート帯＆抵抗帯を分かりやすく表示するツール(アラート機能付き)

試用版　mt5版サポート帯＆抵抗帯を分かりやすく表示するツール(アラート機能付き)