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Great Post: Couldn't agree more. Weekly pivots and S/R levels are huge! Here is a great indicator for this that I use on almost every chart I trade.

Yes Sir...... up and running :)

Hmmm.... really strange, copied the indicator in with the Soho extension and get the same error..... Maybe I don't have the latest EA? Using V1.1 ?

Tried loading it and get the following error: 2018.03.29 15:28:07.495 cannot open file 'C:\Users\AppData\Roaming\MetaQuotes\Terminal\0A89B723E9501DAD3F2D5CB4F27EBDAB\MQL4\indicators\Support Resistance.ex4' [2]

Just a suggestion and my 2 cents: I think that a feature to take profit/stop loss by some fraction or % of X days average ADR would be very useful. This would make these points dynamic and relevant to the pip movements of each pair instead of a "one size fits all approach" Thx for your efforts

In your opinion will reducing the bars to say 200 effect the performance? If you think it will not, then what is the minimum bars we can use? If we know the minimum we can then see how many pairs the terminal will handle.. Thanks for your sharing and work!

ADR is average daily range - this is basically the amount of movement in pips from the low to the high of the day. You would just use some fraction of perhaps an average of the past 5 days ADR - like 5% etc. I have attached the ADR indi I use.

Perhaps a better and more dynamic formula would be to set TP/SL using some fraction of ADR for each pair? Easily done within an EA

Thanks for the explanation; make more sense now.

Looks like also missing is and indicator called Schaff Trend CD ?? Edit: Found it Thx :)

Appreciate the offer - but demo trades much different than live with these type of EA's.....

Seems like the creator of the EA Arby1108 is waiting for parts for his laptop so may not be online until the end of the month so I think things are on hold till he returns...

Thanks for the update - look forward to your return!

Your right - my IQ is only 70 so what chance do I have? :(

Sorry, missed your meaning on that question.....

I'm certain this can be taken care of with code

What you say is quite possible - however for me, most times I just use a basket profit target so the levels set by the indicator are not so relevant - but it is certainly still an issue.

Problem with the indicator is - sometimes an old signal stays there well after TP has been reached. However, as far as I know when a fresh signal comes it's levels are good. EA needs to deal with this issue

I think we just have to wait for Arby to return - he is the only one we have coding this EA :(

Arby1108 is the creator of the EA, perhaps he can help you.....