Support & Resistance
The Support & Resistance MetaTrader indicator can display the support and resistance lines that the price forms on a certain time frame. These can be used to better understand how the price moves, and sometimes predict the direction of the next move. The indicator doesn't have any settings except for the support/resistance lines color, so using it is as simple as drag'n'drop.
You can download this RobotFX MT4 indicator for free from here.
|A support/resistance indicator for MetaTrader|