Download PerfectZones HIGHLY ADVANCED Forex Indicator Automatic Support/Resistance

DonForex PerfectZones is a highly advanced indicator that draws automatically the support/resistance (S/R) zones and trend lines. A really classic and essential tool.

• Works with a completely unique calculation method
• Automatically draws support/resistance zones
• Automatically draws trend lines
• Displays the broken, but still actual trend lines (dotted lines)
• Calculates and displays the followings:
  • The range of the support/resistance zones (in points)
  • The 'weight' of the S/R zones (the higher value the more significant zone)
  • The distance between two adjacent zones (in points)
  • The length of the trend lines (number of bars)
  • The number of touches of the trend lines (the higher value the more significant line)
  • Indicates whether there is no more S/R zones in the given direction (with an arrow)
• Adjustable intervals for S/R zones and trend lines (number of bars)
• Selectable sensitivity (2 grades)
• Adjustable trend line style
• Automatically calculates the colors of S/R zones from the chart's background color (very convenient feature)
• Color settings for trend lines
• Error-free operation, high quality coding
  
  For developers:
• One can build his/her own expert advisors or indicators based on PerfectZones
• Indicator values are easily accessible via global variables

How it works?

• Search for charts that are "clear" (ie. nice top/bottom peaks, no choppy, short candle-wicks)
• These clear charts respect better the S/R levels, so they give more reliable signals
• Wait until the price's approaching a zone
• At the S/R zone look for the signs of a possible break out or reversal
• Two types of typical break-out formation:
  • 1. Big and definite candle with a strong momentum (faster)
  • 2. Approaching the zone the candles are getting smaller and smaller and then breaks through (slower)
• (Perhaps) the most reliable case when price breaks through the zone and then makes a retest (support becomes resistance and vice-versa)
• Reversal signs for example: engulfing, pinbar etc ... there is a lot
• Additional confirmatory factor, if there is a conjunction with any other level-system (eg. Fibo, pivot etc ...)
• Of course, the trend lines are also S/R levels that have a slope
• Higher time frames give more significant S/R zones

Features:
Compatible with NFA, FIFO and MT4 New Build
Perfected For Multiple Pairs
Works With Any MT4 Trading Brokerage
Quick & Easy 5 Minute Setup | Set & Forget
Unlimited Licenses For All Your MT4 Accounts
14-Day No Questions Asked Money Back Guarantee
No Trading Experience Required
US Brokers | Non-US Brokers
No Trading Account Limitations
No Minimum Leverage Required

Product details:
Platform: MetaTrader 4
Language: English
TimeFrames: System works with every MT4 TF
Trading Time: Any time | Recommended London and New York sessions
Currency pairs: Any pairs | Recommended major pairs
Purchase includes: Key | Indicator
Trading Accounts: Unlimited
License: Unlimited