"Resistance Support Indicator" discovers patterns such as triangles, wedges, symmetrical triangles, support lines, and resistance lines!
Visualize “y ja ← Stop, exit, don’t touch yet”
Resistance Support & Pattern General Indicator
discretionary trading is said to be a world of intuition,
what is truly important is not intuition
“which price ranges have orders accumulating”という事実です。
This product visualizes that on the chart and
is designed to organize the criteria for entries, take profits, and exits.
Why do resistances, triangles, and wedges “work”?
These are not merely shapes in appearance,
they are backed by the following market structure:
- Order accumulation(concentrated execution points)
- Concentration zone of stop losses(prone to run through on a breakout)
- Concentration zone of take profits(prone to reversals)
- Institutional lot fragmentation(facilitates shape formation)
- Common time-frame recognition(daily line is especially strong)
In other words, chart shapes are
the result of “price × order × time”,
and thus hold more meaning than they appear.
Resistance line
Take-profit/Additional short positions/places where selling pressure accumulates
Support line
Buying support/Additional long positions/Take-profit zones for shorts
Wedge/Triangle consolidation
Lot splitting → convergence → release to one side
Channel
Visualize the market’s breathing during a trend
▼ In which situations is this indicator most useful?
The answer is simple, in the following three cases:
- Preparation before breakout(Triangle/ wedge)
- Confirmation of whether it will stop(Touching resistance/support)
- Decision not to touch yet(When line density is high)
Particularly ③ is important, and beginners in discretionary trading
will tend to lose by venturing into a market they should not touch.
▼ Timeframes change the role
- Daily: overall market sentiment (strongest)
- 4-hour: determines direction
- 1-hour: constructs the strategy
- 5–15 minutes: entry timing
This product draws with the same rules on any timeframe,
making the connection between timeframes very easy.
▼ Why it becomes more powerful when used in GOLD or the Cross JPY
These currencies have
high volatility and many stop hunts,
so the accuracy of resistance/support directly affects win rate and expectancy.
▼ Suitable traders
In short, this product handles the core of discretion
“pre-processing of judgment”.
“pre-processing of judgment”.
※This tool is for drawing assistance and does not perform automatic trading decisions.
※Please use according to your own trading method.
※Please use according to your own trading method.
※This is an online community product※
“Resistance Support Indicator” discovers triangles, wedges, consolidation patterns, and resistance/support lines!
■ How to use the indicator
It discovers resistance and support lines.
It also discovers consolidation triangles. In this case, when the triangle consolidates and breaks upward, it rises sharply!
When an ascending parallel channel breaks downward, a large drop may follow.
If the current candlestick’s above red trend line breaks upward, it will rise significantly.
In this case, buy at touch of the support line and sell at touch of the resistance line.
When triangles break upward, it rises sharply.
→ Purchase from here ←
Indicator features
- Available on all timeframes and currencies.
- Available in MT4.
- When resistance and support lines display cleanly, sell at resistance and buy at support.
- During triangle consolidation, it tends to break decisively in one direction, so aim for the breakout direction and enter. In large breakouts, riding the initial move can yield big profits!
Hiro
Born 1970 (55 years old)
Trading experience: 15 years
Occupation: Business owner
Greetings
Nice to meet you.
I am a businessman in my 50s and
have been trading FX as a side job for over 10 years.
I think about the mechanism of making money, implement it,
and produce results as a life work.
To “do it by my own power,” “put in effort,” and “get results”
is incomparable joy and satisfaction.
I am a businessman in my 50s and
have been trading FX as a side job for over 10 years.
I think about the mechanism of making money, implement it,
and produce results as a life work.
To “do it by my own power,” “put in effort,” and “get results”
is incomparable joy and satisfaction.
And because I want more people to experience the joy of achieving results, I decided to sell this time.
This is sold to hear many voices of “I got results!”, so please share your feedback.
Background of the development of the “Resistance Support Indicator”
While being a business owner,
people often ask why I even do FX,
and the answer is simply that I love making money.
I love not just money itself but the act of earning money,
and designing a system to earn money is my hobby and practical pursuit.
If you trace back, it all began with a part-time job in school,
and I became hooked on earning money.
people often ask why I even do FX,
and the answer is simply that I love making money.
I love not just money itself but the act of earning money,
and designing a system to earn money is my hobby and practical pursuit.
If you trace back, it all began with a part-time job in school,
and I became hooked on earning money.
However, even then I felt I was not suited for jobs where I would be burdened by bosses, unfair reprimands, or salary squeezes. After graduation, I could not immediately start a company, but ultimately I wanted a job where I took all responsibility and earned all the profits.
Therefore, I joined a company that would allow me to achieve my sales targets in three years and independently own the clients I acquired. I worked furiously and achieved the goal in three years.
I started my own business in my 20s, and now, after employing staff and incorporating, more than 25 years have passed.
Because I love earning money, management has gone smoothly, thanks to that.
Yet the desire to earn did not stay in the main job, and I began side ventures quite early.
Network marketing, stocks, mutual funds, futures, affiliate marketing, blogging, reselling; I tried many ways to make money, but felt, “this isn’t it.”
I like effort, I’m curious, and I hate being tied down by anything.
Reconsidering how I want to work and earn money,
- My ideal way to increase income is possible
- I can learn in real time what’s happening in the world economy
Then I seriously started developing indicators myself.
Fortunately, I had a programmer nearby, and through self-study I started development, analyzing hundreds of indicators regardless of paid/free or domestic/overseas. However, many were built on complex mechanisms, and misusing them could cause losses rather than profits.
“Simpler, easier-to-use indicators are the strongest.”
With that philosophy, I developed indicators for myself with emphasis on being easy to understand and simple for beginners.
As a result, today I use the “Resistance Support Indicator” on a real account and continue to win.
How to push yourself to work where you should?
There are many aspects to both main jobs and side jobs.
If you work hard, you can earn.
FX also requires effort and study.
However, mastering the operation of a difficult system can be a waste of time.
What’s important is to learn about world events and the trades themselves.
If you work hard, you can earn.
FX also requires effort and study.
However, mastering the operation of a difficult system can be a waste of time.
What’s important is to learn about world events and the trades themselves.
By sharing a profitable system with others, more people can use their time effectively, which is my joy.
Please obtain a clear, easy-to-use indicator and make good use of your time, effort, and future!
Please obtain a clear, easy-to-use indicator and make good use of your time, effort, and future!
We would be grateful if you join from the online community within GoGoJyan’s My Page.
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