Tested R&S levels

[blunt]

Please , how can I build and EA for tested resistance and support level?

[l'andorrà]

@blunt More info would be appreciated. What exact conditions would rerequired?

[blunt]

once the last bar low crosses above the S level and closes above the bar open price the EA will open buy
once the last bar high crosses below the R level defined and the bar closes below its open the EA will sell
the EA will also draw lines corresponding to defined S/R levels so you can easily modify them directly on charts

[TipsyWisdom]

@blunt said in Tested R&S levels:

once the last bar low crosses above the S level and closes above the bar open price the EA will open buy
once the last bar high crosses below the R level defined and the bar closes below its open the EA will sell
the EA will also draw lines corresponding to defined S/R levels so you can easily modify them directly on charts

post a screenshot of a chart with what you refer to as support and resistance next please.

[blunt]

0_1652618531312_SUPPORT AND RESISTANCE IMAGE.jpg

[TipsyWisdom]

@blunt said in Tested R&S levels:

0_1652618531312_SUPPORT AND RESISTANCE IMAGE.jpg

let me get this logic straight now then...
Every time that price has created a high or low at a price level, 4 times, this is support and resistance?

[AlphaOmega]

@tipsywisdom I have also tried this support and resistance strategy but could not get it in a zone of the price bottom (support)) and top (Resistance). The zone should be +/- 25 pips wide, with Ma200 in that zone. Also, I do not want to read on-chart objects, like the miro1360 tutorial. I am just to dumb to make it work with variables and calling of the Sup and Dem indicator.
https://fxdreema.com/shared/vTjtfQ5ic

[RGoo]

Can you please add the link to the indicator used? I would like to test your EA.

[RGoo]

I meant the one stored in block 12, even if it is not used it is necessary for compiling, or I would have to change block 12, which I don't want to do for the time being.

[AlphaOmega]

@rgoo 0_1652730390843_AO-Hodrick-Prescott Channel.mq5

[RGoo]

Thanks very much.

[VHV-Profit-Masters]

@AlphaOmega Thanks for sharing but when loading it in fxdreema this mq5 code does not work