Automated Actual SR for GBPUSD

Automated Actual Support & Resistance: Automatic support and resistance levels without delay and redraw

This version is designed for scalping (intraday transactions) timeframe M15 and less (M5 and M1).

The market sometimes behaves strangely. And that something unusual could be done
familiar way. In reality, the market is not so simple, and more than 90%
traders suffered a setback on it. By trading the need to find market
unusual approach. For this useful A2SR. In this world, nothing is
too easy, especially with regard to market prospects. Trading on
the market always involves risk. Start by learning the principles of operation
A2SR program and forget about conventional methods of trade. Start
sell from the top of a wave of buying from the bottom, because it is the first
a great opportunity to recognize the change in trend before it can
make the most of the traders using lagging indicators.

This indicator is most useful:

1. Professional traders who bothered to look for support / resistance levels to draw up a trading plan.
2. Traders who do not want to deal in thousands of combinations of indicators, which are in fact late and redrawn.
3. Traders who want to restore your account.

Features

1. Showing real support and resistance on the chart.
2. Showing breakout patterns and to determine the most severe levels of support / resistance near the trend line.
3. The current state of the trend.
4. USDx and EURx work for H1, H4, D1 and W1.
5. Overbought and oversold.
6. The calculation of the price range for H4, D1 and W1 in pips.
7. Automatic Fibonacci levels (standard and optimized coefficients).

How to deal with Support / Resistance

1. The indicator shows the future support and resistance levels yet
   before the price reaches this level. By indicator A2SR,
   automatically in real time and find support levels
   resistance, you will always have enough time to evaluate the
   current market situation for the Swing-trade, during the week
   medium and long term and even for intraday
   trading (scalping).
2. Any line below the current price is the support, the line above
   the current price is the resistance. Regardless of the
   timeframe A2SR always shows all the support / resistance levels with
   older periods. A2SR advantage is that it provides an opportunity
   create a wave of trends for each level of support and resistance.
3. It is assumed that the price will rise and fall on the support of
   resistance. It should be borne in mind that the price will rise sharply after
   it reaches the level of support and fall sharply after reaching a level
   resistance. The most effective strategy is to A2SR
   Limit and Stop Buy Limit on a strong level of support and
   Sell ​​Limit level of strong resistance.
4. Line support / resistance can be used to confirm the breakout or rebound.
5. The details in the comments and user manual (in English) and a general description.
6. In the blog you can also find an example of drawing up a trading plan (swing trading, in English)

https://www.mql5.com/en/blogs/post/663662, https://www.mql5.com/en/blogs/post/667059

Important

Before applying A2SR on the chart, please update schedule once on each timeframe (M1, M5, M15, H1, H4, D1, W1 and MN)
since A2SR indicates support / resistance levels on a larger
timeframe, while we use smaller. also include
option "Show object descriptions" in the chart properties.