Free MT4 and MT5 Support & Resistance Indicators
Support & Resistance indicators map the prices where MT4 and MT5 charts have already turned, so the next approach to a floor or a ceiling can be planned before price gets there. A level matters because enough traders watch it, which is why horizontal levels sit at the heart of technical analysis.
Horizontal tools draw a line or band at each confirmed swing high and swing low and count how many times price has touched it. Strength-scored tools fade weak levels and thicken strong ones, judging touches, age and the size of each reaction. Channel and trendline tools give sloping support and resistance that rises or falls with the trend, and psychological tools mark round numbers such as 1.2000 on GBPUSD or 100.00 on USDJPY. Higher-timeframe tools carry weekly and monthly levels onto intraday charts, so an H1 trader sees the daily ceiling waiting above.
A clean close through a level, followed by a retest from the other side, turns old resistance into support, while a quick spike that falls back inside is a trap for breakout buyers. Levels packed close together act as one zone, and gold, oil and indices need wider zones than the major currency pairs. Each free indicator here draws its levels from MQL4 code in an .ex4 file on MetaTrader 4 and from MQL5 code in an .ex5 file on MetaTrader 5, and the same page holds the full install guide. Swing traders mark levels on D1 and W1 and act on them from H4, while scalpers use the same lines as profit targets.
