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Support and Resistance Level Indicator - TrueTL 2.0

2017-04-18

We are happy to announce the 2.0 version of our indicators. From now on our indicator package is a more complete solution for professional and traditional trading because we added the most requested and long-awaited indicator and feature:


True S/R Level Indicator is released: this indicator draws all support and resistance levels on the main chart with more advanced algorithm than the fractal based solutions. It has multi timeframe ability, alert functions, candle body or high/low option, line chart and offline chart compatibility and much more. More details, settings and screenshots on the True Support and Resistance Level Indicator page.


Backtesting ability for all indicators: from now on all indicators contain this function what you may know from the True Trendline indicator. If the auto-scroll is disabled in MT4, and the Auto Refresh is disabled in the indicator's settings too, you can scroll back the chart, and the "[TrueTL] Calculate" script will draw all past trendlines until the last visible candle (Example Video).


New Trailer Video:




You can find the changelog on the UPDATE page where our customers can download the latest versions. You can find all of our FREE and paid indicators on the INDICATOR page.




Risk warning

Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency.

Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose.

In addition, trading on a margin basis means that any market movement will have a proportionate effect on your deposited funds. This can work for you as well as against you. The possibility exists that you could sustain a total loss of initial margin funds.

Risk Warning