NxBreakout - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

The indicator draws support and resistance lines defined by the maximum and minimum values ​​of the last N bars.

Indicator input parameters:

 //+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Input ENUM_TIMEFRAMES time range = PERIOD_D1 ; // chart period
Enter units start column = 1 ; // start analyzing column
Input unit number of bars = 5 ; // number of bars for analysis
//---
Input color color_R= clr medium sea green ; // Resistance level color
Input style Style_R=SOLID_; // Line style of resistance level
Input width Width_R=Width_2; // line width of resistance level
//---
Input color color_S= red blood cells ; // support color
Input style Style_S=SOLID_; // Line style of support level
Input width Width_S=Width_2; // Line width of support level

The indicator was originally written in MQL4 and first published in the code base of mql4.com on September 25, 2007.

Attachment download

📎 nxbreakout.mq5 (7.87 KB)

Source: MQL5 #2211