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Waddah Attar Super Support & Resistance Indicator (MT4)

    The Waddah Attar Super Support & Resistance indicator for MT4 draws interesting support and resistance levels on the chart.

    The indicator updates all levels automatically for any time frame.

    Support & resistance levels can be used in multiple ways, for example to identify entry points in trending markets.

    After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown below.

    Key Points

    • Displays support & resistance levels
    • Dynamically updates all levels for any time frame
    • Versatile technical indicator
    • Well worth adding to your indicator collection

    This indicator can work together with any existing trading strategy or system for both trade entry and exit.

    Free Download 

    Download the “Waddah_Attar_Super_Support_Resistance.mq4” indicator

    Indicator Example Chart

    The EUR/USD 1-hour chart below shows the Waddah Attar Super Support & Resistance indicator in action.

    Basic Trading Signals

    Signals from the Waddah Attar Super Support & Resistance indicator for Metatrader 4 are easy to interpret and goes as follows:

    BUY:

    • During rising markets, open a buy trade when price touches support. Confirm the buy trade with other technical tools.
    • Place stop loss below the previous swing low level.
    • Take profit at a risk-to-reward ratio of at least 1.5 or better.

    SELL:

    • During falling markets, open a sell trade when price touches resistance. Confirm the sell trade with other technical tools.
    • Place stop loss above the previous swing high level.
    • Take profit at a risk-to-reward ratio of at least 1.5 or better.

    Download This Forex Indicator

    Download the “Waddah_Attar_Super_Support_Resistance.mq4” MT4 indicator

    Adjustable Parameters & Settings

    Step, support range, resistance range, strong level, hidden level, RSI level, pivot level, Camarilla level

    Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.

    More Info About This Indicator

    Currency Pairs: works on any currency pair

    Trading Platform: developed for Metatrader 4 (MT4)

    Time Frames: works on any time frame

    Indicator Type: support & resistance

    How to install the Waddah Attar Super Support & Resistance indicator in Metatrader 4?

    • Copy and paste the Waddah_Attar_Super_Support_Resistance.mq4 indicator into the MQL4 indicators folder.
    • You can access this folder from the top menu as follows:
    • File > Open Data Folder > MQL4 > Indicators (paste here)

    How to remove the indicator from the chart?

    • Right click in the chart
    • Select indicators list
    • Click on the indicator’s name
    • Click on the delete button
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