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Old 04-27-2006, 04:31 AM
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Gaz, i've been longing for the support/resistance indicators for ages. Please post the one you like. See if we can make the best use of it for breakout system.
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Old 04-28-2006, 05:22 AM
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I think he was talking about this one : ( personnaly this one is my favorite )
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File Type: mq4 Support and Resistance (Barry).mq4 (1.5 KB, 15 views)
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Old 04-28-2006, 07:37 AM
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Thanks man. Cool! Just what i'm looking for.

I like line style instead of dots, so I modified it a little bit.

Just found out that it use Fractals indicator to move support/resistance line. If you attach the Fractals, you'll see the correlation.
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File Type: mq4 Support and Resistance (Barry) Line.mq4 (1.5 KB, 11 views)
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Old 04-30-2006, 03:32 PM
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I've been playing around the support & resistance (Barry) all day today. I came up with a holygrail system, but i later found out that Fractals indicator repaints the past 3 bars, so does the S/R (Barry).

So the bottom line: S/R (Barry) is as bad as ZigZag. It looks so good when plotted over historical data, but in real time it's...
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Old 04-30-2006, 10:01 PM
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I took screenshots as time went to find out how it worked. I found that if it breaks the support or resistance at the second dot (or candle) it'll keep breaking it
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Old 05-01-2006, 02:20 AM
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I went ahead re-coding everything from the ground up. http://www.fxfisherman.com/forums/showthread.php?t=436
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