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Trading IndicatorMQ5Version 1.0.01 downloads

Confluence Support & Resistance Zones Indicator

This free MetaTrader 5 indicator helps traders identify stronger support and resistance zones by looking for confluence between the current chart timeframe and a higher timeframe. Instead of drawing every possible level, it focuses on zones where lower-timeframe and higher-timeframe structure overlap.

MT5Support & ResistanceForexIndicator

What this tool does

The indicator scans the market for support and resistance zones where the current timeframe and higher timeframe overlap. These areas are treated as confluence zones because more than one timeframe is pointing to the same price area.

Candle-close logic

The tool only checks respect and violation after a candle has closed. This helps reduce false reactions caused by live candle movement. A wick through a zone does not automatically break the zone.

Timeframe mapping

The higher timeframe is selected automatically based on the chart timeframe you are using.

Current timeframeHigher timeframe
M1M15
M5M30
M15H1
M30H4
H1D1
H4W1
D1MN1

Key features

  • Automatically detects swing highs and swing lows.
  • Compares current timeframe zones with higher timeframe zones.
  • Draws only areas where support or resistance overlaps.
  • New zones start with a lighter shade.
  • Zones become darker when price respects them.
  • Zones stop extending once a closed candle violates them.
  • Respect and violation logic is checked only after candle close.
  • Includes optional popup and push alerts.

What traders can expect

  • Cleaner support and resistance zones.
  • Less chart clutter compared to drawing every level manually.
  • A visual way to see which zones have been respected more often.
  • Better planning areas for possible entries, exits, or confirmations.
  • No guaranteed signals or profit promises.

Zone strength system

When a zone is first created, it appears in a lighter shade. As price respects the zone, the zone becomes darker. This gives you a quick visual way to see which zones have been respected more often.

If price closes beyond the zone, the indicator stops extending the zone at the candle that violated it. This helps keep your chart cleaner and prevents broken zones from looking active.

Inputs

ATR Period

Controls the ATR calculation used to estimate the width of each zone.

ATR Multiplier

Controls how wide or narrow the support and resistance zones are.

Max Zone Respects

Controls how many times a zone can darken before reaching full strength.

Existing Zone Overlap

Controls how much a new zone must overlap an existing one before it is treated as the same zone.

Zone Merge Tolerance Points

Controls how close two zones can be before they are considered similar.

Enable Alerts

Turns MetaTrader popup alerts on or off when a zone is respected.

Enable Push

Turns mobile push notifications on or off.

Recommended use

  • Use it with market structure.
  • Check the higher timeframe trend before taking trades.
  • Wait for candlestick confirmation around zones.
  • Use proper risk management on every trade.
  • Test it on demo before using it on a live account.

Important disclaimer

This tool is provided for educational and research purposes only. It is not financial advice. Trading forex, indices, commodities, crypto, or any financial market involves risk. No indicator can guarantee profits or prevent losses. Always test the tool on a demo account before using it on a live account.

Download this tool

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