KL Period Support And Resistance Metatrader 4 Indicator

An easy to read forex support and resistance trading indicator based on the KLPeriod. The red line represents resistance, the green line represents support.

Trading Signals

In up trends: buy a break above the red resistance line. Look to buy near support.
In down trends: sell a break below the support line. Look to sell near resistance.
Flat markets: look to buy near support / look to sell near resistance.

Download

Download the #FPL-SR Metatrader 4 indicator.

Configurable Indicator Options

KLPeriod

EUR/USD Hourly Chart Example

support-resistance-mt4-indicator

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