Resistances and Support MT4
by Mohamed Amr Mohamed Osama Abdelwahab · MT4
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Summary
Resistance and Support Levels by David Muriithi is an MT4 indicator with a 5/5 rating listed on FxRobotEasy; price and verified performance stats are not available. The indicator prioritizes clear horizontal zones and simple decision points, suited to traders who use price-action and level-based entries. Comparable tools offer timing, multi-timeframe trend, scanning, currency strength and intraday MACD approaches. Currency Strength Meter Pro for MT5 ($78) and MACD Intraday Trend PRO ($77) add paid alternatives; other items show price N/A. All items lack verified stats. Remember broker spreads, execution rules and drawdown risk; FxRobotEasy independently reviews each product.
Traders compare Resistance and Support Levels with alternatives to find the best fit for their edge, time frame and risk tolerance. Level-based indicators can be simple and visually intuitive, but other tools provide complementary information such as session timing, multi-timeframe trend confirmation, price-action scanning, currency strength and intraday momentum. Differences in platform compatibility, licensing costs, broker execution rules, spread sensitivity and drawdown exposure mean an indicator that works for one trader may not suit another. This comparison helps retail traders weigh features, fit and operational realities before testing on demo accounts and following sound risk management.
| Metric | Resistance and Support LevelsMain Product | Trendopedia Ai Our bot | Resistances and Support MT4 | Request | ResitPro | RenkoVPEurUsd |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | N/A | N/A | 0.0 |
| Price | N/A | $149 | $30 | $140 | $1980 | N/A |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Resistance and Support Levels, authored by David Muriithi for MT4, is a focused indicator that maps horizontal support and resistance zones with clarity. Strengths include straightforward visuals, minimal configuration and direct applicability to price-action strategies and level-based entries. It earns a 5/5 listing on FxRobotEasy, but price is listed as N/A and no verified performance statistics are available. Weaknesses include reliance on static levels that may be less effective in trending or news-driven markets, and limited automation or multi-timeframe features. Platform realities matter: tight broker spreads and low slippage improve level trading, while high spreads or latency increase false breakouts and drawdown risk. This product suits traders who prefer manual analysis, clear decision points and MT4 compatibility; it pairs well with strict risk controls and demo testing. FxRobotEasy independently reviews this and all compared products; results should not be interpreted as performance guarantees.
by Mohamed Amr Mohamed Osama Abdelwahab · MT4
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Resistance and Support Levels is a clear, no-frills MT4 indicator that suits traders who prefer level-based, price-action entries and manual trade management. Its 5/5 listing on FxRobotEasy reflects product recognition, but price information and verified performance stats are not available. Alternatives add timing, multi-timeframe confirmation, automated scanning, currency strength or momentum signals; two paid options cost $78 and $77 respectively. No indicator removes broker realities: watch spreads, execution rules and drawdown risk, and always test on demo accounts. FxRobotEasy independently reviews all products and also offers verified bot solutions for traders seeking managed alternatives.
Whether it is worth buying depends on your trading style. The indicator is simple and well suited to price-action traders who rely on clear horizontal levels, but price and verified performance stats are not available. Test on a demo account, confirm compatibility with your MT4 setup, and assess how broker spreads and execution affect level-based entries before committing capital.
The best alternative depends on the gap you want to fill. For timing, Haven Candle Timer Countdown helps avoid premature entries. For trend confirmation, MTF Trend Monitor or MACD Intraday Trend PRO add momentum filters. For scanning price-action opportunities, STRAT Price Action Scanner automates discovery. For pair selection and strength bias, Currency Strength Meter Pro for MT5 helps pick strong-versus-weak pairs. All alternatives have 5/5 ratings but lack verified performance stats, so demo testing is advised.
Account for broker spreads, slippage, execution policies and available instrument lists. Level-based and intraday tools are especially sensitive to wide spreads and latency. Use demo testing to measure slippage, apply realistic stop placement, size positions to acceptable drawdown limits, and avoid trading during high-impact news unless your rules account for increased volatility.
While evaluating Resistance and Support Levels and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades