The "Resist Support Indicator" identifies patterns such as triangles, wedges, symmetrical triangles, support lines, and resistance lines!
Visualize “Stop・Bounce・Don’t touch yet”
Resistance & Pattern Comprehensive Indicator
Discretionary trading is said to be a world of intuition,
but what actually matters is not intuition
“where price ranges have order interest”as a fact.
This product visualizes that on the chart and
is designed to organize the criteria for entry, take profit, and retreat.
Why are resistance/support, triangles, and wedges “effective”?
These are not merely shapes in appearance,
they are underpinned by the following market structures:
- Accumulation of orders(concentrated execution points)
- Concentration zone of stop losses(prone to rapid moves once breached)
- Concentration zone of take profits(prone to reversals)
- Institutional lot splitting(facilitates pattern formation)
- Common recognition of timeframes(daily chart lines are especially strong)
In other words, chart shapes are
the result of “price × orders × time”being manifested,
and thus carry meaning beyond mere appearance.
Resistance line
Take profit / Add to shorts / Area where sellers accumulate
Support line
Buying support / Add to longs / Take profit zone for shorts
Wedge / Triangle consolidation
Lot splitting → convergence → release to either side
Channel
Visualize the market’s “breath” during trends
▼ In which situations is this indicator most useful?
The answer is simple, in the following three cases:
- Before a breakout (triangle/wedge)（triangle/wedge consolidation）
- Confirming whether it will stop（touching resistance/support）
- Deciding not to act yet（when line density is high）
In particular, case ③ is important, and beginners in discretion often
lose by stepping into a “market you should not touch.”
▼ Roles vary by time frame
- Daily: Overall market sentiment (strongest)
- 4-hour: Determines direction
- 1-hour: Builds strategy
- 5–15 minutes: Entry timing
This product draws on the same rules across all timeframes,
making the connection between timeframes very easy.
▼ Why it is powerful when used on GOLD and cross-yen
These currencies have
high volatility and frequent stop hunts,
so the accuracy of resistance/support directly affects win rate and expectancy.
▼ Suitable traders
- People aiming for breakouts
- People targeting pullbacks/retracements
- People drawing lines by discretion
- People seeking range on GOLD / cross-yen
- People who want to strengthen the “don’t touch yet” judgement
In other words, this product handles the core of discretion,
“pre-processing of judgment”.
“pre-processing of judgment”.
※This tool is a drawing aid and does not perform automated trading decisions.
※Please use according to your own method for final judgments.
※Please use according to your own method for final judgments.
※This is an online community product※
The “Resist-Support Indicator” identifies triangles, wedges, consolidation patterns, support lines, resistance lines, and more!
■ How to use the Indicator
It identifies resistance lines and support lines.
It also identifies consolidation triangles. In such cases, when the consolidation breaks upward, prices rise sharply!
If an ascending parallel channel is broken downward, prices may fall significantly from there.
If the red trend line above the current candlestick is broken upward, prices rise sharply.
In this case, buy at touch of the support line and sell at touch of the resistance line.
Breaking upward from a consolidation triangle leads to a strong rise.
Features of the Indicator
- Available for all timeframes and currencies.
- Available on MT4.
- When resistance and support lines are cleanly displayed, sell at resistance and buy at support.
- During consolidation in triangles, prices break in one direction, so target the breakout direction for entry. In large breakouts, riding the initial move can yield big profits!
Hiro
Born 1970 (55 years old)
Trading experience: 15 years
Occupation: Company management
Greetings
Nice to meet you.
I am a seasoned business owner in my 50s,
and have been trading FX as a side business for over 10 years.
Working out how to make money, implementing it,
and delivering results is my life’s work.
To “do it on my own power,” “put in effort,” and “get results”
is something I cannot replace with anything else.
I am a seasoned business owner in my 50s,
and have been trading FX as a side business for over 10 years.
Working out how to make money, implementing it,
and delivering results is my life’s work.
To “do it on my own power,” “put in effort,” and “get results”
is something I cannot replace with anything else.
And because I want more people to experience the joy of “getting results,” I decided to sell this time.
This is sold to hear from many of you that you achieved results, so please share your feedback.
Development background of the “Resist-Support Indicator”
As a business owner,
people often ask why I even do FX,
and the answer is that I simply love making money.
I love not money itself but the act of making money,
and creating a system to profit is my hobby and merit.
If you trace back, it began with a part-time job in college,
and that exposure to earning money was the spark for everything.
people often ask why I even do FX,
and the answer is that I simply love making money.
I love not money itself but the act of making money,
and creating a system to profit is my hobby and merit.
If you trace back, it began with a part-time job in college,
and that exposure to earning money was the spark for everything.
Yet from those times I felt I wasn’t suited to being managed by bosses, unfairly scolded, or having salary exploited. After university, I couldn’t start a company immediately, but ultimately I wanted a job where I bore all responsibility and earned all profits myself.
So in job hunting I chose a company where, if I achieved sales targets in three years, I could become independent with clients I had acquired. I worked desperately and achieved the goal in three years.
I started my own business in my 20s, and now I employ staff, formalize the company, and it has been over 25 years.
Because I love earning money, management has been smooth.
However, the desire to earn did not stay within the main job, so I started a side business quite early.
I tried many avenues—network marketing, stocks, mutual funds, futures, affiliate marketing, blogging, and retail arbitrage—but felt, “This is not it.”
I love effort, I am curious, and I hate being bound by anything.
So I reconsidered how I wanted to work and earn money,
- Possible to increase income in line with my ideals
- Be able to learn in real time what is happening in the world economy
Then I seriously began developing indicators myself.
Fortunately, having a nearby programmer, I began a self-study development, analyzing hundreds of indicators regardless of locale. Yet many were built on complex mechanisms and could cause losses if used incorrectly.
“Clear, easy-to-use indicators are the strongest.”
With that mindset, I developed indicators for myself, prioritizing simplicity and ease of use for beginners.
As a result, I currently use the “Resist-Support Indicator” on a real account and continue to win.
How to work hard where it counts?
There are many jobs, both main and side,
and with effort you can earn.
FX also requires learning through effort.
However, mastering a difficult system through hard work may waste time.
What matters is learning about global events and trading itself.
and with effort you can earn.
FX also requires learning through effort.
However, mastering a difficult system through hard work may waste time.
What matters is learning about global events and trading itself.
By sharing a profitable system with others,
more people can use time efficiently, which is my joy.
Please obtain a clear indicator and use it to make the most of your time, effort, and future!
more people can use time efficiently, which is my joy.
Please obtain a clear indicator and use it to make the most of your time, effort, and future!
We would be glad if you join from the online community inside GoGoJIAN’s My Page.
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