"Resistance Support Indicator" triangle, wedge, symmetric triangle, support line, resistance line, etc. are detected!
Visualize the y-jya ← “stop, exit, don’t touch yet”
Regis Support & Pattern General Indicator
Discretionary trading is said to be a world of intuition,
but what is truly important is not intuition
“where price ranges have accumulated orders”this fact.
This product visualizes that on the chart and
is designed to organize criteria for entries, profit-taking, and exits.
Why do Recto Support, triangle consolidation, and wedges “work”?
They are not just shapes in appearance,
there is market structure behind them:
- Accumulated orders(concentrated execution points)
- Concentration band of stop-loss(prone to run through when breached)
- Concentration band of profit-taking(prone to reversal)
- Institutional lot division(easier to form shapes)
- Common time-frame recognition(daily lines are especially strong)
In other words, the chart shape
is the result of “price × orders × time”being expressed,
so it carries meaning beyond its appearance.
Resistance line
Profit-taking / additional shorts / areas where sellers accumulate
Support line
Buying support / additional longs / profit-taking zones for shorts
Wedge / triangle consolidation
Lot splitting → convergence → release in one direction
Channel
Visualize the market’s “breathing” during trends
▼ In which situations this indicator is most useful?
The answer is simple, in the following three:
- Preparation before a breakout（triangle consolidation / wedges）
- Checking whether the price will stop（touch of support/resistance）
- Decision not to touch yet（when line density is high）
In particular, ③ is important, and beginners in discretionary trading
tend to slip into a market they should not touch and lose.
▼ Timeframes change the role
- Daily：Overall market sentiment (the strongest)
- 4-hour：Sets the direction
- 1-hour：Assemble the strategy
- 5–15 minutes：Entry timing
Since this product draws using the same rules on any timeframe,
connecting timeframes becomes very easy.
▼ Why it becomes more powerful with GOLD or cross JPY
These currencies have
high volatility and frequent stop-hunts,
so the accuracy of support-resistance directly affects win rate and expectancy.
▼ Suitable for which traders
In short, this product handles the core of discretionary trading
“pre-processing of decisions”.
“pre-processing of decisions”.
※This tool is for drawing assistance and does not perform automatic buy/sell decisions.
※Please use it in accordance with your own trading method.
※Please use it in accordance with your own trading method.
※This is a product for online communities※
“Regis Support Indicator” detects triangles, wedges, consolidation patterns, support lines, and resistance lines!
■ How to use the indicator
It detects resistance lines and support lines.
It also detects triangle consolidations. When a triangle consolidation breaks upward, it can rise sharply!
If it breaks downward from an ascending parallel channel, a sharp decline may follow.
If the red trendline above the current candlestick is broken upward, it may rise significantly.
In this case, buy at touch of the support line and sell at touch of the resistance line.
When the triangle consolidation breaks upward, it rises sharply.
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Indicator Features
- Available on all timeframes and all currencies.
- Available for MT4.
- When resistance and support lines display cleanly, sell at resistance and buy at support.
- During consolidation of triangle patterns, the price breaks decisively in one direction, so enter in the breakout direction. In large breakouts, riding the initial move can yield substantial profits!
Hiro
Born in 1970 (55 years old)
Trading experience: 15 years
Occupation: Company management
Greetings
Nice to meet you.
I am a company manager in my fifties,
and I have been trading FX as a side job for over 10 years.
I think about and implement the mechanism to make money,
and making results is my life’s work.
“By myself” “with effort” “achieving results”
joy and satisfaction cannot be replaced by anything else.
I am a company manager in my fifties,
and I have been trading FX as a side job for over 10 years.
I think about and implement the mechanism to make money,
and making results is my life’s work.
“By myself” “with effort” “achieving results”
joy and satisfaction cannot be replaced by anything else.
And because I want more people to experience the joy of “getting results,” I decided to sell this time.
This is a sale because I want to hear many voices saying, “I got results!” please feel free to reach out.
Origin of the development of “Regis Support Indicator”
Besides being a business owner, people often ask why I even do FX,
and the answer is simple: I simply love making money.
Not just money, but loving the act of making money,
and thinking up a mechanism to make money is my hobby and practical gain.
If traced back to my student days, starting a part-time job was the beginning of my money obsession.
That moment sparked everything.
and the answer is simple: I simply love making money.
Not just money, but loving the act of making money,
and thinking up a mechanism to make money is my hobby and practical gain.
If traced back to my student days, starting a part-time job was the beginning of my money obsession.
That moment sparked everything.
Yet from that time I felt, “I am not suited to work under a boss, unjustly scolded, or salaries exploited.” After college, I couldn’t immediately start a company, but ultimately I wanted a profession where I bear all responsibilities and receive all profits myself.
Therefore, in job hunting I chose a company where if I achieved sales targets in three years, I could independently acquire clients and become self-employed. I worked like crazy and achieved the goal in three years.
I started my own business in my 20s, and now, with employees and as a corporation, more than 25 years have passed.
Because I have a fondness for earning money and thanks to that, management has been smooth.
However, the desire to earn did not stop at the main job, and I started side businesses quite early.
I tried many money-making ventures—network marketing, stocks, investment trusts, futures, affiliate marketing, blogging, reselling—but felt, “This isn’t it.”
I like exerting effort, I am curious, and I hate being constrained by anything.
I reconsidered how I wanted to work and earn money,
- Possible to increase income in my ideal way
- Real-time understanding of global economics to deepen knowledge
Thus, I seriously started developing indicators myself.
Fortunately, having a nearby programmer, I began studying independently and analyzed hundreds of indicators, both paid and free, domestic and international. Still, many were built on complex systems, and misusing them could lead to losses rather than profits.
“The simplest, easiest-to-use indicators are the strongest.”
With that idea, I developed indicators for myself with a focus on being easy to understand and simple for beginners.
As a result, today I use the “Regis Support Indicator” on a real account and continue to win.
How to ensure you work where effort is needed?
There are many aspects to both primary and side businesses.
If you work hard, you can earn more.
FX requires effort and learning as well.
However, mastering a difficult system’s operation without clear benefit is a waste of time.
What matters is learning about world events and the trades themselves.
If you work hard, you can earn more.
FX requires effort and learning as well.
However, mastering a difficult system’s operation without clear benefit is a waste of time.
What matters is learning about world events and the trades themselves.
By sharing a profitable mechanism with others, more people can use time efficiently, which is my joy.
Please obtain an easy-to-understand indicator and make use of your time, effort, and future effectively!
Please obtain an easy-to-understand indicator and make use of your time, effort, and future effectively!
We would be grateful if you enter from the online community inside GoGoJyan’s My Page.