The Givonly SnR SnD Indicator for MT5 is an essential tool for forex traders who want to visualize higher timeframe support and resistance levels on lower timeframe charts. The indicator automatically plots hourly, daily, and weekly support and resistance lines, making it easier to identify potential pivot points and supply and demand zones for profitable trades.
This MT5 indicator uses the principles of support and resistance (SnR) and supply and demand (SnD) to highlight key trading zones. Support and resistance lines are critical in technical analysis, providing clear entry and exit points with minimal risk.
Support Lines: Displayed in blue, indicate areas where buyers may enter the market.
Resistance Lines: Displayed in red, mark areas where sellers may take control.
The indicator works seamlessly on all intraday charts, including H1, H4, daily, weekly, and monthly charts, making it suitable for both beginner and advanced traders.
Enter a buy trade when the price touches a support line.
Place a stop-loss just below the recent swing low.
Target the next resistance line as your take-profit level.
Enter a sell trade when the price reaches a resistance line.
Place a stop-loss just above the recent swing high.
Target the next support line for profit.
Support and resistance levels become stronger when multiple timeframes align or when prices repeatedly touch and bounce off these levels. Traders can also enhance their strategy by combining Fibonacci levels with the plotted support and resistance lines, creating a stronger confluence zone for trade entries.
Automatic Plotting: Eliminates manual drawing of support and resistance levels.
Multiple Timeframes: Supports intraday, daily, weekly, and monthly charts.
Beginner-Friendly: Simple and easy-to-use tool for identifying critical trading zones.
Advanced Strategies: Suitable for advanced traders using trendline, breakout, and divergence strategies.
The Givonly SnR SnD Indicator for MT5 is a versatile tool for forex traders seeking accurate support and resistance levels along with supply and demand zones. By using this indicator, traders can focus on trading execution instead of manually drawing lines. It is free to download, easy to install, and ideal for both beginners and experienced traders looking to improve trade accuracy.
Published:
Nov 26, 2025 23:23 PM
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