MetaTrader 5 indicator · version 10.0

Automatic support and resistance trendlines for Gold and Silver.

Gold Silver Trendline Ultra scans M1, M5, M15, H1, H4 and D1 at the same time, keeps the support and resistance lines with the most price touches, and labels each one live so you can see whether price is bouncing, breaking or holding. It does not repaint and it does not place trades.

Get it on MQL5 Rent from $100/mo
  • 6 timeframes
  • No repaint
  • ATR-based tolerance
  • Read-only
XAUUSD M5 chart with multi-timeframe trendlines and live labels reading BOUNCE UP > BUY, BROKEN > BEARISH > SELL and ABOVE > BULLISH
XAUUSD M5 with the indicator attached. Screenshot from the published product.
Works on XAUUSD · Gold XAGUSD · Silver Any liquid symbol MyFxBook track record
Features

What the indicator does

Each line is selected by counting price touches, so the levels do not depend on how you draw them.

Six-timeframe scan

M1, M5, M15, H1, H4 and D1 are analyzed together. Where lines from different timeframes meet, you see the confluence directly on the chart.

Zigzag pivots

Swing highs and lows come from a zigzag pass on each timeframe, so pivot selection stays consistent instead of manual.

Touch counting

A line must be touched at least the minimum number of times, 3 by default. Only the most-touched support and resistance per timeframe are kept.

ATR tolerance

Touch tolerance is a multiple of ATR, 0.3 by default, so the same settings behave sensibly in quiet and volatile sessions.

Live labels

Each line carries a label such as BOUNCE UP > BUY, REJECTED > SELL or AT SUPPORT > WATCH, refreshed as price moves.

No repaint

Lines are rebuilt when a new bar opens. Existing historical lines stay where they were, and labels update every few ticks.

Setup

From install to first signal

1

Attach it

Buy or rent on the MQL5 Market and the indicator installs into MetaTrader 5. Drag it onto XAUUSD, XAGUSD or another liquid symbol.

2

Let it scan

The indicator finds zigzag pivots, counts touches and draws the strongest support and resistance for each enabled timeframe, color coded and extended as rays.

3

Read the labels

The label on each line states its current condition, giving you objective reference levels for your own entry rules.

Timeframes and labels

Colors per timeframe, states per line

Each timeframe has its own color. The label text tells you the live state of that level.

M1 M5 M15 H1 H4 D1
BOUNCE UP > BUY
BROKEN > BULLISH > BUY
ABOVE > BULLISH
AT SUPPORT > WATCH
REJECTED > SELL
BROKEN > BEARISH > SELL
BELOW > BEARISH
AT RESISTANCE > WATCH
Settings

Parameters you control

Detection and appearance are both configurable from the inputs tab.

  • Turn any of the six timeframes on or off
  • Zigzag sensitivity, which sets pivot density
  • Minimum touches for a line to qualify
  • Touch tolerance as a multiple of ATR
  • Line color per timeframe and line width
Full specifications on MQL5
Indicator inputs for timeframe toggles, zigzag sensitivity, minimum touches, ATR tolerance and per-timeframe colors
Pricing

Rent first, buy when you are ready

Payment and licensing are handled by the MQL5 Market.

Rent

from $100/month

Test the indicator on your own broker and charts before committing to a license. Rental periods are set on MQL5.

  • All features while rented
  • Suitable for forward testing
  • Manage or cancel from your MQL5 account
Rent on MQL5
Lifetime

Buy

$10,000one-time

A perpetual license for traders who want the indicator in their setup permanently.

  • Lifetime license and updates
  • Activations follow MQL5 Market rules
  • Support from the author
Buy on MQL5
FAQ

Common questions

Does it repaint?

No. Lines rebuild only when a new bar opens, and labels refresh every few ticks. Historical lines are not redrawn after the fact.

Which symbols does it work on?

It is tuned for XAUUSD and XAGUSD. The method is symbol independent, so it also runs on other liquid instruments.

MetaTrader 4 or 5?

MetaTrader 5 only. The MQL5 Market installs it for you.

Does it place trades for me?

No. It is a read-only indicator. It draws levels and labels; execution and risk stay with you.

Can I change the detection?

Yes. Timeframe toggles, zigzag sensitivity, minimum touches, ATR tolerance, colors and width are all inputs.

Where do I get support?

Use the product page comments or message the author on MQL5. A public MyFxBook record is linked on this page.

Developer

Jignesh Gond

Jignesh builds MQL5 Expert Advisors and indicators with a focus on Gold. He maintains Gold Silver Trendline Ultra and related analysis tools.

MQL5 profile MyFxBook View product

Test it on your own charts

Rent a month, run it on your broker, and judge the levels yourself.

Get Gold Silver Trendline Ultra