The Ichimoku SuppRes AD Indicator for MT4 is a powerful tool that combines the classic Ichimoku indicator with fractals to plot dynamic Support And Resistance levels. Designed for the MetaTrader 4, it provides traders with multiple intraday trading opportunities aligned with prevailing market trends.
By merging Ichimoku’s trend signals with fractal-based support and resistance, this indicator helps traders anticipate breakout points and identify high-probability entries and exits.
How the Ichimoku SuppRes AD Indicator Works
The indicator displays:
- Red Lines – Resistance levels
- Blue Lines – Support levels
- Optional Fractals – Can be enabled for added breakout confirmation
Traders can enhance signals by overlaying the Ichimoku indicator on the chart, combining cloud trends with support and resistance breakouts.
This combination allows traders to trade in the direction of the trend with clear visual cues for stop loss and profit placement.
Ichimoku SuppRes AD Trading Strategy
The core strategy focuses on trend alignment and breakout confirmation:
Bullish Setup
- Trend: Price is above the Ichimoku cloud
- Signal: Price breaks a resistance line
- Entry: Open a buy trade after the breakout
- Stop Loss: Below the previous swing low or next support level
- Take Profit: Use a favorable risk-reward ratio
Bearish Setup
- Trend: Price is below the Ichimoku cloud
- Signal: Price breaks a support line
- Entry: Open a sell trade after the breakout
- Stop Loss: Above the previous swing high or next resistance level
- Take Profit: Target levels based on risk-reward considerations
By trading support and resistance breakouts in the direction of the Ichimoku trend, traders can capture intraday momentum effectively.
Key Features and Benefits
1. Trend-Aligned Trading Signals
Combines Ichimoku trend detection with support/resistance breakouts.
2. Intraday Scalping Tool
Optimized for short-term trading with fractal signals.
3. Clear Visual Display
Red and blue lines make it easy to spot key levels.
4. Flexible Across Timeframes
Works on all chart timeframes, with optimal results for intraday setups.
5. Beginner-Friendly
Simple visual cues for support, resistance, and trend direction.
Why Use the Ichimoku SuppRes AD Indicator for MT4?
Support and resistance levels are crucial for identifying high-probability trades. By combining these levels with Ichimoku’s trend analysis, traders gain a structured approach to enter the market in line with momentum. The indicator is particularly useful for scalpers and intraday traders who need real-time breakout signals.
Conclusion
The Ichimoku SuppRes AD Indicator for MT4 is an effective and visually intuitive tool for scalpers and intraday traders. By merging Ichimoku trends with fractal-based support and resistance levels, it provides actionable signals for trading breakouts with defined risk. Download the Ichimoku SuppRes AD Indicator today to enhance your intraday trading strategy.
