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Synergy Pro ASR Indicator

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Synergy Pro ASR Indicator

Synergy Pro ASR indicator for mt4 – download free. Best support and resistance mt4 indicator. Accurate trend reversal indicator for mt4.

The Synergy Pro ASR indicator for MetaTrader is a forex indicator that identifies the potential support or resistance zone of the price. It highlights the recent swing points of the price which tend to act as a dynamic support or resistance zone.

This technical indicator comes with dotted lines colored in sea green and salmon to depict resistance and support levels, respectively. It is recommended for trend reversal and breakouts traders to identify potential reversal or trend continuation setup.

Furthermore, the Synergy Pro ASR indicator is suited for different classes of forex traders like beginners, intermediate, and advanced traders. Moreover, it may also be used to identify potential setups for scalping, day/intraday, and swing trade opportunities.

How to Trade With Synergy Pro ASR Indicator

The above screenshot depicts how the indicator would look on your MT4 chart. It also illustrates how to identify a high-probability trade setup. Furthermore, the indicator is recommended to be used in sync with price action/other technical indicators for better efficiency.

As earlier stated, the indicator would come in handy for trend reversal and breakout traders. This implies that you may open a BUY/SELL trade when the price bounces off the previous resistance/support zone. Conversely, you may open a BUY/SELL trade when the price breaks and retest the previous resistance/support zone.

The above screenshot typifies a trend breakout strategy for a SELL setup. The SELL trade would have been opened after the price broke and retested the previous support zone. This makes sense because broken support tends to become resistance and vice versa.

Conclusion
The Synergy Pro ASR indicator for MT4 essentially helps you to identify potential zones of trend reversal or trend continuation. What’s more, it is free to download.

 

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