Brooky PSAR Levels Indicator
Parabolic SAR-derived support/resistance levels · Free · MT4
About Brooky PSAR Levels Indicator
The Brooky PSAR Levels indicator, documented at theforexgeek.com and best-metatrader-indicators.com, is a MetaTrader 4 tool that reimagines the classic Parabolic SAR — instead of only showing trend direction, it plots horizontal support/resistance levels derived from confluence between previous PSAR switch points.
These levels appear as horizontally-aligned lines across the main chart window, giving traders clear reference points for potential reversal zones, trailing stops, or confirmation with other favourite indicators. It's used across scalping, day-trading, and swing-trading styles. A newer "V2" release is also available with both .ex4 and .mq4 files.
- Platform: MetaTrader 4
- Type: Parabolic SAR-derived support/resistance level indicator
- Use cases: Reversal-zone identification, trailing-stop reference, confluence with other indicators
- Latest version: V2 (.ex4 + .mq4)
- Price: Free
- Source: theforexgeek.com · Brooky PSAR Levels Indicator
Key Features
✓ Free, with both compiled (.ex4) and source (.mq4) files available
✓ Extends a well-understood classic indicator (PSAR) rather than inventing an opaque new one
⚠ A visual reference/confirmation tool, not a standalone trading system — pair with your own entry/exit rules