Volume based Support and Resistance Zones

Volume-based Support and Resistance Zones

Volume-based Support and Resistance Zones is a powerful and flexible indicator for MetaTrader 5 that helps traders identify key market levels formed by volume spikes at fractal highs and lows.

This tool automatically plots support and resistance zones where price is most likely to react, helping you trade with greater confidence and clarity.


Key Features

  • Volume-based logic: Zones are created when candles with significant volume occur at fractal highs or lows.
  • Wick-based sizing: Each zone’s height dynamically reflects the wick length of its source candle.
  • Non-repainting: Once a zone is formed, it remains fixed—reliable for both live trading and backtesting.
  • Multi-timeframe support: Works seamlessly across all standard chart timeframes.
  • Highly customisable: Adjust detection sensitivity, visual style, and zone behaviour to suit your strategy.
  • Smart alerts: Get notified when price interacts with a zone through popup alerts, push notifications, emails, or any combination you prefer.


Alert Options

Traders can configure alerts to trigger when price touches or enters a support or resistance zone. Notification methods include:

  • Popup alerts: On-screen messages within the MetaTrader 5 terminal.
  • Push notifications: Sent directly to your mobile MetaTrader app.
  • Email notifications: Delivered to your configured email address.

All alerts are fully configurable, allowing you to monitor important levels even when you’re away from the charts.


For traders who value precision and clarity

This indicator was built for traders who rely on objective, volume-based data to confirm price reactions. Whether you scalp, day trade, or swing trade, it offers a clear, structured approach to identifying high-probability reaction zones. Designed for simplicity, accuracy, and performance, it’s a valuable addition to any technical analyst’s toolkit.


Disclaimer

This indicator is an independent product for MetaTrader 5 and is not affiliated with or endorsed by any third-party developer or service.


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AXIOM MATRIX MT5 LAUNCH PRICE: $99 Axiom Matrix is available at the launch price of $99. The price will increase to $199 after the first 30 purchases. After your purchase, send me a direct message to receive your instructions and claim your exclusive gift bonus. Axiom Matrix is a professional multi-symbol, multi-timeframe market scanner and decision dashboard for MetaTrader 5. It scans your Market Watch, analyzes multiple timeframes, reads multiple evidence engines, compares the strongest opport
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Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
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Meta Cipher A: Precision Overlay Suite for Price Action Meta Cipher A brings the popular Market Cipher A concept to MetaTrader 5 as a precision overlay indicator. Engineered to display preemptive signals directly on your price chart, it combines an 8 EMA ribbon , WaveTrend analysis, and eight distinct signal types to help you spot entries, exits, and high-risk environments before they fully develop. While Meta Cipher A stands strong on its own, it is designed to pair naturally with Meta Cipher B
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Meta Cipher B: The All-in-One Oscillator Suite for MT5 Meta Cipher B brings the popular Market Cipher B concept to MetaTrader 5, optimised for speed and precision. Built from the ground up for performance, it delivers professional-grade signals without lag or sluggish scrolling. Although powerful on its own, Meta Cipher B is also designed to pair naturally with Meta Cipher A for complete market context and deeper confirmation. What it does A unified oscillator stack that visualises wave momentu
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beetle2008 2025.10.27 21:54 
 

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