Strong Retracement Points

4.67

SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator.

It displays the closest important levels which we expect the price retracement/reversal!

If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market!


Key Features

  • You can use it in all time-frames smaller than daily!
  • Displays closest significant support and resistance levels
  • Update the levels if all levels are clearly broken
  • The levels are time independent means that these levels are valid in all time-frames which make this indicator very unique!
  • It can be very helpful as a complementary tool for your own trading system to adjust the stop-loss or take-profit, and can also be a helpful stand-alone tool for scalpers!
Reviews 3
Babak Shahabi
1582
Babak Shahabi 2019.04.18 09:53 
 

This is Amazing! It magically works , Well Done!

Thamer Alenezi
261
Thamer Alenezi 2018.06.18 14:00 
 

useful make the thing easy and clear >>> many thanks

RHarmonic
52
RHarmonic 2017.08.04 20:27 
 

The SRP indicator is very effective with the identification of potential reversal levels on the charts, thereby assisting with identifying support and resistance levels that can be used as stop loss and take profit levels. It will be great if the "blue block" indicator as shown in the comment section, can be added to the SRP indicator.

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Gioteen Volatility Index (GVI)   - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicat
Advanced SRP (Strong Retracement/Reversal Points) Tired of support and resistance indicators that constantly repaint, clutter your charts with irrelevant lines, and fail across different timeframes? It's time to stop guessing and start trading with institutional-grade clarity. Advanced SRP is not just another S/R tool; it's a definitive market structure indicator designed for the serious trader. It identifies and displays the most critical price levels where the market is statistically likely t
AlphaGrid Pro                                                                                                                          See the market in full dimension.                                                                                                   Built for traders who demand more than a single indicator can tell them.   Overview AlphaGrid Pro is a professional
PivotMeridian is an advanced, visually optimized daily range and pivot mapping tool designed for professional manual traders. Instead of relying on static, intrusive chart overlays, it features a native, fully draggable dashboard that puts total control over historical analysis directly on your chart. Core Features Smart Daily Zones:  Highlights the exact High-to-Low range of previous trading days using semi-transparent, color-faded blocks. Zones are intelligently inset to prevent them from visu
FVG Pro — ICT Fair Value Gap Signal Indicator Built for professional traders who already trade ICT concepts. This indicator is designed for traders already familiar with   ICT (Inner Circle Trader) methodology   and   FVG (Fair Value Gap)   concepts — Consequent Encroachment, mitigation, inverse gaps, and bias-based execution. It is not a beginner "buy/sell" signal box; it's a precision tool that automates the tedious part (finding, tracking, and grading FVGs in real time) so you can focus on ex
Harmonic Radar Pro is an advanced multi-currency, multi-timeframe pattern recognition and trading system built for MetaTrader 4. Engineered for maximum flexibility, it operates seamlessly both as a fully automated EA and as a smart signal/indicator tool to provide visual double confirmation for your manual trading strategy. It automatically scans, identifies, and trades high-probability harmonic formations across multiple assets simultaneously from a single chart dashboard. Live Results & Soc
Strongest and Weakest Currency Analysis This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames! Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance! Advantages Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you a
is a fully automatic Forex trading Expert Advisor. The robot can run on any instrument, but the results are better with EURUSD on the H1 timeframe.  If you are a long-term investor looking at yearly profits with high Sharpe-ratio then Money magnet is a good option. Please check the comment part to share your settings with others and enjoy the latest optimal settings uploaded by other users.  Expert Advisor Advantages High Sharpe-ratio The EA does not use such systems as martingale, hedging,  gr
Gioteen Volatility Index (GVI) - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicate
Advanced SRP (Strong Retracement/Reversal Points) Tired of support and resistance indicators that constantly repaint, clutter your charts with irrelevant lines, and fail across different timeframes? It's time to stop guessing and start trading with institutional-grade clarity. Advanced SRP   is not just another S/R tool; it's a definitive market structure indicator designed for the serious trader. It identifies and displays the most critical price levels where the market is statistically likely
AlphaGrid Pro                                                                                                                          See the market in full dimension.                                                                                
PivotMeridian is an advanced, visually optimized daily range and pivot mapping tool designed for professional manual traders. Instead of relying on static, intrusive chart overlays, it features a native, fully draggable dashboard that puts total control over historical analysis directly on your chart. Core Features Smart Daily Zones:  Highlights the exact High-to-Low range of previous trading days using semi-transparent, color-faded blocks. Zones are intelligently inset to prevent them from visu
FVG Pro — ICT Fair Value Gap Signal Indicator Built for professional traders who already trade ICT concepts. This indicator is designed for traders already familiar with ICT (Inner Circle Trader) methodology and FVG (Fair Value Gap) concepts — Consequent Encroachment, mitigation, inverse gaps, and bias-based execution. It is not a beginner "buy/sell" signal box; it's a precision tool that automates the tedious part (finding, tracking, and grading FVGs in real time) so you can focus on execution
Harmonic Radar Pro is an advanced multi-currency, multi-timeframe pattern recognition and trading system built for MetaTrader 5. Engineered for maximum flexibility, it operates seamlessly both as a fully automated EA and as a smart signal/indicator tool to provide visual double confirmation for your manual trading strategy. It automatically scans, identifies, and trades high-probability harmonic formations across multiple assets simultaneously from a single chart dashboard. Live Results & Soc
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Babak Shahabi
1582
Babak Shahabi 2019.04.18 09:53 
 

This is Amazing! It magically works , Well Done!

Farhad Kia
3158
Reply from developer Farhad Kia 2025.09.28 00:37
Dear Babak, Thanks for your kind feedback. The updated SRP version is now available! If you liked the original SRP, I recommend trying the advanced version. It includes access to historical levels, enhancing your chart analysis.
📈 MT4: https://mql5.com/en/market/product/148234
📈 MT5: https://mql5.com/en/market/product/150182
Thamer Alenezi
261
Thamer Alenezi 2018.06.18 14:00 
 

useful make the thing easy and clear >>> many thanks

Farhad Kia
3158
Reply from developer Farhad Kia 2025.09.28 00:36
Hi Thamer, Thanks for your feedback. The updated SRP version is now available! If you liked the original SRP, I recommend trying the advanced version. It includes access to historical levels, enhancing your chart analysis.
📈 MT4: https://mql5.com/en/market/product/148234
📈 MT5: https://mql5.com/en/market/product/150182
RHarmonic
52
RHarmonic 2017.08.04 20:27 
 

The SRP indicator is very effective with the identification of potential reversal levels on the charts, thereby assisting with identifying support and resistance levels that can be used as stop loss and take profit levels. It will be great if the "blue block" indicator as shown in the comment section, can be added to the SRP indicator.

Farhad Kia
3158
Reply from developer Farhad Kia 2025.09.28 00:36
Hi RHarmonic!
The updated SRP version is now available! If you liked the original SRP, I recommend trying the advanced version. It includes access to historical levels, enhancing your chart analysis.
📈 MT4: https://mql5.com/en/market/product/148234
📈 MT5: https://mql5.com/en/market/product/150182
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