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
1583
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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Strong Retracement Points Pro edition! 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! If you are still hesitating to start using this wonderful tool, you can check this link to see how ef
This robot is multi pair and multi timeframe.  It monitors several instruments on different timeframes to find Shark and Bat harmonic patterns . You can use this Robot as a fully automated trading system. Or you can use it as a trigger for your entry points with your own trading systems. Entry point, Stop loss and take profit are well defined based on Harmonic pattern! Entry points  are indicated by golden lines. Stop loss is indicated by red line and finally we have 6 take profit points which a
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
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
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Babak Shahabi
1583
Babak Shahabi 2019.04.18 09:53 
 

This is Amazing! It magically works , Well Done!

Farhad Kia
2913
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
2913
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
2913
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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