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  • Reviews (36)
  • Comments (42)
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Statistical support Resistance

It is enough for traders to lose money because of the wrong SL and or being hunted by SL hit. There are many types of support/resistance indicators (methods) but most of the time do not work well and representing delusion levels that are not actual or accurate enough. Fibonacci is good but not enough and traders have experienced many times that the price broke out the key level of 61.8 % without any reaction or retracement.

Promotional limited time on sale for 39$. Please add a 5 star review. It helps me to continue and update this indicator.

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Pivot points are not  always accurate and most of the times those pivot points price action are minor or standing upon that causes SL hit. Round numbers or Moving average acts inconsistent and traders do not know how much is probable the price whether break out the level or react . 

So what is the solution? This indicator (Statistical Support/Resistance) draws sophistical levels based on statistics and probability with putting in market volatility. It brings traders the choice power to set TP or SL and trailing stops according to proven levels having probability. Having probability helps traders for better money management and partial position close.

Features: 

  1. Show four levels for each support and resistance
  2. Each level has specific break out probability
  3. Calculation is based on last 24 hourly candles
  4. In some cases, calculation is based on only today OHLC Candle
  5. Prevent trader being trapped by SL hunting
  6. Determine how much is the probability that price may break out the level
  7. Show spread of symbol and remained time that the candle get close
  8. Levels are dynamic so new candles results new levels

Inputs:

  • Color: the color of text
  • Corner: chart corner that information is going to be present
  • Font size of information
  • Font size of level names
  • Time frame of calculating levels [it should be always greater than current time frame]













































Adolfo Vidales Basurto
278
Adolfo Vidales Basurto 2020.07.09 13:17 
 

DONT BUY IT IT REPAINTS IT have always 84% breakout in Support and Resistence it DOESNT UPDATE as the autor tell us. Check Screenshots of how WORKS in three hours in Comments Tab. No compren esto Repinta Siempre 84% en Soportes y Resistencias y NO se ACTUALIZA. Chequen los comentarios ahí podrán ver Screenshots de 3 horas consecutivas.

Patrick RD
45
Patrick RD 2020.05.12 11:30 
 

I bought this indicator, it comes with NO manual, the slideshow moves way too fast which makes it unreadable, I wrote the seller of the indicator in fairness he got back to me quickly but he is referring me back to the slideshow.... Am not sure if I made a wise decision to purchase this indicator :-(

jmhuang
559
jmhuang 2020.05.08 11:30 
 

I have bought many indicators from MQL5 and this is the first product I am giving a five star rating. Well worth the purchase. It can be improved further if you could add a feature of distance to the nearest support and resistance in terms of pips etc which is variable with price movement.

billz01
342
billz01 2020.05.01 09:37 
 

Good tools.

M Iqbal Akbar
338
M Iqbal Akbar 2020.04.30 21:45 
 

simple but amazing! thank you Yaser

Tahar Charaf Eddine Rezgui
131
Tahar Charaf Eddine Rezgui 2020.03.31 09:10   

nice broo

vadimice
355
vadimice 2020.03.26 17:56 
 

Ottimo aiuto di lavoro. Grazie

skyfall2014
248
skyfall2014 2019.05.14 23:10   

Usless, to my mind.

Bono Costa
739
Bono Costa 2019.05.06 01:18 
 

User didn't leave any comment to the rating

rock65
1011
rock65 2019.04.19 16:46 
 

very good indicator

Fallet Willy
2599
Fallet Willy 2019.04.19 08:39 
 

this inbactor gives good levels

but it misses the alerts

Kad Mech
1258
Kad Mech 2019.03.30 19:46 
 

Amazing simple and efficient.thanks

ry_n17
131
ry_n17 2019.03.12 18:13 
 

User didn't leave any comment to the rating

fxcharlesfx
149
fxcharlesfx 2019.02.28 16:57 
 

Dont like reviewing indicators or EA's but for this ill make an exception.... saves me a ton of time drawing them up manual... technically perfect ...

thanks so mush got it when it was free, but would have paid 40usd no problem....

Luis Felipe
40
Luis Felipe 2019.02.26 22:08 
 

Just an amazing toll !!! Congratulations !!! Thanks a lot.

ShAlex
49
ShAlex 2019.02.25 16:39 
 

seems the best.

Dr Waleed Mahdy
2362
Dr Waleed Mahdy 2019.02.25 16:34 
 

YOU ARE DOING GOOD MY FRIEND

THANKS FOR YOUR SHARE

makita
574
makita 2019.02.24 11:43 
 

User didn't leave any comment to the rating

MT5.Boy
87
MT5.Boy 2019.02.23 23:17 
 

User didn't leave any comment to the rating

Hamadfx
609
Hamadfx 2019.02.22 10:38 
 

Simply Great, replaced my pivot lines and usable for Trend and counter trend trading. its a must have.

EDGARS BARTULANS
620
EDGARS BARTULANS 2019.02.21 18:23 
 

Nice !

vladmedd
914
vladmedd 2019.02.21 15:22 
 

Спасибо автору!

pavel.krasnoiar
77
pavel.krasnoiar 2019.02.21 09:51 
 

Работает!

Sevgi Simsek
685
Sevgi Simsek 2019.02.21 07:09 
 

Good.

Losajoca Lorenzo
207
Losajoca Lorenzo 2019.02.19 16:34 
 

Accurate tool. Good.

Aleksandr Tamonin
1925
Aleksandr Tamonin 2019.02.19 16:30 
 

Спасибо! Удобный индикатор.

Yvonne
729
Yvonne 2019.02.19 16:22 
 

This is a very useful concept - It helps to take your profits at the right time

Kev Case
179
Kev Case 2019.02.15 23:11 
 

Best support/resistance indicator I have found - very strong information posted on the screen

sunnychow
8582
sunnychow 2019.02.15 17:22 
 

Thanks for share

mnamel320
62
mnamel320 2019.02.05 08:02 
 

User didn't leave any comment to the rating

caren1985
46
caren1985 2019.02.05 07:53 
 

reliable SL point. good work

HanaRayan
85
HanaRayan 2019.02.05 07:47 
 

User didn't leave any comment to the rating

mostafa.mojezi
11496
mostafa.mojezi 2019.02.04 19:14 
 

unique indicator with accurate result

update: after the 1-month test... Honestly, this tool is the best

alopimoham
102
alopimoham 2019.02.04 19:06 
 

مرحبا ياسر

التطبيق رائع

أود أن أجعل هذا المؤشر إلى برنامج الروبوت

sararise
114
sararise 2019.02.04 18:43 
 

this indicator is difrente from all other pvote indicator. Breakeout probability is very very useful for me. thanks mr sabbaghi

johnmier86
108
johnmier86 2019.02.04 18:26 
 

Great tools.

I used all SP and Pvote indicators in the market for many years but this is very powerful.

50% of my orders SL hit by nonsense stop-loss just for 10pip difference. But this indicator works strangely and accurately

Great work developer

Version 1.24 2020.02.08
-better calculation of levels
-better visual apperance
Version 1.23 2019.03.23
-Notification and alerts are select able for strong or week levels
Version 1.21 2019.02.25
-Show symbol name in push notification and alerts.
Version 1.2 2019.02.22
- Alert and mobile push notification added
Version 1.1 2019.02.20
-Show Higher High and Lower Low candle for last 24 hours.
-Information text for symbol spread, average daily range and time to close of current candle added