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Statistical support Resistance

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

My job is selling product here to support my family. So please add review and give 5 stars. It is very helpful for me.

Your comments are welcome and help me to improve product performance.

So what is the solution? This indicator (Statistical Support/Resistance) draws sophistical levels based on statistic 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]























skyfall2014
216
skyfall2014 2019.05.14 23:10   

Usless, to my mind.

Bono Costa
524
Bono Costa 2019.05.06 01:18 
 

El usuario no ha dejado ningún comentario para su valoración

rock65
649
rock65 2019.04.19 16:46 
 

very good indicator

Fallet Willy
2482
Fallet Willy 2019.04.19 08:39 
 

this inbactor gives good levels

but it misses the alerts

Kader Mechrouh
826
Kader Mechrouh 2019.03.30 19:46 
 

Amazing simple and efficient.thanks

ry_n17
131
ry_n17 2019.03.12 18:13 
 

El usuario no ha dejado ningún comentario para su valoración

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
21
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
2117
Dr Waleed Mahdy 2019.02.25 16:34 
 

YOU ARE DOING GOOD MY FRIEND

THANKS FOR YOUR SHARE

makita
519
makita 2019.02.24 11:43 
 

El usuario no ha dejado ningún comentario para su valoración

MT5.Boy
61
MT5.Boy 2019.02.23 23:17 
 

El usuario no ha dejado ningún comentario para su valoración

Hamadfx
489
Hamadfx 2019.02.22 10:38 
 

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

ifatedi
413
ifatedi 2019.02.21 18:23 
 

Nice !

vladmedd
760
vladmedd 2019.02.21 15:22 
 

Спасибо автору!

pavel.krasnoiar
83
pavel.krasnoiar 2019.02.21 09:51 
 

Работает!

Nesine
305
Nesine 2019.02.21 07:09 
 

Good.

Losajoca Lorenzo
197
Losajoca Lorenzo 2019.02.19 16:34 
 

Accurate tool. Good.

Aleksandr Tamonin
1607
Aleksandr Tamonin 2019.02.19 16:30 
 

Спасибо! Удобный индикатор.

Yvonne
669
Yvonne 2019.02.19 16:22 
 

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

Kev Case
146
Kev Case 2019.02.15 23:11 
 

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

sunnychow
6681
sunnychow 2019.02.15 17:22 
 

Thanks for share

mnamel320
70
mnamel320 2019.02.05 08:02 
 

El usuario no ha dejado ningún comentario para su valoración

caren1985
53
caren1985 2019.02.05 07:53 
 

reliable SL point. good work

HanaRayan
80
HanaRayan 2019.02.05 07:47 
 

El usuario no ha dejado ningún comentario para su valoración

Mostafa Moujezi Zarandi
9951
Mostafa Moujezi Zarandi 2019.02.04 19:14 
 

unique indicator with accurate result

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

alopimoham
97
alopimoham 2019.02.04 19:06 
 

مرحبا ياسر

التطبيق رائع

أود أن أجعل هذا المؤشر إلى برنامج الروبوت

sararise
88
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
93
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

Versión 1.23 2019.03.23
-Notification and alerts are select able for strong or week levels
Versión 1.21 2019.02.25
-Show symbol name in push notification and alerts.
Versión 1.2 2019.02.22
- Alert and mobile push notification added
Versión 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