WH Support and Resistance MT5

Support and Resistance is a clean, institutional-grade price action indicator engineered to identify high-probability supply and demand zones while eliminating chart clutter.
Designed for discretionary traders and systematic analysts alike, it dynamically tracks zone strength in real time and features an interactive historical replay engine for rapid visual backtesting.

Core Features

• Dynamic Retest Counter ( 2x , 3x , etc.): Every support and resistance zone automatically tracks how many times price has tested and respected the level. Each bounce updates the on-chart counter (2x , 3x , and beyond), giving you immediate visual confirmation of whether a level is a fresh origin zone or a heavily defended institutional barrier.

• Interactive History Mode (Click-to-Rewind): Validate your strategy without running slow strategy tester simulations. Simply double-click on any historical candle to freeze the chart at that exact moment in time—displaying only the active zones and retest counts that existed at that candle, completely free of future look-ahead bias.

• Instant Live Mode Return: Ready to return to current market conditions? Double-click the far-left edge of the chart to immediately snap back to real-time tracking.

• Live Status HUD: A clean, unobtrusive status badge anchored in the upper-right corner clearly indicates whether your chart is currently operating in LIVE MODE or HISTORY MODE, preventing accidental trade execution while reviewing historical setups.

How It Works

1. Identify Zone Strength: Watch price approach established zones. Fresh zones stand ready for initial reactions, while zones labeled 2x or 3x highlight proven levels where liquidity has repeatedly stepped in.

2. Backtest Visually in Seconds: Double-click any past swing or breakout candle on the chart to inspect what the market structure and retest counts looked like right before the move happened.

3. Resume Live Trading: Double-click the far-left side of the chart window to restore live price action and verify the upper-right HUD reads LIVE MODE.

Key Benefits

• Zero Look-Ahead Bias in Backtesting: History Mode reconstructs the exact zone states and retest counts as they appeared at your selected candle.

• Objective Zone Validation: Removes the guesswork of manually counting touches or drawing overlapping rectangles.

• Clean, Non-Repainting Logic: Built for fast execution and crisp visual clarity across all timeframes and symbols (Forex, Indices, Metals, and Crypto).

Recommended Usage

• Timeframes: Works on all timeframes (M1 to MN1); ideal on M15, H1, and H4 for intraday and swing structure.

• Confluence: Pair 2x/3x retest zones with candlestick rejection patterns, volume spikes, or higher-timeframe trend direction for high-probability entries.