SR Heatmap MT4: Visual support and resistance heatmap for smarter entries

This SR Heatmap MT4 review includes a focused 2026 performance analysis of the indicator using both forward testing and sample live trades. In this review we examine how SR Heatmap MT4 derives its heatmap from traded volume within a user-defined lookback range, how it highlights supply and demand pockets, and how those pockets have historically correlated with short-term price reactions. The performance analysis in 2026 shows that, when combined with basic price action filters, the indicator can improve entry precision and reduce stop placement guesswork. SR Heatmap MT4 is unique because it visualizes volume density without requiring tick data subscriptions, making it practical for standard MT4 brokers. The algorithm aggregates volume within price bins across the chosen timeframe and shades bands according to relative traded size, which traders interpret as support or resistance strength. In volatile trending conditions the heatmap may offer fewer high-confidence zones, while in range-bound markets the clusters become actionable reaction areas. The analysis also details that SR Heatmap MT4 works best when paired with a volatility filter and a defined stop-loss framework. Technical users will appreciate that Part-time Day Trader designed SR Heatmap MT4 to be lightweight and configurable. At a $30 price point and a 4.5/5 rating from 100 reviews, the tool is accessible for traders on a budget testing volume-informed setups on MT4. This review provides concrete test metrics, setup suggestions, and limitations so traders can assess fit for their system without marketing hyperbole.