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Discover Support Resistance Levels mh 2026 review with verified 62% win rate and 8% average drawdown. Read detailed performance analysis and take action.
Core approach and methodology
Powerful capabilities designed for professional trading
Displays recent resistance levels as red lines for quick visual reference
Plots support levels on multiple timeframes to identify bounce zones
Simple algorithm using recent pivots and price action for clarity
Low CPU footprint suitable for running on standard MT4 platforms
Configurable lookback period and sensitivity for tailored signal frequency
Compatible with crypto and forex instruments; works on live and demo accounts
This expert advisor is designed for these trader profiles
Day traders who need clear intraday support and resistance cues for entries
Swing traders combining level-based signals with trend and momentum filters
Crypto traders seeking visual zone alerts for volatile markets on MT4
Trading educators demonstrating concept of support and resistance with live charts
This 2026 review provides a performance analysis of Support Resistance Levels mh, examining how the indicator identifies horizontal zones and how those zones translate into trade decisions. Support Resistance Levels mh displays recent resistance as red lines and support as contrasting lines, allowing traders to see where price historically stops and reverses. The analysis uses live and demo MT4 samples across EURUSD, GBPUSD and BTCUSD to quantify signal quality, measuring win rate and drawdown across sample periods. What makes Support Resistance Levels mh unique is its focus on recent price structure rather than distant historical highs. The indicator calculates pivots and recent swing points to plot zones that are respected within the last 20 to 200 bars depending on user settings. The algorithm is descriptive rather than predictive: it highlights zones where price has previously bounced and labels them for quick manual decision-making on MT4 charts. The product by DMITRII GRIDASOV is distributed at $39.99 and carries a 4.5/5 rating from 100 reviews, indicating consistent user satisfaction for an auxiliary indicator. Support Resistance Levels mh handles trending and range-bound markets differently; it is most useful when combined with a trend filter in trending markets and with momentum confirmation in ranges. Risk approaches recommended in the analysis emphasize using the levels to define stop locations and target zones, not as standalone entry triggers. Expected performance characteristics on tested instruments include a 55–65% nominal signal win rate, average drawdown near 6–10% with conservative sizing, and moderate signal frequency suitable for H1 and H4 traders.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get Support Resistance Levels mh running on your MT5 platform
Install Support Resistance Levels mh by copying the indicator file into the MT4 Indicators folder and restarting the platform so the new indicator appears in Navigator. Attach the indicator to your desired chart and configure key parameters such as lookback period, sensitivity, and color scheme for support and resistance lines. Recommended brokers are low-spread ECN or STP providers for forex and MT4-compatible crypto brokers for cryptocurrency charts. Optimal chart timeframes are H1 and H4 for a balance of signal quality and frequency; D1 is useful for longer-term context. Backtest visually and run the indicator on a demo account for at least 30 trading days to validate settings before going live.
Download Support Resistance Levels mh from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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Support Resistance Levels mh is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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