VolumeSR MT5: Identify true support and resistance with volume-based precision

This VolumeSR MT5 review in 2025 examines indicator behavior, expected performance, and a practical analysis of how volume-driven levels perform in live conditions. The first focus is on detection logic: VolumeSR MT5 identifies high volume zones where strong buying or selling occurred and low volume zones that suggest weak interest, then draws levels that historically correlate with market reactions. The developer, Vincent Jose Proenca, implemented automatic merging of nearby levels and a maximum levels cap to reduce chart noise and improve signal clarity. The algorithm processes tick and bar volume to generate zones and applies multi-timeframe confirmation to reduce false signals. VolumeSR MT5 works best on liquid FX majors and indices where tick volume approximates real activity; it is less reliable on thin or exotic markets. Risk management is not automated by the indicator, but the visual level widths and suggested stop placements make it straightforward to define stop loss and take profit rules. Expected performance characteristics include moderate win rates with higher reward-to-risk on level-based reversals, and clearer breakout identification when low volume areas precede moves. Backtests and forward tests provided by users show consistent edge when paired with sound money management and a recommended account size aligned to trade frequency and instrument volatility. Overall, VolumeSR MT5 offers a transparent, data-driven approach to S/R that complements MT5 trading workflows.