Support and Resistance Indicator Pro: MT5 alerts for higher-probability support and resistance trades

Support and Resistance Indicator Pro review 2026 performance analysis begins with a look at what separates this indicator from generic S/R overlays. The panel developed by Oezkan Kahveci identifies price clusters using high/low clustering, recent pivot validation, and multi-timeframe confirmation, and then displays proximity metrics and an EMA-based trend direction. This review examines how the indicator sequences signals, filters noise, and how often alerts align with follow-through moves in live accounts. Support and Resistance Indicator Pro is unique because it weights historical pivots with recent price interaction to prioritize levels that have both longevity and current relevance, lowering the number of obsolete signals. The algorithm calculates a proximity percentage, displays trend bias via a configurable EMA, and issues notifications to desktop and mobile when price approaches a validated zone. In practice, the tool performs best on liquid forex majors and commodity CFDs during clear trending or range-turn setups. The indicator is less effective in extremely low-volatility conditions or during major macro news spikes unless paired with a volatility filter. Risk management is external to the indicator, but the panel provides distance metrics to inform stop loss placement and position sizing. Expected performance characteristics include moderate trade frequency, higher accuracy when used with higher timeframes, and improved win rate when traders adhere to trend confirmation. This review highlights the importance of parameter optimization on MT5 and recommends forward testing on a demo account before live deployment with real capital.