FXR SR Zones Indicator

The FXR SR Zones Indicator for MT4 is a powerful support and resistance tool that automatically identifies key market zones where price is likely to reverse, stall, or consolidate. Support and resistance levels are core components of technical analysis, and manually plotting them can be time-consuming. This indicator simplifies that process by marking important zones directly on the chart, helping traders make clearer and more confident trading decisions.

FXR SR Zones highlights multiple types of levels—weak, untested, and turncoat zones—giving traders a thorough understanding of market structure. It works across all timeframes and suits every trading style, including scalping, intraday, swing trading, and long-term analysis.

FXR SR Zones Trading Signals

The FXR SR Zones Indicator generates BUY and SELL setups based on how the price interacts with its support and resistance zones:

 BUY Signals – Support Zone (Blue)

When price approaches or retests a blue support zone, it often indicates:

Potential upward reversal

Increasing buying pressure

A favorable probability for long entries

These support zones are areas where buyers historically stepped in, making them ideal locations to monitor for bullish setups.

 SELL Signals – Resistance Zone (Red)

When price approaches a red resistance zone, it signals:

Possible downward reversal

Weakening bullish momentum

A strategic location for short entries

These resistance levels often mark zones where sellers previously dominated.

Zone Types Identified by the Indicator

The FXR SR Zones Indicator categorizes levels into three types, giving traders deeper insight into price behavior:

Weak Zones

Areas where price may react

Not yet confirmed by multiple tests

Should be used cautiously

Untested Zones

Fresh levels where price has not interacted yet

High-probability zones for strong reactions

Popular among breakout and reversal traders

Turncoat Zones

Former resistance turned support, or former support turned resistance

Known for strong reactions

Excellent for both reversal and breakout strategies

Turncoat zones are often the most reliable because they show a clear shift in market sentiment.

Risk Management With FXR SR Zones

One of the indicator’s strengths is helping traders position stop-loss levels more effectively.

For BUY trades, stops are typically placed below the support zone.

For SELL trades, stops go above the resistance zone.

This reduces vulnerability to false breakouts and sharp price spikes during volatile sessions.

Conclusion

The FXR SR Zones Indicator for MT4 is an essential support and resistance tool for traders seeking more accurate market structure analysis. By automatically identifying strong, weak, untested, and turncoat zones, the indicator delivers actionable BUY and SELL signals while enhancing risk management. Download the FXR SR Zones Indicator today and elevate your trading strategy with clearer insights and more disciplined trade execution.