Support & Resistance Breaks PRO

Support & Resistance Breaks (PRO) indicator

Support & Resistance Breaks PRO is a professional price-action indicator that automatically detects key support and resistance levels and highlights confirmed breakouts and rejection wicks.

The indicator identifies structurally important pivot levels and tracks when price breaks or rejects them.
It is designed to help traders quickly spot trend continuation, liquidity sweeps, and breakout momentum without manually drawing levels.

This version is inspired by concepts popularized by LuxAlgo, but adapted and optimized for the TakeProfit platform with several usability and visualization improvements.

Key Features

Automatic Support & Resistance Detection

The indicator continuously scans the market using a pivot-based structure model to detect significant support and resistance levels.
Levels update dynamically as new highs and lows are confirmed.

Breakout Detection

When price closes beyond a level with sufficient momentum, the indicator marks a confirmed breakout.
This helps traders identify potential trend continuation and expansion moves.

Wick Rejection Signals

Not every level break leads to a trend.
The indicator detects strong wick rejections, highlighting situations where price probes a level but fails to break it — often signaling liquidity grabs or reversal attempts.

Volume Confirmation

Optional volume filters help validate breakouts by requiring momentum in trading activity.

Available modes:

• Momentum volume oscillator
• Relative volume vs average
• Volume filter disabled

This allows the indicator to adapt to crypto, forex, and stock markets.

Pivot Alignment Mode (Visual Improvement)

Pivot confirmation naturally occurs several candles after the actual turning point.
To improve chart readability, the indicator includes an optional pivot alignment mode:

• Align Levels With Pivot (default) – visually aligns levels with the original pivot candle
• Confirmation Mode – displays levels exactly when they become confirmed

This cosmetic improvement keeps the chart intuitive while preserving accurate non-repainting signals.

How It Works

1. The indicator detects structural pivots using configurable left/right bar confirmation.
2. Confirmed pivots become active support or resistance levels.
3. Price interactions with these levels are monitored:
4. Break above resistance → bullish breakout
5. Break below support → bearish breakout
6. Wick behavior is analyzed to detect rejection events.
7. Optional volume filters validate breakout strength.

The result is a clean structure-based system for identifying key market reactions around support and resistance zones.

Use Cases

This indicator can support multiple trading styles:

Breakout trading

• Identify confirmed breaks of resistance
• Follow strong trend continuation moves

Liquidity sweep detection

• Spot wick rejections and failed breakouts

Market structure analysis

• Track evolving support and resistance levels automatically

Trend confirmation

• Combine with moving averages or momentum indicators

Why Use This Indicator

Manual support and resistance drawing is subjective and time-consuming.
Support & Resistance Breaks PRO provides a consistent, objective method for identifying important levels and monitoring price reactions around them.

Compared to many pivot indicators, this version focuses on:

• clearer visual alignment of levels
• improved breakout and rejection markers
• flexible volume confirmation modes
• clean non-repainting structure logic

Best Markets

The indicator works well across multiple markets:

• Cryptocurrency
• Forex
• Stocks
• Indices
• Futures

It is especially effective on intraday and swing trading timeframes where support and resistance interactions occur frequently.

Tips for Best Results

• Combine with trend indicators for higher-probability setups
• Use higher timeframes to identify stronger levels
• Watch for breakouts with volume confirmation
• Treat wick signals as potential liquidity sweeps