Support & Resistance

Shared by a BacktestingMax trader on 26 Mar 2026

Price tends to bounce off certain levels. We catch those levels and try to capitalize on them

Entry rules

  1. Find support
  2. Find resistance

Invalidation

  1. Market jumps around too much

Stop loss and take profit

  1. In case of a long: TP is halfway to resistance from the trade entry, SL is the same distance from trade entry
  2. In case of a short: TP is halfway to support from the trade entry, SL is the same distance from trade entry as TP

Inside the app

Opening this strategy in BacktestingMax shows the full record behind the numbers above, on a free account: every trade with entry, exit, size and P&L plus CSV and Excel export; a bar-by-bar replay of the author's own session on 1-minute history; Monte Carlo projections that reshuffle the trade sequence; the equity curve against buy-and-hold; advanced statistics including Sharpe and Sortino ratios, expectancy, payoff ratio, recovery factor, maximum drawdown and longest time underwater; a day-by-day P&L calendar; and behavioural analysis covering revenge trading, position-size chasing, long/short bias and the hours and days it actually made money.

Open this strategy in BacktestingMax (free account required)

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Figures come from backtests run by the author inside BacktestingMax. Past performance is not indicative of future results, and nothing here is financial advice.