Malaysian SNR (MSNR) explained

MSNR is a way to look at a market as movement between levels. Price came from one level and is trying to reach the next. Your job is to understand where it is coming from, where it may be going, what stands in the way, and when your idea becomes wrong.

Price going from level A through two roadblocks to level B
Illustration, not market data.
See it: geometry

What is objectively on the chart: a candle closed here, a level was touched there. You can check it.

Understand it: interpretation

What MSNR traders say it means: "fresh level", "strong zone". This is their reading, and we label it so.

Test it: evidence

Whether a rule gave an edge in data, after costs, on a period it was not tuned on. Often the answer is no, and then we say no.

Honest status

What this section is not. It is not a course, not a signal service and not a promise of profit. We explain a public method in plain words, define each rule exactly, and publish what our tests found. In our frozen-rule tests no MSNR variant has shown an edge so far.

Classic and modern

Classic MSNR and modern extensions are different things. Classic: A and V levels from closes, freshness, RBS and SBR, storyline. Extensions (liquidity sweep, QML, engulfing, trendline, CRT, sessions, OCL runs) are added by authors of scripts and expert advisors. We always say which one a rule belongs to.

A suggested reading order

The big picture

Levels and their life

Putting it together

Evidence and practice

See MSNR on a live chart

Educational material about chart concepts. Not financial advice and not a promise of profit. In our frozen-rule tests no MSNR variant has shown an edge.

MSNR: quick answers

Questions and answers

What is Malaysian SNR?

A support and resistance method that places levels on candle closes and opens rather than wicks and tracks their lifecycle: fresh, tested, broken, flipped.

Does MSNR make money?

We found no evidence that it does. In our frozen-rule tests on gold, DAX, Nasdaq, BTC and ETH no variant showed an edge. Results are on the backtests page.

How is MSNR different from ICT?

MSNR mostly asks which level price moves from and to; ICT mostly asks where liquidity, displacement and imbalance are. Both read structure and levels.