Malaysian SnR (MSNR)

What it is

Malaysian SnR is a level-based method popular on TikTok and YouTube, with no clearly documented originator. Levels are drawn from closing prices (on a line chart) rather than wicks. An A-level is a peak (resistance), a V-level is a valley (support), and a gap level comes from a gap between one candle's close and the next one's open.

A level is fresh until a wick touches it; once touched, it's 'unfresh' and weaker. The 'storyline' is the higher-timeframe direction that decides which levels to trade. MSNR also uses SBR and RBS (support becomes resistance, resistance becomes support) and its own version of the Quasimodo.

How to spot it

• Switch to a line chart to find the A and V levels at the closes.
• Check whether a wick has touched the level since it formed.

How to use it

• Trade fresh levels in the direction of the storyline, with a tight stop beyond the level.
• Use the QM and SBR/RBS patterns for entries at those levels.

Common mistakes

• Mixing wick-based and close-based levels.
• Trading unfresh levels as if they were fresh.

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