πŸ“–How to Use This Indicator in Your Trading

Identifying Entry Points

Look for price approaching a support level (cyan/blue). If price holds at or near the zone, this can be a potential buy opportunity. Confirmation from other indicators or candlestick patterns strengthens the signal.

Identifying Exit Points or Take-Profit Targets

When you're in a long position, resistance levels (pink/red) above price are natural take-profit targets. When short, support levels below are your targets.

Spotting Breakouts

When price breaks above a resistance level with strong momentum, the level often "flips" to become support. You'll see the color change from pink/red to cyan/blue in real time. This flip is a classic confirmation of a breakout.

Similarly, when price breaks below support, it may flip to resistance β€” a sign of a potential breakdown.

Gauging Market Structure

The High Level and Low Level labels give you the big picture. If price is trading near the High Level, the market is at the top of its recent range. If near the Low Level, it's at the bottom. This helps you understand where you are in the broader market structure.

Using Zones vs. Exact Levels

Treat the zones as areas of interest rather than exact prices. Price may wick into a zone and reverse without touching the exact SR line. The zone width setting lets you customize how wide these areas are.

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