Real-Time Support & Resistance/Supply & Demand/Liquidity Zones /Trendlines / Key Levels
This trading tool automatically identifies real-time Support/Resistance, Supply and Demand, Liquidity Zones, Key levels, and Trendlines.
FEATURES
This indicator includes all necessary features for traditional technical analysis, such as Trendlines, Support/Resistance, Supply/Demand, and Liquidity Zones. In addition to that, we have added key market levels.
Support/Resistance: Identifies areas in real-time where the price finds support and resistance.
Supply/Demand: The indicator analyzes the market structure in real-time and maps out key supply and demand zones. The user gets an instant understanding of the current market structure.
Liquidity Zones: Liquidity zones are displayed where there is a significant level of trading activity and when there is both high supply and demand for an asset, security, or contract.
TrendLines: Trendlines help traders determine the current direction of market prices. A trendline is displayed when a price action trend is detected.
Key Levels: Key levels are psychological levels that are under the attention of many traders. There is a lot of buying or selling pressure at these levels. At these key levels, price decides its direction, either to go bearish or bullish.
HOW TO USE
Use the indicator to identify several important and commonly used levels and zones. All zones work as a future reference where the price has a higher likelihood to react at, bounce off from, or reverse.
----------------- Disclaimer
Copyright by Zeiierman.
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!