3%TRADERS Volume S/R

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- This indicator identifies fractal highs or lows with volume exceeding the volume's Moving Average. You can adjust the moving average value for each time frame in the settings.
- A fractal high is confirmed when there are three consecutive higher highs followed by two consecutive lower highs, while a fractal low is confirmed by the opposite pattern.
- Zones are generated from the fractal high/low and the closing price of the candle for the selected time frame. Larger zones indicate greater significance.
- You can customize the zones by disabling specific ones, displaying lines only, and adjusting the colors, transparency, and line thickness for all zones.
- To create alerts, enable the desired alert types for each time frame in the indicator's settings. Once applied, right-click on a zone on the chart and select "Add Alert on Vol S/R Zones." There's no need to add a title, as prebuilt alert messages are already included.
- Future updates will bring additional features and improvements!

I hope you find this indicator helpful! If you do, please give it a thumbs up. Feel free to share suggestions or feature requests in the comment section. Thank you and enjoy!

8 godzin temu

Informacje o Wersji

A New Addition to the Current Volume S/R Indicator

The Asia/London/New York Zones toolkit is a set of tools designed to help traders identify key trading zones and patterns in the market. This add-on significantly enhances the power of the existing Volume S/R Indicator, making it more effective for identifying opportunities.

The toolkit includes these main components:

- Zones with Pivot Highs/Lows
- Order Blocks
- Breaker Blocks
- Fair Value Gaps
- Market Structure Shifts

By using these tools together, traders can better analyze the market and find potential trade setups. The toolkit simplifies decision-making and makes these zones easier to understand.

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HOW TO USE

In forex and futures trading, timing is key. The Asia, London, and New York zones are specific time periods where important market movements are more likely to happen. By focusing on these times, traders can find better trade opportunities.

For example, when price revisits areas like Order Blocks or Fair Value Gaps during a zone, traders can look for entries and set profit targets as the next zone begins.

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TOOLKIT FEATURES

Order Blocks

Order Blocks are price areas where big buying or selling happened, showing important zones for traders. These zones can act as support or resistance, helping you plan trades.

Breaker Blocks

Breaker Blocks come from Order Blocks that have been "used up." They show areas where price has reversed or paused before and may act as barriers in the future.

Fair Value Gaps

Fair Value Gaps happen when there is an imbalance between buyers and sellers. These gaps often attract price to fill them before continuing in the same direction. The toolkit helps you find and understand these gaps.

Market Structure Shifts

Market Structure Shifts highlight major changes in market trends, such as reversals or increased volatility. These shifts show where new trade opportunities may arise.

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SETTINGS

Zones

- Customize Time Periods: Choose which zones to display (e.g., Asian, London Open, New York, London Close).
- Pivot Lines: Show pivot high/low lines, the middle line, and extend them if needed.
- Labels: Turn zone labels on or off.
- Timeframe Options: Set zones to show only on specific timeframes.
- Open Price & Colors: Show the opening price for the day/week/month and customize colors and labels.

Order Blocks & Breaker Blocks

- Visibility: Turn Order Blocks and Breaker Blocks on or off.
- Swing Detection: Adjust how far back to look for swing points.
- Mitigation Options: Choose whether to use the candle’s body or full range.
- Extend & Remove: Decide if mitigated blocks are shown or extended beyond zones.
- Display Options: Show the first, last, or all blocks.
- Colors & Labels: Customize colors for bullish/bearish blocks and toggle text labels.

Market Structure Shifts

- Visibility: Turn shifts on or off.
- Detection Length: Adjust how far back to look for shifts.
- Display Options: Show the first, last, or all shifts.
- Colors & Labels: Customize colors for bullish/bearish shifts and toggle text labels.

Fair Value Gaps

- Visibility: Turn gaps on or off.
- Gap Filter: Set the minimum gap size to detect.
- Extend & Remove: Decide if mitigated gaps are shown or extended beyond zones.
- Display Options: Show the first, last, or all gaps.
- Colors & Labels: Customize colors for bullish/bearish gaps and toggle text labels.

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The Asia/London/New York Zones toolkit gives traders an easy way to understand market patterns and find high-probability trade setups. With this add-on, your trading indicator becomes even more powerful, helping you make more informed decisions.



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- This indicator identifies fractal highs or lows with volume exceeding the volume's Moving Average. You can adjust the moving average value for each time frame in the settings.
- A fractal high is confirmed when there are three consecutive higher highs followed by two consecutive lower highs, while a fractal low is confirmed by the opposite pattern.
- Zones are generated from the fractal high/low and the closing price of the candle for the selected time frame. Larger zones indicate greater significance.
- You can customize the zones by disabling specific ones, displaying lines only, and adjusting the colors, transparency, and line thickness for all zones.
- To create alerts, enable the desired alert types for each time frame in the indicator's settings. Once applied, right-click on a zone on the chart and select "Add Alert on Vol S/R Zones." There's no need to add a title, as prebuilt alert messages are already included.
- Future updates will bring additional features and improvements!

I hope you find this indicator helpful! If you do, please give it a thumbs up. Feel free to share suggestions or feature requests in the comment section. Thank you and enjoy!