Hello everyone,

Here is one of my indicators that I designed for my trading. The problem of many beginners is to intervene anywhere on pure impulsivity.

We’re quickly taught to draw intervention zones to avoid this. There are different approaches, and I’ve been looking into how I can automatically draw zones to make my life easier.

In Prorealcode’s marketplace, there are some very relevant zone indicators, but I wanted to know which zones had boosted the price with enough energy to know the position of the big hands relative to the unit of time under consideration.

This indicator shows zones of interest which have re-launched or reversed the price with sufficient strength to indicate to me that, in the event of a retest, it would be worth waiting for a buy or sell signal.

In trading, nothing is absolute, but we could improve the probability of a successful trade, so why deprive ourselves?

Here, for example, I use the indicator on different timeframes to find out which zones have caused the market to bounce with sufficient strength to wait for the retest and take a signal on a lower timeframe.

Exemple pour le DAX40

Exemple pour le CAC40

I’ve added 2 parameters:

• Tolerance, to take narrow zones into account.
• Strength, to refine the choice of zones of interest.

Enjoy 🙂

Version 1.2 update and news:

• Addition of probabilistic reversal or rebound zones.
• Trendline indicator added.

Version 1.3 update and news:

• Adding Trends with color

Version 1.4 update and news:

• Adding Fibonacci’s zones

Version 1.5 update and news:

• Adding divergence from RSI and MACD zones