Extreme – SR Levels/Zones (Expo) automatically searches and prints key support and resistance levels based on “extreme” high & low values.
When the extreme condition is met there is a high probability that the market pauses, makes a pullback, or that the trend change direction. If the current trend is strong, the price will breakout from the previous extreme level.
The indicator can be used standalone or as a part of your current trading strategy.
- No repainting
- Works on any market
HOW TO USE
1. Use the indicator to identify key support and resistance levels.
2. Use the indicator to identify potential breakouts.
3. Use the indicator to identify potential reversal points.
Subscribe to our membership
Access the Extreme – SR Levels/Zones Indicator on TradingView
ACCESS THE INDICATOR ON TRADINGVIEW!
“Boost” the script and add it to your Favorites! Please leave a comment if you like it!