Intelligent Zones – (Expo)
DESCRIPTION
Intelligent zones is a real-time based indicator that creates colored zones that can act as support or resistance levels. These zones that are painted on the graph are important levels that the future price will react too.
Generally, strategy:
–> If the price crosses up from the cloud it can be considered as a positive “breakout” and the price will most probably continue in that direction.
–> If the price crosses down from the cloud it can be considered as negative “breakout” and the price will most probably continue in that direction.
–> If the price is above the black line it can be considered as positive sentiment, and if the price is below the black line it can be considered as a negative sentiment.
–> The indicator comes in 2 versions. The main difference is how the intelligent cloud is calculated. Sensitive or not.
HOW TO USE
1. Use the indicator to identify real-time market zones.
2. Use the indicator to visualize breakouts.
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