Crypto & Forex Intraday Levels

This indicator automatically Plots the Intraday Bullish and Bearish Levels for Major Crypto and Forex Counters. Preferred time frames are 15/30/60 Minutes

Calculation

Compute the Last 5 days O H L C then calculate H-O and H-L, take average of the difference of H-O and H-L then Minimum Value then the average difference is added with the day opening to get the bullish zone and the average is subtracted from the opening price to get the bearish zone

Trade Ideas

Long Trade Example 1

Buy Above the Bullish Zone



Long Trade Example 2

Buy While taking support from Bearish Zone



Short Trade Example 1

Sell Below the Bearish Zone



Short Trade Example 2

Sell While taking rejection from Bullish Zone



Set Automatic Alerts

You can add alerts to this indicator, so that when the price breaches the Bullish zone or the Bearish Zone it will be notified automatically.