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Congestion Zones
Congestion Zones
Sale page: https://www.tradershelpdesk.com/best-trading-indicators-2/congestion-zones/
The NinjaTrader Support Resistance Indicator shows the support and resistance from the higher periods on a single chart. As most traders are aware, congested locations can result in significant losses. Congestion regions emerge as price tests support and resistance on higher timeframes, which most traders are unaware of. As a visual cue that price is approaching a region that might act as support or resistance, the Congestion Zones Support and Resistance indicator employs a unique algorithm developed to overlay the support and resistance from the higher timeframes on the lower timeframes. This keeps businesspeople out of these risky places.
Set your higher timeframes in the indicator, then observe as the price moves to these levels on its own. That’s how easy it is!
The subscription includes voice and email notifications in addition to the indication for both charting and the scanner.
The Trend ATR for charting and the indication for RadarScreen are included in the subscription, along with email and audio notifications.
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