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DML

a powerful analytical tool designed to identify dynamic support and resistance levels based on daily market movement. The tool aims to help traders understand critical turning points in the market and leverage them for informed trading decisions.
use 1-5 min
Level Definitions:
L1:
Represents the first resistance in the market. It signals where the price is expected to face downward pressure, often leading to further downside expansion.

L2:
Serves as the last resistance level before the price enters the daily range zone (rebalancing zone). It often acts as the final barrier before the market moves back toward the midpoint.

L3:
Indicates the upper resistance zone, designed to push the price back toward the balance area. This level is a critical reversal zone if the price rises above it.

L4:
Represents a strong support level. When the price holds above this level, it facilitates further upward expansion.

L5 balance :
Acts as the midpoint of the daily range, reflecting the balance between supply and demand. It is often used as a reference point for market direction.

Key Features:
Dynamic Level Identification:

The tool dynamically updates levels to reflect market changes, ensuring traders have the most accurate information.
Clear Visual Representation:

Levels are displayed as distinct horizontal lines, with shaded areas between critical zones such as L2 and L3 for easier visual analysis.
Professional Market Analysis:

Helps forecast key reversals or trend continuations by analyzing interactions with support and resistance levels.
Who is This Tool For?
Day traders looking for quick and precise level identification.
Market analysts aiming to deepen their understanding of dynamic market behavior.
Professional traders who rely on supply and demand strategies for decision-making.
Why Use This Tool?
This tool provides a comprehensive and dynamic perspective on critical market levels, enabling traders to make smart and calculated decisions. It enhances your daily strategies by clearly outlining key areas of resistance and support, helping you maximize your trading potential.
Bands and Channelsforecasting

Skrip terproteksi

Skrip ini dipublikasikan secara closed-source dan anda dapat menggunakannya dengan bebas. Anda dapat memfavoritkannya untuk digunakan pada grafik. Anda tidak dapat melihat atau mengubah kode sumbernya.

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