![]() On the other side, it reflects the number of touches at that given price level, reinforcing the importance of particular price points. One side of the profile displays the volume traded at specific price levels, giving insights into where significant buying or selling has occurred. Double-Sided Profile: To the right of the range, a dual-profile is showcased. Zig-Zag Projections: Within the range, there's a zig-zag pattern indicating possible future touches, helping traders anticipate future price movements. This can provide insights into the strength or weakness of a particular level. Touches Counter: The numerical values associated with the support and resistance lines show the number of times price has interacted with these levels. These are derived from highly significant areas that have been touched many times before. ![]() This aids in identifying potential areas of buying and selling pressure. Key Features: Defined Range: The indicator demarcates a clear range, highlighting support and resistance levels within it. This indicator is not just a visually pleasing, but also a comprehensive guide to understanding the market’s dynamics at a given level. The Smart Money Range indicator is designed to provide traders with a holistic view of market structure, emphasizing potential key support and resistance levels within a predefined range.
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