„Area of Interest“-Logo
Area of Interest
0.0
23/08/2025
1
Desktop

1. Purpose of the Indicator

This Area of Interest cTrader indicator identifies support and resistance zones within a user-defined lookback period, and visually highlights them as “Areas of Interest” on your chart.
It helps traders quickly see key price levels where reversals or breakouts are more likely to occur.

2. How the Code Works

  • Lookback Period – The number of previous bars (candles) the indicator will scan to find the highest high and lowest low.
  • Higher values → broader zones.
  • Lower values → more recent levels.
  • Zone Height – The vertical size (thickness) of the support/resistance area in pips.
  • Helps make the zone more visible and adjustable.
  • Clears old drawings before plotting new ones to avoid clutter.
  • Collects high and low prices for the lookback range.
  • Finds the highest and lowest price levels (resistance & support).
  • Converts zone height from pips to actual price value.

3. Usage Instructions

  1. Attach the Indicator
    • Open cTrader, load a chart, click Indicators → Custom → AreaOfInterest.
  2. Adjust Parameters
    • Lookback Period:
      • For swing trading → Use larger values (e.g., 100–200).
      • For scalping → Use smaller values (e.g., 20–50).
    • Zone Height: Adjust to your trading style and instrument volatility.
  3. Interpreting the Zones
    • Red Zone (Resistance) – Price tends to reverse or slow down when entering this zone.
    • Green Zone (Support) – Price often bounces upward from here.
    • Look for:
      • Price rejection
      • Candlestick patterns (pin bars, engulfing)
      • Confluence with other indicators (EMA, RSI, Fibonacci)
  4. Trading Examples
    • Bounce Trade: Enter long near the green zone with a stop just below it.
    • Breakout Trade: Wait for prices to close above the red zone for a bullish breakout.
    • False Break Detection: Watch for wicks beyond the zone but closed inside (possible reversals).


A profitable trader used this tool.


More from this author
Market Sessions
Market Sessions is very important for traders.
Indikator
signal
FractalArrowBuySell
Fractal Arrow Buy and Sell Indicator
Indikator
indices
vwap
gbpusd
+22
Candle Timer
Candle Timer best used for Scalper
MultiTF-Pivot_SR
MultiTF Pivot and SR Indicator
BoS CHoCH
BoS and ChoCh are useful for detecting Market structural points.
Break of Structure
The Break of Structure (BoSCHoCh) Indicator is a smart market structure tool designed to help traders easily spot trend.
Market BIAS Detector
The Market BIAS Detector is a smart trading assistant designed to identify the market.
SpreadCalculator - BossFXTrader
Spread Calculator to calculate the difference between two prices or values.
Das könnte Sie auch noch interessieren
Repiptor RSI Amplified
RSI Amplified
RT Time Segmented Volume
Enhance trading with TSV! Analyze volume flow and price trends using the powerful Time Segmented Volume indicator.
Indikator
signal
DARK POLL SIGNAL_noSourceCode
Dark Poll Signal Indicator.liquidity leakage,precedes the great movement, accumulation, distribution
Indikator
breakout
forex
btcusd
+9
Square Matrix Trading System
Square Matrix Trading System by LudwigICT – Institutional-Grade Trading Clarity in cTrader
support and resistance
Support and Resistance Line Indicator with Higher Timeframe Filter
Indikator
rsi
signal
Wyckoff Toolkit [Iridio Capital]
The Wyckoff Toolkit is the ultimate ally for traders seeking to decode the market through the lens of "smart money."
Indikator
forex
vwap
SESSIONS TRINITY
Setup for Ctrader SMC
Reko Wic
Visualize global Forex trading sessions with clear time blocks for better timing and strategy planning.
Indikator
breakout
VIX - volatility indicator - Renko
Volatility indicator for Renko.
IVB 2.0
IVB 2.0 is an indicator that works on the strategy of imbalance of the maximum volatility box of indices
VegaXLR - Candlestick Patterns Pro
Identify 34 candlestick patterns, track trends across timeframes, and get instant alerts with this powerful trading tool
SmartLiquidityZonesPRO
Smart Liquidity Zones PRO auto-detects liquidity grabs, wicks, traps & manipulations — trade like the smart money.
Indikator
indices
rsi
signal
QQE-MTF
Multi-timeframe version of the Quantitative Qualitative Estimation (QQE) indicator.
TDI_Pro
Traders Dynamic Index (TDI) — Divergence Edition
VegaXLR - Market Sessions Alerts
The cTrader Market Sessions Alerts Indicator marks global sessions, highlights key levels, and sends real-time alerts.
Indikator
bollinger
RT Qualitative Quantity Estimation
Unlock trading precision with QQE! Dual QQE indicators with a Bollinger Bands zero line provide clear buy/sell signals.
PVA Volume+Analysis_noSourceCode
PVA Volume Analysis Indicator:Price volume over trend strength and direction
Indikator
forex
indices
commodities
+2
MARainbow
MARainbow gives you the edge with four customizable moving averages—each color-coded for instant recognition.