"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.
Indicator
signal
FractalArrowBuySell
Fractal Arrow Buy and Sell Indicator
Indicator
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.
You may also like
ictkillzonesfromnovem
ICT ALL KİLL ZONES, LONDON , ASİA, NY AM, NY LUNCH, NY PM
VWAP Pro
Advanced VWAP with up to 30 anchored levels, multiple timeframes, memory mode, standard deviation bands & simple GUI
ZigZag T3
Three ZigZag lines
Indicator
rsi
macd
SmartBot-MACD & RSI Indicator
This indicator is a combination of MACD and RSI into one. This is perfect fusion and powerful indicator ever.
Indicator
forex
indices
usdjpy
Yen Index w HMA
Yen Index
Supply Demand V1-Premium
Auto-detect supply & demand zones, remove broken levels, and trade smarter with real-time alerts. Precision made simple.
Supertrend TV
REAL Supertrend because default Ctrader Supertrend gives different signals
DailyPivotPoints
Daily Pivot Points plots key support and resistance levels to guide precise trading decisions.
Indicator
forex
indices
crypto
+1
Bullet Chart Trend
Unique Pyramid Design , Clear Price Action Trend
Indicator
rsi
scalping
signal
+1
Long Wick
Identify potential reversal points in the market by detecting candles with exceptionally long upper or lower wicks
Indicator
breakout
btcusd
supertrend
+4
Dynamic Market Structure Analysis of Turning Points
Identify market structure effortlessly with swing highs, lows, CHoCH, and BOS levels for smart trading decisions! 📊🔍"
[Hamster-Coder] Moving Average MTF
Universal multi time frame 'Moving Average' indicator with extended features
Weis & Wyckoff System v2.0
Weis & Wyckoff System v2.0
Indicator
breakout
indices
btcusd
+7
RSI Divergence
Detects bullish and bearish divergences
Indicator
breakout
ai
signal
Verve Ai Range Scalper
ICT Channel – Precision buy/sell signals , customizable settings , User-Friendly Interface
Indicator
breakout
indices
vwap
+4
ProVWAP
Advanced Anchored VWAP for cTrader: volatility bands, real‑time alerts & customizable session resets.
ADX and ADI
This custom indicator is a complete implementation of the Average Directional Index and Directional Indicators.
Indicator
xauusd
commodities
True Open Pivot Levels
This indicatorFull Description: Th shows the open price lines at key market times based on Eastern Standard Time (EST).