Логотип продукта "Area of Interest"
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.


Больше от этого автора
Market Sessions
Market Sessions is very important for traders.
FractalArrowBuySell
Fractal Arrow Buy and Sell Indicator
Индикатор
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.
Вам также может понравиться
MTF Candles
Multi Timeframe Candle drawing. Draw Any candles from any timeframe on your chart :-)
Hammer Pattern Indicator
Hammer Pattern Indicator
Volume Weighted Average Price
VWAP is a powerful tool for intraday traders
RangeBoxLevel
This technical analysis indicator provides information on market sentiment, trend and price levels....
Индикатор
breakout
signal
stocks
Darvas Box
The Darvas Box involves identifying "boxes" or trading ranges where a stock's price consolidates before breaking out.
TrendMagicOptimized
Clean trend indicator using CCI & ATR. Highlights up/down trends with adaptive, no-repaint lines.
TendSignal_indicator
Trend following signal
VegaXLR - Candlestick Patterns Pro
Identify 34 candlestick patterns, track trends across timeframes, and get instant alerts with this powerful trading tool
Индикатор
breakout
bollinger
btcusd
+5
Dynamic Range MomentumI
This histogram helps visualize the strength and direction of market movements, making it easier to spot potential trends
Half Trend BT
Half Trend BT by BullittTraders
Индикатор
forex
indices
eurusd
+1
DXY w HMA
DXY HMA Indicator
Round Numbers
Automatically draws major, minor, and trace support/resistance levels at round numbers
Stochastic RSI Indicator
Stochastic RSI Indicator
Индикатор
breakout
btcusd
supertrend
+5
Prime Trend Targets
PrimeTrend: ATR trendline detects reversals, plots entry/SL/3 targets. Tune params (speed vs. robustness). Backtest +
Break of Structure
The Break of Structure (BoSCHoCh) Indicator is a smart market structure tool designed to help traders easily spot trend.
Индикатор
forex
commodities
crypto
+1
Trend Lines Auto - FXMaster
Auto Trend Line Indicator for cTrader
calculateSpreads_withSourceCode
Indicator calculates spread in pips