LCM KEY ZONES INDICATOR FUNCTIONS & FEATURES
The indicator displays 3 separate support and resistance types/function… 2 price support resistance functions -A. Swing S/R and – B. Inside bar S/R… The indicator displays 1 volume support resistance function – C. Volume flow s/r.
The indicator has 5 candle functions… Trend, Strong bar, weak bar, strong to neutral bar and weak to neutral bar…
SUPPORT/RESISTANCE FUNCTIONS…where to enter exit
2 PRICE SUPPORT/RESISTANCE FUNCTIONS…
A. Swing Zones
B. Inside bar zones
3 VOLUME PROFILE – VOLUME S/R FUNCTIONS
A. Buyers volume value zone
B. Sellers volume value zone
C. Volume Point of control – ( V.P.O.C ) ____________________________________________________________
2 PRICE CANDLE FUNCTIONS…how strong is the move
STRONG VS WEAK BAR IDENTIFICATION
A. Bar closed on bullish strength – S
B. Bar closed on bearish strength – W
C. Bar closed on neutral to bullish strength – ns
D. Bar closed on neutral to bearish strength – nw
TREND CANDLES
A. Price candles colored by trend direction – Option
FEATURES
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6 FEATURES
A. 1 CLICK ZONE EXTENSION
1. 1 click on zone or line to extend and lock zone to right side of chart to separate from other zones
B. ISOLATE BY SUPPORT ZONE ONLY OR RESISTANCE ZONE ONLY
1. Can display resistance zones only or support zones only
C. LOCK ZONES ON MULTIPLE TIME FRAMES
1. When zone is extended the zone will remain displayed on all time frames
D. VIEW ZONES 1 OR 2 TIME FRAMES UP
1. Can display zones for 1 time frame up or 2 time frames up from current time frame
E. DISPLAY S/R BY ZONE OR BY LINES
1. Option to display s/r by zone or by line/s
F. DISPLAY BUY PRICE AND SELL PRICE FOR ENTRY
1. Display showing suggested entry price/s
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Raw chart… No buttons activated
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SWING SUPPORT & RESISTANCE
Click to activate swing lines &/or zones
Click to activate only swing highs
Swing high is a term used in technical analysis that refers to the peak reached by an indicator or a security's price. A swing high forms when the high of a price is greater than a given number of highs positioned around it.
KEY ZONES FUNCTIONS IMAGE 5 SWING LOW ACTIVATESwing low is a term used in technical analysis that refers to the troughs reached by a security’s price or an indicator. A swing low is created when a low is lower than any other surrounding prices.
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INSIDE BAR SUPPORT & RESISTANCE
VOLUME FLOW SUPPORT & RESISTANCE
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STRONG & WEAK BARS
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FEATURES