Zone Sniper
Zone Sniper draws automatic zones on any ticker and any timeframe. It works best on the 1 hour chart.
What is the Zone Sniper?
Zone Sniper draws accurate supply and demand zones automatically on any timeframe and any ticker.
Supply Zone:
- A supply zone is an area where selling pressure has historically been strong enough to drive the price down.
- It represents a resistance level where there is a surplus of sellers.
- Traders look at supply zones to anticipate where the price might reverse or slow down during an uptrend.
Demand Zone:
- A demand zone is an area where buying pressure has historically been strong enough to drive the price up.
- It represents a support level where there is a surplus of buyers.
- Traders look at demand zones to anticipate where the price might reverse or slow down during a downtrend.
Want to take the next step in your trading journey?
TradeBeacon has been created to make your life easier, your trades better, and for you to not have to be staring at screens all day. Come see what hundreds of traders swear by.