This indicator draws trading zones by fractals from older periods, which simplifies trading by levels.

On one chart, this indicator draws two types of trading zones.

For example, if the current period is H1, then trading zones will be searched by fractals with H4 and with D1.

In the standard settings, fractal zones with H4 will be drawn yellow, and with D1 – green.

When overlapping zones, colors are mixed at the intersection of the zones. How to fix this thing, I do not know at the moment.

The principle of searching for fractal zones

The zones are located by fractals. During the sorting of fractals, fractal zones are found. When checking the next fractal, it is checked whether this zone already exists or not. If there is no such zone, then a new zone is created. The height of the zone is determined by the height of the shadow of the fractal candle. If the height of the zone is too small, then it increases to the minimum height.

The principle of displaying fractal zones

For each period there is a search for fractal zones from the older periods:

Description of parameters

In the settings, you can change the following parameters:

• The color of the levels
• The color of the zone from the next period
• The color of the zone from the older period
• Text color
• Text size
• For how many bars to look for fractal zones
• Show zone rating
• Show zones of older periods
• Minimum height for each zone
• Prefix of the name of objects

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Zone rating

I do not know how much rating is needed. This is still an experiment. By zone rating, I mean how many fractals touched the fractal zone. If there is no need for this, then I will remove the rating.

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