OPEN-SOURCE SCRIPT
Peak Reaction Zones [BigBeluga]

Peak Reaction Zones [BigBeluga] is an advanced Smart Money Concept (SMC) indicator that identifies the most recent swing high and swing low zones, helping traders determine premium and discount areas for optimal trade positioning.
🔵Key Features:
Swing High & Low Zones:
Premium & Discount Concept:
Adjustable Zone Width:
🔵Key Features:
Swing High & Low Zones:
- Automatically detects the latest swing high and swing low levels.
- Helps traders identify key reaction points where price is likely to respond.
Premium & Discount Concept:
- The high zone represents a premium area, where price is overextended and may reverse.
- The low zone represents a discount area, where price is undervalued and may bounce.
- The midline dynamically marks the equilibrium of the range.
Adjustable Zone Width:
- Users can fine-tune the width of the zones to match their trading style.
- Wider zones capture broader reaction ranges, while narrower zones focus on precise levels.
Zone Retest Signals:
- Blue markers appear when price retests the lower reaction zone, signaling potential support.
- Orange markers appear when price retests the upper reaction zone, indicating possible resistance.
- Displays the price value of the swing high, swing low, and midline for quick reference.
- Helps traders recognize major reaction points at a glance.
🔵Usage:- Smart Money Trading: Utilize the premium and discount concept to align trades with institutional order flow.
- Zone Reactions: Watch for price tests of reaction zones and use the retest signals to confirm potential reversals.
- Midline Confirmation: If price holds above or below the midline, it can indicate directional bias.
- Scalping & Swing Trading: Short-term traders can look for zone rejections, while swing traders can use the levels for trend continuation setups.
- Blue markers appear when price retests the lower reaction zone, signaling potential support.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.