Introducing the Advanced SR indicator. This indicator is useful for identifying the most important key levels on a chart.

Your assignment:

I don't know how to accurately identify key price areas.
Zones of supply and demand or support and resistance are drawn as are 99% of traders.
I feel that the zones of supply and demand, support and resistance that we have drawn are ineffective.
I am not certain about the safety of the entry and exit points.

Advanced SR addresses all of these challenges. It uses algorithms that leverage trading volume to identify key levels and price areas where significant trades are made by the market's major players, allowing you to quickly identify important price areas. By relying solely on these key levels, you can easily build your own trading strategy.

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The Advanced SR indicator provides an alert each time price approaches a key level, allowing you to be prepared to trade at that point. It is suitable for both novice and professional traders.

Recommended settings for scalping:

IndicatorName = "Advanced S&R";.

Comment_1 = "========= indicator settings ===========";

Timeframe = H1;.

SRLevel = STRONG;.

SRZonePoints = 50;.

StartBars = 0;.

MaxBars = 1000;.

Comment_2 = "======== line drawing settings ============";

DrawLinesEnabled = true;

ResistanceColor = clrGreen;.

SupportColor = clrRed;.

LineThickness = NORMAL;.

DrawZones = true;

ZoneResistanceColor = clrMediumSpringGreen;.

ZoneSupportColor = clrMediumVioletRed;.

DrawWindowEnabled = true;

Comment_3 = "========= notification settings ===========";

EnableNotify = false;

SendAlert = true;

SendApp = false;

SendEmail = false;

Comment_4 = "========= other settings ===========";

TextColor = clrBlack;.

If you have any questions or need assistance, please feel free to contact us via private message.

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