PathFinder Zones

PATHFINDER ZONES

is a powerful yet intuitive tool designed to highlight key Support and Resistance zones. This indicator helps traders identify potential turning points in the market by mapping out untested, proven, or broken price zones. Whether you're a day trader or long-term investor, Pathfinder Zones is a valuable addition to your strategy, bringing simplicity and clarity to your analysis.

📌 Key Features

Support and Resistance Zone Detection

• Detects and displays support and resistance zones with various levels of strength.
• Automatically differentiates between untested, verified, and broken zones for easy reference.

Flexible Zone Types

• Customizable zone parameters, allowing you to show or hide weak, untested, and broken (turncoat) zones based on your preference.
• Fractal-based calculations for faster and slower zone formation, ensuring zones adjust dynamically to price action.

Interactive Zone Management

• Zones can be merged and extended to adapt to market behavior, preventing clutter and offering a cleaner charting experience.
• Supports the identification of nearest zones to current price, providing immediate visual cues for potential entries and exits.

🧩 Core Components

Zone Identification and Management:

• Pathfinder Zones identifies BUY (support) and SELL (resistance) zones, labeling them by their strength: weak, untested, verified, or proven.
• Zones are color-coded for quick recognition, with options to merge or extend zones based on market conditions.
• Integrated alerts notify users when the price enters a key zone, ensuring you're always aware of important market movements.

Fractal & ATR-based Detection:

• Utilizes fast and slow fractal methods along with ATR-based fuzz factor to detect accurate support and resistance levels.
• The fuzz factor allows for flexibility by incorporating volatility into zone boundaries, ensuring zones stay relevant even in volatile conditions.

Alerts & Notifications:

• The indicator includes customizable alert settings that trigger notifications when price interacts with a zone.
• Alerts can be configured for pop-ups, sounds, or even push notifications to keep you informed whether you're at your desk or away.

Visual Aids & Customization:

• Zones are drawn with customizable color schemes and line styles, giving you full control over their appearance.
• Information labels on zones, such as the strength and number of retests, are available for quick reference and can be toggled on or off based on your preference.

Performance Optimization:

• Manages large amounts of data efficiently, with support for multi-timeframe analysis. Ensures smooth operation even on high bar counts by dynamically resizing buffers and optimizing calculations.
• Customizable back-limit parameter to control how many historical bars are included in the analysis.