Level Trader

Use support, resistance and demand or supply zones to choose which signals to take.

When to use it#

• The market respects clear horizontal levels.
• You like trades with an obvious reason and an obvious invalidation.

Settings#

Anything not listed stays on its default. See the Full Settings Reference for every option.

Step by step#

1. 1
   Mark the nearest zones above and below

   A BUY near demand with open space up to supply is the cleanest version of this setup.
2. 2
   Look for a Shift or Break in your direction

   A Shift is often the first sign a trend is turning. A Break confirms the trend is continuing.
3. 3
   Take the signal and compare the targets to the zones

   If TP1 is beyond the next supply zone, plan to take profit at the zone instead.

Managing the trade#

• Treat the next opposing zone as a natural place to reduce size.
• If price closes back through the zone you bought from, the reason for the trade is gone.

When to skip it#

• The signal prints in the middle of nowhere, far from any level.
• There's an opposing zone right above your entry.

Common mistakes#

• Drawing so many levels that every price is 'near a level'.
• Ignoring the stop because 'the zone will hold'.

Related playbooks#