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:

• 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.
    
    
  Price Labels for Key Levels:
  • 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.
    
  Peak Reaction Zones [BigBeluga] is a must-have tool for traders looking to trade with Smart Money Concepts, allowing for precise entries and exits based on key liquidity areas and market structure.