SNR Zone Indicator

SNR Zone Indicator

Determine super buy-sell zones on forex & stock charts using the best MTF price level SNR Zone Indicator in MT4. Points to intraday trade entry, exit & stop-loss levels.

The SNR Zone Indicator represents an automatic price level analysis tool developed for assisting MT4 day/intraday traders in determining precise trade entry/exit zones.

Price levels play crucial roles in financial trading, and economists pay particular attention to them. Supply and demand are interdependent, and this relationship determines market pricing. They directly impact bullish and bearish forces and remain balanced at an equilibrium price. Prices tend to return to this equilibrium unless specific demand or supply characteristics alter.

Technically, the SNR Zone is a non-repaint indicator that lags less and leads you to critical market events for decision makings. Since it automatically determines the potential price levels, you don’t need to manually draw the support/resistance lines.

How to determine precise forex & stock buy-sell levels using the SNR Zone Indicator for MT4

The SNR Zone Indicator outlines the potential market levels based on price positions compared to the intraday breakout zones. For instance, when the price holds above the blue box, it means the market is in a bullish trend. In such a case, use the green box as the key target and the aqua box as the potential stop-loss zone.

Please note that the SNR Zone Indicator will not plot a direct buy-sell signal. So, whenever the price strikes the intraday breakout levels, look for further price actions like candlestick patterns for trade confirmations.

Conclusion
The SNR Zone Indicator is a useful price-action indicator for daily technical traders. It releases you from the hassle of chart drawings and manually finding key price levels. We recommend you place MT4 alerts near the entry, exit, and SL zones so you can always experience crucial price events around key market levels.