Prediction Zones
Prediction Zones predict zones of indicator and price levels into the future.
Currently featuring the Relative Strength Index and the Money Flow Index, Prediction Zones will display at what future prices these indicators will reach user defined outputs.
A classic use-case example of this would be for options traders as these zones can be used as support and resistance areas. For example, if you believe the daily RSI won’t reach below 30 before the end of the week, you can use this zone as another data point for deciding where to put your short strike.
The zones can be shown into the past too so you can see how they behaved on historical data.