Skip to content
AlertaChart
← Help Center

Pro Lab

Level confluence: where support and resistance stack up

2 min read

Mobile AppDownload on the App StoreGet it on Google Play

Level confluence gathers levels of different kinds around the price and shows where they meet. A zone where liquidations, options, volume and structure point to the same price counts for more than a single line. It is a Pro Lab tool, part of the Pro and Elite plans.

Using it

  1. On a computer, press Pro Lab on the right-hand toolbar; on a phone, open the analysis centre from the chart's bottom bar and choose Pro Lab. Then choose Level confluence.
  2. Enter a symbol or keep the one on your chart, and choose the timeframe of the structure levels.
  3. In the settings, choose the sources, the merge distance (a share of the daily ATR), how many different kinds a zone needs (1, 2 or 3) and the range around the price (3, 6 or 12 daily ATR either side).
  4. Pick a zone on the price ladder or in the table to see the levels it is made of.

The sources

  • The prior day's, week's and month's high, low, open and close; swing highs and lows on 4-hour and daily bars; round numbers.
  • Auto Analysis support, resistance and channel lines, and the Fibonacci levels of its last leg.
  • Volume profile (the last day's and week's point of control, value area and high-volume nodes) and moving averages (the daily 50, 100 and 200 and the weekly 20 and 50).
  • For coins, estimated liquidation clusters from Binance futures; for coins with options, call and put walls, max pain, the gamma flip and the expected move over 30 days.

Good to know

  • The more kinds meet in a zone and the stronger each level, the higher its score and the thicker its band. Broken swing levels count for less.
  • Liquidation clusters are an estimate from changes in open interest, not real orders.
  • Copy a zone to paste its range, score and sources somewhere else.

Related articles

Mobile AppDownload on the App StoreGet it on Google Play