Looks at increasing or decreasing volume over the last 3 bars as well as how the last three price bars have close. The idea is to use a color bar as confirmation of support/resistance at that level.
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I love Tradingview and enjoy sharing my swing trading ideas. I currently run APA Zones which is a trading company that promotes support and resistance zones - supply and demand zones - trading and trendfollowing techniques. https://apazones.com