Valtos SR Levels
by Mike Valtos, orderflows.com
Read more… or explore the user guide
Valtos SR Levels is an add-in for selected trading platforms and available on a monthly subscription. You can also select to license it as part of emoji trading Order Flow Suite of 14 indicators.
Valtos SR Levels
Valtos SR Levels identify supply and demand levels using order flow analytics algorithms developed by Mike Valtos of orderflows.com
emoji trading’s implementation of this indicator adds our:
- Advanced Lookback Analysis for time- and price-based filtering that’s independent of the chart type and period you have applied the indicator to. For example, show Valtos SR Levels only when we are within 2 ticks of the session high, making new highs or at the highest high in a rolling 30 minute window since the day session started.
- EmojiZone Visualization and level tracking so that you can see if and how the identified levels are defended when they re-trade and their ongoing likelihood of holding or breaking. All identified Valtos SR Levels are made available programatically to your trading platform to enable alerts and automated trading from indicator signals.