An Indicator that helps determine Key Areas on the chart. You set the values you want the horizontal lines to update. They horizontal lines will be used for exits and entries of trade. My recommendation for these Key Areas are as follows ( These recommendations are mostly for day trading and swing trading ):
XAU: Value distance of 50 ex. XAUUSD. NAS: Value distance of 250 ex. NAS100/USTEC. ETH: Value distance of 100 ex. ETHUSD. AUD pairs: Value distance of 0.0200 ex. GBPAUD, EURAUD. CAD pairs: Value distance of 0.0100 ex. NZDCAD, EURCAD. CHF pairs: Value distance of 0.0100 ex. CADCHF, GBPCHF. GBP pairs: Value distance of 0.00350 ex. EURGBP. JPY pairs: Value distance of 2.00 ex. EURJPY, GBPJPY. NZD pairs: Value distance of 0.015 ex. GBPNZD, AUDNZD.
Note: These are subject to change and you can alter the lines anyhow you want to suit your trading style. These are what I recommend. Remember, Market is King.