Region highlighting visually emphasizes areas where the price is ranging or in an accumulation zone.
By drawing a region around these zones, you can more easily identify potential breakouts. Once the price breaks out of the highlighted region, you can potentially enter trades using confluence from various strategies like the FlowMaster™ Enigma, DCDM, PRZ Cross, FibElliDott, and more.
The highlighted region marks an accumulation or price-ranging zone, awaiting a breakout in either direction.
How To Highlight A Region
WATCH: How to select the Region Highlight Tool to highlight a specific region on the chart.
Break Of Region
When a highlighted region is broken, it often indicates a strong move in that direction.
Here is an example where the region has broken to the upside, and the price continues to move higher.
Here is another example where the region has broken to the downside, and the price continues to move lower.
Region Breakout With Executed Trades
After a region breakout, it is advisable to place an order only if a signal or strategy is present with additional confluence across multiple charts.
Here is an example where the price breaks out of a highlighted region, followed by a DCDM indicating a potential upward move. Stops and targets are set according to the DCDM recommendations for better risk to reward,
Here is another example where the price breaks out of a highlighted region, followed by a DCDM indicating a potential downward move.Stops and targets are set according to the DCDM recommendations for better risk to reward,
More Examples Of Region Breakouts
Here is an example where a green Enigma has been plotted shortly after the price broke out of the region, indicating a potential for long positions.
Here is another example where a red Enigma has been plotted shortly after the price broke out of the region, indicating a potential for short positions.
Video Tutorial
WATCH: Vinny E. Mini shows how to use the region highlight tool in this compilation video.