The Key Levels feature is a new addition to the Brutal Scalps indicator. Veterans might have noticed that back when we launched the first version of the indicator we had a backdrop of this feature , but we weren’t happy with the way it worked and we removed it later.
The good news is that Key Levels are back and this time we are so happy with the result that we added them as visuals and conditions to our breakout signal type here.
Key levels are a combination of the Smart Money Concept order blocks and the way candles interact with each other.
With this feature we are steering towards the limits of technical analysis, pushing the capabilities of Tradingview to the absolute max.
Key levels Colors #
We want everything to be easy with Brutal Scalps, yet complex enough to satisfy the needs of veteran traders. For this reason we have implemented a color code that allows you to establish what type the level you are approaching or are in at a given time.
Main colors #
Purple – Resistance level
Aqua – Support Level
Secondary colors #
Light Purple – Mitigated resistance level
Light Aqua – Mitigated support level
Other notes #
When ever a level is flipped from Resistance to Support or vice versa it will change color, this allows you to see at a glance where you are and where to potentially place your SL and Take Profits.