Settings

Whale Trade Finder Settings Overview

Similar to Auction Finder, Whale Trade's default settings provide traders with a starting point to begin analyzing markets. By default, the indicator is set up to display the most recent whale buying/selling, specific to that timeframe:

This helps traders quickly see where the most recent areas of support and resistance are in the market:

While the default settings provide traders with a starting point, enabling previous buying/selling areas can provide traders with a bird's eye view of what has and hasn't been working. This can be especially helpful in identifying market trends, as traders can observe whether buying/selling areas are being accepted or rejected.

Traders can access up to three past buying/selling areas. The previous areas are numbered from #1 to #3, classified by the order of occurrence, with the most recent identified as #1 and the oldest area as #3:

By enabling these previous buying/selling areas, traders can analyze historical data and identify patterns or trends of whale-type activity that may be repeating in the market. This can be particularly useful for identifying important areas of support/resistance that may have been established in the past based on areas where a significant amount of buying/selling activity was detected:

Whale Trade Finder can help traders make more informed trading decisions by identifying past areas where whale-type activity was detected, which can also be useful for identifying important support/resistance areas that may have been established in the past. By analyzing historical data and identifying patterns or trends that may be repeating in the market, traders can optimize their profitability while minimizing risk.

This indicator is a unique tool that analyzes multiple parameters and data conditions to identify unusual market activity. With it's user-friendly interface and advanced algorithm, Whale Trade Finder can help traders reduce losses and improve their profitability.