Tradehook — Trading Automation Service
highSpecialty Suite

UnizonesAlgo

The Unizones Algorithm identifies significant price zones using multiple detection methods, then trades reactions at these unified levels. By combining different zone identification techniques, the system creates high-confidence support and resistance areas.

TradingView Preview
See this algorithm in action on real charts
UnizonesAlgo TradingView chart
Performance Metrics
Historical backtesting results
82.3%
Win Rate
4.38
Profit Factor
1.1%
Max Drawdown
$174
Avg Trade
Based on 2595 trades

About This Algorithm

UNIVERSAL ZONE DETECTION

Quick Facts:

  • Category: Support/Resistance
  • Markets: All markets
  • Timeframes: 1H, 4H, Daily

Overview

The Unizones Algorithm identifies significant price zones using multiple detection methods, then trades reactions at these unified levels. By combining different zone identification techniques, the system creates high-confidence support and resistance areas.

The algorithm merges zones from pivot points, volume clusters, and price consolidations into a single, actionable framework.


How It Works

ZONE DETECTION METHODS Multiple approaches combined:

  1. PIVOT ZONES: From swing highs/lows
  2. CONSOLIDATION ZONES: From tight price ranges
  3. VOLUME ZONES: Where significant volume occurred
  4. PSYCHOLOGICAL ZONES: Round numbers

ZONE MERGING Combine overlapping zones:

  • Zones within tolerance merged into single zone
    • Zone strength = number of methods confirming
    • Stronger zones have priority

ENTRY AT ZONES Trade reactions at confirmed zones:

  • Long: Price enters support zone, shows rejection
    • Short: Price enters resistance zone, shows rejection
    • Filter by zone strength

Key Parameters

DETECTION:

  • usePivotZones (true): Enable pivot detection
    • useConsolidationZones (true): Enable consolidation
    • useVolumeZones (true): Enable volume clusters
    • usePsychological (false): Enable round numbers

ZONES:

  • zoneTolerance (0.3): ATR ratio for zone width
    • mergeDistance (0.5): ATR ratio for merging
    • minZoneStrength (2): Minimum confirmations

ENTRY:

  • entryType ("Rejection"): "Touch" or "Rejection"
    • rejectionBars (2): Bars for rejection confirmation

Best Use Cases

✅ MULTI-METHOD S/R detection ✅ HIGH-CONFIDENCE zone trading ✅ CONFLUENCE zone identification ✅ OBJECTIVE level generation

Customer Reviews

No reviews yet. Be the first to review this algorithm!
Specialty Suite
Requires Specialty Suite Plan

Subscribe to Specialty Suite or higher to access

Subscription Access

Get access to this indicator/strategy on TradingView through our invite-only system. Your TradingView account will be granted access.

One-Time Purchase

Own the complete Pine Script source code forever. Modify, customize, and use it on your own TradingView account.

$3,000
Subscribe to any tier to unlock one-time purchases

What you get with source code:

  • Complete Pine Script v5 source code
  • Lifetime ownership - no recurring fees
  • Full customization rights
  • Use on your own TradingView account
PlatformTradingView
Subscription AccessTradingView Invite
One-Time PurchaseSource Code
LicensePersonal Use

We Value Your Privacy

We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking "Accept All", you consent to our use of cookies. Read our Privacy Policy for more information.