Premium & Discount

Premium & Discount settings

Dealing Range Analysis

To consistently make profitable trades, you need to buy low (cheap) and sell high (expensive). In institutional trading, this concept is formalized as Premium and Discount zones within a Dealing Range.

This tool acts as your automated "valuation" scanner, ensuring you never buy at the top or sell at the bottom.

The Zones

The indicator identifies the current Trading Range defined by the most recent major Swing High and Swing Low.

• Premium Zone (Top 50%): 🔴

  • Status: Expensive.

  • Action: Prioritize Short setups. Institutions are looking to offload positions here.

• Discount Zone (Bottom 50%): 🟢

  • Status: Cheap.

  • Action: Prioritize Long setups. Institutions are looking to accumulate positions here.

• Equilibrium (50% Level):

  • Status: Fair Value.

  • Action: Price often consolidates around this level before choosing a direction.

Optimal Trade Entry (OTE)

Within the Premium or Discount zones, we highlight a specific "sweet spot" (typically the 70-79% retracement). This is high-probability reversal area where risk-to-reward is maximized.

Visual Customization

Choose the aesthetic that fits your charting style:

• Classic: Distinctly colored zones (Red for Premium, Green for Discount). Best for beginners.

• Modern: Sleek, minimalist shading that blends into the background.

• Minimalist: Only draws the critical levels (0, 0.5, 1) without background fills.

• Simple: Just the range boundaries.