Price Action Toolkit: Premium & Discount Zones
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Premium & Discount Zones allow traders to know if they are buying or selling an asset at a discounted price, paying a premium, or purchasing at a fair value. The Price Action Toolkit automatically identifies these areas on your chart.
When price is below the equilibrium zone, it's at a discount. When price is above the equilibrium zone, it's at a premium.
Settings
In the settings, you can customize the colors of the Premium, Discount, and Equilibrium zones. You can also toggle on/off the text labels for each zone.
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