
by Rob Tovell
for TradingView

FireLines are a proprietary price forecasting model that produces price levels where we can expect to see significant intraday trading activity as future support and resistance levels. Packaged as a complete trading system by showing which areas are most likely to product a range vs trend along with actionable price-action based entry and exit methods.
Each day, a yellow value zone is plotted flanked by the Upper Value Level (UVL) and Lower Value Level (LVL). While in this ranch, prime is considered weakly bullish over the Inflection Point, or IP. Once outside of the value area, FireLines plots 1st, 2nd, and 3rd Bull and Bear FireLines.
While avoiding price action between the Dynamic FireLine (DVL) moving average and IP, traders watch for a handful of tried and true price action set-ups when they occur at a FireLine (or only in the case of FIBWITS, between levels).
The FireLines System is a system of levels, entries, exits, and targets that can be used as a stand-alone system or as a tool to supercharge your trading and give you more confidence with your entries.
Learn more and see it in action on my free YouTube playlist.
Learn More at the Official FireLines Website
(Affiliate Link)