TradingView user preuss_steffen has shared a concise guide on using the ZoneLens tool, now updated to version 4.0. The tutorial covers key features like order blocks, fair value gaps, and the automatic higher timeframe analysis. The tool helps traders identify zones, structure, and alerts for stocks like NASDAQ:AAPL, AMZN, and QQQ.
ZoneLens 4.0 introduces several improvements, including the ability to label order blocks with BOS or ChoCH tags, track fair value gaps with fill percentages, and maintain a clean chart by removing zones upon first touch or flipping. The tool also highlights bands from repeated tests and swing lines, along with a Keltner trend channel for trend analysis.
The tutorial emphasizes a five-step routine for using ZoneLens effectively. It also details the sixteen single alerts and combined alert messages available within the tool. The charts provided in the tutorial showcase AAPL on a 1-day timeframe, AMZN on a 4-hour timeframe, and QQQ on an hourly timeframe.
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