TradersHunt's Positional Indicator is designed for Intraday or Monthly Positional Trading for Indian Market but it can also be used for Global Markets and Commodities . It is based on Support & Resistance Levels as per Historical Data.
The details are as follows; Orange line is Trendsetter which means price closing above or below it will take the instrument in that direction. Green Level indicates strong buy price, and Orange level can be used as SL if trader is taking long position. Basically, a trader can use these levels as best Support and Resistance levels based on the ORB selected.