Use examples to learn interpretation—not to infer guaranteed performance
The screenshots in this guide are real LevelBeacon chart states supplied from TradingView. They demonstrate what the indicator looks like in different conditions. They are illustrative chart states, not a performance report, and a historical reaction does not guarantee the same outcome next time.
Example 1 — support location
Example 2 — resistance location
Example 3 — split short- and higher-timeframe context
Example 4 — mixed MTF context
Example 5 — WATCHING
Example 6 — BULL ACTIVE and BEAR ACTIVE
Example 7 — confirmed setup markers
Example 8 — previous levels and frozen readings
How to study your own screenshots
- Write the symbol, feed and timeframe.
- Mark the active blue level and its role.
- Record Bull/Bear Strength.
- Write the three relevant MTF colors.
- Record WATCHING/BULL ACTIVE/BEAR ACTIVE.
- Note whether an Opportunity or strict Setup happened.
- Only after that, record what price did next.
This order reduces hindsight bias because you capture what LevelBeacon actually showed before judging the outcome.
Walk through two screenshots without hindsight
Support screenshot: bullish pressure, extended location
The support example shows Bull 75.6% and Bear 24.4%, with WATCHING beside the blue level. On its 5m chart, the 5m and 15m dots are green while 1H is red. Price is already above the reference: do not infer an entry simply because Bull leads. A static picture cannot prove that Opportunity passed its distance test at an earlier close.
BEAR ACTIVE screenshot: separate the event from current context
The BEAR ACTIVE example shows Bull 41.5% and Bear 58.5%. The state records a recent Setup; the percentages describe the current displayed context. The marker is above an earlier candle, not an instruction to sell at the screenshot’s latest price. Check location and your risk plan again.
A practice task
Cover the candles to the right of the point you are studying. Write down what was visible then, what confirmation your plan requires, and what would make you wait. Reveal later candles only after recording that decision. These images show chart states, not executed trades or trade results.