Auto-Calculated Pivot Line/Zone (Based on Time Range)

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Automatically Calculated Pivot Line/Zone

Harness the power of precision with this Custom Time Range Average Line indicator—designed to pinpoint key equilibrium and pivot levels within consolidation zones after a breakout. Select any start and end time to capture the critical price action shaping the market structure between swings, and calculate the true average price using your choice of open, close, high, low, or midpoint.

Once the defined period concludes, the indicator freezes the average and extends it forward as a clear horizontal ray, acting as a powerful reference for fair value and market balance. This dynamic line shines brightest within consolidation phases, helping traders identify pivot points and equilibrium zones that often serve as magnets for price after a breakout.

Customize the line width to suit your style—use a thinner line width input for a precise single average line, or increase the width to visually represent a broader range or zone. Fully adjustable line color and thickness options ensure this tool integrates seamlessly into any chart setup.

Elevate your trading edge by visualizing the hidden balance points between market swings—turning consolidation chaos into clear, strategic opportunities!

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Phát hành các Ghi chú

New mode added- high and low. This can be used to define a full zone for a given range.