Precision Levels

15 thg 5

This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.


Customizable Settings: Adjust visual styles to suit your trading strategy.

Multi-Timeframe Support: View and plot levels from higher timeframes using the monthly and weekly levels.

User-Friendly: Lightweight design with clear plotting for easy integration into any setup.

How It Works:
The indicator plots simple Support and resistance. Zones are labeled monthly, weekly, and daily
Usage:
Apply the indicator to your chart.

Enter a value for each support and resistance level. Drag and Adjust on the chart to your liking.

Use the plotted levels to identify potential reversals, breakouts, or stop-loss placements.

Combine with other tools (e.g., trendlines or oscillators) for confirmation.

Note: This is the open-source version of my previously protected Support and Resistance Indicator. The protected version is flagged and hidden from community and no longer maintained. Feel free to explore and modify the code to fit your needs! For feedback or suggestions, leave a comment below or message me direct.

12 thg 6

Phát hành các Ghi chú

Added highlighted price labels next to Daily/Weekly/Monthly labels with adjustable size.

Introduced semi-automatic ES/SPY conversion: Manually input daily ES spread or SPY calculation to adjust SPX levels.

Note: Levels cannot be dragged when ES/SPY conversion is active. Uncheck ES/SPY boxes to enable dragging.

13 thg 6

Phát hành các Ghi chú

Updated chart to showcase version 2.0 features

28 thg 6

Phát hành các Ghi chú

New Features

Customizable Label Placement:
Adjust horizontal position of price and level labels
Avoids overlap with volume profiles

Streamlined String Input:
Reordered: 6 Daily, 2 Weekly, 2 Monthly (e.g., 6180,6170,6160,6150,6140,6130,6190,6120,6200,6110).

Daily Color Order:
Daily 2Red,2Pink,2Red

Level Label Toggle:
Option to remove Level Labels