Fixed Gap Price Levels

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Indicator Description:
The Fixed Gap Price Levels indicator draws horizontal price levels at user-defined intervals on the chart.

Users can select a starting price level (e.g., 71 or 2.1).
Lines are drawn at fixed gaps (e.g., if 71 is chosen, lines appear at 71, 142, 213, etc.).
An optional midpoint line can be enabled to appear halfway between the main levels.
Customizable colors for both main and midpoint lines.
Lines extend across the entire screen for easy visualization of price levels.
This tool helps traders quickly identify key price levels based on predefined spacing, aiding in technical analysis.

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Sürüm Notları

The base price to be drawn from added - in the works will update

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Sürüm Notları

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Sürüm Notları

Indicator: Fixed Gap Price Levels 1.2
Overview
This TradingView indicator automatically plots horizontal price levels at fixed intervals (gaps) above and below a user-defined base price. It allows traders to visualize structured price levels, which can be useful for support/resistance zones, range trading, and breakout strategies.

Features & Customization
Base Price Selection

Users specify a base price where the first level is drawn.
Gap Size Between Levels

The user sets a fixed gap size, determining the distance between each horizontal level.
Customizable Number of Levels

Users can specify how many levels to draw above and below the base price.
Main Price Levels

Drawn at equal intervals based on the gap size.
Fully customizable with:
Color
Line width
Line style (solid, dashed, dotted)
Midpoint Levels (Optional)

Users can enable midpoint levels between each gap.
These are also customizable with:
Color
Line width
Line style
Automatic Extension of Levels

Levels extend across the entire chart for easy reference.
How It Works
The indicator calculates price levels at equal intervals (above and below) from the user’s base price.
If enabled, midpoint levels are also plotted halfway between each price level.
The lines automatically update as new price data comes in.
Use Cases
✅ Scalping & Range Trading – Identify fixed price zones for short-term trades.
✅ Support & Resistance Analysis – Visualize key levels at equal price intervals.
✅ Grid Trading – Helps in automated strategies using fixed price increments.