How to use this :

The Buy/Sell levels will be calculated on 1 of 4 things (you can choose any one which you prefer)

1. Todays Open price

2. Previous Day High

3. Previous Day Low

4. Previous Day Close

The Buy/Sell levels will be displayed in these ways

1. In a Table

2. on the Chart

You can turn them on/off according to your preference!

I can't seem to find the original documentation or a link to it.

i have it's excel file, in which we have to enter following data :

1. Todays Open price

2. Previous Day High

3. Previous Day Low

4. Previous Day Close

and the buy/sell levels are calculated by using the above data in following manner :

Based On Today's Opening Price

(lets call it TDO )

Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell

11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( TDO )-0.0625)^2``````` =(sqrt( TDO )+0.0625)^2````` SL

22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( TDO )+0.125)^2```````` =(sqrt( TDO )-0.125)^2`````` Buy/Sell At

45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( TDO )+0.25)^2````````` =(sqrt( TDO )-0.25)^2``````` Target-1

90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( TDO )+0.5)^2`````````` =(sqrt( TDO )-0.5)^2```````` Target-2

135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( TDO )+0.75)^2````````` =(sqrt( TDO )-0.75)^2``````` Target-3

180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( TDO )+1)^2```````````` =(sqrt( TDO )-1)^2`````````` Target-4

225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( TDO )+1.25)^2````````` =(sqrt( TDO )-1.25)^2``````` Target-5

270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( TDO )+1.5)^2`````````` =(sqrt( TDO )-1.5)^2```````` Target-6

315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( TDO )+1.75)^2````````` =(sqrt( TDO )-1.75)^2``````` Target-7

360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( TDO )+2)^2```````````` =(sqrt( TDO )-2)^2`````````` Target-8

sqrt = square root

TDO = Today's Opening Price

PDH = Previous Days High

PDL = Previous Days Low

PDC = Previous Days Close

Based On Previous Days High Price

(lets call it PDH )

Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell

11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( PDH )-0.0625)^2``````` =(sqrt( PDH )+0.0625)^2````` SL

22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( PDH )+0.125)^2```````` =(sqrt( PDH )-0.125)^2`````` Buy/Sell At

45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( PDH )+0.25)^2````````` =(sqrt( PDH )-0.25)^2``````` Target-1

90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( PDH )+0.5)^2`````````` =(sqrt( PDH )-0.5)^2```````` Target-2

135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( PDH )+0.75)^2````````` =(sqrt( PDH )-0.75)^2``````` Target-3

180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( PDH )+1)^2```````````` =(sqrt( PDH )-1)^2`````````` Target-4

225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( PDH )+1.25)^2````````` =(sqrt( PDH )-1.25)^2``````` Target-5

270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( PDH )+1.5)^2`````````` =(sqrt( PDH )-1.5)^2```````` Target-6

315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( PDH )+1.75)^2````````` =(sqrt( PDH )-1.75)^2``````` Target-7

360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( PDH )+2)^2```````````` =(sqrt( PDH )-2)^2`````````` Target-8

Based On Previous Days Low Price

(lets call it PDL )

Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell

11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( PDL )-0.0625)^2``````` =(sqrt( PDL )+0.0625)^2````` SL

22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( PDL )+0.125)^2```````` =(sqrt( PDL )-0.125)^2`````` Buy/Sell At

45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( PDL )+0.25)^2````````` =(sqrt( PDL )-0.25)^2``````` Target-1

90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( PDL )+0.5)^2`````````` =(sqrt( PDL )-0.5)^2```````` Target-2

135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( PDL )+0.75)^2````````` =(sqrt( PDL )-0.75)^2``````` Target-3

180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( PDL )+1)^2```````````` =(sqrt( PDL )-1)^2`````````` Target-4

225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( PDL )+1.25)^2````````` =(sqrt( PDL )-1.25)^2``````` Target-5

270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( PDL )+1.5)^2`````````` =(sqrt( PDL )-1.5)^2```````` Target-6

315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( PDL )+1.75)^2````````` =(sqrt( PDL )-1.75)^2``````` Target-7

360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( PDL )+2)^2```````````` =(sqrt( PDL )-2)^2`````````` Target-8

Based On Previous Days Close Price

(lets call it PDC )

Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell

11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( PDC )-0.0625)^2``````` =(sqrt( PDC )+0.0625)^2````` SL

22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( PDC )+0.125)^2```````` =(sqrt( PDC )-0.125)^2`````` Buy/Sell At

45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( PDC )+0.25)^2````````` =(sqrt( PDC )-0.25)^2``````` Target-1

90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( PDC )+0.5)^2`````````` =(sqrt( PDC )-0.5)^2```````` Target-2

135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( PDC )+0.75)^2````````` =(sqrt( PDC )-0.75)^2``````` Target-3

180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( PDC )+1)^2```````````` =(sqrt( PDC )-1)^2`````````` Target-4

225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( PDC )+1.25)^2````````` =(sqrt( PDC )-1.25)^2``````` Target-5

270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( PDC )+1.5)^2`````````` =(sqrt( PDC )-1.5)^2```````` Target-6

315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( PDC )+1.75)^2````````` =(sqrt( PDC )-1.75)^2``````` Target-7

360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( PDC )+2)^2```````````` =(sqrt( PDC )-2)^2`````````` Target-8

example based On Today's Opening Price = 4339

Degree's```````` Degree Factor```````` Buy`````````` Sell

11.25``````````` 0.0625``````````````` 4330.77`````` 4347.24```````` SL

22.5```````````` 0.125```````````````` 4355.48`````` 4322.55```````` Buy/Sell At

45`````````````` 0.25````````````````` 4372.00`````` 4306.13```````` Target-1

90`````````````` 0.5`````````````````` 4405.12`````` 4273.38```````` Target-2

135````````````` 0.75````````````````` 4438.37`````` 4240.76```````` Target-3

180````````````` 1```````````````````` 4471.74`````` 4208.26```````` Target-4

225````````````` 1.25````````````````` 4505.24`````` 4175.88```````` Target-5

270````````````` 1.5`````````````````` 4538.86`````` 4143.64```````` Target-6

315````````````` 1.75````````````````` 4572.61`````` 4111.51```````` Target-7

360````````````` 2```````````````````` 4606.48`````` 4079.52```````` Target-8

Note : ignore the '`' , inserted them to fill up the spaces , it was looking very weird!, tried to fix it as much as I can.

Note :- Please correct me if I'm wrong , as I've already mentioned I don't have it's original documentation.

if anyone can find it or already has it then please feel free to share it.

Updated script on 08-08-2022

Updatess :-

Added Option to change Line Style

Added Option to change position of Labels

Added Option to change size of Labels

the cell in whose range LTP is present will be highlighted with Black background.

Updatess :-

Added Option to change Line Style

Added Option to change position of Labels

Added Option to change size of Labels

the cell in whose range LTP is present will be highlighted with Black background.

Sürüm Notları:

Changelog :-

Provided option to choose the colors for Buy/Sell Levels & Labels.

Provided option to choose the colors for Buy/Sell Levels & Labels.