50%er(PreMarket & ORB)

7 Nis

50%er(PreMarket & ORB)

Overview:

50%er(PreMarket & ORB) is a streamlined version of my full 50%er script. It calculates the critical 50% level of the previous candle and extends this to daily, weekly, monthly, quarterly, and yearly timeframes. The script also detects and plots previous highs and lows for these timeframes, providing key price levels for traders. Additionally, it calculates and displays opening levels for the day, week, month, quarter, and year. A custom timeframe feature adds flexibility for setting 50% and high/low levels, catering to different trading preferences.

How It Works:

The script calculates the 50% midpoint of the previous candle’s high and low, a key support/resistance level for traders. It extends this logic across multiple timeframes, including daily, weekly, monthly, quarterly, and yearly, and tracks previous highs and lows for these periods. It also prints opening levels for various timeframes. The premarket high/low and ORB (Opening Range Breakout) levels are included when extended hours are enabled.

How to Use:

Adding to Chart: Apply the 50%er Script Lite to your TradingView chart.

Configuring Inputs: Adjust timeframes and levels to match your trading strategy. The custom timeframe feature allows for personalization.

Analyzing Levels: Use the plotted 50% lines and opening levels to identify potential support and resistance areas, as well as breakout or breakdown points.

Strategizing Trades: Incorporate these levels into your trading plan for potential entry and exit points.

What Makes It Original:

50%er Lite stands out for its simplicity and precision. It focuses on the essential 50% line and key price levels, offering a clear view of the market without unnecessary complexity. The inclusion of premarket levels and ORB breakout levels, along with the custom timeframe feature, makes it a versatile tool for traders of all levels.

7 Nis

Sürüm Notları

• Added custom timeframes
  
• Reorganized layout
  

7 Nis

Sürüm Notları

• When you disable any of the "Enable" inputs, both the related line and label will be disabled too
  

1 May

Sürüm Notları

• Added 1h/65 min timeframe to pre-market visibility
  

18 May

Sürüm Notları

Please ensure that both "Name" and "Value" are checked under your chart settings to properly display the script’s data. You can find the relevant settings in your chart configuration.
See the screenshot below for reference.