PROTECTED SOURCE SCRIPT

Fixed Price Levels

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Overview
This indicator automatically calculates and plots fixed horizontal dealing ranges based on "Power of 10" mathematics. Unlike dynamic ranges that move with every tick or rely on lagging averages, these levels are fixed to specific mathematical grids (10s, 100s, 1000s, etc.). This provides a clean, objective structure for analyzing price action, psychological levels, and market equilibrium without the noise of repainting levels.

How it Works
The indicator uses a mathematical floor function to "snap" the current price to the nearest grid bottom based on your selected multiplier. This creates a static box around price.
The core formula concept is:
Pine Script®
Dealing Range Low = math.floor(price / multiplier) * multiplier Dealing Range High = Dealing Range Low + multiplier Equilibrium (EQ) = Dealing Range Low + (multiplier / 2)


Key Features
  • Power of 10 Multipliers: Select between 1, 10, 100, 1000, or 10000 to suit your asset class (e.g., 100 for Indices, 0.01 logic for Forex).
  • Adjacent Ranges: Automatically plots ranges above and below the current price action to see future targets or support levels immediately.
  • Overlap Prevention: Includes logic to prevent label clutter. When multiple ranges are active, it ensures that a "Range High" and the next "Range Low" do not overlap visually.
  • Quarter Levels: Option to display the 25% and 75% levels within the range for granular precision.
  • Visual Customization: Full control over line extensions (Left, Right, Both, None) and label placement.

Settings Overview
  • Range Multiplier: Select the base grid size.
  • Number of Adjacent Ranges: Determines how many grid boxes to draw above and below the current price.
  • Visual Settings: Customize colors, styles (Solid, Dashed, Dotted), and widths for Low, High, EQ, and Quarters.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.