Previous Day LevelsThis indicator plots the previous day's high, low, and 50% levels, providing a framework for analyzing price behavior relative to these key levels.
Full Description:
The Previous Day Levels indicator is a tool designed to help traders analyze price action based on key levels from the previous trading session. By plotting the high, low, and mid-point (50%) of the prior day’s range, traders can assess potential market bias and directional tendencies for the current trading day.
Key Features:
Plots the previous day’s high (100%), low (0%), and intermediate levels (25%, 50%, 75%).
Allows users to customize line visibility, color, style, and width.
Helps traders identify potential support and resistance zones.
Provides a bias framework for determining whether price is more likely to target the previous high or low based on behavior around the 50% level.
Use Case:
This indicator is particularly useful for intraday and short-term traders who incorporate price action into their strategy.
If price trades above the 50% level and holds, it suggests a bullish bias, indicating that price may aim for the previous day's high.
If price trades below the 50% level and holds, it suggests a bearish bias, indicating that price may aim for the previous day's low.
The high and low levels can act as key support and resistance zones, where price may react or reverse.
How to Use:
Apply the indicator to your chart.
Observe how price interacts with the 50% level.
Use price behavior around these levels to establish a directional bias.
Adjust the line styles and colors to match your personal preference.
Disclaimer:
This indicator is a tool for market analysis and does not provide financial advice. Always perform your own analysis and risk management when trading.
Candlestick analysis
Wick to Candle Ratio with Multiple ColorsThis Pine Script v5 indicator for TradingView visualizes the wick-to-candle ratio by plotting a colored dot above each candle to highlight the proportion of the wick compared to the total candle size. It calculates the upper and lower wick lengths, the body size, and the total candle range, then determines the wick-to-body ratio as a percentage. Based on this ratio, the script assigns a color to the dot: green when the body is large compared to the wick (wick-to-body ratio > 60%), and an invisible orange dot otherwise. However, the color logic appears incomplete, as there are references to additional conditions that are not fully implemented. The dot is positioned a fixed distance above the candle wick, determined by the offset input. This tool helps traders quickly identify candles with significant wicks, indicating potential price reversals or rejections.
Swing Data - SETindexSET RS
What is CANSLIM?
Understanding Each Step of CANSLIM
C – Current Quarterly Earnings
A – Annual Earnings Growth
N – New Products, Services, or Management
S – Supply and Demand
L – Leader or Laggard
I – Institutional Sponsorship
M – Market Direction
The best CANSLIM screener
Advantages of CANSLIM
Disadvantages of CANSLIM
Putting it all together
Frequently asked questions
Triple SMAHere is a step-by-step guide in English on how to use the provided Pine Script for displaying three SMA indicators in TradingView:
Scalping PullBack Tool + RSI CrossoverThis Pine Script code is designed for **scalping trading strategies** by combining **Price Action Channel (PAC) & RSI Crossover signals**. It provides trend visualization, buy/sell signals, and alerts.
---
## **📌 Features:**
### ✅ **1. Price Action Channel (PAC)**
- A channel based on **Exponential Moving Averages (EMAs)**:
- `pacC`: EMA of closing price
- `pacL`: EMA of low price
- `pacU`: EMA of high price
- Used to detect price **pullbacks and breakouts**.
### ✅ **2. Exponential Moving Averages (EMAs)**
- Three EMAs to determine trend direction:
- **Fast EMA (89)**
- **Medium EMA (200)**
- **Slow EMA (600)** (optional)
- Trend is **Bullish** if `fastEMA > mediumEMA` and `pacL > mediumEMA`, and **Bearish** if `fastEMA < mediumEMA` and `pacU < mediumEMA`.
### ✅ **3. RSI Crossover System**
- **Relative Strength Index (RSI)** is calculated to measure momentum.
- **RSI-based EMA (9-period EMA of RSI)**
- **Buy Signal**: RSI crosses **above** RSI-EMA & RSI-EMA > 50.
- **Sell Signal**: RSI crosses **below** RSI-EMA & RSI-EMA < 50.
### ✅ **4. Visualization**
- **PAC Channel Fill**: Gray shading to highlight the price channel.
- **EMA Ribbons**: Green (Fast), Blue (Medium), Black (Slow).
- **Bar Coloring**:
- **Blue** if price > PAC upper band.
- **Red** if price < PAC lower band.
- **Background Coloring**:
- **Green** for bullish trends.
- **Red** for bearish trends.
- **Yellow** for neutral.
### ✅ **5. Alerts for Buy/Sell**
- **Buy Alert**: When RSI crosses **above** RSI-based EMA.
- **Sell Alert**: When RSI crosses **below** RSI-based EMA.
---
## **🛠 How to Use:**
1. **Apply the script** to a TradingView chart.
2. **Enable EMA and PAC Channel** to see trend direction.
3. **Watch for Buy/Sell signals**:
- **Green ‘BUY’ label** below bars.
- **Red ‘SELL’ label** above bars.
4. **Use alerts** to notify you of trading opportunities.
---
### **🔍 Summary**
This script helps scalpers and short-term traders **identify pullbacks & momentum shifts** using **PAC and RSI crossovers**. It provides clear **visual indicators & alerts** to assist in **quick decision-making**.
Let me know if you need modifications or explanations for specific parts! 🚀
Quantitative Qualitative Estimation (QQE) Revised @langshenPurpose: The QQE indicator helps identify buy and sell signals on a price chart. It uses a combination of RSI (Relative Strength Index) and smoothing techniques to generate fast and slow lines, then plots signals based on their crossovers.
Setup:
Price Source: By default, it uses the closing price (close), but you can change it.
RSI Length: Set to 14 by default. This controls how many periods are used to calculate RSI.
Smoothing Factor: Set to 5. This smooths the RSI data.
Slow Calculation: Set to 4.236. This adjusts the slow line’s sensitivity.
How It Works:
The indicator calculates a "fast line" (based on smoothed RSI) and a "slow line" (adjusted by volatility).
When the fast line crosses above the slow line, it’s a buy signal.
When the fast line crosses below the slow line, it’s a sell signal.
Signals on Chart:
Buy Signal: A small green circle appears below the price bar when a buy signal occurs.
Sell Signal: A small red circle appears above the price bar when a sell signal occurs.
Usage:
Add this indicator to your chart in a platform like TradingView (it’s written in Pine Script v5).
Watch for the green and red circles to decide when to buy or sell.
Use it with other indicators or analysis for better decisions, as it’s not a standalone tool.
Strong Engulfing Candlestick (With Alerts)Detect only Strong Bullish and Strong Bearish Engulfing candle patterns and provide visual signals along with alerts.
Key Features
Bullish Engulfing Detection:
Conditions:
Current candle's close > open (bullish).
Previous candle's close < open (bearish).
Current candle's high ≥ Previous candle's high (includes wicks).
Current candle's low ≤ Previous candle's low (includes wicks).
The body of the current bullish candle is stronger than the previous bearish candle.
Signal: Plots a green upward arrow below the bar when conditions are met.
Bearish Engulfing Detection:
Conditions:
Current candle's close < open (bearish).
Previous candle's close > open (bullish).
Current candle's high ≥ Previous candle's high (includes wicks).
Current candle's low ≤ Previous candle's low (includes wicks).
The body of the current bearish candle is stronger than the previous bullish candle.
Signal: Plots a red downward arrow above the bar when conditions are met.
Alerts:
Custom alerts are included for both bullish and bearish engulfing patterns:
Bullish Alert Message: "Strong Bullish Engulfing detected!"
Bearish Alert Message: "Strong Bearish Engulfing detected!"
Strong Engulfing Candlestick (With Alerts)Detect only Strong Bullish and Strong Bearish Engulfing candle patterns and provide visual signals along with alerts.
Key Features
Bullish Engulfing Detection:
Conditions:
Current candle's close > open (bullish).
Previous candle's close < open (bearish).
Current candle's high ≥ Previous candle's high (includes wicks).
Current candle's low ≤ Previous candle's low (includes wicks).
The body of the current bullish candle is stronger than the previous bearish candle.
Signal: Plots a green upward arrow below the bar when conditions are met.
Bearish Engulfing Detection:
Conditions:
Current candle's close < open (bearish).
Previous candle's close > open (bullish).
Current candle's high ≥ Previous candle's high (includes wicks).
Current candle's low ≤ Previous candle's low (includes wicks).
The body of the current bearish candle is stronger than the previous bullish candle.
Signal: Plots a red downward arrow above the bar when conditions are met.
Alerts:
Custom alerts are included for both bullish and bearish engulfing patterns:
Bullish Alert Message: "Strong Bullish Engulfing detected!"
Bearish Alert Message: "Strong Bearish Engulfing detected!"
CLS Patterns + Price Action Levels📌 Key Features:
✅ CLS Candle Patterns Detection:
CLS Type 1 (Sweeps & Closes Opposite) – Confirms liquidity sweeps with opposite direction close.
CLS Type 2 (Sweeps but No Opposite Close) – Identifies liquidity traps without full reversal.
CLS Type 3 (Engulfing Candles) – Strong momentum shifts with engulfing price action.
CLS Type 4 (Order Block Reversals) – Institutional order flow recognition.
✅ Institutional & Price Action Levels:
250 Pip Institutional Levels – Major S&R zones for Forex & Indices.
Minor Quarter Points (25 Pips) – Intraday precision for refined entries.
✅ Liquidity Imbalance & Order Flow Gaps:
Detects early impulse moves & liquidity voids
Highlights areas of market inefficiency & potential reversals
✅ Higher Timeframe EMA for Trend Confirmation:
Customizable Weekly 3 EMA Overlay
Dynamic color change based on price action
✅ Built-in Alerts for CLS Patterns:
Real-time alerts for CLS buy/sell signals
Configurable notifications for trade execution
🎯 How to Use:
1️⃣ Enable CLS Pattern Signals to spot liquidity sweep candles with directional confirmation.
2️⃣ Use Institutional & QP Levels to identify key areas where price is likely to react.
3️⃣ Monitor Liquidity Imbalances to detect inefficient price moves that may fill.
4️⃣ Confirm Trend with HTF EMA to trade with momentum.
5️⃣ Set Alerts for CLS patterns and key price levels to stay ahead of the market.
This indicator is ideal for Forex, Indices, and Crypto traders looking to refine their entries with precise price action confirmations.
TRH Backtest SMA ATR Variable RRThis strategy is a trend-following strategy that uses three Simple Moving Averages (SMAs) and the RSI indicator to identify entry and exit points. It also incorporates a dynamic risk-reward ratio based on specific conditions.
Here's a breakdown of the strategy's components and logic:
SMAs: The strategy uses three SMAs with periods of 7, 25, and 99. These SMAs help to identify the overall trend of the market.
RSI: The RSI is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset.2 In this strategy, it's used to determine stop-loss levels
Daily Weekly Monthly Yearly OpensClear Opens identified from 4H PO3 to Daily, Weekly, Monthly, and Yearly
This is crucial for Systems heavily dependent on PO3 based Analysis
like mine is mostly based on 4H PO3
PS: This is a slightly updated version of an already existing script.
Institutional Order Flow SignalsThis indicator detects institutional order flow by analyzing VWAP, TWAP, iceberg orders, dark pool activity, and market maker behavior. It provides buy/sell signals for scalping and trading execution insights.
MomentumBreakout V1.2 - DOGE/USDTMomentumBreakout V1.2 - DOGE/USDT 策略说明
概述
MomentumBreakout V1.2 是一种趋势跟踪突破策略，专为在 10 分钟图表上交易 DOGE/USDT 而设计（尽管适用于其他时间框架）。它将动量指标（EMA、RSI、MACD）与动态头寸规模和风险管理相结合，以捕捉有利可图的突破，同时最大限度地减少损失。该策略支持多头和空头交易，结合杠杆，并使用追踪止损和基于时间的退出来优化性能。
主要特点
多指标确认：在 1 小时数据上使用 EMA 交叉、RSI 和 MACD 来确认趋势并减少错误信号。
动态头寸调整：根据账户净值、风险百分比和 ATR 波动性调整交易规模，按杠杆进行缩放。
追踪止损：采用基于 ATR 的严格追踪止损来锁定利润并限制下行风险。
基于时间的退出：在用户定义的持有期后自动平仓（默认：72 根柱线，或 10 米图表上的 12 小时）。
费用考虑：在逻辑中包含交易费用以进行实际的绩效评估。
策略逻辑
多头入场：当价格越过快速 EMA（15 周期）时触发，由上升趋势（快速 EMA >慢速 EMA）、RSI （1H） > 50、MACD （1H） 看涨和价格> 20 周期 SMA 确认。
空头入场：当价格跌破慢速 EMA（40 周期）时触发，由下降趋势（快速 EMA <慢速 EMA）和 ATR 波动性上升确认。
退出条件：
追踪止损：长期止损以低于价格 0.5 倍 ATR 的价格追踪;短止损以高于 0.5 倍 ATR 的价格追踪。初始止损设置为入场后的 1.2 倍 ATR。
Time Exit： 在最大持有期 （默认： 72 根柱线） 后平仓以避免过度曝光。
头寸规模：计算为 （净值 * 风险%） / （1.2 * ATR），并通过动态杠杆进行缩放，以波动性为上限。
输入参数
EMA 快速长度 （15）：用于突破检测的短时 EMA（10-50 范围）。
EMA 慢速长度 （40）：用于确认趋势的长期 EMA（20-100 范围）。
ATR 周期 （14）：止损和大小的波动率衡量（1-50 范围）。
每笔交易的风险 （0.5%）：每笔交易的风险净值百分比 （0.1%-5%）。
基础杠杆 （5x）：起始杠杆，动态调整 （1x-20x）。
费率 （0.1%）：每边交易费 （0%-1%）。
Max Hold Bars （72）：保持一个位置的最大条数 （1-1000）。
RSI 周期 （14）：RSI 计算周期 （5-50）。
MACD 设置 （12， 26， 9）：1 小时 MACD 的快速、慢速和信号长度（可定制）。
如何使用
将策略应用于 10 分钟图上的 DOGE/USDT（或任何货币对）。(个人回测发现这个版本30分钟的数据最高。)
根据您的风险承受能力和市场状况调整参数。
彻底回溯测试以优化您的首选时间范围和资产。
在波动的市场中监控追踪止损和时间退出行为。
笔记
最适合趋势市场;在波动条件下可能表现不佳。
在高波动性情景下，杠杆率会动态降低以管理风险。
为透明起见，费用按往返成本（入场 + 退出）计算。
归 因
该策略是由 Grok 3 生成的，Grok 3 是由 xAI 构建的 AI，与 您 合作。我很高兴与社区分享它，并期待进一步完善它！
欢迎反馈
请在下面的评论中分享您的反馈、回测结果或建议。我将与 Grok 3 同步以优化此版本或根据您的输入创建新策略。让我们一起构建伟大的东西！
ADX + RSI with Buy/Sell SignalsADX Calculation:
Measures trend strength.
If ADX > 25, it indicates a strong trend.
RSI Calculation:
Determines overbought/oversold conditions.
Buy signal: RSI crosses above 30 (exiting oversold) & ADX > 25.
Sell signal: RSI crosses below 70 (exiting overbought) & ADX > 25.
Visualization:
ADX (red line) and RSI (blue line) are plotted.
Thresholds at 25 (ADX), 30 (RSI oversold), and 70 (RSI overbought).
Background colors indicate overbought (red) and oversold (green) RSI zones.
Alerts & Buy/Sell Markers:
"B" appears when a buy condition is met.
"S" appears when a sell condition is met.
Alerts notify users of potential trade opportunities.
Heiken Ashi Reversal ExitShows when their is a reversal signal, using Heiken Ashi and Orb this signals when the first candle is reversing.
TWAP & VWAP CombinedThis script integrates Time Weighted Average Price (TWAP) and Volume Weighted Average Price (VWAP) into a single TradingView indicator, allowing traders to analyze both price-weighted and volume-weighted trends simultaneously.
Features:
TWAP Calculation:
Computes the average price over a specified anchor period (e.g., daily).
Resets and recalculates TWAP when the anchor period changes.
Uses the OHLC4 (Open, High, Low, Close average) as the default price source.
VWAP Calculation:
Computes the VWAP based on the selected anchor period (Session, Week, Month, etc.).
Allows the option to hide VWAP when the timeframe is 1D or higher.
Uses HLC3 (High, Low, Close average) as the default source.
Dynamically resets VWAP at the start of a new period.
Customization Options:
Users can modify the source price for TWAP and VWAP calculations.
Adjustable offsets for both indicators to shift plots forward or backward.
Ability to select different VWAP anchor periods, including earnings, dividends, and splits.
Error Handling:
Displays an error message if volume data is missing, ensuring VWAP functions correctly.
Mushir's Inside Candle IndicatorThis indicator detects inside candle formations on the chart’s current timeframe. It highlights when a candle’s range is fully engulfed by the previous candle’s range, provided the previous candle meets specific criteria.
How It Works ?
It shows the formation of inside candle on the charts to help in find trades.
Mother Candle Validation
The previous candle must be a “leg candle” with a strong body and minimal wicks relative to its body size, ensuring a robust structure.
Inside Candle Detection
The current candle qualifies as an inside candle if:
Its high is ≤ the previous candle’s high.
Its low is ≥ the previous candle’s low.
Why Use This Indicator?
Adapts to the chart’s current timeframe—no manual adjustments needed.
Easily gives you the identification of inside candles
Minimalistic Design
Better results in trending market
How to use it?
- when the inside candle is formed there are certain conditions:
1. if the next candle first crosses the high of inside candle, look for a potential buy trade with RR as 2:1 while stoploss being just below the low of inside candle.
2. if the next candle first crosses the low of inside candle, look for a potential sell trade with RR as 2:1 while stoploss being just above the high of inside candle.
3. if 2:1 is achieved, then increase the partial target to 3:1 while bringing the stoploss to the entry point.
4. if the high is crossed first and then the low is crossed or vice versa then the trade is invalidated.
Happy Trading!
Mehul - ADX Zero LagThis script combines two popular technical indicators into a single visualization:
1. **Average Directional Index (ADX)**:
- Measures trend strength on a scale from 0-100 (now normalized to 0-1 by dividing by 100)
- Displayed as a red line
- Adjustable smoothing and length parameters
2. **Zero Lag MACD (Modified Moving Average Convergence Divergence)**:
- An enhanced version of the traditional MACD with reduced lag
- Shows the relationship between fast and slow moving averages
- Main components include:
- MACD line (black)
- Signal line (gray)
- Histogram (green for positive, purple for negative)
- EMA of the MACD line (red)
- Optional crossing dots
Key features of the combined indicator:
- **Scale Adjustment**: Both indicators can be scaled independently (adxScale and macdScale parameters)
- **Visibility Toggles**: Each indicator can be shown or hidden
- **Advanced Customization**: Parameters for both indicators can be fine-tuned
- **Algorithm Selection**: Option to choose between the "Glaz" algorithm or the "real" zero lag algorithm
- **Display Options**: Toggles for visualization elements like crossing dots
The most significant technical aspect is that both indicators are displayed in the same pane with compatible scaling, achieved by normalizing the ADX values and applying user-defined scale factors to both indicators.
This combined indicator is designed to give traders a comprehensive view of both trend strength (from ADX) and momentum/direction (from Zero Lag MACD) in a single, easy-to-read visualization.
Fibo SELO EMA 5,21,34,55,89,144,233,377,610Fibonacci sayılarına göre Üssel Hareketli Ortalamaları (EMA) gösterir. Fiyatın tüm ortalamaların üzerine çıkması "al" sinyali olarak yorumlanır. EMA 21'in altına inildiğinde düzeltmenin başladığı şeklinde yorum yapılır. En alttaki EMA 377 ve 610 bölgeleri hissenin dip seviyelerde olduğu şeklinde yorumlanır. Bu seviyeler ideal alım yerleri olarak değerlendirilebilir.
Fshariar_Enhanced Pattern Indicator with RSIThe Fshariar Enhanced Pattern Indicator with RSI is a versatile tool designed to identify key candlestick patterns combined with RSI-based filters and optional trend filtering using moving averages. This indicator is ideal for traders looking to enhance their technical analysis and improve signal accuracy.
Features:
Candlestick Pattern Detection:
Supports multiple candlestick patterns:
Bullish/Bearish Engulfing
Morning Star/Evening Star
Piercing/Dark Cloud Cover
Bullish Hammer
Bearish Shooting Star
Each pattern can be toggled on or off based on your trading preferences.
RSI-Based Filtering:
Includes an RSI filter to improve the reliability of signals:
Buy signals are validated when RSI is in oversold territory.
Sell signals are validated when RSI is in overbought territory.
Customizable settings for RSI length, overbought, and oversold levels.
Optional Trend Filter:
Integrates a moving average (SMA or EMA) as a trend filter:
Buy signals are only generated when the price is above the moving average.
Sell signals are only generated when the price is below the moving average.
Fully customizable moving average type and length.
Signal Alerts:
Built-in alerts for Buy and Sell signals to notify you in real-time.
Visual Output:
Buy signals are displayed as green triangles below candles.
Sell signals are displayed as red triangles above candles.
Optional moving average is plotted on the chart for trend filtering.
How It Works:
The indicator scans for specific candlestick patterns based on price action.
Signals are filtered using RSI conditions to ensure they align with momentum shifts.
If enabled, a trend filter ensures that signals align with the broader market direction.
Example Use Case:
Enable your desired candlestick patterns (e.g., Engulfing, Morning Star).
Configure RSI settings (e.g., length = 14, overbought = 70, oversold = 30).
Optionally enable the trend filter (e.g., SMA with a length of 50).
Add the indicator to your chart and monitor Buy/Sell signals along with alerts.
Inputs & Customization Options:
RSI Settings:
Source: Default = Close
Length: Default = 14
Overbought Level: Default = 70
Oversold Level: Default = 30
Pattern Toggles:
Enable/Disable specific candlestick patterns based on your strategy.
Trend Filter Settings:
Moving Average Type: SMA or EMA
Moving Average Length: Default = 50
Alerts:
Alerts for Buy and Sell signals can be activated through TradingView's alert system.
Why Use This Indicator?
The Fshariar Enhanced Pattern Indicator with RSI combines price action analysis with momentum and trend filtering to provide high-quality trading signals. It simplifies decision-making by visually highlighting key opportunities while reducing noise from false signals.
Important Notes:
The indicator is designed for educational purposes and should be used as part of a broader trading strategy.
Always backtest and validate the indicator's performance before applying it to live trading.
This script does not guarantee profitability; it is intended to assist in technical analysis.
FShariar
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GRID EXTENSIONGRID EXTENSION
Overview
The GRID EXTENSION is a simple grid-based indicator for TradingView, built with Pine Script v6. It plots horizontal price levels starting from a user-defined anchor price, with spacing set by a tick increment. Use it to identify key support, resistance, or price zones on charts for Crypto, Forex, or Futures.
Key Features
Custom Grid Levels: Plot up to 22 levels (e.g., 0, 0.25, 1.25, -2.50) with options to show/hide, set values, and choose colors.
Market-Specific Tick Increments: Select your asset type (Crypto, Forex, Futures) and choose from a range of tick increments tailored for each market:
Crypto: 1 to 5000 ticks (e.g., 100 ticks = $0.001 on ADA/USD, 5000 ticks = $50 on BTC/USD).
Forex: 5 to 5000 ticks (e.g., 100 ticks = 1 pip on EUR/USD, 5000 ticks = 50 pips).
Futures: 1 to 2500 ticks (e.g., 25 ticks = 6.25 points on E-mini S&P 500, $312.50 per contract).
Visual Options:
Extend lines to the right.
Show price and level labels (as values or percentages).
Place labels on the left or right.
Adjust background transparency for filled areas between levels.
How to Use
Set Asset Type: Choose "Crypto," "Forex," or "Futures" to match your chart.
Set Anchor Price: Enter a starting price for the grid.
Pick Tick Increment: Select a tick increment from the dropdown, following the guidance for your asset type (see Key Features).
Customize Levels: Turn levels on/off, set values, and pick colors.
Add to Chart: Apply the indicator to see the grid on your chart.
Tips
Use levels to mark support/resistance zones for entries or exits.
Extend lines to project future price zones.
Choose smaller increments (e.g., 5 ticks) for scalping, or larger ones (e.g., 1000 ticks) for swing trading.
Combine with indicators like moving averages for better signals.
Settings
Asset Type: Select "Crypto," "Forex," or "Futures" (default: "Crypto").
Anchor Price: Starting price for the grid (default: 0.0).
Tick Increment: Space between levels (options: 1, 5, 10, 25, 50, 100, 250, 500, 1000, 2500, 5000). Choose based on asset type.
Extend Right: Extend lines to the right (default: true).
Show Prices: Show price labels (default: true).
Show Levels: Show level values or percentages (default: true).
Format: Display levels as "Values" or "Percent" (default: "Values").
Labels Position: Place labels on "Left" or "Right" (default: "Left").
Background Transparency: Set transparency for filled areas (default: 100, range 0-100).
Level Options: Enable/disable levels, set values, and choose colors.
Notes
Set the anchor price to a key level (like a recent high or low) for best results.
Check the tick increment tooltip to ensure the spacing suits your market type.
Works on any chart, best for clear price trends or ranges.
Acknowledgments
Made with Pine Script v6 for TradingView. This is v1.0—feedback welcome for future updates!
