Have you ever noticed that prices seem to stick to certain “round numbers” like $1250, $1300, or $1350? It’s not just your imagination — these round numbers can actually act as psychological levels in the market, influencing trader behavior and shaping price action.
But why do traders care so much about these round numbers? It all comes down to our psychological...
Quarter Theory Levels is a script that will create level lines based on major round numbers and spilt those levels into half and quarter ranges. This tool is intended to help traders see major levels that price will likely react to in the future.
The Script is inspired by Quarters Theory.
Quick Script to mark out round number levels. These levels often become reversal points or where the next price range will develop. This script is intended to be a tool to aid along with additional trading strategies.
Round function in PineScript is very simple and allows you to round numbers only to the closest integer number. This is a bit irritating because I very often have to round numbers to some decimal places and not integer.
So I created 2 functions I use all the time and now sharing them with you.
roundn - rounds the values in its first argument to the...
![BTCUSD: Proper Round Functions [QuantNomad]](https://s3.tradingview.com/8/8ppLWqEh_mid.png "Proper Round Functions [QuantNomad]")
