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Rishabh Jackpot Zones + Open Line narendra

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๐Ÿ“Œ Narendra Jackpot Zones + Open Line โ€” by Narendra

This custom indicator is designed to identify key Support and Resistance Zones based on pivot highs/lows, and highlight the Spot Day Open Price โ€” offering traders clear intraday decision-making references.

๐Ÿ” Features:
๐Ÿ”ธ Dynamic Support and Resistance Zones from pivot structures

๐Ÿ”ธ Customizable Spot Open Line for trend bias identification

๐Ÿ”ธ Auto-cleaning of old lines for better chart visibility

๐Ÿ”ธ Flexible label sizing to suit your chart aesthetics

โš™๏ธ Inputs:
Spot_Day_Open_Price: Manually input today's spot price

Pivot Lookback: Sensitivity of pivot detection

Zone Line Length: Control horizontal zone visibility

Max Lines: Limit visual clutter by setting maximum zones

Label Size: Choose between Small, Normal, Large, Huge

๐Ÿ’ผ Use Cases:
Intraday and positional traders for reversal & breakout points

Visual clarity for trend continuation vs rejection

Works across all instruments and timeframes

โš ๏ธ Disclaimer: This is an educational tool. Use it with your trading plan and risk management. Not a buy/sell recommendation.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.