OPEN-SOURCE SCRIPT

Key Levels by MoneyTribe21

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This custom script provides real-time tracking of key market price levels, helping traders identify critical support and resistance zones. It dynamically updates throughout the trading session, making it ideal for intraday trading, breakout strategies, and market structure analysis.

Features:

Real-Time Tracking of Key Price Levels:

ATH (All-Time High): Tracks the highest price ever reached for the asset.
PDH (Previous Day High): Marks the high of the last trading day,
PDL (Previous Day Low): Marks the low of the last trading day, serving as dynamic support.
Resistance Level: Based on the current day’s high, signaling potential price rejection points.
Support Level: Based on the current day’s low, indicating potential price bounces.
Daily Open Price: Tracks the exact market open price at the start of the trading session.

Works Across All Timeframes:

Designed for intraday, swing, and long-term trading.
Automatically adjusts levels for Forex, Stocks, Crypto, and Indices.

Fully Customizable Settings:

Modify line colors, thickness, and styles for better chart readability.
Enable/disable specific levels based on trading preference.
Works on all TradingView-compatible brokers and platforms.

How to Use This Indicator:

Breakout & Reversal Trading:

If price breaks above PDH, it may indicate bullish momentum.
If price breaks below PDL, it may signal a bearish continuation.
ATH levels can act as strong resistance zones—watch for breakouts or rejection.
Dynamic Support & Resistance:
Resistance Level (Current Day High): If price fails to break, it may signal a reversal.
Support Level (Current Day Low): If price bounces off, it may confirm a strong uptrend.
Daily Open for Trend Confirmation:
Above Daily Open: Market sentiment is bullish.
Below Daily Open: Market sentiment is bearish.

Customization Options:

Toggle individual price levels ON/OFF for a clutter-free chart.
Customize colors, line styles, and alerts for better visualization.
Set alerts for breakouts & retests of key levels.

Ideal for Traders Who:

Want high-probability support & resistance zones in real-time.
Trade breakouts, reversals, or trend continuations.
Use market structure analysis for informed decision-making.
Need automatic price tracking instead of drawing levels manually.

Compatible with all TradingView timeframes & assets (Forex, Stocks, Crypto, Indices).
Designed for both beginner and advanced traders.

Add this indicator to your chart and start tracking key levels instantly.

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.