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📌 Mid Line – Volatility-Based Equilibrium Levels
This indicator draws horizontal mid lines at the midpoint of high-volatility candles.
When a candle exceeds the defined volatility threshold, its midpoint is marked as a potential short-term equilibrium level. These levels often act as temporary support or resistance, especially after strong impulsive moves.
If price pulls back, it may react around the mid line before continuing or breaking, helping traders identify reaction zones, pullback areas, and momentum shifts.
Key features:
Detects strong candles based on body volatility
Draws midpoint equilibrium levels automatically
Adjustable line length (up to 6 bars)
Designed for clean price action and intraday analysis
Best used on lower and intraday timeframes after impulsive moves.
This indicator draws horizontal mid lines at the midpoint of high-volatility candles.
When a candle exceeds the defined volatility threshold, its midpoint is marked as a potential short-term equilibrium level. These levels often act as temporary support or resistance, especially after strong impulsive moves.
If price pulls back, it may react around the mid line before continuing or breaking, helping traders identify reaction zones, pullback areas, and momentum shifts.
Key features:
Detects strong candles based on body volatility
Draws midpoint equilibrium levels automatically
Adjustable line length (up to 6 bars)
Designed for clean price action and intraday analysis
Best used on lower and intraday timeframes after impulsive moves.
Nota Keluaran
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Some changes were madeSkrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.