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InfinityAlgo Levels

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The InfinityAlgo Levels indicator is a comprehensive and integrated technical analysis tool, designed to empower traders by merging three of the most powerful price-level theories into one robust and user-friendly package. The indicator combines Fibonacci Levels, classic Pivot Points, and Camarilla Levels, offering unparalleled flexibility with its dual calculation modes: Automatic and Manual.
Key Features:
Multiple Level Systems: The indicator provides three distinct sets of levels simultaneously:
Fibonacci Levels: Includes both retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) and key extension levels (127%, 141%, 161.8%, 261.8%).
Classic Pivot Points: Plots standard support and resistance pivots (R1, R2, R3, S1, S2, S3) along with the main Pivot Point (PP).
Advanced Camarilla Levels: Displays 12 Camarilla levels (H1-H6 and L1-L6) to identify potential reversals and tight trading ranges.
Dual Calculation Modes (Automatic & Manual):
Automatic Mode: The indicator intelligently scans the market to automatically detect the most recent significant swing high and low, continuously updating all levels based on them. This mode is perfect for real-time market tracking.
Manual Mode: Gives you full control to input specific High, Low, and Close values. This allows you to analyze a specific price wave of your choice, whether historical or current.
Fully Customizable Display:
You can show or hide each set of levels (Fibonacci, Pivots, Camarilla) independently through the settings, allowing you to focus your analysis and declutter your chart.
An option to set the Fibonacci direction (Bullish or Bearish) to display only the relevant retracement and extension levels.
Interactive Information Panel:
When Automatic mode is enabled, a sleek information panel appears on the top-right of the chart, displaying the auto-detected High, Low, and Close values, keeping you informed of the data driving the indicator.
Clear Level Labels:
Each line is plotted with a clear label indicating the exact price and the level type, making it easy to identify important support and resistance zones at a glance.

Penafian

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