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Square Root - Based Levels Indicator
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This indicator plots key support and resistance levels based on the square root of price — a unique, mathematically-driven method rooted in price structure rather than traditional Fibonacci or percentage-based techniques.
Core Concept:
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Levels are calculated by applying the square root function to price, then multiplying or adding/subtracting scaled increments. This approach smooths volatility and reveals hidden levels of market significance that may not be visible with conventional tools.
Use Cases:
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* Identify hidden support/resistance zones
* Time entries and exits based on price harmonics
* Complement other technical tools (like Fibonacci, Gann, or Pivot Points)
Customizable Settings:
----------------------------
* Base Price (Anchor)
* Increment/Multiplier
* Number of Levels
* Styling options for clean chart visuals
Whether you're a day trader or swing trader, this tool adds a mathematically unique perspective to your technical analysis.
---------------------------------------------
This indicator plots key support and resistance levels based on the square root of price — a unique, mathematically-driven method rooted in price structure rather than traditional Fibonacci or percentage-based techniques.
Core Concept:
-----------------
Levels are calculated by applying the square root function to price, then multiplying or adding/subtracting scaled increments. This approach smooths volatility and reveals hidden levels of market significance that may not be visible with conventional tools.
Use Cases:
-------------
* Identify hidden support/resistance zones
* Time entries and exits based on price harmonics
* Complement other technical tools (like Fibonacci, Gann, or Pivot Points)
Customizable Settings:
----------------------------
* Base Price (Anchor)
* Increment/Multiplier
* Number of Levels
* Styling options for clean chart visuals
Whether you're a day trader or swing trader, this tool adds a mathematically unique perspective to your technical analysis.
Nota Keluaran
Square Root - Based Levels Indicator---------------------------------------------
This indicator plots key support and resistance levels based on the square root of price — a unique, mathematically-driven method rooted in price structure rather than traditional Fibonacci or percentage-based techniques.
Core Concept:
-----------------
Levels are calculated by applying the square root function to price, then multiplying or adding/subtracting scaled increments. This approach smooths volatility and reveals hidden levels of market significance that may not be visible with conventional tools.
Use Cases:
-------------
* Identify hidden support/resistance zones
* Time entries and exits based on price harmonics
* Complement other technical tools (like Fibonacci, Gann, or Pivot Points)
Customizable Settings:
----------------------------
* Base Price (Anchor)
* Increment/Multiplier
* Number of Levels
* Styling options for clean chart visuals
Whether you're a day trader or swing trader, this tool adds a mathematically unique perspective to your technical analysis.
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.
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.