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Institutional Levels Indicator!
The tool for every FOREX or Indices Trader
This automatically drawn "Grid" will help you to spot Institutional Levels!
How to use this Indicator?
1. Check for the current Price Level for example MESZ2022 (SP500 Futures Contract) currently sitting at 3651.
2. The Base Point must be a round level with double zeros at the end. -> 3600 (Type 3600 or 3700 into the Base level Setting)
A) If you are Trading Indices / Futures your Full Level is 100 (100 Points) , Half Level is 50 (50 Points) and Quarter Level is 25 (25 Points).
B) If you are Trading Forex Pairs for example GBPUSD your Full Level = 0.01 (100 Pips), Half Level = 0.005 (50 Pips) and ...
C) If you are Trading Crypto Pairs for example BTCUSD your Full Level = 100 , Half Level = 50 and ...
You are able to create and modify space between the levels to more than 100 Pips or Points if you are for example only Trading on Higher Timeframes like the 4H Charts.
Vice Versa for smaller Timeframes
The tool for every FOREX or Indices Trader
This automatically drawn "Grid" will help you to spot Institutional Levels!
How to use this Indicator?
1. Check for the current Price Level for example MESZ2022 (SP500 Futures Contract) currently sitting at 3651.
2. The Base Point must be a round level with double zeros at the end. -> 3600 (Type 3600 or 3700 into the Base level Setting)
A) If you are Trading Indices / Futures your Full Level is 100 (100 Points) , Half Level is 50 (50 Points) and Quarter Level is 25 (25 Points).
B) If you are Trading Forex Pairs for example GBPUSD your Full Level = 0.01 (100 Pips), Half Level = 0.005 (50 Pips) and ...
C) If you are Trading Crypto Pairs for example BTCUSD your Full Level = 100 , Half Level = 50 and ...
You are able to create and modify space between the levels to more than 100 Pips or Points if you are for example only Trading on Higher Timeframes like the 4H Charts.
Vice Versa for smaller Timeframes
Nota Keluaran
Optimisation and new Features to make it easier then never before!Nota Keluaran
Bug FixSkrip 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.