OPEN-SOURCE SCRIPT

Auto NWOG Levels x5

95
Indicator Name: Auto NWOG Levels with Labels

Description:
This indicator automatically plots the NWOG (Naked Weekly Open Gap) price levels on your chart. It includes:

NWOG High & Low: Solid maroon lines representing the high and low boundaries of the NWOG zone.

Intermediate Levels: Dotted maroon lines at 25%, 50%, and 75% levels within the NWOG range, providing visual guidance for possible support/resistance zones.

Labels: Each level is labeled on the right side of the chart, including a customizable date label for context.

Extendable Lines: All lines extend horizontally for a customizable number of bars (default: 500 bars) for better visibility over time.

Inputs:

NWOG High: Price level of the NWOG high.

NWOG Low: Price level of the NWOG low.

Date Label: Text to be displayed on the labels (e.g., the week of the NWOG).

This tool is useful for traders who monitor weekly price gaps and want clear, persistent levels drawn automatically on their charts.

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.