PROTECTED SOURCE SCRIPT
VeroTrade Key Levels
About: The VeroTrade Key Levels indicator is a private, community-specific tool designed exclusively for members of the VeroTrade trading community. This indicator is not intended for public trading advice or signal generation; instead, it serves as a visual reference system to support a consistent methodology within our private educational group.
This script automatically displays historical price levels derived from the previous daily, weekly, and monthly highs/lows, as well as custom premarket session levels. These levels are commonly used within VeroTrade's group strategy to assist members in identifying context, price structure, and potential reaction zones based on historical data. All plotted levels are fixed from past sessions and do not constitute real-time trade signals or predictions.
Features:
- Monthly, Weekly, and Daily Levels: Displays previous period high and low levels for monthly, weekly, and daily timeframes, helping you identify significant support and resistance zones.
- Custom Levels: Add up to 10 sets of user-defined price levels (e.g., for specific tickers like SPY) with dynamic coloring (red for levels above the current price, green for below). Only traders with access to these levels are VeroTrade community members.
- Toggleable Display: Enable or disable monthly, weekly, daily, and custom levels individually to suit your analysis needs.
- Customizable Appearance: Adjust line widths and colors for each level type, and choose whether to show labels for clarity.
- Stable and Efficient: Lines remain fixed during chart panning, ensuring a seamless user experience without clutter or redraw issues.
How To Use:
1. Add the indicator to your chart.
2. Enable/disable levels via inputs.
3. Input custom levels in the format: "Ticker, level1, level2, ..." (e.g., "SPY, 555, 556").
4. Adjust colors and line widths to suit your style.
UPDATE Version 1.1:
Minor text changes to remove confusion on level tags.
- Changed PMH (previous month high) to LMH (last month high).
- Changed PML (previous month high) to LML (last month high).
These changes were made because PML and PMH are also commonly used to describe the premarket high and low.
UPDATE Version 1.2:
Added premarket high and low auto-levels. Premarket levels are only visible on timeframes under the 1D (daily).
Improved and updated level tags. Clear text with exact price level. Tags are now shifted to the right so they do not interfere with price action or trading.
UPDATE Version 1.3:
Added the ability to change label types and label text color. This way, labels can be moved around and customized however you see fit.
This script automatically displays historical price levels derived from the previous daily, weekly, and monthly highs/lows, as well as custom premarket session levels. These levels are commonly used within VeroTrade's group strategy to assist members in identifying context, price structure, and potential reaction zones based on historical data. All plotted levels are fixed from past sessions and do not constitute real-time trade signals or predictions.
Features:
- Monthly, Weekly, and Daily Levels: Displays previous period high and low levels for monthly, weekly, and daily timeframes, helping you identify significant support and resistance zones.
- Custom Levels: Add up to 10 sets of user-defined price levels (e.g., for specific tickers like SPY) with dynamic coloring (red for levels above the current price, green for below). Only traders with access to these levels are VeroTrade community members.
- Toggleable Display: Enable or disable monthly, weekly, daily, and custom levels individually to suit your analysis needs.
- Customizable Appearance: Adjust line widths and colors for each level type, and choose whether to show labels for clarity.
- Stable and Efficient: Lines remain fixed during chart panning, ensuring a seamless user experience without clutter or redraw issues.
How To Use:
1. Add the indicator to your chart.
2. Enable/disable levels via inputs.
3. Input custom levels in the format: "Ticker, level1, level2, ..." (e.g., "SPY, 555, 556").
4. Adjust colors and line widths to suit your style.
UPDATE Version 1.1:
Minor text changes to remove confusion on level tags.
- Changed PMH (previous month high) to LMH (last month high).
- Changed PML (previous month high) to LML (last month high).
These changes were made because PML and PMH are also commonly used to describe the premarket high and low.
UPDATE Version 1.2:
Added premarket high and low auto-levels. Premarket levels are only visible on timeframes under the 1D (daily).
Improved and updated level tags. Clear text with exact price level. Tags are now shifted to the right so they do not interfere with price action or trading.
UPDATE Version 1.3:
Added the ability to change label types and label text color. This way, labels can be moved around and customized however you see fit.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.