Real-Time Open Levels with Labels + Info Table

kelmarin

Real-Time Multi-Timeframe Open Levels with Labels & Info Panel

Overview
This indicator displays real-time opening price levels across multiple timeframes (Monthly, Weekly, Daily, 4H) directly on your chart. It features:
• Dynamic horizontal lines extending through each timeframe period

• Customizable labels with text/colors

• Special 4H line treatment for the last hour (5-min charts only)

• Integrated information panel showing symbol, timeframe, and price changes


*Example showing multiple timeframe levels with labels and info panel*

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Features & Configuration

1. Monthly Settings
Show Monthly: Toggle visibility of monthly opening price
Color: Semi-transparent blue (#2196F3 at 70% opacity)
Width: 2px line thickness
Style: Solid/Dotted/Dashed
Label: Display "M-Open" text with white text on blue background

2. Weekly Settings
Show Weekly: Toggle weekly opening price visibility
Color: Semi-transparent red (#FF5252 at 70% opacity)
Width: 1px thickness
Style: Dotted by default
Label: "W-Open" text in white on red background

3. Daily Settings
Show Daily: Toggle daily opening price
Color: Amber (#FFA000 at 70% opacity)
Width: 2px thickness
Style: Solid
Label: "D-Open" in white on orange background

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4. 4-Hour Settings (5-Minute Charts Only)
Special Features for 5-Min Timeframe:
1. Standard 4H Line
• First 3 hours: Green (#4CAF50) dashed line

• Last hour: Bright red solid line (configurable)

• Vertical divider between 3rd/4th hours


2. Configuration Options
• Main 4H Line:

◦ Color/Width/Style for initial 3 hours

◦ Toggle label ("H4-Open") visibility and styling


• Final Hour Enhancement:

*Last Hour Line*
◦ Unique red color and line style

◦ Separate width (1px) and style (Solid)

*Divider Line*
◦ Vertical red dotted line marking last hour

◦ Adjustable position/width/transparency


*4H levels showing 3-hour segment and final hour treatment*

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5. Info Panel Settings
Positioning:
• Anchor to any chart corner (Top/Bottom + Left/Right combinations)

• Three text sizes: Title (Huge), Change % (Large), Signature (Small)


Display Elements:
• Symbol: Show exchange prefix (e.g., "NASDAQ:")

• Timeframe: Current chart period (e.g., "5m")

• Change %: 24-hour price movement ▲/▼ percentage

• Custom Signature: Add text/username in footer


Styling:
• Semi-transparent white text (#ffffff77)

• Currency pair formatting (e.g., BTC/USD vs BTC-USD)


*Sample info panel with all elements enabled*

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Usage Tips
1. Multi-Timeframe Context: Use levels to identify key daily/weekly support/resistance
2. 4H Trading: On 5-min charts, watch for price reactions near final hour transition
3. Customization:
• Match line colors to your chart theme

• Use different labels for clarity (e.g., "Weekly Open")

• Disable unused elements to reduce clutter

4. Divider Lines: Helps identify institutional trading periods (hour closes)

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*Created using Pine Script v6. For optimal performance, use on charts <1H timeframe. [Get this script on TradingView]()*

[Documentation version 1.0 - Updated 2024-03-15]

kelmarin

Nota Keluaran

English User Manual Update - ADR Feature Enhancement

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**Version Update Summary**
This update introduces the ADR (Average Daily Range) feature, providing dynamic volatility analysis with customizable display options. The indicator now supports multi-timeframe open price levels with enhanced visual controls and an integrated ADR information panel.

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**New Features: ADR Settings**

**6. ADR Parameters**
*Access via indicator settings > "6. ADR Parameters"*

1. Show ADR Info
• Toggle visibility of the ADR panel.

• *Default: Enabled*


2. Calculation Period
• Set the lookback period (in days) for the average ADR calculation.

• *Range: 1–100 days | Default: 25*


3. Display Options
• Show Yesterday's ADR: Displays the previous day's price range.

• Show Today's ADR: Shows the current day's intraday range.

• Show Average ADR: Displays the smoothed ADR over the selected period.

• *All options enabled by default.*


4. Decimal Precision
• Adjust the number of decimals for ADR values.

• *Range: 0–6 | Default: 2*


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**7. ADR Table Positioning**
*Access via indicator settings > "7. ADR Table Location"*

1. Vertical Position
• Choose `top`, `middle`, or `bottom` placement on the chart.


2. Horizontal Position
• Align to `left`, `center`, or `right`.


3. Text Customization
• Text Size: Options from `tiny` to `huge` (default: `small`).

• Text Color: Select any color (default: white).


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**Example Use Cases**
1. Volatility Analysis:
• Compare today’s range (Today ADR) against the historical average (25-day ADR) to gauge market volatility.


2. Session Planning:
• Use the "Yesterday ADR" to identify potential support/resistance zones from the prior trading session.


3. Custom Alerts:
• Combine ADR data with price levels (e.g., daily opens) to set alerts for breakouts or reversals.


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**Frequently Asked Questions (FAQ)**

Q1: Why does the ADR table not appear?
• Ensure `Show ADR Info` is enabled in settings (Section 6).

• Verify the chart’s timeframe is not monthly/weekly (ADR uses daily data).


Q2: How to reset ADR parameters?
• Right-click the indicator > *Settings* > Click `Restore Defaults`.


Q3: Can I change the ADR calculation period intraday?
• Yes—the `Calculation Period` updates dynamically.


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**Compatibility Notes**
• Works on all assets with daily data (stocks, forex, crypto).

• Optimized for use with the existing multi-timeframe open levels (daily, weekly, monthly).


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*Updated: 2024-03-05 | Version: 6.1 | By: [Your Name]*
For support, contact: [[e-mail]]

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📌 Tip: Combine ADR levels with the 4H open lines (Section 4) for intraday trading strategies!

10 jam lalu

Nota Keluaran

📣 New Feature Alert: Daily Division Lines + Weekday Labels! 🎉

Let’s break down this fun & functional update with a *sandwich-style* explanation (good news ➡ details ➡ encouragement)!

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**🥪 Top Layer: POSITIVE HIGHLIGHTS 🚀**
"YAAAS! Time to visualize weeks like a pro!" 👏
• NEW! Crisp vertical lines split each week into Monday → Sunday segments! 📅

• CUTE labels (Mon, Tue, Wed…) at the chart’s bottom make timing crystal clear! 🏷️

• Perfect for spotting daily patterns or aligning trades with specific sessions (London/NY/Asia)! 🌍


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**🥪 Middle Layer: KEY DETAILS & CUSTOMIZATION 🛠️**
✨ Features:
• Full-chart coverage: Lines stretch from top to bottom! 📈➡📉

• Styling freedom: Choose colors, widths, and dashed/dotted styles! 🎨

• Smart positioning: Labels auto-adjust to weekly lows + user-defined offsets! ⚙️


🔧 Customize in settings:
• Toggle lines/labels ON/OFF 🕹️

• Pick colors (with transparency!) 🌈

• Adjust label position with the “Label Bottom Offset” slider! 📏


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**🥪 Bottom Layer: CHEERFUL CLOSING 🌟**
"Go forth and conquer those weekly charts!" 💪
• Pro Tip: Use these lines to spot overnight gaps or news-driven moves! 📰

• Got ideas? We’re all ears! 😊 (Slap a comment below or tweak the code!)


Happy trading! 🚀📊
*(P.S. Mondays just got a little less scary… right? 😉)*

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🔍 Quick Demo: Imagine analyzing a bullish breakout on Wednesday—now you’ll instantly see if it aligns with the London session open! 🕒🐂