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DeadCatBounce Structure Levels
Indicator Overview
The DeadCatBounce Structure Levels indicator is a clean and efficient tool designed to display key market structure levels across multiple timeframes. By automatically plotting the previous daily, weekly, and monthly highs and lows, it provides traders with essential reference points for understanding price behavior and anticipating potential reaction areas.
This indicator helps traders quickly visualize important support and resistance levels without having to manually mark charts yourself.
How It Works
The indicator continuously tracks the previous period’s high and low for the following timeframes:
Using TradingView’s request.security() function, it pulls accurate historical OHLC levels and projects them onto the current chart. At the latest bar, the indicator draws extended horizontal lines marking each level, color-coded per timeframe for clarity. Each level can optionally display its corresponding price value for quick reference, and the lines extend a configurable number of bars into the future.
Key Features
✅ Automatic previous high/low levels across 3 major timeframes
✅ Clean visual structure with customizable colors, widths, and extensions
✅ Optional price labels for clarity
✅ Lightweight and non-intrusive on the chart
✅ Ideal for identifying support/resistance, liquidity levels, and breakout zones
Made by https://x.com/DCBcrypto
This is version 1.0
For questions and inquiries, reach out in DMs
The DeadCatBounce Structure Levels indicator is a clean and efficient tool designed to display key market structure levels across multiple timeframes. By automatically plotting the previous daily, weekly, and monthly highs and lows, it provides traders with essential reference points for understanding price behavior and anticipating potential reaction areas.
This indicator helps traders quickly visualize important support and resistance levels without having to manually mark charts yourself.
How It Works
The indicator continuously tracks the previous period’s high and low for the following timeframes:
- Daily (PDH / PDL)
- Weekly (PWH / PWL)
- Monthly (PMH / PML)
Using TradingView’s request.security() function, it pulls accurate historical OHLC levels and projects them onto the current chart. At the latest bar, the indicator draws extended horizontal lines marking each level, color-coded per timeframe for clarity. Each level can optionally display its corresponding price value for quick reference, and the lines extend a configurable number of bars into the future.
Key Features
✅ Automatic previous high/low levels across 3 major timeframes
✅ Clean visual structure with customizable colors, widths, and extensions
✅ Optional price labels for clarity
✅ Lightweight and non-intrusive on the chart
✅ Ideal for identifying support/resistance, liquidity levels, and breakout zones
Made by https://x.com/DCBcrypto
This is version 1.0
For questions and inquiries, reach out in DMs
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
When everyone sold, the cat bounced. NFA!
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.
When everyone sold, the cat bounced. NFA!
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.