OPEN-SOURCE SCRIPT

Percent Levels From Previous Close

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This indicator plots on the chart +/- 1% / 2% / 3% ranges based on the previous day's close levels.

Disclaimer :
Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on.
This script is for informational and educational purposes only. Use of the script does not constitute professional and / or financial advice. You are solely responsible for evaluating the outcome of the script and the risks associated with using the script. In exchange for the use of the script, you agree not to hold monpotejulien TradingView user responsible for any possible claims for damages arising out of any decisions you make based on the use of the script.
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- Style of the line - available styles are solid, dotted, and dashed
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- Color of the % line - new available colors
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Script structure has been reorganized.
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Script structure has been reorganized.
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Some bug fixes!
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Some bug fixes!
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New Version
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shorttitle change
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update
-Line Styling Option
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Option added to calculate the levels from the open.
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The text has been modified, changing the parameter interface and adding opacity.
Additionally, an option has been included to set any percentage between lines, not just 1%.
Furthermore, all the if() conditions in the code have been replaced with switch() statements.
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New features added: Percentage values now shown on labels. Line width customizable for both previous day and percentage lines.
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Minor update: option added for levels 4, 5 and 6.
Bands and ChannelscloseforecastinglevelsMoving Averagespercentpercentageprevious

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