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TKC-Camarilla

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๐Ÿ“Œ TKC-Camarilla โ€“ Advanced Intraday Support/Resistance Levels
TKC-Camarilla is a powerful intraday tool based on the Camarilla Equation, designed to help traders identify key support and resistance zones, breakout levels, and mean-reversion opportunities. This version is optimized for both discretionary and systematic trading.

๐Ÿ”‘ Features:
Nine core Camarilla levels: H4, H3, H2, H1, Pivot, L1, L2, L3, L4

Strategic level labels:

H4 โ€“ Long Breakout

H3 โ€“ Long

Pivot โ€“ Mean Reversion Anchor

L3 โ€“ Short

L4 โ€“ Short Breakout

Daily level calculation (based on previous dayโ€™s High, Low, Close)

Custom colors and visibility options

Inline price and label descriptions

Breakout alerts for H4/L4 and H3/L3

Info table toggle for at-a-glance level display

Support for custom line styles, label sizes, and extensions

๐ŸŽฏ Use Cases:
Breakout Trading: Enter long above H4 or short below L4

Reversion Setups: Trade back to Pivot from H3/L3

Scalping: Use H1/L1 for micro-trend turns

Bias Detection: Daily bias based on proximity to H3/L3

๐Ÿ“ˆ How It Works:
Levels are drawn based on the previous dayโ€™s range, and automatically update at each new daily candle. Labels are placed above the lines with contextual cues and real-time pricing.

Penafian

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