Gold Key Level Lines

27. Nov.

Overview

Gold Horizontal Lines is a visual grid tool that draws automatic horizontal levels around the current price. It’s designed for symbols like Gold (XAUUSD), but works on any market and timeframe.

What It Does

Draws main, mid, and quarter price levels based on user-defined intervals (e.g. 100 / 50 / 25).

Centers the grid around the current close, above and below by a chosen number of levels.

Adds optional price labels to each line on the right side of the chart.

Deletes and redraws lines only on the last bar to keep the chart clean and efficient.

Inputs

Main Line Interval – distance between key levels (e.g. 100).

Mid / Quarter Intervals – optional extra levels between main lines (set to 0 to disable).

Colors, Styles, Widths – separate settings for main, mid, and quarter lines.

Show Price Labels – toggle labels on/off.

Number of Lines Above/Below Price – controls how far the grid extends.

1. Dez.

Versionshinweise

Overview

Gold Key Level Lines is a visual grid tool that builds automatic horizontal levels around the current price. It was designed for Gold (XAUUSD), but it works on any symbol and any timeframe. The idea is to give you a clean, repeatable structure of “big figure” levels and sub-levels that you can use as support, resistance, and target zones.

Concept – How It Works

Instead of using pivots or indicators, this script creates a fixed price grid based on intervals you choose (for example 100 / 50 / 25).

It takes the current price and “snaps” it to the nearest main interval level.

From that anchor, it steps up and down in equal increments to generate:

Main levels (major zones),

Optional mid levels (halfway between main levels),

Optional quarter levels (finer intraday structure).

Lines are only updated on the last bar and old ones are removed, so the chart stays clean and fast.

This makes the indicator a simple price-geometry tool: it doesn’t predict direction, it just organizes the chart into consistent levels you can trade around.

What It Does

Draws main, mid, and quarter price levels based on user-defined intervals (e.g. 100 / 50 / 25).

Centers the grid around the current close, extending a chosen number of levels above and below price.

Adds optional price labels to each line on the right side of the chart so you can see the exact level.

Uses separate colors and line styles for each level type so you can instantly see which lines are more important.

Deletes and redraws lines only on the last bar to keep the object count low and the script efficient.

Inputs

Main Line Interval – distance between major key levels
(e.g. 100 for XAUUSD → 4100, 4200, 4300…).

Mid / Quarter Intervals – optional additional grids between the main lines
(set to 0 to disable each type).

Colors, Styles, Widths – independent settings for main, mid, and quarter lines so you can build your own visual hierarchy.

Show Price Labels – toggle labels on/off.

Number of Lines Above/Below Price – controls how far the grid extends away from the current price so you can keep the chart focused.

How to Use It

On Gold (XAUUSD), a common setup is:

Main interval = 100

Mid interval = 50

Quarter interval = 25
Use main levels as the higher-timeframe key zones, and mid/quarter levels for intraday entries, scaling, and partial profits.

On other markets, choose an interval that makes sense for that instrument (e.g. 50 or 100 points on indices, 50–100 pips on FX).

Combine the grid with your own strategy (orderflow, structure, indicators).
The script is not a signal generator; it provides a consistent price framework so you can:

Plan entries and exits in advance,

Avoid chasing moves in the “middle of nowhere”,

See where price is relative to important round levels.