This indicator uses Round Numbers breakouts and then uses smart formula with the near Round Numbers to determine best TP (take profit)/SL (stop loss) areas. Furthermore, it calculates win percentage, shows in-profit/in-loss peaks and the price amount result over a customizable date range, which when combined well with the smart formula provides decent profitable...
Quick Script to mark out round number levels. These levels often become reversal points or where the next price range will develop. This script is intended to be a tool to aid along with additional trading strategies.
This script is based on "Round Numbers Above and Below" by BitcoinJesus-Not-Roger-Ver, but unlike this script that only shows "Round Numbers" levels, my script also shows "Quarter Number" levels like 25 and 75 that are very important for those who follow the quarters theory.
Also the original script doesn't have different colors for different levels while my...
Institutional price levels
(AKA round numbers, Perfect Price Levels-PPL)
Institutional Price Levels (IPL) script shows the closest round numbers from the current price.
Some traders uses round numbers as a support resistance levels.
For example: 0.000 0.500 1.000 levels. Additional levels are 0.200 0.800.
So I made a simple script that shows round numbers and...
This indicator is designed to show psychological levels/round levels.
The difference between this version and the others is that :
It will automatically show round levels for each symbol you select without having to enter "tick value" manually.
Gap : If the value is equal to zero, the round levels will be found automatically, but if you change...
It's a simple little tool that enhances Tradingview's horizontal level grid. Set the range of up to 12 assets, you save your model, and the levels will show up automatically when you switch between graphs.
it is obvious to note that the market reacts on the round levels if it discovers its levels for a long time.
Where using notions of supports / resistances...
This indicator shows zones of round numbers for 3 custom symbols like US30, EURUSD or GOLD as lines in the chart. The starting price can also be the current or a custom one and you can configure the increments as well. CAPITALCOM:US30
Collection of math functions that are not part of the standard math library
num_of_non_decimal_digits(number) num_of_non_decimal_digits - The number of the most significant digits on the left of the dot
number : - The floating point number
Returns: number of non digits
Round number Swing Trading System:
Setup part 1: Set Near Round Number And Specific Gap in indicator input session
Setup part 2: What is the direction of the trend? Use Dow Theory, moving averages or your preferred technical analysis to determine the trend. Only trade with the trend.
Setup part 3: Wait for the price to swing in the direction of the...
Round number indicator that draws horizontal lines at each 50 pips for Forex.
The original indicator is developed by DavitBrunet and I have modified enabling to select line style, line color and line width.
Thank you @DavitBrunet for inspiring me!
I wrote some Support/Resistance scripts before this. In this new script, I implemented the logic of the code from the scratch, so it's very different from my previous S/R indicators and I think it's more advanced, accurate and efficient.
As the result it could do the followings for now:
- Draw more strong classical resistance/support levels by checking previous...
Auto Round Number and Repdigit Line
It is an indicator that automatically draws round numbers of any number of digits and doublet horizontal lines.
Two horizon lines are drawn above and below the current price and are designed to always follow the price.
For "Round-Up / Round-Down Digits", specify "Number of zeros you want to arrange".
For "Repdigit Digits",...
00,25,50,75,00 - RND/LVL
This concept is very simple..
Use round numbers as support and resistance, target the (.25 - .50 - .75) levels for take profit..
Basically, the rounds numbers are high liquidity zone (psychological and banks levels)
You can clearly see the price moving between those zones.
Recommanded timeframe : M30-H1-H4 (M15-M30) for entry..
Round function in PineScript is very simple and allows you to round numbers only to the closest integer number. This is a bit irritating because I very often have to round numbers to some decimal places and not integer.
So I created 2 functions I use all the time and now sharing them with you.
roundn - rounds the values in its first argument to the...
If you search the internet, you won't find much about these types of resistance and support levels. Hidden levels are SnR levels calculated based on some psychological patterns and sometimes it's unbelievable that the chart responds to these levels.
So use the indicator and check the idea.