OPEN-SOURCE SCRIPT
Updated Universal Adaptive Psychological Levels 1.1
This simple indicator is somewhat working around an inability to see big accumulations of limit orders in Tradingview.
It just marks the levels of round psychological prices (e.g. 1000, 1100, 1110) and adjusts to the range of prices of the current ticker.
These psychological levels work as resistance and support levels, especially if the price didn't visit it already lately.
It just marks the levels of round psychological prices (e.g. 1000, 1100, 1110) and adjusts to the range of prices of the current ticker.
These psychological levels work as resistance and support levels, especially if the price didn't visit it already lately.
Release Notes
Update - the table is in English now to abide the rules of Tradingview.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.