OPEN-SOURCE SCRIPT
Updated Round Numbers
Tries to only show major round numbers regardless of whether you're looking at something priced in the thousands or under a dollar.
Release Notes
Tries to only show major round numbers regardless of whether you're looking at something priced in the thousands or under a dollar.Release Notes
Only plots major round numbersRelease Notes
Reduced max lines count. Added a step 0 for even larger numbers.Release Notes
Tries to only show major round numbers regardless of whether you're looking at something priced in the thousands or under a dollar.Detailed Description:
This indicator plots horizontal lines at significant round number price levels, helping traders identify potential support and resistance zones. It offers up to six customizable price steps (e.g., 10000, 1000, 100, 10, 1, 0.1) to draw lines above and below the current price, with options to enable/disable each step based on the asset's price range.
Features:
Steps: Configure up to six price intervals (default: 10000, 1000, 100, 10, 1, 0.1) for plotting round number levels.
Maximum Lines: Set the number of lines drawn above and below the current price for each step.
Style Customization: Choose line color, style (solid, dotted, dashed), and width for lines above and below the price.
Conditional Display: Automatically disables steps for higher price levels on assets with lower prices to avoid clutter.
Overlay: Lines are drawn directly on the chart with full extension for clear visibility.
Usage: Apply to any chart to highlight key psychological price levels. Adjust step sizes, line styles, and maximum lines to match your trading strategy. Best used as a visual aid for identifying potential price barriers.
Note: This is a technical analysis tool and does not provide trading signals or financial advice. Always conduct your own research.
Release Notes
updating with clean chart image (all other drawings/text/indicators) removed.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.