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Rishabh Jackpot Zones + Open Line narendra

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📌 Narendra Jackpot Zones + Open Line — by Narendra

This custom indicator is designed to identify key Support and Resistance Zones based on pivot highs/lows, and highlight the Spot Day Open Price — offering traders clear intraday decision-making references.

🔍 Features:
🔸 Dynamic Support and Resistance Zones from pivot structures

🔸 Customizable Spot Open Line for trend bias identification

🔸 Auto-cleaning of old lines for better chart visibility

🔸 Flexible label sizing to suit your chart aesthetics

⚙️ Inputs:
Spot_Day_Open_Price: Manually input today's spot price

Pivot Lookback: Sensitivity of pivot detection

Zone Line Length: Control horizontal zone visibility

Max Lines: Limit visual clutter by setting maximum zones

Label Size: Choose between Small, Normal, Large, Huge

💼 Use Cases:
Intraday and positional traders for reversal & breakout points

Visual clarity for trend continuation vs rejection

Works across all instruments and timeframes

⚠️ Disclaimer: This is an educational tool. Use it with your trading plan and risk management. Not a buy/sell recommendation.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.