This indicator is a successor to Percentage Values SpaceManBTC. As opposed to anchoring via user selection on chart, the user can choose common anchor points related to typical important Price Action levels such as: Daily, Weekly, Monthly. And choose point of interest such as the Open for weekly open, or high,low, close...
The code is quite simple, specify a point in origin, and apply percentage deviations on price from that point, For usecase I find it can be quite useful for round numbers personally which is why ive set the default to be: 5,10,15,20.
Similar to playing round values that may provide some psychological reason for resistance/support I beleive the same can be done with %, allowing for Dynamic Targets and S/R Based on average moves vs what is potentially over extended.
Notes de version
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A temporary fix, bars too ltf would cause UI error e.g. 1min tf daily chart. Just a temporary solution.
Hello and thanks for this great indicator. Is it possible to have an option to hide previous weeks, months, etc. data via a check box to make the charts cleaner?! - TIA
Eoji
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bro, can you add custom timeframe please?
terstenb369
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That is the thing iv been looking for, solid! Could you add more deviations please?