OPEN-SOURCE SCRIPT
Key Levels (PA, MAs, VWAPs, Volume Profile, rVWAPs)
This indicator marks all kinds of key levels so that users can keep an overview of their specified levels in a convenient non chart cluttering way. It can highlight levels of confluence or display each level seperately.
The indicator includes markers for the following levels:
Price Action: Opens, Previous High/Low, Monday Range
Moving Averages: H4, D1 and W1 with customisable lengths
VWAPs: Developing and Previous VWAPs with their respective VAL/VAH (1 Standard Deviation)
Rolling VWAPs
Volume Profile: Developing and Previous VAL/VAH/POC
What makes this indicator different is its vast customisation options and big library of levels…
… users can choose to merge all levels that are aligned in a specified % threshold and additionally they can choose to color them the same color to highlight confluence levels.
… users have the choice between Full Label Markers or Abbreviations of those Labels.
… users have the choice of a few presets making level switching fast and convenient (Price Action, Volume Profile, VWAP, Volume or Custom).
… users can specify if they prefer to highlight Simple Moving Averages or Exponential Moving Averages. They have calculations available on three different timeframes and can change the lengths of each.
… users can color all levels the same with one click instead of having to manually change all of them.
… when users choose Volume Profile Levels they can either let the script auto calculate the row size making asset switching simple or they can manually input row size.
With the custom preset users can show and hide whichever levels they want.
(To have them the same every time you freshly load the indicator save your settings as default in the lower left corner of the settings tab).
Purpose
This indicator is designed to serve as a level visualisation tool that has the ability to highlight levels of confluence. It may assist in keeping an overview of where all levels are currently located but does not produce signals or trade recommendations.
The indicator includes markers for the following levels:
Price Action: Opens, Previous High/Low, Monday Range
Moving Averages: H4, D1 and W1 with customisable lengths
VWAPs: Developing and Previous VWAPs with their respective VAL/VAH (1 Standard Deviation)
Rolling VWAPs
Volume Profile: Developing and Previous VAL/VAH/POC
What makes this indicator different is its vast customisation options and big library of levels…
… users can choose to merge all levels that are aligned in a specified % threshold and additionally they can choose to color them the same color to highlight confluence levels.
… users have the choice between Full Label Markers or Abbreviations of those Labels.
… users have the choice of a few presets making level switching fast and convenient (Price Action, Volume Profile, VWAP, Volume or Custom).
… users can specify if they prefer to highlight Simple Moving Averages or Exponential Moving Averages. They have calculations available on three different timeframes and can change the lengths of each.
… users can color all levels the same with one click instead of having to manually change all of them.
… when users choose Volume Profile Levels they can either let the script auto calculate the row size making asset switching simple or they can manually input row size.
With the custom preset users can show and hide whichever levels they want.
(To have them the same every time you freshly load the indicator save your settings as default in the lower left corner of the settings tab).
Purpose
This indicator is designed to serve as a level visualisation tool that has the ability to highlight levels of confluence. It may assist in keeping an overview of where all levels are currently located but does not produce signals or trade recommendations.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.