OPEN-SOURCE SCRIPT

Psychological Price Level - Prime Trading

Par blacknatrix
Mis à jour
This Pine Script is designed for the TradingView platform to display **Psychological Price Levels (PPLs)** on the chart. These levels represent key price zones, such as round numbers (e.g., 1.000, 1.500), which traders often consider as significant support or resistance levels.

### Main Features:
1. **PPL Level Calculation:**
- The script calculates and plots psychological price levels above and below the current price based on the instrument's tick size.
- It can plot multiple levels determined by the user through inputs.

2. **Visual Representation:**
- Each PPL level is shown as a horizontal line, styled according to user preferences (solid, dotted, or dashed), with a customizable color and width.

3. **Highlighting Levels with Boxes:**
- A semi-transparent colored box surrounds each PPL level, highlighting these zones visually.
- The color and size of the box can be adjusted, with a default color close to `#9FA5B8` (a light blue-gray), and 90% transparency to blend into the background.

4. **Customization:**
- Users can customize the number of PPLs plotted, the style of the lines, box color, and line thickness, making the levels adaptable to different chart setups.

In summary, this script helps traders quickly identify key psychological price levels on the chart, aiding decision-making by highlighting these important zones.
Notes de version
This Pine Script is designed for the TradingView platform to display **Psychological Price Levels (PPLs)** on the chart. These levels represent key price zones, such as round numbers (e.g., 1.000, 1.500), which traders often consider as significant support or resistance levels.

### Main Features:
1. **PPL Level Calculation:**
- The script calculates and plots psychological price levels above and below the current price based on the instrument's tick size.
- It can plot multiple levels determined by the user through inputs.

2. **Visual Representation:**
- Each PPL level is shown as a horizontal line, styled according to user preferences (solid, dotted, or dashed), with a customizable color and width.

3. **Highlighting Levels with Boxes:**
- A semi-transparent colored box surrounds each PPL level, highlighting these zones visually.
- The color and size of the box can be adjusted, with a default color close to `#9FA5B8` (a light blue-gray), and 90% transparency to blend into the background.

4. **Customization:**
- Users can customize the number of PPLs plotted, the style of the lines, box color, and line thickness, making the levels adaptable to different chart setups.

In summary, this script helps traders quickly identify key psychological price levels on the chart, aiding decision-making by highlighting these important zones.
Pivot points and levels

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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Clause de non-responsabilité