OPEN-SOURCE SCRIPT
Every $5 (3 Up, 3 Down) GOLD only
Description:
This indicator plots customizable horizontal lines spaced every $5 on the XAUUSD chart, with exactly 3 lines above and 3 lines below the nearest $5 level from the current price.
Key Features:
Line Spacing: The lines are plotted at $5 intervals starting from the nearest whole $5 price below the current price (e.g., $1900, $1905, etc.).
Customizable Line Color: Users can select the color of the lines via the indicator settings, making it adaptable to different chart themes and styles.
Customizable Line Style: The indicator allows you to choose from the following line styles:
Solid: Continuous line.
Dashed: Dashed line for a more discrete visual.
Dotted: Dotted line for minimalistic visibility.
Visibility Control: The indicator limits the number of lines to 3 above and 3 below the current price, keeping the chart clean and uncluttered while providing key levels of interest.
Use Cases:
Support and Resistance Identification: Easily spot key psychological levels in $5 increments, useful for identifying potential support or resistance zones in XAUUSD trading.
Price Action Monitoring: Traders can visually track how XAUUSD interacts with specific price levels spaced by $5 increments.
Customization Options:
Color Selection: Modify the line color to match your chart theme or highlight important levels.
Line Style: Select between solid, dashed, or dotted lines to customize the look of your chart.
This indicator is ideal for XAUUSD traders looking for clear, customizable visual levels on their charts to aid in decision-making, whether you're tracking price action or setting targets for entry and exit.
This indicator plots customizable horizontal lines spaced every $5 on the XAUUSD chart, with exactly 3 lines above and 3 lines below the nearest $5 level from the current price.
Key Features:
Line Spacing: The lines are plotted at $5 intervals starting from the nearest whole $5 price below the current price (e.g., $1900, $1905, etc.).
Customizable Line Color: Users can select the color of the lines via the indicator settings, making it adaptable to different chart themes and styles.
Customizable Line Style: The indicator allows you to choose from the following line styles:
Solid: Continuous line.
Dashed: Dashed line for a more discrete visual.
Dotted: Dotted line for minimalistic visibility.
Visibility Control: The indicator limits the number of lines to 3 above and 3 below the current price, keeping the chart clean and uncluttered while providing key levels of interest.
Use Cases:
Support and Resistance Identification: Easily spot key psychological levels in $5 increments, useful for identifying potential support or resistance zones in XAUUSD trading.
Price Action Monitoring: Traders can visually track how XAUUSD interacts with specific price levels spaced by $5 increments.
Customization Options:
Color Selection: Modify the line color to match your chart theme or highlight important levels.
Line Style: Select between solid, dashed, or dotted lines to customize the look of your chart.
This indicator is ideal for XAUUSD traders looking for clear, customizable visual levels on their charts to aid in decision-making, whether you're tracking price action or setting targets for entry and exit.
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
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.