This indicator develops levels based off prior price action as well as candles It also then places a red or green arrow on the candle once the level is retested I prefer using this on SPX ES_F and NQ_F On the hourly chart It also works well in Forex and Stocks
Notas de prensa
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Invalidated trades . IE Candle close below level will not show up
Notas de prensa
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Arrows updated They will only show up once price is at or slightly below the line
FOR THE PEOPLE WHO CAN'T FIND THIS INDICATOR FOR THEIR CHART:
1. Under the update comments above (where the source code usually is), click "Add to Favorite Scripts".
2. Go to your chart.
3. Click on the "Indicators" (fx) button at the top of the chart.
4. Scroll down your "Favorites" and look for "Price Action Level Indicator," or just type it in the search box.
5. Click on it and it will be added to your chart.
Novocane
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@inceptus, Please do you have to donate before you have access to this script?
this is an amazing indicator. thank you for writing the script. any chance you'd share it privately? I'd love to add some tweaks. colored levels to indicate trend of price...turns red when price moves below, green when price moves above...that sort of thing