Daily Levels

Daily Levels: Untouched Daily Close Sequence Indicator
Unlock the power of precision trading with Daily Levels, an advanced TradingView indicator designed to identify key daily support and resistance levels based on untouched close sequences. This tool empowers traders by highlighting potential high-impact zones where the market is likely to exhibit strong reactions, such as significant price reversals or liquidity-driven moves.

Key Features:

• Dynamic Level Detection: Automatically scans and plots daily support and resistance levels derived from historical close prices, focusing on sequences that remain untouched for maximum relevance.
  
• First-Touch Emphasis: Levels are displayed only until the market makes initial contact, ensuring you capture the strongest potential reactions. Once touched, the level automatically hides to declutter your chart and prioritize fresh opportunities.
  
• Reaction Strength Logic: By emphasizing untouched levels, the indicator accounts for market psychology—first touches often trigger more robust responses due to accumulated liquidity, while repeated touches can weaken a level's significance and reduce reaction intensity.
  
• Customizable Visualization: Easily adjust settings to suit your trading style, including level colors, line styles, and alert notifications for when price approaches these critical zones.
  

Whether you're a day trader, swing trader, or long-term investor, Daily Levels provides a clear edge by filtering out noise and spotlighting high-probability setups. Say goodbye to overcrowded charts and hello to actionable insights that can enhance your decision-making and boost profitability.
Ready to elevate your trading? Add Daily Levels to your toolkit today and experience the difference in spotting liquidity-rich opportunities!