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Leverage Line

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Leverage Line is an indicator represented by a simple line. This line corresponds to the average of three other values:

- The current price of the listed asset
- The average price calculated since the asset's listing based on TradingView data
- The equilibrium price between supply and demand

This indicator can be used on all assets. Regarding timeframes, they can be used on all of them, although the line's movements and position will not change in any case. However, if you want a broader view, you absolutely can. But for the best views, for bounces or breakout confirmations, I highly recommend the weekly timeframe, and occasionally the daily one as well, but the weekly one is truly the best.

I hope this indicator will allow you to better visualize where the price is supposed to be, and that you will adapt it to your trading or even create your own strategies with it.

Glebesqu,
Sincerely.

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La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.