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PRO Investing - Level

252
PRO Investing - Level
📊 Dynamic Support/Resistance

This indicator plots the PRO Investing Level, defined as the midpoint between the highest high and lowest low over the past 252 trading days (default lookback period, equivalent to ~1 year). It acts as a key mean-reversion reference level, useful for identifying potential support/resistance zones or market equilibrium levels.

Features:
🕰️ Option to display only today’s level or historical levels.

⚙️ Customizable lookback period for flexibility across timeframes and strategies.

📉 Teal line plotted directly on the chart, highlighting this institutional-grade level.

Ideal for traders looking to anchor price action to significant historical ranges—particularly useful in mean-reversion, breakout, or volatility compression strategies.

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