Precision Nasdaq

10시간 전

Precision NASDAQ Levels — Open-Source Support & Resistance Indicator

This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.

Features:
Customizable Settings: Adjust visual styles, label positions, and toggle level labels to suit your trading strategy.

Multi-Timeframe Support: Plot Monthly, Weekly, Daily, and Daily Range levels for broader market context.

Streamlined String Input: Input structure follows this order:

Code
Red, Red, Pink, Pink, Red, Red, Daily Range, Daily Range, Weekly, Weekly, Monthly, Monthly
Semi-Automatic NQ/QQQ Conversion: Manually input daily NQ spread or QQQ calculation to adjust NASDAQ levels. Note: Levels cannot be dragged when NQ/QQQ conversion is active. Uncheck conversion boxes to enable dragging.

How It Works
Apply the indicator to your chart.

Enter values for each support and resistance level.

Drag and adjust levels directly on the chart.

Use plotted zones to identify potential reversals, breakouts, or stop-loss placements.

Combine with other tools (e.g., trendlines or oscillators) for confirmation.

10시간 전

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