This indicator is designed to help traders visualize key price zones where the market often reacts, based on price levels ending with 0 or 5 (e.g., 1350, 1355, 1360). These levels are commonly used for pending orders, liquidity, or price clustering zones.
It displays horizontal grid lines at fixed step intervals (default: every 5 points), covering the entire visible price range of the chart. Each price level is labeled for better clarity and planning.
🟦 Blue lines: Price levels ending in 0 ⬜ Gray lines: Price levels ending in 5
This tool is useful for identifying potential institutional behavior zones, price consolidation, accumulation/distribution areas, or psychological support/resistance levels.
🧠 Notes: - This indicator is not a buy/sell signal tool or predictive system. - It works best when used in conjunction with other technical tools such as Supply/Demand zones or Smart Money Concepts (SMC) analysis. - Compatible with all instruments: stocks, futures, forex, crypto, etc.
✅ How to use: 1. Add the indicator to your chart 2. Observe how price interacts with the 0/5 grid zones 3. Use the lines to assist with breakout, retest, or reversal planning 4. Combine with price action or other indicators for higher precision