An automated indicator that plots daily, weekly, and monthly price levels with dynamic visibility based on selected chart timeframe, helping traders understand key price reference points.
Explore complementary indicator rolesHow it works
This indicator automatically plots prior and current price levels for daily, weekly, and monthly timeframes directly on the trading chart. It dynamically adjusts its visibility based on the selected chart timeframe, ensuring that only relevant price levels are displayed.
The system intelligently filters price levels to prevent chart cluttering by showing daily levels only on timeframes smaller than 60 minutes, weekly levels on timeframes smaller than one day, and monthly levels on timeframes smaller than one week.
Why it may be useful
By providing instant visual reference to key price levels, traders can quickly identify potential support and resistance zones without manual calculation. These automatically plotted levels help traders understand market structure and make more informed trading decisions across different timeframes.
The adaptive display mechanism reduces visual noise and ensures that traders focus on the most relevant price information for their current trading perspective, improving chart readability and strategic analysis.
When to explore it
This indicator is most effective for traders who frequently switch between different timeframes and need quick, comprehensive price level insights. It works best for intraday and short-term trading strategies that require rapid understanding of recent market price dynamics.
Traders can leverage this tool during volatile market conditions, when tracking recent price levels becomes crucial for making swift and accurate trading decisions across various timeframes.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
