Historical Stop Levels [StoneKeep]
Our Historical Stop Levels script is one of our most powerful yet. Unlike most basic support or resistance indicators, we aren't simply tracking pivot points. By identifying market making activity while tracking and storing levels which occurred at these areas, the user then has instant access to roughly 300-400 different levels which price is likely to react to. These levels automatically start plotting on the chart when price approaches them. The reason it's called 'Historical Stop Levels' is because the specific market making activity that's being identified is stop hunts , also known as liquidity grabs.
Intended Use:
- Levels are detected best in overall volatile markets.
- For best use, only apply to Futures, Cryptos, Stocks.
- Only use on timeframes 1hr and below, otherwise loading will time out and an error will result.
Levels:
- No matter what timeframe you are on, levels are pulled from 15m, 30m, 1hr, 4hr, 1D.
- There are three different colors depicted on the plotted levels, the differentiation represents a different type of market making activity which occurred at the detection point of the level.
- No single colored level holds more weight or baring then another color, nor are the differentiations key to know as a user as they are proprietary and highly technical, think of the colors as only standing for visual effect.
Logic:
Gain insight into where price can:
- Head towards
- Retrace to
- Sweep a level
- Clear a range
- Range at
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact stonekeeptrading directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact stonekeeptrading directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.