pbworld_Writer

XAU/USD Key levels by PB TradingWorld

pbworld_Writer Updated   
Indicator: XAU/USD Key Levels by PB TradingWorld
Version: 1.0

This is a Trading note for XAU/USD Traders. PB believes that Market Makers will try to protect the Key levels on chart, especially those around Swing High and Swing Low. Therefore, the indicator will show where the noticeable prices. It is displayed as follows:

Key Levels (Round Numbers):
  • H4 candle = 1 Trading Session
  • D1 candle = 1 Trading Day
  • W1 candle = 1 Trading Week
  • MN1 Canlde = 1 Trading Month
  • D2 Candle = The last 2 Trading Days
  • D3 Canlde = The last 3 Trading Days

XAUUSD
Release Notes:
I added note for TIME LEVEL so that users can identify trading opportunies in both PRICE & TIME level.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?