INVITE-ONLY SCRIPT
BayesCore Round Levels
BayesCore Round Levels – Psychological Price Zone Mapping
⚠️ Designed for futures contracts such as Nasdaq 100 E-mini (NQ), BOVESPA Mini Index (WIN), Mini Dollar (WDO), and any asset where round numbers act as institutional reference points.
Think of each zone as a decision area — not a line, but a region where the market decides its next direction.
Turn invisible walls into visible edges.
WHAT IS IT?
This indicator automatically maps round-number price zones across your chart, highlighting the psychological levels where institutional orders tend to cluster. Large players — banks, funds, algorithms — consistently place buy and sell walls at round thousand.
BayesCore Round Levels draws a visible band around each round level, turning invisible support and resistance into clear, actionable zones on your chart.
Price doesn't react to a single tick — it reacts to a zone. This indicator shows you exactly where those zones are.
WHY ROUND LEVELS MATTER
Round numbers are not just visual references — they carry real market significance:
Institutional Order Clustering
Large orders are frequently placed at or near round thousands. These create liquidity walls that act as magnets, pulling price toward them, and as barriers, rejecting price when hit.
Psychological Anchoring
Traders at every level — retail and institutional — anchor decisions to round numbers. "I'll sell at 22,000" or "I'll buy if it drops to 130,000." This collective behavior creates self-fulfilling support and resistance.
Algorithmic Trigger Zones
Many automated systems use round numbers as trigger points for entries, exits, and stop placement. The concentration of algorithmic activity around these levels creates measurable volatility and reaction.
Options & Derivatives Strike Clustering
In futures markets, options strikes cluster at round levels, creating gamma exposure that amplifies price reactions near these zones.
HOW IT WORKS
The indicator scans the visible price range on your chart and automatically draws a yellow semi-transparent band at every round-number level:
- Each band extends a configurable number of points above and below the round level (default: 50 points)
- A dotted center line marks the exact round level
- Zones extend across the entire chart for clear reference
- Levels update dynamically as price moves into new territory
HOW TO USE
Support & Resistance Identification
Round levels are natural support and resistance. When price approaches a yellow zone, expect a reaction — either a bounce (reversal) or a breakout with momentum.
Entry Zones
Look for entries when price pulls back into a round-level zone from above (long) or from below (short). Combine with your favorite confirmation signal (candle patterns, volume, momentum indicators).
Profit Targets
Round levels are excellent profit-taking zones. If you entered long at 131,200, the 132,000 zone is a natural first target. Plan partial exits at each successive round level.
Stop Placement
Place stops just beyond the opposite side of a round-level zone. If you bought at the 131,000 zone, a stop below 130,950 (below the band) gives you a clean invalidation point.
Breakout Confirmation
When price closes decisively through a round-level zone with volume, it often runs to the next round level. The zones give you a visual map of the "highway" between levels.
Confluence with Other Tools
Round levels become extremely powerful when they align with other indicators — pivot points, moving averages, VWAP, or Fibonacci levels. A round level that coincides with a pivot or a key MA is a high-probability reaction zone.
TIPS
- Adjust the interval for your asset. Use 1000 for NQ and WIN. Use 500 or 100 for lower-priced instruments or for finer granularity.
- The band width should match the asset's typical noise. 50 points works well for WIN and NQ. For assets with wider ranges, increase to 100.
- Use round levels as a framework, not a signal. They tell you WHERE to look, not WHEN to trade. Combine with momentum or volume confirmation.
- Watch for "zone stacking" — when a round level coincides with another reference (pivot, MA, VWAP), the reaction probability increases significantly.
- On high-impact news days (FOMC, CPI, NFP), round levels often act as magnets during the initial volatility spike and as bounce zones during the retracement.
VISUAL GUIDE
The yellow zones on your chart represent the "gravitational field" around each round thousand. Price tends to:
- Accelerate toward these zones (magnet effect)
- React upon arrival (bounce or break)
- Find acceptance or rejection within the band
⚠️ Designed for futures contracts such as Nasdaq 100 E-mini (NQ), BOVESPA Mini Index (WIN), Mini Dollar (WDO), and any asset where round numbers act as institutional reference points.
Think of each zone as a decision area — not a line, but a region where the market decides its next direction.
Turn invisible walls into visible edges.
WHAT IS IT?
This indicator automatically maps round-number price zones across your chart, highlighting the psychological levels where institutional orders tend to cluster. Large players — banks, funds, algorithms — consistently place buy and sell walls at round thousand.
BayesCore Round Levels draws a visible band around each round level, turning invisible support and resistance into clear, actionable zones on your chart.
Price doesn't react to a single tick — it reacts to a zone. This indicator shows you exactly where those zones are.
WHY ROUND LEVELS MATTER
Round numbers are not just visual references — they carry real market significance:
Institutional Order Clustering
Large orders are frequently placed at or near round thousands. These create liquidity walls that act as magnets, pulling price toward them, and as barriers, rejecting price when hit.
Psychological Anchoring
Traders at every level — retail and institutional — anchor decisions to round numbers. "I'll sell at 22,000" or "I'll buy if it drops to 130,000." This collective behavior creates self-fulfilling support and resistance.
Algorithmic Trigger Zones
Many automated systems use round numbers as trigger points for entries, exits, and stop placement. The concentration of algorithmic activity around these levels creates measurable volatility and reaction.
Options & Derivatives Strike Clustering
In futures markets, options strikes cluster at round levels, creating gamma exposure that amplifies price reactions near these zones.
HOW IT WORKS
The indicator scans the visible price range on your chart and automatically draws a yellow semi-transparent band at every round-number level:
- Each band extends a configurable number of points above and below the round level (default: 50 points)
- A dotted center line marks the exact round level
- Zones extend across the entire chart for clear reference
- Levels update dynamically as price moves into new territory
HOW TO USE
Support & Resistance Identification
Round levels are natural support and resistance. When price approaches a yellow zone, expect a reaction — either a bounce (reversal) or a breakout with momentum.
Entry Zones
Look for entries when price pulls back into a round-level zone from above (long) or from below (short). Combine with your favorite confirmation signal (candle patterns, volume, momentum indicators).
Profit Targets
Round levels are excellent profit-taking zones. If you entered long at 131,200, the 132,000 zone is a natural first target. Plan partial exits at each successive round level.
Stop Placement
Place stops just beyond the opposite side of a round-level zone. If you bought at the 131,000 zone, a stop below 130,950 (below the band) gives you a clean invalidation point.
Breakout Confirmation
When price closes decisively through a round-level zone with volume, it often runs to the next round level. The zones give you a visual map of the "highway" between levels.
Confluence with Other Tools
Round levels become extremely powerful when they align with other indicators — pivot points, moving averages, VWAP, or Fibonacci levels. A round level that coincides with a pivot or a key MA is a high-probability reaction zone.
TIPS
- Adjust the interval for your asset. Use 1000 for NQ and WIN. Use 500 or 100 for lower-priced instruments or for finer granularity.
- The band width should match the asset's typical noise. 50 points works well for WIN and NQ. For assets with wider ranges, increase to 100.
- Use round levels as a framework, not a signal. They tell you WHERE to look, not WHEN to trade. Combine with momentum or volume confirmation.
- Watch for "zone stacking" — when a round level coincides with another reference (pivot, MA, VWAP), the reaction probability increases significantly.
- On high-impact news days (FOMC, CPI, NFP), round levels often act as magnets during the initial volatility spike and as bounce zones during the retracement.
VISUAL GUIDE
The yellow zones on your chart represent the "gravitational field" around each round thousand. Price tends to:
- Accelerate toward these zones (magnet effect)
- React upon arrival (bounce or break)
- Find acceptance or rejection within the band
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 ricciardi directly.
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
To get instant access please contact us in Telegram -> https://t.me/m/9faOZEdbMDkx
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.
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 ricciardi directly.
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
To get instant access please contact us in Telegram -> https://t.me/m/9faOZEdbMDkx
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.