PROTECTED SOURCE SCRIPT
Updated BEC Levels and Confirmations Lite v6
BEC Levels and Confirmations Lite v6 is a powerful price action–based tool designed to help traders identify extreme levels, breakout zones, and trend continuation confirmations with high clarity.
Key Features
Extreme Level Creation – Automatically plots critical market levels where price shows strong reaction potential.
Dynamic Line Visibility – Choose how long levels remain visible to keep your chart clean and focused.
Confirmation Blocks – Confirms continuation of a trend:
Sell Side: A red level signals bearish interest. If a candle closes above, the area is invalidated. Once a confirmation block forms and price closes below it, the sell setup is validated, with the next green retest zone acting as a take-profit target.
Buy Side: Works the same in reverse. A green level signals bullish interest. If a candle closes below, the area is invalidated. Once a confirmation block forms and price closes above it, the buy setup is confirmed, with the next red retest zone considered as take-profit target.
Levels Mode Selection – Flexible options to adjust how levels are generated based on your trading style.
Smart Retest Zones – Automatically highlights areas where retests are most likely to occur for profit booking or position scaling.
How It Helps
This indicator is designed to support both intraday and swing traders by providing actionable trade confirmations and clean visual levels. It reduces noise, highlights only meaningful zones, and helps you stick to rule-based entries and exits.
BEC Levels and Confirmations Pro v6 is not just another support/resistance tool—it’s a confirmation-driven system that adapts to market structure and helps you trade with confidence.
Key Features
Extreme Level Creation – Automatically plots critical market levels where price shows strong reaction potential.
Dynamic Line Visibility – Choose how long levels remain visible to keep your chart clean and focused.
Confirmation Blocks – Confirms continuation of a trend:
Sell Side: A red level signals bearish interest. If a candle closes above, the area is invalidated. Once a confirmation block forms and price closes below it, the sell setup is validated, with the next green retest zone acting as a take-profit target.
Buy Side: Works the same in reverse. A green level signals bullish interest. If a candle closes below, the area is invalidated. Once a confirmation block forms and price closes above it, the buy setup is confirmed, with the next red retest zone considered as take-profit target.
Levels Mode Selection – Flexible options to adjust how levels are generated based on your trading style.
Smart Retest Zones – Automatically highlights areas where retests are most likely to occur for profit booking or position scaling.
How It Helps
This indicator is designed to support both intraday and swing traders by providing actionable trade confirmations and clean visual levels. It reduces noise, highlights only meaningful zones, and helps you stick to rule-based entries and exits.
BEC Levels and Confirmations Pro v6 is not just another support/resistance tool—it’s a confirmation-driven system that adapts to market structure and helps you trade with confidence.
Release Notes
minor update Release Notes
Lable indication added Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.