PROTECTED SOURCE SCRIPT

AMV HTF Levels

86
The HTF Key Levels & Fibonacci Zones indicator is designed for traders who rely on higher timeframe price action to trading. This tool automatically plots essential price levels, including daily, weekly, and monthly open, high, and low levels, alongside the previous day key levels. These levels act as areas for analysis, providing structure to price action and helping traders navigate the market with clarity.

Key Features

🔹 Higher Timeframe Price Levels – Displays daily, weekly, and monthly open, high, and low levels, giving traders a clear reference for major price zones.

🔹 Levels Previous Day – Automatically calculates and plots levels based on the last completed daily range, helping identify potential reaction areas and helps with analysis of price action compared to the previous day

🔹 Customizable Display – Choose between multiple level presets, enable or disable specific HTF levels, and control the visual representation of price zones.

🔹 Dynamic Zone Filling – Highlights key areas with color-coded fills, making it easy to see whether price is trading above or below critical open levels.

🔹 Live vs. Historical Mode – Adjusts levels in real-time on the latest candle while keeping historical reference points intact for better trade planning.

Why Use This Indicator?
  • Precision Trading – Gain an edge with clearly defined HTF levels.
  • Stronger Confluence – Combine HTF opens with levels for a better understanding of market context
  • Trend Confirmation – Use HTF open levels to determine market bias and refine strategy
  • Adaptability – Whether you trade intraday, swing, or position strategies, this indicator keeps you aligned with the broader market structure on the daily

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.