Key Levels by Rife — Indicator by crypto_rife

supportandresistance keylevels dailyopen initialbalance weeklyopen monthlyopen dayrange mondays

My take on Key Levels script that plots:

- Daily Open
- Weekly Open
- Monthly Open
- Day of Week Range (i.e. Monday Range)
- Initial Balance

Open levels are not visible on higher time frames, such as Daily Open is not visible on Weekly Open nor Monthly Open.
Initial Balance is not visible on the following timeframes: 2H, 4H, 6H, 8H, 1D, 1W and 1M. All other time frames will show it.

Release Notes:

Add Sessions (NY, London, Sydney and Tokyo) optionally displayed as background color or indicated by triangles at bottom of chart.

Release Notes:

Hide Sessions on time frames above 1H

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.

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