TraderLion Price Labels
TraderLion's Price Labels Indicator identifies price pivot points for both high and low price pivots using in house TL logic. The predominant features of the indicator are highlighted below:
1. Percent change from the most recent pivot shown in parenthesis below the price label.
2. Green label if the percent change from the most recent pivot is greater than +5%.
3. Red label if the percent change from the most recent pivot is less than -5%.
4. Ability to set color scheme for light or dark these charts.
5. Ability to set label color to match the background of your chart.
Suggestions for additions or tweaks? Comment below!
1. Percent change from the most recent pivot shown in parenthesis below the price label.
2. Green label if the percent change from the most recent pivot is greater than +5%.
3. Red label if the percent change from the most recent pivot is less than -5%.
4. Ability to set color scheme for light or dark these charts.
5. Ability to set label color to match the background of your chart.
Suggestions for additions or tweaks? Comment below!
Release Notes:
Updates:
1. Set default argument to pin the indicator to the same scale as price.
1. Set default argument to pin the indicator to the same scale as price.
Release Notes:
Added in the "Type of Trader" option with options "Day, Swing, Position", which enables the user to control the frequency of price labels on the chart.
Building Traders.