OPEN-SOURCE SCRIPT
Dollar Ladder Ruler
An automatic horizontal price ladder overlay that draws clean, evenly spaced dollar levels around the current price to highlight psychological support/resistance zones and common reaction areas.
Built specifically for intraday traders, scalpers, and options traders (SPY / QQQ / large caps) who rely on whole/half dollar magnets and key dollar increments.
No manual drawing required — levels update automatically as price moves.
Level hierarchy
• $0.50 → thin white dashed
• $1.00 → thin white solid
• $2.50 → yellow dashed
• $5.00 → thick yellow
• $10.00 → thicker yellow
• $50.00 → thickest possible (major macro level)
Higher increments visually stand out more so you instantly see:
major reaction zones
bounce/rejection areas
breakout magnets
key scalping targets
Why this helps
• Highlights psychological whole/half dollar behavior
• Cleaner than manually drawing lines
• Great for 1m–5m charts
• Perfect for 0DTE / day trading
• Automatically centers around current price
• Lightweight and fast
Settings
Range Above/Below Price ($)
Controls how many levels are displayed around price.
Built specifically for intraday traders, scalpers, and options traders (SPY / QQQ / large caps) who rely on whole/half dollar magnets and key dollar increments.
No manual drawing required — levels update automatically as price moves.
Level hierarchy
• $0.50 → thin white dashed
• $1.00 → thin white solid
• $2.50 → yellow dashed
• $5.00 → thick yellow
• $10.00 → thicker yellow
• $50.00 → thickest possible (major macro level)
Higher increments visually stand out more so you instantly see:
major reaction zones
bounce/rejection areas
breakout magnets
key scalping targets
Why this helps
• Highlights psychological whole/half dollar behavior
• Cleaner than manually drawing lines
• Great for 1m–5m charts
• Perfect for 0DTE / day trading
• Automatically centers around current price
• Lightweight and fast
Settings
Range Above/Below Price ($)
Controls how many levels are displayed around price.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.