OPEN-SOURCE SCRIPT
Dollar Ladder Ruler
utomatically draws clean horizontal dollar-based price levels around the current price to highlight key psychological support and resistance zones.
Designed for intraday traders, scalpers, and options traders (SPY / QQQ / high-liquidity stocks) who trade around whole and half-dollar magnets.
Levels update dynamically as price moves — no manual drawing needed.
Level hierarchy
• $0.50 → thin white dashed
• $1.00 → thin white solid
• $2.50 → yellow dashed
• $5.00 → thick yellow
• $10.00 → thicker yellow
• $50.00 → thickest possible (major macro level)
Higher increments stand out visually so you can instantly spot:
reaction zones
bounce/rejection areas
breakout levels
scalp targets
Best for
• 1m–5m charts
• SPY / QQQ / large caps
• 0DTE & day trading
• price action + structure trading
Settings
Range Above/Below ($)
Controls how many levels are displayed around current price.
Tip:
10–15 → tight scalping view
20–30 → broader intraday view
Designed for intraday traders, scalpers, and options traders (SPY / QQQ / high-liquidity stocks) who trade around whole and half-dollar magnets.
Levels update dynamically as price moves — no manual drawing needed.
Level hierarchy
• $0.50 → thin white dashed
• $1.00 → thin white solid
• $2.50 → yellow dashed
• $5.00 → thick yellow
• $10.00 → thicker yellow
• $50.00 → thickest possible (major macro level)
Higher increments stand out visually so you can instantly spot:
reaction zones
bounce/rejection areas
breakout levels
scalp targets
Best for
• 1m–5m charts
• SPY / QQQ / large caps
• 0DTE & day trading
• price action + structure trading
Settings
Range Above/Below ($)
Controls how many levels are displayed around current price.
Tip:
10–15 → tight scalping view
20–30 → broader intraday view
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.