OPEN-SOURCE SCRIPT
Updated Percent Levels From Previous Close
This indicator plots on the chart +/- 1% / 2% / 3% ranges based on the previous day's close levels.
Disclaimer :
Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on.
This script is for informational and educational purposes only. Use of the script does not constitute professional and / or financial advice. You are solely responsible for evaluating the outcome of the script and the risks associated with using the script. In exchange for the use of the script, you agree not to hold monpotejulien TradingView user responsible for any possible claims for damages arising out of any decisions you make based on the use of the script.
Disclaimer :
Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on.
This script is for informational and educational purposes only. Use of the script does not constitute professional and / or financial advice. You are solely responsible for evaluating the outcome of the script and the risks associated with using the script. In exchange for the use of the script, you agree not to hold monpotejulien TradingView user responsible for any possible claims for damages arising out of any decisions you make based on the use of the script.
Release Notes
- Style of the line - available styles are solid, dotted, and dashedRelease Notes
- Color of the % line - new available colorsRelease Notes
Script structure has been reorganized.Release Notes
Script structure has been reorganized.Release Notes
Some bug fixes!Release Notes
Some bug fixes!Release Notes
New VersionRelease Notes
shorttitle changeRelease Notes
update-Line Styling Option
Release Notes
Option added to calculate the levels from the open.Release Notes
The text has been modified, changing the parameter interface and adding opacity. Additionally, an option has been included to set any percentage between lines, not just 1%.
Furthermore, all the if() conditions in the code have been replaced with switch() statements.
Release Notes
New features added: Percentage values now shown on labels. Line width customizable for both previous day and percentage lines.Release Notes
Minor update: option added for levels 4, 5 and 6.
The trend is your friend, until it's not...
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 publications is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
The trend is your friend, until it's not...
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.