OPEN-SOURCE SCRIPT
Updated 25 Percent Levels
This script materialises an observation from one of my mentors whereby if you take an all-time high and all-time low and mark off the 25th, 50th and 75th percentile levels you will see some levels of supply and demand being respected.
Release Notes
A little clearer with the weekly chartRelease Notes
Added a few more linesRelease Notes
Marked up pivot levels using 600 EMARelease Notes
Tweaked the default pivot strength
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.
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