OPEN-SOURCE SCRIPT
JV Institutional Levels PRO v1
JV Institutional Levels PRO v1
JV Institutional Levels PRO is designed to automatically identify and display key institutional support and resistance levels using Higher Timeframe (HTF) pivot points. These levels are projected onto lower timeframes, allowing traders to easily monitor important price zones without switching charts.
The indicator helps simplify market structure analysis by highlighting areas where price is more likely to react, making it an excellent tool for scalping, day trading, swing trading, and institutional-style trading.
Features
• Automatically detects support and resistance from a higher timeframe (1H by default)
• Displays HTF institutional levels on all chart timeframes
• Adjustable pivot strength for more or fewer levels
• Configurable maximum number of displayed levels
• Independently show or hide support and resistance levels
• Customizable colors and line width
• Works on Stocks, ETFs, Futures, Forex, Crypto, and Indices
Inputs
Source Timeframe
Pivot Strength
Maximum Levels
Show Supports
Show Resistances
Support Color
Resistance Color
Line Width
Best Used For
Institutional Trading
Smart Money Concepts (SMC)
Market Structure Analysis
Support & Resistance Trading
Scalping
Day Trading
Swing Trading
Options Trading
This indicator provides a clean and efficient way to visualize important higher timeframe levels, helping traders improve trade timing, risk management, and overall market awareness.
Developed by JV Trading.
JV Institutional Levels PRO is designed to automatically identify and display key institutional support and resistance levels using Higher Timeframe (HTF) pivot points. These levels are projected onto lower timeframes, allowing traders to easily monitor important price zones without switching charts.
The indicator helps simplify market structure analysis by highlighting areas where price is more likely to react, making it an excellent tool for scalping, day trading, swing trading, and institutional-style trading.
Features
• Automatically detects support and resistance from a higher timeframe (1H by default)
• Displays HTF institutional levels on all chart timeframes
• Adjustable pivot strength for more or fewer levels
• Configurable maximum number of displayed levels
• Independently show or hide support and resistance levels
• Customizable colors and line width
• Works on Stocks, ETFs, Futures, Forex, Crypto, and Indices
Inputs
Source Timeframe
Pivot Strength
Maximum Levels
Show Supports
Show Resistances
Support Color
Resistance Color
Line Width
Best Used For
Institutional Trading
Smart Money Concepts (SMC)
Market Structure Analysis
Support & Resistance Trading
Scalping
Day Trading
Swing Trading
Options Trading
This indicator provides a clean and efficient way to visualize important higher timeframe levels, helping traders improve trade timing, risk management, and overall market awareness.
Developed by JV Trading.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.