OPEN-SOURCE SCRIPT
Percentage-Level(+%/-%)[LionTrader_]
Percentage-Level (+%/-%) by LionTrader_
is a highly efficient and clean technical indicator designed to automatically plot dynamic price levels based on custom percentage offsets. It provides traders with a direct visual representation of percentage-based expansions, making it easier than ever to see exactly when price action reaches or breaks through key structural thresholds.
A major advantage of this tool is its multi-tiered structure, allowing you to track up to three independent levels simultaneously. This flexibility is perfect for identifying multiple price targets, managing scaling strategies, or monitoring different layers of support and resistance.
The indicator features separate long and short controls, giving you the freedom to customize the exact percentage distance, the base price source, and the validation criteria for both the upside and the downside independently.
To keep your charts clean and readable, it utilizes smart visual feedback. The plotted levels remain thin and semi-transparent in the background during normal price action, but they instantly turn thick and brightly colored once your chosen invalidation source, such as the candle high or low, breaches the level.
Additionally, the script ensures excellent chart organization by using clean step-lines and optional cross markers that highlight the exact execution points where a level was triggered. This makes it an incredibly reliable, no-nonsense tool for anyone who bases their trading decisions on fixed percentage movements or requires clear, automated invalidation levels on their charts.
I hope you like it
your LionTrader_🦁
is a highly efficient and clean technical indicator designed to automatically plot dynamic price levels based on custom percentage offsets. It provides traders with a direct visual representation of percentage-based expansions, making it easier than ever to see exactly when price action reaches or breaks through key structural thresholds.
A major advantage of this tool is its multi-tiered structure, allowing you to track up to three independent levels simultaneously. This flexibility is perfect for identifying multiple price targets, managing scaling strategies, or monitoring different layers of support and resistance.
The indicator features separate long and short controls, giving you the freedom to customize the exact percentage distance, the base price source, and the validation criteria for both the upside and the downside independently.
To keep your charts clean and readable, it utilizes smart visual feedback. The plotted levels remain thin and semi-transparent in the background during normal price action, but they instantly turn thick and brightly colored once your chosen invalidation source, such as the candle high or low, breaches the level.
Additionally, the script ensures excellent chart organization by using clean step-lines and optional cross markers that highlight the exact execution points where a level was triggered. This makes it an incredibly reliable, no-nonsense tool for anyone who bases their trading decisions on fixed percentage movements or requires clear, automated invalidation levels on their charts.
I hope you like it
your LionTrader_🦁
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
LionTrader
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
LionTrader
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。