OPEN-SOURCE SCRIPT
Round Number Nearest Level
Round Number Nearest Level is a simple visual reminder of the round-number price level nearest to the current market price.
During fast-moving trading sessions, it is easy to focus on entries, exits, volume, and momentum while overlooking an approaching round number. This can be especially challenging for newer traders. Round-number prices often attract attention and may act as potential support, resistance, targets, or areas of increased activity.
The indicator keeps the chart uncluttered by displaying only the nearest level. As the price moves, the plotted line automatically steps to the next closest round number.
HOW IT WORKS
Automatic mode selects the interval based on the current price:
• Below $5: nearest $0.50 level
• $5 and above: nearest $1.00 level
Custom mode allows you to define your own multiplier. For example, a multiplier of 5 plots the nearest $5 level, while a multiplier of 0.25 plots the nearest quarter-dollar level.
The level is displayed as an orange stepped line directly on the price chart.
This indicator is intended as a situational-awareness aid. Round-number levels are reference points, not guaranteed support or resistance, and should be considered alongside price action, volume, risk management, and your broader trading plan.
During fast-moving trading sessions, it is easy to focus on entries, exits, volume, and momentum while overlooking an approaching round number. This can be especially challenging for newer traders. Round-number prices often attract attention and may act as potential support, resistance, targets, or areas of increased activity.
The indicator keeps the chart uncluttered by displaying only the nearest level. As the price moves, the plotted line automatically steps to the next closest round number.
HOW IT WORKS
Automatic mode selects the interval based on the current price:
• Below $5: nearest $0.50 level
• $5 and above: nearest $1.00 level
Custom mode allows you to define your own multiplier. For example, a multiplier of 5 plots the nearest $5 level, while a multiplier of 0.25 plots the nearest quarter-dollar level.
The level is displayed as an orange stepped line directly on the price chart.
This indicator is intended as a situational-awareness aid. Round-number levels are reference points, not guaranteed support or resistance, and should be considered alongside price action, volume, risk management, and your broader trading plan.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.