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Precision Nasdaq

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Precision NASDAQ Levels — Open-Source Support & Resistance Indicator

This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.

Features:
Customizable Settings: Adjust visual styles, label positions, and toggle level labels to suit your trading strategy.

Multi-Timeframe Support: Plot Monthly, Weekly, Daily, and Daily Range levels for broader market context.

Streamlined String Input: Input structure follows this order:

Code
Red, Red, Pink, Pink, Red, Red, Daily Range, Daily Range, Weekly, Weekly, Monthly, Monthly
Semi-Automatic NQ/QQQ Conversion: Manually input daily NQ spread or QQQ calculation to adjust NASDAQ levels. Note: Levels cannot be dragged when NQ/QQQ conversion is active. Uncheck conversion boxes to enable dragging.

How It Works
Apply the indicator to your chart.

Enter values for each support and resistance level.

Drag and adjust levels directly on the chart.

Use plotted zones to identify potential reversals, breakouts, or stop-loss placements.

Combine with other tools (e.g., trendlines or oscillators) for confirmation.
Notas de prensa
Updated Chart Preview
Notas de prensa
The indicator now includes a full alert system that fires the moment price crosses any manually‑entered levels. Alerts always follow the chart’s active timeframe when applying the alert.

Alert Types
Any alert() function call — one global alert that triggers when any level is crossed, with built‑in duplicate‑candle suppression.

Individual Level Alerts — choose a specific level (e.g., R1_Hi, DR_Lo, W_Hi) for targeted notifications.

Daily Behavior
Because levels update daily:

Update your level strings each morning.

Create a new alert each day (TradingView requirement).

🏷️ Level Naming
All levels use a standardized naming format for clean alerts and consistent structure.

Daily Levels (6)
Red: R2_Hi, R1_Hi, R1_Lo, R2_Lo

Pink: P_Hi, P_Lo

Daily Range
DR_Hi

DR_Lo

Weekly
W_Hi

W_Lo

Monthly
M_Hi

M_Lo

📚 Level Categories
Daily: Intraday reaction zones

Daily Range: Overnight/session boundaries

Weekly: Higher‑timeframe structure

Monthly: Major macro levels

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.