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TSL Track from Day LL
Here's a clean description you can use in TradingView's indicator description field:
Day Low × X Level
This indicator plots a dynamic horizontal level based on the current session's Day Low multiplied by a user-defined factor (X).
How it works:
Continuously tracks the lowest price of the current trading session
Multiplies the Day Low by the input multiplier X to compute the target level
Draws a dashed horizontal line extending across the chart at that level
Displays a label showing the formula and exact price
Pins the computed price directly on the right-side price axis for quick reference
Use Cases:
Identify key intraday support/resistance zones relative to the day low
Set profit targets or stop levels as a multiple of the session low
Useful for options traders tracking premium levels relative to day low
Works well on intraday timeframes (1min, 3min, 5min, 15min)
Day Low × X Level
This indicator plots a dynamic horizontal level based on the current session's Day Low multiplied by a user-defined factor (X).
How it works:
Continuously tracks the lowest price of the current trading session
Multiplies the Day Low by the input multiplier X to compute the target level
Draws a dashed horizontal line extending across the chart at that level
Displays a label showing the formula and exact price
Pins the computed price directly on the right-side price axis for quick reference
Use Cases:
Identify key intraday support/resistance zones relative to the day low
Set profit targets or stop levels as a multiple of the session low
Useful for options traders tracking premium levels relative to day low
Works well on intraday timeframes (1min, 3min, 5min, 15min)
Notes de version
Updated
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.