OPEN-SOURCE SCRIPT
VIP Price Points JPY
This indicator plots a fixed grid of "VIP" price levels based on Quarter Theory structure, mapping the round-number prices where markets tend to pause, react, break, or reverse.
It draws four nested layers — Dime (major VIPs at every 1000 pips), Nickel (500 pips), Big Quarter (250 pips), and Penny (100 pips) — each with a distinct color and weight so you can instantly read where price sits within the larger structure. An adjustable hesitation zone shades a configurable band (default ±25 pips) around every level, marking the areas where price commonly stalls before continuing or turning.
A live info panel reports the nearest major VIP above and below, the distance in pips to the closest one, and whether price is currently inside a hesitation zone or traveling mid-leg, and built-in alerts fire when price crosses a major VIP or enters a hesitation zone.
Two versions are included, one tuned for non-JPY pairs (pip = 0.0001) and one for JPY pairs (pip = 0.01), with adjustable level counts, colors, and zone width so you can configure it for swing trading on the higher timeframes or day trading on the 15m–1H.
This is a structure and analysis tool intended to help you locate price within a fixed level framework — it does not generate buy or sell signals, and it is shared for educational purposes only. Always do your own analysis and manage your own risk.
It draws four nested layers — Dime (major VIPs at every 1000 pips), Nickel (500 pips), Big Quarter (250 pips), and Penny (100 pips) — each with a distinct color and weight so you can instantly read where price sits within the larger structure. An adjustable hesitation zone shades a configurable band (default ±25 pips) around every level, marking the areas where price commonly stalls before continuing or turning.
A live info panel reports the nearest major VIP above and below, the distance in pips to the closest one, and whether price is currently inside a hesitation zone or traveling mid-leg, and built-in alerts fire when price crosses a major VIP or enters a hesitation zone.
Two versions are included, one tuned for non-JPY pairs (pip = 0.0001) and one for JPY pairs (pip = 0.01), with adjustable level counts, colors, and zone width so you can configure it for swing trading on the higher timeframes or day trading on the 15m–1H.
This is a structure and analysis tool intended to help you locate price within a fixed level framework — it does not generate buy or sell signals, and it is shared for educational purposes only. Always do your own analysis and manage your own risk.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
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.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
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.