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DayFrame

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Day Frame Levels Indicator

This indicator provides a simple yet powerful way to define your daily trading structure using three key price levels.

The core concept is based on a central reference price (Day Frame), from which the upper and lower levels are automatically calculated at a fixed distance of 500 points. These levels help traders identify potential zones of support, resistance, and market reaction.

Key Features:
Central level (Day Frame) can be manually adjusted
Automatic calculation of:
Day Frame UP (above the central price)
Day Frame DOWN (below the central price)
Fixed distance (500 points) ensures consistency in analysis
Clean horizontal lines across all timeframes
Right-side information panel (fixed position) for easy reference
Works on any timeframe without recalculation issues
How to Use:
Set your desired Middle Price (Day Frame)
The indicator will automatically generate:
Upper level = Middle Price + 500 points
Lower level = Middle Price - 500 points
Use these levels as:
Support / Resistance zones
Intraday structure reference
Entry / Exit planning areas

This tool is ideal for traders who prefer structured, rule-based price zones instead of dynamic indicators.

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