OPEN-SOURCE SCRIPT
Updated Gold Algo Levels
Levels are divided into two tiers:
Primary (00, 25, 50) — the most significant zones where institutional order flow is heaviest. These are the levels most likely to produce strong reactions, reversals, or breakout continuations.
Secondary (10, 90) — supporting levels that act as minor friction points, often used as interim targets or areas of brief consolidation.
Features:
• Auto-plots all algo levels across the visible price range
• Updates dynamically as price moves
• Color-coded by significance — primaries and secondaries clearly distinguished
• Clean, minimal design that works on any chart theme
• Fully customizable colours, line styles, and label display
Best used on XAUUSD. Works on all timeframes.
Primary (00, 25, 50) — the most significant zones where institutional order flow is heaviest. These are the levels most likely to produce strong reactions, reversals, or breakout continuations.
Secondary (10, 90) — supporting levels that act as minor friction points, often used as interim targets or areas of brief consolidation.
Features:
• Auto-plots all algo levels across the visible price range
• Updates dynamically as price moves
• Color-coded by significance — primaries and secondaries clearly distinguished
• Clean, minimal design that works on any chart theme
• Fully customizable colours, line styles, and label display
Best used on XAUUSD. Works on all timeframes.
Release Notes
Added the 75 level as a primary algo level. The indicator now plots six levels per 100-point range — primaries at 00, 25, 50, and 75, and secondaries at 10 and 90. No other changes to the script.Release Notes
Updated the indicator to support TradingView alerts when price crosses any Algo Level: 00, 10, 25, 50, 75, or 90. Alerts can be enabled or filtered by primary and secondary levels, and the dynamic alert message shows the ticker, direction, crossed level, and timeframe.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.