OPEN-SOURCE SCRIPT
CATWA Daily Levels
CATWA Daily Levels
A simple and lightweight indicator for plotting custom daily support, resistance, and decision levels.
Features
🌸 Up to 5 customizable resistance levels.
💎 Up to 5 customizable support levels.
👀 Highlighted decision/wait zone between two user-defined prices.
🎨 Clean chart with customizable inputs.
⚡ No repainting.
⚡ Extremely lightweight.
How to Use
Enter your daily support and resistance prices in the settings.
Update the values each trading day.
Watch price reaction around the levels.
The highlighted zone represents an area where waiting for confirmation may be preferable before entering a trade.
This indicator does not generate buy or sell signals. It is designed as a visual planning tool to help traders organize their daily key price levels.
Disclaimer: This script is for educational purposes only and should not be considered financial advice. Always perform your own analysis and risk management before trading.
A simple and lightweight indicator for plotting custom daily support, resistance, and decision levels.
Features
🌸 Up to 5 customizable resistance levels.
💎 Up to 5 customizable support levels.
👀 Highlighted decision/wait zone between two user-defined prices.
🎨 Clean chart with customizable inputs.
⚡ No repainting.
⚡ Extremely lightweight.
How to Use
Enter your daily support and resistance prices in the settings.
Update the values each trading day.
Watch price reaction around the levels.
The highlighted zone represents an area where waiting for confirmation may be preferable before entering a trade.
This indicator does not generate buy or sell signals. It is designed as a visual planning tool to help traders organize their daily key price levels.
Disclaimer: This script is for educational purposes only and should not be considered financial advice. Always perform your own analysis and risk management before trading.
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.