OPEN-SOURCE SCRIPT
Hybrid Round Numbers [LuxAlgo]
Smart Round Number Indicator (MES & MNQ)
This indicator highlights key psychological price levels and helps traders focus on where price is most likely to react—without cluttering the chart.
🔑 Core Features
Automatic Detection
Detects MES and MNQ automatically
Applies optimized spacing:
MES → 100 / 50 / 25
MNQ → 1000 / 500 / 100
🎯 Two Display Modes
1. Full Mode
Displays all Major, Medium, and Minor levels
Ideal for big-picture analysis and mapping liquidity zones
2. Proximity Mode (Scalping Focus)
Shows only the nearest levels above and below price
Reduces clutter for precision trading
🟦 Reaction Zones
Each level includes a shaded zone (customizable in ticks)
Represents areas where price is likely to:
react
reverse
consolidate
🚨 Two-Tier Alerts
Zone Touch: Price enters the reaction zone
Level Sweep: Price crosses the exact round number
🎨 Full Customization
Adjust:
spacing (auto or manual)
colors
line styles (solid, dashed, dotted)
line thickness
number of levels shown
Customize Major, Medium, and Minor levels independently
🧠 Smart Logic
Prevents overlapping levels
Automatically prioritizes Major levels over Medium
Keeps charts clean and readable
📍 Improved Visibility
Right-aligned labels and extended lines
Clean layout optimized for real-time decision-making
⚡ Best Use Case
Ideal for scalpers and intraday traders
Helps identify:
liquidity sweeps
reaction zones
high-probability entry and exit levels
This indicator highlights key psychological price levels and helps traders focus on where price is most likely to react—without cluttering the chart.
🔑 Core Features
Automatic Detection
Detects MES and MNQ automatically
Applies optimized spacing:
MES → 100 / 50 / 25
MNQ → 1000 / 500 / 100
🎯 Two Display Modes
1. Full Mode
Displays all Major, Medium, and Minor levels
Ideal for big-picture analysis and mapping liquidity zones
2. Proximity Mode (Scalping Focus)
Shows only the nearest levels above and below price
Reduces clutter for precision trading
🟦 Reaction Zones
Each level includes a shaded zone (customizable in ticks)
Represents areas where price is likely to:
react
reverse
consolidate
🚨 Two-Tier Alerts
Zone Touch: Price enters the reaction zone
Level Sweep: Price crosses the exact round number
🎨 Full Customization
Adjust:
spacing (auto or manual)
colors
line styles (solid, dashed, dotted)
line thickness
number of levels shown
Customize Major, Medium, and Minor levels independently
🧠 Smart Logic
Prevents overlapping levels
Automatically prioritizes Major levels over Medium
Keeps charts clean and readable
📍 Improved Visibility
Right-aligned labels and extended lines
Clean layout optimized for real-time decision-making
⚡ Best Use Case
Ideal for scalpers and intraday traders
Helps identify:
liquidity sweeps
reaction zones
high-probability entry and exit levels
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.