OPEN-SOURCE SCRIPT
Percentage-Level(+%/-%)[LionTrader_]
Percentage-Level (+%/-%) by LionTrader_
is a highly efficient and clean technical indicator designed to automatically plot dynamic price levels based on custom percentage offsets. It provides traders with a direct visual representation of percentage-based expansions, making it easier than ever to see exactly when price action reaches or breaks through key structural thresholds.
A major advantage of this tool is its multi-tiered structure, allowing you to track up to three independent levels simultaneously. This flexibility is perfect for identifying multiple price targets, managing scaling strategies, or monitoring different layers of support and resistance.
The indicator features separate long and short controls, giving you the freedom to customize the exact percentage distance, the base price source, and the validation criteria for both the upside and the downside independently.
To keep your charts clean and readable, it utilizes smart visual feedback. The plotted levels remain thin and semi-transparent in the background during normal price action, but they instantly turn thick and brightly colored once your chosen invalidation source, such as the candle high or low, breaches the level.
Additionally, the script ensures excellent chart organization by using clean step-lines and optional cross markers that highlight the exact execution points where a level was triggered. This makes it an incredibly reliable, no-nonsense tool for anyone who bases their trading decisions on fixed percentage movements or requires clear, automated invalidation levels on their charts.
I hope you like it
your LionTrader_🦁
is a highly efficient and clean technical indicator designed to automatically plot dynamic price levels based on custom percentage offsets. It provides traders with a direct visual representation of percentage-based expansions, making it easier than ever to see exactly when price action reaches or breaks through key structural thresholds.
A major advantage of this tool is its multi-tiered structure, allowing you to track up to three independent levels simultaneously. This flexibility is perfect for identifying multiple price targets, managing scaling strategies, or monitoring different layers of support and resistance.
The indicator features separate long and short controls, giving you the freedom to customize the exact percentage distance, the base price source, and the validation criteria for both the upside and the downside independently.
To keep your charts clean and readable, it utilizes smart visual feedback. The plotted levels remain thin and semi-transparent in the background during normal price action, but they instantly turn thick and brightly colored once your chosen invalidation source, such as the candle high or low, breaches the level.
Additionally, the script ensures excellent chart organization by using clean step-lines and optional cross markers that highlight the exact execution points where a level was triggered. This makes it an incredibly reliable, no-nonsense tool for anyone who bases their trading decisions on fixed percentage movements or requires clear, automated invalidation levels on their charts.
I hope you like it
your LionTrader_🦁
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
LionTrader
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
LionTrader
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.