OPEN-SOURCE SCRIPT
Camarilla Levels Intraday @darshakssc
Camarilla Pivot Levels are one of the most reliable intraday support and resistance frameworks used by professional traders worldwide. Unlike traditional pivots, Camarilla levels are derived from the previous day's range and close, giving highly precise price zones for reversals, breakouts, and targets — all calculated before the market opens.
𝗛𝗼𝘄 𝗶𝘁 𝘄𝗼𝗿𝗸𝘀:
This indicator uses the confirmed previous day's High, Low, and Close to calculate eight Camarilla levels (H3 to H6 and L3 to L6) plus Previous Day High, Low, and Close reference lines. Levels are fixed for the entire trading session and update only at the start of each new day.
𝗞𝗲𝘆 𝗟𝗲𝘃𝗲𝗹𝘀 𝗘𝘅𝗽𝗹𝗮𝗶𝗻𝗲𝗱:
- H3 — Sell Reversal zone. Price often rejects here in a downtrend
- H4 — Breakout level. A close above H4 signals strong bullish momentum
- H5 / H6 — Breakout targets 1 and 2 for extended upside moves
- L3 — Buy Reversal zone. Price often bounces here in an uptrend
- L4 — Breakdown level. A close below L4 signals strong bearish momentum
- L5 / L6 — Breakdown targets 1 and 2 for extended downside moves
- PDH / PDL / PDC — Previous Day High, Low, and Close for context
𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀:
- Non-repainting — all levels based on confirmed previous day data
- Same values on all timeframes (5m, 15m, 1H, Daily — identical levels)
- Timeframe-aware line length — adapts automatically to your chart timeframe
- Clean dashboard showing all levels and current LTP at a glance
- Fully customisable colors for buy, sell, and target zones
- Toggle each level group independently (Reversal, Breakout, Targets, PDH/PDL/PDC)
- 4 built-in alert conditions for Breakout, Breakdown, and Reversal zones
- Coded in Pine Script v6
𝗛𝗼𝘄 𝘁𝗼 𝘁𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 𝗶𝘁:
Reversal trades: Look for rejection candles at H3 (short) or L3 (long) with confirmation
Breakout trades: Wait for a candle close above H4 (long) or below L4 (short), then target H5/H6 or L5/L6
Reference: Use PDH and PDL as additional confluence zones
𝗧𝗶𝗺𝗲𝗳𝗿𝗮𝗺𝗲𝘀: Best on 5m / 15m / 1H for intraday. Works on all timeframes.
𝗜𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀: Indices, Stocks, Futures, Forex, Crypto
⚠ This indicator is for educational and analytical purposes only.
It does not constitute financial advice. Always apply your own risk management.
by darshakssc
𝗛𝗼𝘄 𝗶𝘁 𝘄𝗼𝗿𝗸𝘀:
This indicator uses the confirmed previous day's High, Low, and Close to calculate eight Camarilla levels (H3 to H6 and L3 to L6) plus Previous Day High, Low, and Close reference lines. Levels are fixed for the entire trading session and update only at the start of each new day.
𝗞𝗲𝘆 𝗟𝗲𝘃𝗲𝗹𝘀 𝗘𝘅𝗽𝗹𝗮𝗶𝗻𝗲𝗱:
- H3 — Sell Reversal zone. Price often rejects here in a downtrend
- H4 — Breakout level. A close above H4 signals strong bullish momentum
- H5 / H6 — Breakout targets 1 and 2 for extended upside moves
- L3 — Buy Reversal zone. Price often bounces here in an uptrend
- L4 — Breakdown level. A close below L4 signals strong bearish momentum
- L5 / L6 — Breakdown targets 1 and 2 for extended downside moves
- PDH / PDL / PDC — Previous Day High, Low, and Close for context
𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀:
- Non-repainting — all levels based on confirmed previous day data
- Same values on all timeframes (5m, 15m, 1H, Daily — identical levels)
- Timeframe-aware line length — adapts automatically to your chart timeframe
- Clean dashboard showing all levels and current LTP at a glance
- Fully customisable colors for buy, sell, and target zones
- Toggle each level group independently (Reversal, Breakout, Targets, PDH/PDL/PDC)
- 4 built-in alert conditions for Breakout, Breakdown, and Reversal zones
- Coded in Pine Script v6
𝗛𝗼𝘄 𝘁𝗼 𝘁𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 𝗶𝘁:
Reversal trades: Look for rejection candles at H3 (short) or L3 (long) with confirmation
Breakout trades: Wait for a candle close above H4 (long) or below L4 (short), then target H5/H6 or L5/L6
Reference: Use PDH and PDL as additional confluence zones
𝗧𝗶𝗺𝗲𝗳𝗿𝗮𝗺𝗲𝘀: Best on 5m / 15m / 1H for intraday. Works on all timeframes.
𝗜𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀: Indices, Stocks, Futures, Forex, Crypto
⚠ This indicator is for educational and analytical purposes only.
It does not constitute financial advice. Always apply your own risk management.
by darshakssc
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.