OPEN-SOURCE SCRIPT
Round Number Nearest Level
Round Number Nearest Level is a simple visual reminder of the round-number price level nearest to the current market price.
During fast-moving trading sessions, it is easy to focus on entries, exits, volume, and momentum while overlooking an approaching round number. This can be especially challenging for newer traders. Round-number prices often attract attention and may act as potential support, resistance, targets, or areas of increased activity.
The indicator keeps the chart uncluttered by displaying only the nearest level. As the price moves, the plotted line automatically steps to the next closest round number.
HOW IT WORKS
Automatic mode selects the interval based on the current price:
• Below $5: nearest $0.50 level
• $5 and above: nearest $1.00 level
Custom mode allows you to define your own multiplier. For example, a multiplier of 5 plots the nearest $5 level, while a multiplier of 0.25 plots the nearest quarter-dollar level.
The level is displayed as an orange stepped line directly on the price chart.
This indicator is intended as a situational-awareness aid. Round-number levels are reference points, not guaranteed support or resistance, and should be considered alongside price action, volume, risk management, and your broader trading plan.
During fast-moving trading sessions, it is easy to focus on entries, exits, volume, and momentum while overlooking an approaching round number. This can be especially challenging for newer traders. Round-number prices often attract attention and may act as potential support, resistance, targets, or areas of increased activity.
The indicator keeps the chart uncluttered by displaying only the nearest level. As the price moves, the plotted line automatically steps to the next closest round number.
HOW IT WORKS
Automatic mode selects the interval based on the current price:
• Below $5: nearest $0.50 level
• $5 and above: nearest $1.00 level
Custom mode allows you to define your own multiplier. For example, a multiplier of 5 plots the nearest $5 level, while a multiplier of 0.25 plots the nearest quarter-dollar level.
The level is displayed as an orange stepped line directly on the price chart.
This indicator is intended as a situational-awareness aid. Round-number levels are reference points, not guaranteed support or resistance, and should be considered alongside price action, volume, risk management, and your broader trading plan.
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.