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Обновлено Daily Key Reversal Levels (ThreeKay)
# Higher-Timeframe Major Reversal Levels
## Release 1.0
Higher-Timeframe Major Reversal Levels is a TradingView indicator designed to identify prices where the market showed aggressive rejection on an important timeframe. Instead of plotting every pivot, high, or low, it looks for a pronounced wick, a close away from the wick's extreme, and meaningful follow-through in the opposite direction.
The result is a cleaner map of historically important supply, demand, and support/resistance flip levels.
## What the indicator detects
The indicator uses Daily candles by default. Optional 1-hour, 4-hour, weekly, and monthly sources can be enabled in Settings.
A price becomes a candidate level only when a higher-timeframe candle meets all of these conditions:
1. The rejection wick is large compared with the candle body.
2. The wick occupies a meaningful percentage of the candle's total range.
3. The candle closes away from the rejected extreme.
4. Price follows through in the opposite direction by the required ATR distance.
The tip of an upper rejection wick contributes to a supply zone, while the tip of a lower rejection wick contributes to a demand zone. Touches do not need to occur at the exact same tick: nearby wick rejections inside the ATR-sized price range are grouped, and the displayed line uses their average rejected price.
## Main advantages
- **Filters ordinary swing points:** A pivot alone is not enough. The market must demonstrate forceful rejection and follow-through.
- **Uses higher-timeframe structure:** Important 1H through monthly reactions can be viewed while trading on lower chart timeframes.
- **Adapts to volatility:** ATR-based thresholds scale automatically between different markets and price ranges.
- **Tracks repeated respect:** Each separate reaction strengthens the level and increases its line thickness.
- **Identifies role flips:** A level respected from both sides is colored purple, showing that former support became resistance or vice versa.
- **Shows confluence:** Labels identify the source timeframes, such as `[4H D W]`.
- **Reduces chart clutter:** Nearby reactions are consolidated using an ATR-based merge tolerance.
- **Supports alerts:** TradingView can notify you when price approaches a qualified level.
## Reading the chart
- **Green — Demand:** Price aggressively rejected lower prices and reversed upward.
- **Red — Supply:** Price aggressively rejected higher prices and reversed downward.
- **Purple — Flip:** The same area has acted as both support and resistance.
- **`x2`, `x3`, etc.:** Number of separate qualifying reactions recorded near the level.
- **`[1H 4H D]`:** Higher timeframes that confirmed the area.
- **`best 2.40 ATR`:** Largest confirmed move away from the level.
Thicker lines represent levels with more qualifying reactions.
## Recommended setup
1. Open TradingView's Pine Editor.
2. Paste the contents of `Major_Reversal_Levels.pine` into a new indicator.
3. Save the script and select **Add to chart**.
4. Open the indicator's Settings menu.
5. Daily is enabled by default. Enable another source only if you also want its levels displayed universally.
6. Start with the default qualification settings, then adjust strictness for the market being traded.
## Suggested presets
### Balanced — recommended starting point
- Minimum confirming timeframes: `1`
- HTF bars allowed for reversal: `3`
- Minimum reversal move: `1.0 ATR`
- Separate reactions required: `1`
- Level merge tolerance: `0.60 ATR`
- Minimum wick/body ratio: `1.5`
This displays important single-event wick rejections while making repeatedly respected levels visually stronger.
### Strict confluence
- Minimum confirming timeframes: `2`
- Minimum reversal move: `1.5–2.0 ATR`
- Separate reactions required: `2`
- Minimum wick/body ratio: `2.0`
- Wick portion of candle: `0.40–0.50`
Use this when you want fewer levels with stronger historical evidence.
### More sensitive
- Minimum confirming timeframes: `1`
- Minimum reversal move: `0.75 ATR`
- Separate reactions required: `1`
- Minimum wick/body ratio: `1.0`
- Wick portion of candle: `0.30`
This can be useful for markets with smaller candles, but it will produce more levels.
## Settings explained
### Universal timeframe-level visibility
Each toggle controls whether levels detected from that source timeframe are displayed on the chart. For example, enabling Daily and Weekly allows those levels to remain visible while analyzing intraday charts.
**Minimum confirming timeframes** controls timeframe confluence. A value of `1` accepts a level from any enabled source. A value of `2` requires the same price area to be recognized by at least two enabled timeframes.
### Major-level qualification
**HTF bars allowed for reversal** is the number of completed source-timeframe candles used to confirm follow-through after the rejection wick. Increasing it allows slower reversals to qualify but increases confirmation delay.
**Minimum reversal move (ATR)** controls how far price must travel away from the wick before the level is accepted.
**Separate reactions required** determines how many distinct wick-rejection events must occur near the price. Use `1` for major single-event swings or `2–3` for repeatedly defended levels only.
**Level merge tolerance (ATR)** determines how close two rejected prices must be to count as the same area.
**Minimum wick/body ratio** measures the wick relative to the real candle body.
**Wick portion of candle** requires the wick to occupy a minimum percentage of the complete high-to-low range.
**Close away from wick extreme** ensures the candle did not finish near the rejected price.
**Minimum rejection-candle range (ATR)** filters out small candles whose wick may look large only because the body is unusually tiny.
## Alert setup
1. Select **Create Alert** in TradingView.
2. Choose this indicator under Condition.
3. Select **Approaching respected HTF reversal level**.
4. Choose the desired alert frequency and delivery method.
The alert distance is volatility-adjusted using the chart timeframe's ATR. Increase **Alert distance** for earlier warnings or decrease it for tighter notifications.
## Confirmation and repainting behavior
Levels are not accepted immediately when the wick forms. The indicator waits for the selected number of completed higher-timeframe candles to confirm that price genuinely moved away. After confirmation, the line is anchored to the original wick price and time.
This means a newly forming wick will not appear instantly. The delay is intentional and helps prevent weak, unfinished rejections from being labeled as major levels.
## Practical use
Treat the levels as areas of interest rather than automatic entry signals. When price returns to a level, look for confirmation from market structure, volume, momentum, or your normal execution model. Higher reaction counts and multi-timeframe labels indicate stronger historical evidence, but no level is guaranteed to hold.
This indicator is an analytical tool and does not provide financial advice or guarantee trading results.
## Release 1.0
Higher-Timeframe Major Reversal Levels is a TradingView indicator designed to identify prices where the market showed aggressive rejection on an important timeframe. Instead of plotting every pivot, high, or low, it looks for a pronounced wick, a close away from the wick's extreme, and meaningful follow-through in the opposite direction.
The result is a cleaner map of historically important supply, demand, and support/resistance flip levels.
## What the indicator detects
The indicator uses Daily candles by default. Optional 1-hour, 4-hour, weekly, and monthly sources can be enabled in Settings.
A price becomes a candidate level only when a higher-timeframe candle meets all of these conditions:
1. The rejection wick is large compared with the candle body.
2. The wick occupies a meaningful percentage of the candle's total range.
3. The candle closes away from the rejected extreme.
4. Price follows through in the opposite direction by the required ATR distance.
The tip of an upper rejection wick contributes to a supply zone, while the tip of a lower rejection wick contributes to a demand zone. Touches do not need to occur at the exact same tick: nearby wick rejections inside the ATR-sized price range are grouped, and the displayed line uses their average rejected price.
## Main advantages
- **Filters ordinary swing points:** A pivot alone is not enough. The market must demonstrate forceful rejection and follow-through.
- **Uses higher-timeframe structure:** Important 1H through monthly reactions can be viewed while trading on lower chart timeframes.
- **Adapts to volatility:** ATR-based thresholds scale automatically between different markets and price ranges.
- **Tracks repeated respect:** Each separate reaction strengthens the level and increases its line thickness.
- **Identifies role flips:** A level respected from both sides is colored purple, showing that former support became resistance or vice versa.
- **Shows confluence:** Labels identify the source timeframes, such as `[4H D W]`.
- **Reduces chart clutter:** Nearby reactions are consolidated using an ATR-based merge tolerance.
- **Supports alerts:** TradingView can notify you when price approaches a qualified level.
## Reading the chart
- **Green — Demand:** Price aggressively rejected lower prices and reversed upward.
- **Red — Supply:** Price aggressively rejected higher prices and reversed downward.
- **Purple — Flip:** The same area has acted as both support and resistance.
- **`x2`, `x3`, etc.:** Number of separate qualifying reactions recorded near the level.
- **`[1H 4H D]`:** Higher timeframes that confirmed the area.
- **`best 2.40 ATR`:** Largest confirmed move away from the level.
Thicker lines represent levels with more qualifying reactions.
## Recommended setup
1. Open TradingView's Pine Editor.
2. Paste the contents of `Major_Reversal_Levels.pine` into a new indicator.
3. Save the script and select **Add to chart**.
4. Open the indicator's Settings menu.
5. Daily is enabled by default. Enable another source only if you also want its levels displayed universally.
6. Start with the default qualification settings, then adjust strictness for the market being traded.
## Suggested presets
### Balanced — recommended starting point
- Minimum confirming timeframes: `1`
- HTF bars allowed for reversal: `3`
- Minimum reversal move: `1.0 ATR`
- Separate reactions required: `1`
- Level merge tolerance: `0.60 ATR`
- Minimum wick/body ratio: `1.5`
This displays important single-event wick rejections while making repeatedly respected levels visually stronger.
### Strict confluence
- Minimum confirming timeframes: `2`
- Minimum reversal move: `1.5–2.0 ATR`
- Separate reactions required: `2`
- Minimum wick/body ratio: `2.0`
- Wick portion of candle: `0.40–0.50`
Use this when you want fewer levels with stronger historical evidence.
### More sensitive
- Minimum confirming timeframes: `1`
- Minimum reversal move: `0.75 ATR`
- Separate reactions required: `1`
- Minimum wick/body ratio: `1.0`
- Wick portion of candle: `0.30`
This can be useful for markets with smaller candles, but it will produce more levels.
## Settings explained
### Universal timeframe-level visibility
Each toggle controls whether levels detected from that source timeframe are displayed on the chart. For example, enabling Daily and Weekly allows those levels to remain visible while analyzing intraday charts.
**Minimum confirming timeframes** controls timeframe confluence. A value of `1` accepts a level from any enabled source. A value of `2` requires the same price area to be recognized by at least two enabled timeframes.
### Major-level qualification
**HTF bars allowed for reversal** is the number of completed source-timeframe candles used to confirm follow-through after the rejection wick. Increasing it allows slower reversals to qualify but increases confirmation delay.
**Minimum reversal move (ATR)** controls how far price must travel away from the wick before the level is accepted.
**Separate reactions required** determines how many distinct wick-rejection events must occur near the price. Use `1` for major single-event swings or `2–3` for repeatedly defended levels only.
**Level merge tolerance (ATR)** determines how close two rejected prices must be to count as the same area.
**Minimum wick/body ratio** measures the wick relative to the real candle body.
**Wick portion of candle** requires the wick to occupy a minimum percentage of the complete high-to-low range.
**Close away from wick extreme** ensures the candle did not finish near the rejected price.
**Minimum rejection-candle range (ATR)** filters out small candles whose wick may look large only because the body is unusually tiny.
## Alert setup
1. Select **Create Alert** in TradingView.
2. Choose this indicator under Condition.
3. Select **Approaching respected HTF reversal level**.
4. Choose the desired alert frequency and delivery method.
The alert distance is volatility-adjusted using the chart timeframe's ATR. Increase **Alert distance** for earlier warnings or decrease it for tighter notifications.
## Confirmation and repainting behavior
Levels are not accepted immediately when the wick forms. The indicator waits for the selected number of completed higher-timeframe candles to confirm that price genuinely moved away. After confirmation, the line is anchored to the original wick price and time.
This means a newly forming wick will not appear instantly. The delay is intentional and helps prevent weak, unfinished rejections from being labeled as major levels.
## Practical use
Treat the levels as areas of interest rather than automatic entry signals. When price returns to a level, look for confirmation from market structure, volume, momentum, or your normal execution model. Higher reaction counts and multi-timeframe labels indicate stronger historical evidence, but no level is guaranteed to hold.
This indicator is an analytical tool and does not provide financial advice or guarantee trading results.
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REALLY THE LAST ONEСкрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.