OPEN-SOURCE SCRIPT
SJ Intraday Levels
SJ Intraday Levels
This indicator is designed specifically for intraday traders who rely on predefined price levels for structured decision-making. It provides a clean and distraction-free way to plot important horizontal levels such as resistance, support, and intermediate zones, along with optional daily separators for better session awareness.
🔹 Key Features
1. Intraday-Focused Design
* The indicator is optimized to work on intraday timeframes up to 5 minutes.
* Helps traders maintain consistency in lower timeframes where precision matters most.
2. Custom Horizontal Levels
* Users can manually define:
* Resistance Levels (R1, R2) – plotted in red
* Intermediate Levels (B1, B2) – plotted in black
* Support Levels (S1, S2) – plotted in green
* Each group of levels can be independently enabled or disabled.
3. Smart Plotting Logic
* Levels are plotted only when a valid value is entered.
* If a level is left as default (`0.0`), it will not be displayed, keeping the chart clean and clutter-free.
4. Daily Separator with Day Labels
* Displays a vertical dotted line at the start of each new trading day.
* Automatically labels the day as MON, TUE, WED, etc.
* Helps visually segment trading sessions and improves context for intraday strategies.
5. Clean Visual Experience
* Minimalistic design to avoid unnecessary distractions.
* Fixed styling ensures consistent appearance across charts.
🔹 How to Use
1. Apply the indicator on 1-minute to 5-minute charts.
2. Enter your predefined levels based on your trading plan (e.g., previous day levels, supply/demand zones, VWAP deviations, OI data).
3. Enable or disable specific level groups as per your strategy.
4. Use the daily separator to identify session boundaries and align trades accordingly.
🔹 Use Cases
* Intraday breakout trading
* Mean reversion strategies
* Scalping with predefined zones
* Support & resistance-based trading systems
🔹 Notes
* This indicator does not generate buy/sell signals. It is a visual aid to support your existing trading strategy.
* Works best when combined with proper risk management and a well-defined trading plan.
🔹 Open Source
This script is published as open-source for learning and customization purposes.
Feel free to modify and enhance it according to your trading needs.
If you find it useful, consider sharing feedback or improvements with the community.
Disclaimer:
This tool is for educational purposes only and does not constitute financial advice. Trading involves risk, and users should perform their own analysis before making trading decisions.
This indicator is designed specifically for intraday traders who rely on predefined price levels for structured decision-making. It provides a clean and distraction-free way to plot important horizontal levels such as resistance, support, and intermediate zones, along with optional daily separators for better session awareness.
🔹 Key Features
1. Intraday-Focused Design
* The indicator is optimized to work on intraday timeframes up to 5 minutes.
* Helps traders maintain consistency in lower timeframes where precision matters most.
2. Custom Horizontal Levels
* Users can manually define:
* Resistance Levels (R1, R2) – plotted in red
* Intermediate Levels (B1, B2) – plotted in black
* Support Levels (S1, S2) – plotted in green
* Each group of levels can be independently enabled or disabled.
3. Smart Plotting Logic
* Levels are plotted only when a valid value is entered.
* If a level is left as default (`0.0`), it will not be displayed, keeping the chart clean and clutter-free.
4. Daily Separator with Day Labels
* Displays a vertical dotted line at the start of each new trading day.
* Automatically labels the day as MON, TUE, WED, etc.
* Helps visually segment trading sessions and improves context for intraday strategies.
5. Clean Visual Experience
* Minimalistic design to avoid unnecessary distractions.
* Fixed styling ensures consistent appearance across charts.
🔹 How to Use
1. Apply the indicator on 1-minute to 5-minute charts.
2. Enter your predefined levels based on your trading plan (e.g., previous day levels, supply/demand zones, VWAP deviations, OI data).
3. Enable or disable specific level groups as per your strategy.
4. Use the daily separator to identify session boundaries and align trades accordingly.
🔹 Use Cases
* Intraday breakout trading
* Mean reversion strategies
* Scalping with predefined zones
* Support & resistance-based trading systems
🔹 Notes
* This indicator does not generate buy/sell signals. It is a visual aid to support your existing trading strategy.
* Works best when combined with proper risk management and a well-defined trading plan.
🔹 Open Source
This script is published as open-source for learning and customization purposes.
Feel free to modify and enhance it according to your trading needs.
If you find it useful, consider sharing feedback or improvements with the community.
Disclaimer:
This tool is for educational purposes only and does not constitute financial advice. Trading involves risk, and users should perform their own analysis before making trading decisions.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.