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Quarterpoints

Visual Range Quarter Points [dasanc]Introduction This tool can be used in multiple ways: explore a Symbol's historical volatility for DCA and Grid trading strategies. combine with Order Blocks as confluence before entering trades intra-trade management - partial exits and moving SL into profits Features Draw Quarter Point levels on chart based on the visible range. Interval between levels is automatically calculated by default to have ~10 levels on chart. As you scroll through the chart or change timeframes, the interval and levels are updated. Change the color, width of levels as a percentage of the interval, and draw additional levels as needed. Choose to display a dashboard with relevant information on levels: Price range - High and Low on visible range Interval - display as Currency or PIPs for Forex pairs Number of Levels drawn -Cheers, DasanC
Pine Script™ indicator
by DasanC
MTF previous high and low quarter levelsDescription An experimental script that prints quarter levels of the previous timeframe's high and low to the current timeframe. The idea is quite simple and is basically the Fibonacci pivoted on the previous high and low with quarter level settings (0,0.25,0.5,0.75,1 etc). The default setting is the previous daily high and low but can be customized on user discretion. New quarter levels are printed after the close of the previous timeframe and open of the new timeframe (user's timeframe setting) How To Use Levels should not be used blindly. Levels can be used as confluence when aligned with high probability supply and demand zones, support, resistance, order blocks, and so on. Credit to @HeWhoMustNotBeNamed for the Previous High/Low MTF indicator code and @mrbirman for the idea to put this together.
Pine Script™ indicator
by geneclash
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