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QQQ Levels on NQ

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# QQQ Levels on NQ - Professional Support & Resistance Indicator
## 🎯 Overview
Elevate your NASDAQ futures trading with precision-engineered QQQ support and resistance levels. This professional-grade indicator displays critical QQQ price levels directly on your NQ (E-mini NASDAQ-100) and MNQ (Micro E-mini NASDAQ-100) charts, providing institutional-quality analysis for retail traders.

## ⚡ Key Features
### 📊 Dual-Level System
- Whole Number Levels : 10 closest round QQQ levels around current price
- Half Levels : 0.5 increment levels for granular analysis
- Smart Scaling : Automatically converts QQQ levels to NQ/MNQ prices

### 🎨 Professional Visualization
- Clean Design : Minimalist lines that don't clutter your chart
- Customizable Colors : Choose your own colors for whole and half levels
- Historical Extension : Lines extend across your entire chart for context
- Dynamic Labels : Real-time QQQ price display with clear level identification

### ⚙️ Intelligent Features
- Auto-Detection : Works seamlessly on QQQ, NQ, and MNQ charts
- Real-Time Updates : Levels adjust automatically as QQQ price moves
- Performance Optimized : Efficient code that won't slow down your charts
- Flexible Settings : Toggle levels on/off based on your trading style

## 🎯 Perfect For
- NQ Futures Traders seeking QQQ correlation levels
- MNQ Micro Futures traders needing precise entry/exit points
- QQQ Options Traders analyzing support/resistance zones
- Day Traders requiring quick visual reference points
- Swing Traders identifying key technical levels

## 📈 How It Works
The indicator fetches real-time QQQ prices and calculates the 10 closest whole number levels (e.g., 480, 481, 482) plus half levels (480.5, 481.5, 482.5) around the current price. When applied to NQ or MNQ charts, it automatically scales these levels to match futures pricing, giving you precise QQQ-correlated support and resistance zones.

## 🔧 Customization Options
- QQQ Price Label : Toggle on/off
- Whole Number Levels : Show/hide with custom colors
- Half Levels : Show/hide with custom colors and transparency
- Visual Styling : Personalize colors to match your chart theme

## 💡 Trading Applications
- Support/Resistance : Identify key psychological levels
- Entry/Exit Points : Use levels for precise trade execution
- Risk Management : Set stops and targets at significant levels
- Market Structure : Understand institutional price zones
- Confluence Analysis : Combine with other technical indicators

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.