Sonarlab - Psych/Whole Number Levels Have you ever noticed that prices seem to stick to certain “round numbers” like $1250, $1300, or $1350? It’s not just your imagination — these round numbers can actually act as psychological levels in the market, influencing trader behavior and shaping price action.
But why do traders care so much about these round numbers? It all comes down to our psychological wiring. Humans are naturally drawn to symmetry and simplicity, and round numbers offer a nice, neat way to measure price levels. Plus, these levels often coincide with important milestones or historical levels of support and resistance, giving them even more psychological weight.
To help you take advantage of these psychological levels in your trading, we’ve created a free TradingView indicator that automatically plots round numbers on your chart. Whether you’re a seasoned trader or just starting out, this indicator can give you a valuable edge in the market.
Here’s how the Indicator works:
1. Install the indicator on your TradingView chart. You can find it in the public library by searching for “Round Numbers Indicator”.
2. Select your preferred round numbers and customize the appearance of the indicator to fit your chart. The default settings are already set good.
3. Watch as the round numbers dynamically adjust to the current price action, providing you with a clear view of the market’s psychological levels.
Keylevels
SpaceTime LevelsSpaceTime Levels Part of the SpaceTime Complete Suite
SpaceTime Levels provides a much needed improvement in the display of multi session compatible levels related to TPO calculations (Time x Price)
The relevant levels are neatly mapped out in a way that is easy to read without the need of the whole profile, e.g. having VA levels D/W/M without the addition
D/W/M Profiles being attached to them reducing the onscreen clutter.
Fully customizable for display includes:
Line styles,
Thickness,
and Coloring.
Text Size,
Coloring.
Custom offset for levels
Pros:
Visible levels, lack of onscreen distractions.
Previous Profile levels included, e.g. pVAH related to previous Value Area High
Cons:
Limited to one previous profile session
Updates incoming:
Additional levels if people request such as NPOCs
Full suite view:
Support & Resistance/Supply & Demand/Liquidity/Trendlines (Expo)Real-Time Support & Resistance/Supply & Demand/Liquidity Zones /Trendlines / Key Levels
This trading tool automatically identifies real-time Support/Resistance, Supply and Demand, Liquidity Zones, Key levels, and Trendlines.
FEATURES
This indicator includes all necessary features for traditional technical analysis, such as Trendlines, Support/Resistance, Supply/Demand, and Liquidity Zones. In addition to that, we have added key market levels.
Support/Resistance: Identifies areas in real-time where the price finds support and resistance.
Supply/Demand: The indicator analyzes the market structure in real-time and maps out key supply and demand zones. The user gets an instant understanding of the current market structure.
Liquidity Zones: Liquidity zones are displayed where there is a significant level of trading activity and when there is both high supply and demand for an asset, security, or contract.
TrendLines: Trendlines help traders determine the current direction of market prices. A trendline is displayed when a price action trend is detected.
Key Levels: Key levels are psychological levels that are under the attention of many traders. There is a lot of buying or selling pressure at these levels. At these key levels, price decides its direction, either to go bearish or bullish.
HOW TO USE
Use the indicator to identify several important and commonly used levels and zones. All zones work as a future reference where the price has a higher likelihood to react at, bounce off from, or reverse.
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Disclaimer
Copyright by Zeiierman.
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Cyatophilum Auto Key LevelsThis indicator will automatically plot key horizontal levels.
The script will create a grid from highest to lowest price, dividing this price range into several steps.
It will then loop through each bar and save its cummulative price/volume into each steps.
The steps with the most significant prices/volume are finally plotted into key levels.
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Settings
• Precision: The number of steps. Increase if you want more precise levels or decrease for bigger areas.
• Lookback: The number of bars from the past used to calculate the levels.
• Strength: The amount of lines to show.
• Use Volume: For volume weighted key levels.
Anchored Percentages SpaceManBTCAnchored Percentages SpaceManBTC
This indicator is a successor to Percentage Values SpaceManBTC.
As opposed to anchoring via user selection on chart,
the user can choose common anchor points related to typical important Price Action levels such as: Daily, Weekly, Monthly.
And choose point of interest such as the Open for weekly open, or high,low, close...
The code is quite simple, specify a point in origin, and apply percentage deviations on price from that point,
For usecase I find it can be quite useful for round numbers personally which is why ive set the default to be: 5,10,15,20.
Similar to playing round values that may provide some psychological reason for resistance/support I beleive the same can be done with %, allowing for Dynamic Targets and S/R Based on average moves vs what is potentially over extended.
ZigZag OrderBlock Retracement█ INTRODUCTION
What is an OrderBlock? It is simply Price where Banks (or Large Financial Entities) have Bought or Sold heavily (Support or Resistance Institutional Zone).
Our job as a trader is to monitor what the Banks and/or Large Investors are doing then patiently wait and have the opportunity to surf in their direction.
Large Financial Entities Buy during Price drops to get the best purchase Price. The Bank are acting a bit like us in our everyday life,
When we want Buying something, we always try to Buy it at the best price. And when we Sell, take the example of a used Car, we will systematically
try to Sell it at the highest possible Price. The Price of convertible Cars goes down during the Winter and goes up during the Summer.
So to make the best operation, if you Buy a second-hand convertible you will prefer to Buy it during the Winter and Sell it immediately in the Summer
and not Vice versa. So the way Large Institution act is exactly the same, it will expect the Price to Buy the fall and they will wait until
the Price rises in order to Sell. This is how the Profits will be made. The mistake that many Traders makes when they Trade emotionally is to act
in the opposite way of what they will do in everyday life. When we trade emotionally, we see the Price fall, instead of Buying while the Price drops we Sell.
In a similar emotional based act when the Price goes up we Buy, while when the Price goes up it's the best opportunity to Sell. So all the big moves
that you can watch on your different Instruments are the result of Banks or other Large Financial Entities. As Individuals, we do not have the necessary
“Strike Force” to create this type of movement. However, it is important to note that when Banks or Large Entities create this type of movement,
they do so despite theirs willing, they would love to be able to hide but luckily for us they can’t. When Billions of Dollars are Invested in Trades,
the effect can’t be concealed and as a result we will observe the impact on the market then as an Individual we’ll be able to see that on our Charts.
There are many ways to locate these areas of interest. But as they say, all roads lead to Rome. The purpose remains the Price Study
and in particular the movements of strong amplitude on the Chart. Large Financial Entities will keep acting in the same Price areas, Or at least we can say
that there's a high probability for them to intervene in these zones. Therefore, rather than chasing the Price moves and then to endure a counter move,
we will patiently wait until the Price returns to these areas on the basis that Banks and, or Large Entities will accumulate on their Positions
and are going to Sell and Buy in the same Price areas. Keep in mind that this logic works no matter what TimeFrame is used. However when the have Analysis
on Small TimeFrame (between M15 and H1) will make the movements observed between 20 and 50 Pips. Whereas if we look at H4 or Daily,
we can really see movements of 100 or even 200 Pips.
█ OVERVIEW
The ZigZag Indicator is used to illustrate Trend Lines without taking into account intermediate Retracements.
In a way, it allows you to get to the point by giving a simplified view of the evolution of Prices by eliminating "parasitic" movements, and thus to Position
and unwind Positions at the appropriate times. It is part of the category of Trend Indicators. We will simply define a Level of Price variation below which
they will not be taken into account by the indicator. This will eliminate all minor fluctuations, depending on the desired sensitivity.
The Indicator can only have 2 directions, Up or Down. For example, setting the Indicator to 5% (ZigZag Length ) will eliminate all variations below 5%.
If the Trend is Bullish and the Indicator therefore oriented in the same direction, Prices will have to fall by at least 5% for the direction
of the ZigZag to reverse Downward. Why using ZigZag to search for our OrderBlock? ZigZag makes it possible to clearly identify the current Trend as well
as significant Reversals and therefore have a much clearer vision of the actions carried out by Banks / Large Entities. However, it is drawn up
a posteriori and therefore does not make it possible to predict the evolution of Prices. The turning points are Indicated with a delay proportional
to the chosen sensitivity. The indicator calculates the Lowest Price over the given Period and eliminates Prices that are below the minimum requested
Array Size. Then, it calculates the Highest Price over the given Period and eliminates the Prices that are below the minimum requested Array Size.
Finally, it draws the Trend Line that connects the High and Low points determined previously and use the sum of the two to determinate the Range area.
█ HOW TO INTERPRET?
• The Indicator creates Lines that demonstrate past Retracements and current Pivots Levels to get a clearer view of the next Retracement area
using the Lines from the Last High and Low Pivots to determine which Take-Profit or Stop-Loss set.
• The "OrderBlocks" are detected based on the Pivots founds. You can display the Prices and use theses to help you set your Take-Profit during Retracement.
• Possibility to display the Levels of detected Pivots point. This can permit to dispense with the use of Elliot Waves or the use of a Fibonacci.
• Donchian ZigZag Channels to be sure to always have seen the extremities of the Top, Bottom and Range area.
• The ZigZag Length is set to 5 by default. You will have to adjust it according to selected TimeFrame or Financial Instrument used.
• The ZigZag has 3 adjustable colors:
-Green = Bullish Trend
-Red = Bearish Trend
-Orange = Range Zone
It is not advisable to enter Position when the ZigZag color indicates a Range Zone.
- OrderBlocks
- ZigZag + Pivots Point
- Donchian ZigZag Channel
█ ALERTS
Following the request of many users on our other script concerning the late arrival of Alerts for detected OrderBlocks (on Institutional OrderBlock Pressure), we fixed this problem here with the arrival INSTAN and CONFIRM ALERTS .
█ NOTES
- This script is not beginner's Level and is intended for Traders with advanced knowledge of ZigZag and the work of Michael j. Huddleston on the OrderBlocks.
Good Trade everyone and remember, risk management remains the most important!
QF LevelsQF LEVELS is an Indicator that displays various Levels and Session Ranges .
Daily / Weekly / Monthly / Quarterly / Yearly - Open levels
Previous DWMQY - Open levels
Monday - High / Mid / Low - Levels
Intraday (4H) Levels
London / New York / Asian - Sessions
Automatic Coloring based on Support / Resistance
Full Color Customization
Themes coming in next update
[AB] Support/Resistance Drawing ToolThis script is designed to help you identify viable support and resistance levels by automatically creating lines that become less transparent when said levels hold. It is based on Donchian Channels created by rounded closes, not by highs and lows. You can use it as an aid to draw your levels manually, or stick exclusively to automatic charting.
Available settings are as follows:
Source - highly recommended to use Close, but other options are available if you'd like to do some experimentation.
Source Rounding - the accuracy of price sampling; higher rounding will make your lines more visible at the expense of precision. It is highly recommended to use decimals.
Length (Array) - the overall lookback of the script (length of the array). This value shouldn't be higher than 500 if skip = 2, or 250 if skip = 1. If you'd like to reach further back into the past, I'd recommend switching timeframes instead of increasing this beyond 500.
Sampling Skip - how frequently the data is sampled. I wouldn't recommend going beyond 2, especially with the default settings.
Transparency Skip - you can think of it as "pencil hardness". The higher the skip, the bigger the imprint of a single level detection will be. Wouldn't recommend going beyond 10.
Color R, G, and B - you can use these settings to adjust the color of the lines.
Bank Levels - Psychological Levels - Bitcoin, Indices, ForexThis got removed so I'm publishing it again.
What it is:
- This script draws in levels refereed to as bank levels. They are basically psychological/even numbers(40000, 45000, 150, 1850..)
Why doesn't it work on some charts?
- Each pair has a different tick value. You will have to edit the code to make it work on certain pairs. It's pretty simple, take a look.
Trend Key PointsEach trend has its high and low key points that are important in the next prices. Sometimes it's hard to find out the keys with a naked eye, so I tried to code a simple indicator to marking these points also, as a bonus, to draw support and resistance lines from previous critical pivot points.
Let me explain the details with a downtrend. If we consider the previous trend, each downtrend starts with a HH and end with a LL. There are always many tries between that HH and LL to turn the trend up. This indicator counts that inner attempts. The higher the number of attempts, the more important move has been started from the beginning (HH). These numbers take their final form when the trend ends and are included in the label at the beginning of each trend.
Key points with 3 and more inner tries are consider as critical point by default but It's alterable and you can change it as you want. The indicator draws lines from critical points too, so you can use that lines as support and resistance in next candles.
Likewise, there are marks below inner LLs and above inner HHs.
This indicator idea is entirely my own and is a product I've really thought about, AND you have allowed to use and share it anywhere to anyone. I did my best to make it useful, even so I am open to any improvement. If you have an idea or a suggestion, don't forget to leave a comment.
Key Levels by RifeMy take on Key Levels script that plots:
- Daily Open
- Weekly Open
- Monthly Open
- Day of Week Range (i.e. Monday Range)
- Initial Balance
Open levels are not visible on higher time frames, such as Daily Open is not visible on Weekly Open nor Monthly Open.
Initial Balance is not visible on the following timeframes: 2H, 4H, 6H, 8H, 1D, 1W and 1M. All other time frames will show it.
NSDT Daily Key LevelsSimple script to show key levels of current day and previous day. Labels can be turned on and off as needed. Line colors, thickness and style can be changed. Modified the "M/W/D Level" script from paaax. Credit for original code goes to him. Link to script and profile posted in code of this script.
ZFDB4.V10its a simple indicator which will automatically plot out the following
Previous day's - open
previous week's - high, low, open and close
previous month's - high, low, open and close
it will also separate the days in the week ahead ( not behind)
the idea of this indicator is to help you be AWARE of key levels that you might miss while being on lower time frames and also help you to think forward instead of backwards.
there are indicators already built on tradingview that plots these levels.
this indicator is inspired by "BartholomewJ - Killzones" & "Airscape - Days of week"
Cheers guys!
Hope it can help you!
Kilted Round NumbersKILTED ROUND NUMBERS v1.0
Description: This is a simple indicator that calls out the psychological round numbers that the market gravitates towards. Lines in BLUE are SUPPORT as they will be below the current price and lines in RED are above the current price and represent resistance.
This should assist traders with key levels that once drawn assist the eye with seeing those key levels and how price reacts to the respective levels.
SETTINGS AND EXPLANATION
General Settings
- Kilted Round Numbers Main Levels – This will highlight the main levels above and below the current price
- Kilted Round Numbers Sub Levels – This will highlight the number of levels you want to see within the main levels
- Only Show Dane Sub Levels – This feature is a work in progress and will highlight certain levels only as part of a separate strategy and will be available in due course in v2.0
If you need access to any of our indicators please use the link below to obtain access to this indicator or send us a private message on trading view.
ZenTrading MTFA Support & Resistance Day/Swing_BETAThis is a multiple timeframe analysis indicator for the day trading and swing trading timeframes (4HR downwards).
The pink dots indicate support/resistance levels. Current levels as well as past levels are relevant.
This is a beta testing version of the indicator, there may be some minor issues, so use at your own risk.
If you have any questions feel free to contact me