PROTECTED SOURCE SCRIPT
Anchored Percentages SpaceManBTC
Updated
Anchored 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.
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.
Release Notes
A temporary fix, bars too ltf would cause UI error e.g. 1min tf daily chart. Just a temporary solution.Release Notes
Updated display logic for existing usersRelease Notes
Auto Mapping, quickly set the number of deviations and % gaps between them!Release Notes
Auto mode Adjusted for floats*
Twitter: twitter.com/cubansedge
Discord: discord.com/invite/NqDfZgxeku
Discord: discord.com/invite/NqDfZgxeku
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.