OPEN-SOURCE SCRIPT

Synapse Level Index

Updated
Synapse Level Index Indicator

This indicator simply allows the user to set their desired "Lookback Period",
and "Lookahead Period" in the Bars Back and Bars Ahead, Pivot Settings. Once
selected, the indicator tracks the highest high from X Bars Ahead, and the
lowest low, from Y Bars Back. Then, the indicator calculates the Mean Value.
Then, the indicator proceeds to draw the High to Low range by Eighths.
Fear and Greed increase at these levels psychologically. Volatility Ensues.

Enjoy,

Mr. Storm [LvNThL]
Release Notes
-Added Labeling.

Enjoy,

Mr. Storm
Release Notes
- Short Title Changed to "SLI"

Enjoy,

Mr. Storm
Release Notes
- Colors Adjusted to Benefit White Background/Black Background Traders.
- Added Separation by Sixteenths
- New Label Scale 0-2

Enjoy,

Mr. Storm
Release Notes
Just added some shit. Block my script if you want. Bums. @PinescriptMods
Release Notes
* Added Fill
* Added Extend Options
* Added Light Mode Option
* Reduced Clutter/Increased Visibility

Enjoy,

Mr. Storm
Release Notes
Full Reformat
More readable,
Added percentage change from high to low/ low to high
added a dashed line for zigzag tracking.

Enjoy

Mr. Storm
Release Notes
*Update*

1. Reconfigured LightMode into Darkmode for ease of use
2. Fixed Labels Text Color and Positioning when SLI is Extended
3. Corrected Extend to Extend.Both or Extend.None
4. Removed unnecessary Boolean switches
5. Color Fill Correction for ease of use on Dark or Light colored Chart Users.
6. Condensed Bars Back and Bars Ahead into a single "Lookback Period"

Thanks again!
Hope everyone enjoys the Update!

Mr. Storm
Release Notes
*UPDATE*

1. Added a Color Fill Activation Boolean Switch
2. Corrected Comments
3. Adjusted Default Bools
4. Added a String Catch on Lookback Periods that are too lengthy for current timeframe, string("Reduce Lookback Period")

Enjoy and Happy Trading!

Mr. Storm
levelsmagnetic_levelsPivot points and levelssentimentsentimentalanalysisVolatilityvolatilty

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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