Key Levels SpacemanBTC IDWM — Indicator by spacemanbtc

TradingView

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volatility trendanalysis close open daily dailylevels weekly weeklylevels intraday zones

Key levels, plotted automatically

Additional timeframes can be added on request

Useful for seeing strength of the trend in the market

Release Notes: Added data for weekly high and weekly low upon request,

default values have been changed, some options are off upon first load of script as it can populat the chart leaving it cluttered, easy to turn on just click the checkbox.

Will work on further request soon, currently working on a new indicator that should assist with strong rejection points. May take some time. Make sure to follow my twitter: SpaceManBTC for updates.

Release Notes: Just citing the original autho of the base code, much love for the leg work!

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Extremely helpful code and the coder.
Thank you for sharing it with us.
I have used it with live market.
This indicator carries potential to provide indicative support for the trade, if used appropriately.
Thank you for your prompt response, always.

labtab

@labtab, Thank you for your positive words, all the best with your trades!

In case anyone is wondering the backtest that @santhoshkcr requested has been complete, I will publish it seperately as its cleaner to use that way and is worth using standalone. Very good for scalping. Waiting for the time limit to pass so that i may release it. Thank you all!

Could you at least cite the original creator of (DWM O). this script is clearly built on top of it. Thanks :D

HardboiledTrade

@HardboiledTrade, Solid spot didnt notice coz I started the script on a blank pallete.

Much love to the creator for open sourcing his code allowing for additional modifications.

Thank you very much for this very useful script. Please add 1H time frame and also 4H time frame history, if possible.

santhoshkcr

@santhoshkcr, Hi, thank you for the request just noticed a request in messages last night by someone else so I will work to add theirs first and will get to yours as soon as possible. Best of luck in your trading!