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Mid Line
📌 Mid Line – Volatility-Based Equilibrium Levels
This indicator draws horizontal mid lines at the midpoint of high-volatility candles.
When a candle exceeds the defined volatility threshold, its midpoint is marked as a potential short-term equilibrium level. These levels often act as temporary support or resistance, especially after strong impulsive moves.
If price pulls back, it may react around the mid line before continuing or breaking, helping traders identify reaction zones, pullback areas, and momentum shifts.
Key features:
Detects strong candles based on body volatility
Draws midpoint equilibrium levels automatically
Adjustable line length (up to 6 bars)
Designed for clean price action and intraday analysis
Best used on lower and intraday timeframes after impulsive moves.
This indicator draws horizontal mid lines at the midpoint of high-volatility candles.
When a candle exceeds the defined volatility threshold, its midpoint is marked as a potential short-term equilibrium level. These levels often act as temporary support or resistance, especially after strong impulsive moves.
If price pulls back, it may react around the mid line before continuing or breaking, helping traders identify reaction zones, pullback areas, and momentum shifts.
Key features:
Detects strong candles based on body volatility
Draws midpoint equilibrium levels automatically
Adjustable line length (up to 6 bars)
Designed for clean price action and intraday analysis
Best used on lower and intraday timeframes after impulsive moves.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.