JaT - Max/Min Labels Pro

21 Jan

Description:

The JaT - Max/Min Labels Pro is a powerful and customizable tool designed for traders who want clear, precise, and visually appealing identification of local price extremes. This indicator dynamically detects local maxima and minima based on user-defined sensitivity and displays their values as labels directly on the chart.

Key Features:

• Dynamic Extremes Detection: Automatically identifies local highs and lows using a user-configurable lookback period and sensitivity setting.
  
• Customizable Label Offset: Allows you to position labels further away from the bars for enhanced visibility.
  
• Clear Visualization: Labels are color-coded for clarity:
  
• Green for Highs: Transparent green text (50% opacity) displayed above the bar.
  
• Red for Lows: Transparent red text (50% opacity) displayed below the bar.
  
• Efficient Performance: Utilizes optimized Pine Script arrays to manage labels dynamically and avoid clutter.
  
• User-Friendly: Simple configuration with adjustable parameters for lookback period, sensitivity, and label offset.
  

Parameters:

• Lookback Period: Defines the range of bars to analyze for extremes.
  
• Sensitivity: Adjusts the smoothing level for extreme detection using a moving average.
  
• Label Offset: Controls the vertical distance of labels from the bar, ensuring they are easy to read without overlapping.
  
• Who is it for?
  
• This indicator is ideal for traders who rely on technical analysis to spot potential reversal points, breakout levels, or key support/resistance zones. Whether you're a day trader, swing trader, or long-term investor, the JaT - Max/Min Labels Pro provides an elegant and practical solution for enhancing your charting workflow.
  

How to Use:

• Add the indicator to your chart.
  
• Configure the settings to suit your trading style:
  
• Adjust the Lookback Period to define how far back the indicator analyzes.
  
• Set the Sensitivity to control how frequently highs and lows are detected.
  
• Use the Label Offset to adjust label placement for better visibility.
  
• Observe the dynamically generated labels highlighting price extremes.
  

Feel free to tweak or expand this description if you'd like to emphasize other features or include additional instructions. Let me know if there's anything else you'd like to add or adjust! 😊

21 Jan

Catatan Rilis

Description:

The JaT - Max/Min Labels Pro is a powerful and customizable tool designed for traders who want clear, precise, and visually appealing identification of local price extremes. This indicator dynamically detects local maxima and minima based on user-defined sensitivity and displays their values as labels directly on the chart.

Key Features:

• Dynamic Extremes Detection: Automatically identifies local highs and lows using a user-configurable lookback period and sensitivity setting.
  
• Customizable Label Offset: Allows you to position labels further away from the bars for enhanced visibility.
  

Clear Visualization: Labels are color-coded for clarity:
Green for Highs: Transparent green text (50% opacity) displayed above the bar.
Red for Lows: Transparent red text (50% opacity) displayed below the bar.
Efficient Performance: Utilizes optimized Pine Script arrays to manage labels dynamically and avoid clutter.
User-Friendly: Simple configuration with adjustable parameters for lookback period, sensitivity, and label offset.
Parameters:

• Lookback Period: Defines the range of bars to analyze for extremes.
  
• Sensitivity: Adjusts the smoothing level for extreme detection using a moving average.
  
• Label Offset: Controls the vertical distance of labels from the bar, ensuring they are easy to read without overlapping.
  

Who is it for?
This indicator is ideal for traders who rely on technical analysis to spot potential reversal points, breakout levels, or key support/resistance zones. Whether you're a day trader, swing trader, or long-term investor, the JaT - Max/Min Labels Pro provides an elegant and practical solution for enhancing your charting workflow.

How to Use:

• Add the indicator to your chart.
  
• Configure the settings to suit your trading style:
  
• Adjust the Lookback Period to define how far back the indicator analyzes.
  
• Set the Sensitivity to control how frequently highs and lows are detected.
  
• Use the Label Offset to adjust label placement for better visibility.
  
• Observe the dynamically generated labels highlighting price extremes.
  

Feel free to tweak or expand this description if you'd like to emphasize other features or include additional instructions. Let me know if there's anything else you'd like to add or adjust! 😊

21 Jan

Catatan Rilis

The JaT - Max/Min Labels Pro (Dynamic Offset) is a powerful and customizable indicator designed to dynamically identify and label local price highs and lows directly on the chart. This tool is perfect for traders who need clear visual identification of key price levels with adjustable positioning for better chart clarity.

Key Features:

• Dynamic Highs and Lows Detection: Identifies local maxima and minima using a user-configurable lookback period and sensitivity setting.
  
• Optional Visualization: Choose to display only highs, only lows, or both, based on your preferences.
  [+]Dynamic Offset: Label positions are adjusted as a percentage of the price to ensure a clean and proportionate visualization across all chart scales.
  

Customizable Parameters:

• Lookback Period: Controls the historical range for detecting highs and lows.
  
• Sensitivity: Adjusts the level of smoothing for better control over the detection of price extremes.
  
• Offset Percentage: Fine-tunes the distance of the labels from the price level for maximum readability.
  

Who Is It For?
This indicator is ideal for traders of all styles—day traders, swing traders, and long-term investors—who want to:

• Identify reversal points.
  
• Highlight key support and resistance levels.
  
• Track price extremes efficiently.
  

How to Use:

1. Add the indicator to your chart.
   
2. Customize the settings to suit your preferences:
   
3. Adjust the Lookback Period to define the range of historical data.
   
4. Modify Sensitivity for smoother or more frequent detections.
   
5. Use the Offset Percentage to ensure optimal label placement.
   
6. Toggle the visualization of highs, lows, or both using the provided options.
   

This indicator dynamically adapts to your trading needs and provides clear visual cues for informed decision-making.