OPEN-SOURCE SCRIPT
Diupdate Circles
Circles - Support & Resistance Levels
Overview
This indicator plots horizontal support and resistance levels based on W.D. Gann's mathematical approach of dividing 360 degrees by 2 and by 3. These divisions create natural price magnetism points that have historically acted as significant support and resistance levels across all markets and timeframes.
How It Works
360÷2 Levels (Blue): 5.63, 11.25, 33.75, 56.25, 78.75, etc.
360÷3 Levels (Red): 7.5, 15, 30, 37.5, 52.5, 60, 75, etc.
Both Levels (Yellow): 22.5, 45, 67.5, 90, 112.5, 135, 157.5, 180 - These are "doubly strong" as they appear in both calculations
Key Features
Auto-Scaling: Automatically adjusts for any price range (from $0.001 altcoins to $100K+ Bitcoin)
Manual Scaling: Choose from 0.001x to 1000x multipliers or set custom values
Full Customization: Colors, line widths, styles (solid/dashed/dotted)
Historical View: Option to show all levels regardless of current price
Clean Display: Adjustable label positioning and line extensions
Use Cases
Identify potential reversal zones before price reaches them
Set profit targets and stop losses at key mathematical levels
Confirm breakouts when price decisively moves through major levels
Works on all timeframes and all markets (stocks, crypto, forex, commodities)
Gann Theory
W.D. Gann believed that markets move in mathematical harmony based on geometric angles and time cycles. These 360-degree divisions represent natural balance points where price often finds support or resistance, making them valuable for both short-term trading and long-term analysis.
Perfect for traders who use:
Support/Resistance trading
Fibonacci levels
Pivot points
Mathematical/geometric analysis
Multi-timeframe analysis
Overview
This indicator plots horizontal support and resistance levels based on W.D. Gann's mathematical approach of dividing 360 degrees by 2 and by 3. These divisions create natural price magnetism points that have historically acted as significant support and resistance levels across all markets and timeframes.
How It Works
360÷2 Levels (Blue): 5.63, 11.25, 33.75, 56.25, 78.75, etc.
360÷3 Levels (Red): 7.5, 15, 30, 37.5, 52.5, 60, 75, etc.
Both Levels (Yellow): 22.5, 45, 67.5, 90, 112.5, 135, 157.5, 180 - These are "doubly strong" as they appear in both calculations
Key Features
Auto-Scaling: Automatically adjusts for any price range (from $0.001 altcoins to $100K+ Bitcoin)
Manual Scaling: Choose from 0.001x to 1000x multipliers or set custom values
Full Customization: Colors, line widths, styles (solid/dashed/dotted)
Historical View: Option to show all levels regardless of current price
Clean Display: Adjustable label positioning and line extensions
Use Cases
Identify potential reversal zones before price reaches them
Set profit targets and stop losses at key mathematical levels
Confirm breakouts when price decisively moves through major levels
Works on all timeframes and all markets (stocks, crypto, forex, commodities)
Gann Theory
W.D. Gann believed that markets move in mathematical harmony based on geometric angles and time cycles. These 360-degree divisions represent natural balance points where price often finds support or resistance, making them valuable for both short-term trading and long-term analysis.
Perfect for traders who use:
Support/Resistance trading
Fibonacci levels
Pivot points
Mathematical/geometric analysis
Multi-timeframe analysis
Catatan Rilis
The code will now attempt to scale the range above and below what is detected. This way you can see more levels based on the current multiplier. Catatan Rilis
Levels with a digital root of 9 now show in a different colour Catatan Rilis
Rebuilt the code. Now it will show correctly on percentage based charts too! Catatan Rilis
Small bug fixCatatan Rilis
Fixed the auto scaling for a few charts. Catatan Rilis
Minor FixCatatan Rilis
Bug fixCatatan Rilis
Another bug fix for low caps in cryptoCatatan Rilis
Another bug fixCatatan Rilis
Another attempt at clean level identification checks Catatan Rilis
Returning to an earlier version of the script which seemed to perform more consistently across charts until I have a better solution. Catatan Rilis
Script updated. Way more reliable across different charts. Works with percentage charts too. There's also a repeat option to add levels on top of the range.
Catatan Rilis
The nearest circle level now has a different style option so you can clearly see what the dominate level is. Catatan Rilis
Made the text size consistent Catatan Rilis
Updated the script so that if "Repeat levels" is turned on, it will always show the active level. Catatan Rilis
Added filter - so you only need to see the nearest, active level. Catatan Rilis
Summary of Changes1. Autofilter Enhancement
When Autofilter is enabled, now shows 3 levels instead of 1:
Active level (green, closest to price)
First level above active (gray)
First level below active (gray)
New inputs added under "Active Level Colors" group:
Adjacent Level Line Color (default: gray)
Adjacent Level Label Background (default: gray)
Adjacent Level Label Text (default: white)
2. Update on Candle Close Only
New toggle in "Mode Settings" group:
Update Levels on Candle Close Only (default: true)
When enabled, the active level and multiplier calculations lock to the confirmed close price and won't flicker/change during live candle formation.
3. Symbol-Specific Multiplier Overrides
New "Symbol Overrides" input group with 10 slots:
Symbol 1 + Multiplier 1
Symbol 2 + Multiplier 2
... through to Symbol 10 + Multiplier 10
How it works:
Enter symbol name (e.g., BTCUSDT.P, ETHUSDT, SPY)
Uses flexible matching (partial match works)
Override takes priority over Auto Mode when matched
Debug table added (top-right corner) showing:
Current symbol
Override status (YES/Auto)
Active multiplier value
4. Removed Features
Real-time price line
Mirror price line
Price-to-active-level box (gradient fill)
Catatan Rilis
Small Bug FixCatatan Rilis
Updated the table so you compare the auto multiplier with the custom multiplier for more granular levels. Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
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 open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
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.