Multi-TF Key Levels - Shadow Corp

6 hari yang lalu

rading price action requires awareness of higher timeframe (HTF) levels, but drawing them manually every day is tedious and prone to error. Most indicators that automate this create a messy chart with overlapping text and lines starting at arbitrary points.
This is the solution. This indicator plots Daily, 4-Hour, Weekly, and Monthly Open, High, and Low levels with pixel-perfect precision. It creates the cleanest possible chart by merging overlapping levels and pushing labels to the hard-right edge of your screen, keeping your price action unobstructed.

✨ Why This is the "Cleanest" Design
Smart Label Merging: If a Previous Day High (PDH) is the same price as a Weekly High, the script merges them into one single label (e.g., "PDH + W.High"). No more illegible, stacked text.
Infinite "Hard-Right" Labels: Unlike standard indicators that place labels near the current candle (blocking your view), this script uses advanced logic to push labels 500 bars into the future. They sit comfortably in the empty space on the right, regardless of your zoom level.
Precision Anchoring: Lines do not just start at the "beginning of the day." The script tracks the exact minute a High or Low occurred and anchors the line to that specific wick. This provides crucial visual context on when the level was created.

🛠 Key Features
4 Timeframes: Monitors Daily (D), Weekly (W), Monthly (M), and the critical 4-Hour (4H) structure.

RTH Open: Specifically tracks the 9:30 AM EST (Regular Trading Hours) Open, essential for Futures and Stock traders.

Visual Modes:
Infinite: Lines extend forever to the right; labels sit on the far right edge.
Fixed: Lines project a specific number of bars (e.g., 25) ahead of price for a focused view.
Current & Previous: Toggle Previous Day/Week/Month Highs/Lows AND Current developing Highs/Lows.

Customizable: Every color, line style, and toggle is fully adjustable.

🧠 How It Works (The Logic)
Data Fetching: Uses non-repainting request.security calls to get accurate HTF data.
Anchor Tracking: The script runs a background loop to record the exact timestamp (time) when a High or Low is made.

Bar Index Projection: To ensure labels stay on the far right edge (even when there is no price data there yet), the script calculates the bar_index + 500 (Pine Script's maximum limit). This creates the "Floating Label" effect that persists indefinitely.

Visual Stacking: It uses label.style_label_lower_right for infinite lines, ensuring the text sits on top of the line extension, maintaining high readability.

📉 How To Use
Add to Chart: Works on any timeframe (best used on 1m, 5m, 15m, or 1H).
Select Your Levels: Go to settings and toggle the levels relevant to your strategy (e.g., PDH/PDL, Monthly Levels, 4H Structure).

Adjust the "Push":
If using Infinite Mode: Use the "Label Push" slider in settings. Set it to 500 to keep labels pinned to the far right edge of your screen.

If you prefer lines to stop near price, switch to Fixed Length.
Trade: Use these levels as targets for take-profits or areas of interest for reversals/breakouts.

6 hari yang lalu

Catatan Rilis

Trading price action requires awareness of higher timeframe (HTF) levels, but drawing them manually every day is tedious and prone to error. Most indicators that automate this create a messy chart with overlapping text and lines starting at arbitrary points.
This is the solution. This indicator plots Daily, 4-Hour, Weekly, and Monthly Open, High, and Low levels with pixel-perfect precision. It creates the cleanest possible chart by merging overlapping levels and pushing labels to the hard-right edge of your screen, keeping your price action unobstructed.
✨ Why This is the "Cleanest" Design
Smart Label Merging: If a Previous Day High (PDH) is the same price as a Weekly High, the script merges them into one single label (e.g., "PDH + W.High"). No more illegible, stacked text.
Infinite "Hard-Right" Labels: Unlike standard indicators that place labels near the current candle (blocking your view), this script uses advanced logic to push labels 500 bars into the future. They sit comfortably in the empty space on the right, regardless of your zoom level.
Precision Anchoring: Lines do not just start at the "beginning of the day." The script tracks the exact minute a High or Low occurred and anchors the line to that specific wick. This provides crucial visual context on when the level was created.
🛠 Key Features
4 Timeframes: Monitors Daily (D), Weekly (W), Monthly (M), and the critical 4-Hour (4H) structure.
RTH Open: Specifically tracks the 9:30 AM EST (Regular Trading Hours) Open, essential for Futures and Stock traders.
Visual Modes:
Infinite: Lines extend forever to the right; labels sit on the far right edge.
Fixed: Lines project a specific number of bars (e.g., 25) ahead of price for a focused view.
Current & Previous: Toggle Previous Day/Week/Month Highs/Lows AND Current developing Highs/Lows.
Customizable: Every color, line style, and toggle is fully adjustable.
🧠 How It Works (The Logic)
Data Fetching: Uses non-repainting request.security calls to get accurate HTF data.
Anchor Tracking: The script runs a background loop to record the exact timestamp (time) when a High or Low is made.
Bar Index Projection: To ensure labels stay on the far right edge (even when there is no price data there yet), the script calculates the bar_index + 500 (Pine Script's maximum limit). This creates the "Floating Label" effect that persists indefinitely.
Visual Stacking: It uses label.style_label_lower_right for infinite lines, ensuring the text sits on top of the line extension, maintaining high readability.
📉 How To Use
Add to Chart: Works on any timeframe (best used on 1m, 5m, 15m, or 1H).
Select Your Levels: Go to settings and toggle the levels relevant to your strategy (e.g., PDH/PDL, Monthly Levels, 4H Structure).
Adjust the "Push":
If using Infinite Mode: Use the "Label Push" slider in settings. Set it to 500 to keep labels pinned to the far right edge of your screen.
If you prefer lines to stop near price, switch to Fixed Length.
Trade: Use these levels as targets for take-profits or areas of interest for reversals/breakouts.