Place levels on chart?

cay7man

Member
How this is done? Thx

6CvO2AC.png
 
Last edited by a moderator:
looks like possibly be custom fibonacci retracement levels. Ive seen people draw similar (not fibs) and say it bounced right off the line in examples like that, when in fact it wasnt even close to "right off the line"... and odds are the more lines you have the more odds of it bouncing "right off the line"... that particular screenshot is hilarious, the person has about 2 lines going through just about every single's candle's ATR.
 
Last edited:
note i said POSSIBLY and the word CUSTOM as in custom inputs. you can adjust the % lvls on some fib studies. imo those lines are ridiculous. If your trading with lines as support and resistance ... the idea of trading is to be trying to look at price levels of support and resistance that everyone else and algos are looking at, your dont want to be the lone ranger.
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
419 Online
Create Post

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top