Script to plot lines: Institutional Price levels AKA Round Numbers, Perfect Price Levels, SweetSpots

Ross

New member
Hi everyone.
We are all familiar with psychological levels, but I can't find any script specifically for TOS. In brief, I'm looking for an indicator that plots lines on major round numbers. These whole numbers are often called 00's (double zeros or 100's), such as 0.9900, 1.00, and 1.0100 on EUR/USD or 1.1400, 1.1500, and 1.1600 on GBP/USD or 159.00, 160.00, and 161.00 on GBP/JPY. The distance between each 00 number is 100 pips.
These marks can go a step further by looking at the numbers directly in the middle of these whole numbers or the fifties (50's), such as 0.99500 or 1.00500, and even further, the quarters (25's and 75's), such as 0.99250 or 0.99750 on EUR/USD or 160.50 and 160.250 on GBP/JPY.
I leave two links to the same indicator developed for other platforms just for reference. Thanks in advance.

https://www.tradingview.com/script/3CsjRv7W/
https://mt4indicators.com/sweetspots/

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Last edited:
Solution
Hi everyone.
We are all familiar with psychological levels, but I can't find any script specifically for TOS. In brief, I'm looking for an indicator that plots lines on major round numbers. These whole numbers are often called 00's (double zeros or 100's), such as 0.9900, 1.00, and 1.0100 on EUR/USD or 1.1400, 1.1500, and 1.1600 on GBP/USD or 159.00, 160.00, and 161.00 on GBP/JPY. The distance between each 00 number is 100 pips.
These marks can go a step further by looking at the numbers directly in the middle of these whole numbers or the fifties (50's), such as 0.99500 or 1.00500, and even further, the quarters (25's and 75's), such as 0.99250 or 0.99750 on EUR/USD or 160.50 and 160.250 on GBP/JPY.
I leave...

halcyonguy

Well-known member
VIP
Lifetime
Hi everyone.
We are all familiar with psychological levels, but I can't find any script specifically for TOS. In brief, I'm looking for an indicator that plots lines on major round numbers. These whole numbers are often called 00's (double zeros or 100's), such as 0.9900, 1.00, and 1.0100 on EUR/USD or 1.1400, 1.1500, and 1.1600 on GBP/USD or 159.00, 160.00, and 161.00 on GBP/JPY. The distance between each 00 number is 100 pips.
These marks can go a step further by looking at the numbers directly in the middle of these whole numbers or the fifties (50's), such as 0.99500 or 1.00500, and even further, the quarters (25's and 75's), such as 0.99250 or 0.99750 on EUR/USD or 160.50 and 160.250 on GBP/JPY.
I leave two links to the same indicator developed for other platforms just for reference. Thanks in advance.

https://www.tradingview.com/script/3CsjRv7W/
https://mt4indicators.com/sweetspots/

see if this is what you are looking for
https://usethinkscript.com/threads/...-ends-with-a-certain-number.7692/#post-107271
 
Solution

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