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√ Square Root Levels

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Square Root - Based Levels Indicator
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This indicator plots key support and resistance levels based on the square root of price — a unique, mathematically-driven method rooted in price structure rather than traditional Fibonacci or percentage-based techniques.

Core Concept:
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Levels are calculated by applying the square root function to price, then multiplying or adding/subtracting scaled increments. This approach smooths volatility and reveals hidden levels of market significance that may not be visible with conventional tools.

Use Cases:
-------------
* Identify hidden support/resistance zones
* Time entries and exits based on price harmonics
* Complement other technical tools (like Fibonacci, Gann, or Pivot Points)

Customizable Settings:
----------------------------
* Base Price (Anchor)
* Increment/Multiplier
* Number of Levels
* Styling options for clean chart visuals

Whether you're a day trader or swing trader, this tool adds a mathematically unique perspective to your technical analysis.
Note di rilascio
Square Root - Based Levels Indicator
---------------------------------------------

This indicator plots key support and resistance levels based on the square root of price — a unique, mathematically-driven method rooted in price structure rather than traditional Fibonacci or percentage-based techniques.

Core Concept:
-----------------
Levels are calculated by applying the square root function to price, then multiplying or adding/subtracting scaled increments. This approach smooths volatility and reveals hidden levels of market significance that may not be visible with conventional tools.

Use Cases:
-------------
* Identify hidden support/resistance zones
* Time entries and exits based on price harmonics
* Complement other technical tools (like Fibonacci, Gann, or Pivot Points)

Customizable Settings:
----------------------------
* Base Price (Anchor)
* Increment/Multiplier
* Number of Levels
* Styling options for clean chart visuals

Whether you're a day trader or swing trader, this tool adds a mathematically unique perspective to your technical analysis.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.