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Market Generated Information

153
Credits
Original Author: mcthatsme
Remixed to add in London's High and Low

Overview

The Market Generated Information (MGI Levels v2) is a comprehensive technical analysis. It overlays key price levels from daily, weekly, and monthly timeframes on a chart, providing traders with critical market reference points such as Open, High, Low, Close, Volume Weighted Average Price (VWAP), and standard deviation bands. These levels help traders identify potential support, resistance, and pivot points for intraday and longer-term trading strategies. The indicator is highly customizable, allowing users to tailor the displayed levels, colors, line styles, and label settings to their preferences.

Features

Multi-Timeframe Levels: Displays key price levels from daily, weekly, and monthly sessions, including Open, High, Low, Close, VWAP, and VWAP standard deviation bands (SD1, SD2, SD3).

Session-Based Calculations: Supports Regular Trading Hours (RTH) and Extended Trading Hours (ETH) for stocks and futures, with specific session times for New York, London, and overnight sessions.

Customizable Display: Users can toggle the visibility of specific levels, adjust line styles (solid, dashed, dotted), colors, thicknesses, and label settings (size, offset, and price inclusion).

Opening Range and Initial Balance: Plots the Opening Range (default: 9:30–10:00 AM EST) and Initial Balance (default: 9:30–10:30 AM EST) for intraday traders.

Tested Level Tracking: Optionally tracks untested or tested levels, hiding or showing them based on user preferences.

Overnight and T+2 Levels: Includes overnight high/low and T+2 (two days prior) levels for additional context.

VWAP Calculations: Computes VWAP and its standard deviation bands for daily, weekly, and monthly periods.

Holiday and Session Filters: Adjusts for market-specific conditions, such as Good Friday or shortened trading sessions.

Inputs and Customization

The indicator is organized into three main groups: Daily Levels, Weekly Levels, and Monthly Levels. Each group allows users to configure the following:

Visibility: Toggle whether to show levels (e.g., Show Daily Levels, Show Weekly Levels).

Session Times: Define session ranges (e.g., New York RTH: 9:30 AM–4:00 PM EST, Opening Range: 9:30–10:00 AM EST).

Line and Label Settings: Customize line colors, styles (solid, dashed, dotted), thickness, label text size (Tiny, Small, Normal, Large, Huge), label offset, and whether to include price values in labels.

Number of Periods: Specify how many previous days (1–40), weeks (1–20), or months (1–12) to display.

Tested/Untested Levels: Choose to keep untested levels or show tested levels (Open, High, Low, Close).

Timeframe for Calculations: Option to use a 30-second or 1-minute timeframe for Opening Range and Initial Balance calculations to accommodate different TradingView plans.

Key Levels

Daily Levels: Includes Current Day High/Low, Previous Day High/Low, Opening Range High/Mid/Low, Initial Balance High/Mid/Low, Globex Open, RTH Open, Midnight Open, London Open/Close/High/Low, Previous Day 50% (HL2/OC2), T+2 Open/Close/High/Low, Overnight High/Low, RTH Close, 5 PM Close, and VWAP with standard deviation bands.

Weekly Levels: Previous Week High/Low, 50% (HL2/OC2), Current Week Open, Previous Week Close, and VWAP with standard deviation bands.

Monthly Levels: Previous Month High/Low, 50% (HL2/OC2), Current Month Open, Previous Month Close, and VWAP with standard deviation bands.

Troubleshooting

Levels Not Displaying: Check if the timeframe is ≤ 30 minutes for daily levels and ensure session times are correct for your market.

Incorrect Prices: Verify that extended hours are enabled for ETH charts or disabled for RTH-only charts.

Too Many Lines/Labels: Reduce the number of previous days/weeks/months or disable unneeded levels.

Session Errors: Ensure session times are in UTC-5 (New York time) and match your asset’s trading hours.

License

This script is licensed under the Mozilla Public License 2.0. See mozilla.org/MPL/2.0/ for details.
Note di rilascio
Credits
Original Author: mcthatsme
Remixed to add in London's High and Low

Overview

The Market Generated Information (MGI Levels v2) is a comprehensive technical analysis. It overlays key price levels from daily, weekly, and monthly timeframes on a chart, providing traders with critical market reference points such as Open, High, Low, Close, Volume Weighted Average Price (VWAP), and standard deviation bands. These levels help traders identify potential support, resistance, and pivot points for intraday and longer-term trading strategies. The indicator is highly customizable, allowing users to tailor the displayed levels, colors, line styles, and label settings to their preferences.

Features

Multi-Timeframe Levels: Displays key price levels from daily, weekly, and monthly sessions, including Open, High, Low, Close, VWAP, and VWAP standard deviation bands (SD1, SD2, SD3).

Session-Based Calculations: Supports Regular Trading Hours (RTH) and Extended Trading Hours (ETH) for stocks and futures, with specific session times for New York, London, and overnight sessions.

Customizable Display: Users can toggle the visibility of specific levels, adjust line styles (solid, dashed, dotted), colors, thicknesses, and label settings (size, offset, and price inclusion).

Opening Range and Initial Balance: Plots the Opening Range (default: 9:30–10:00 AM EST) and Initial Balance (default: 9:30–10:30 AM EST) for intraday traders.

Tested Level Tracking: Optionally tracks untested or tested levels, hiding or showing them based on user preferences.

Overnight and T+2 Levels: Includes overnight high/low and T+2 (two days prior) levels for additional context.

VWAP Calculations: Computes VWAP and its standard deviation bands for daily, weekly, and monthly periods.

Holiday and Session Filters: Adjusts for market-specific conditions, such as Good Friday or shortened trading sessions.

Inputs and Customization

The indicator is organized into three main groups: Daily Levels, Weekly Levels, and Monthly Levels. Each group allows users to configure the following:

Visibility: Toggle whether to show levels (e.g., Show Daily Levels, Show Weekly Levels).

Session Times: Define session ranges (e.g., New York RTH: 9:30 AM–4:00 PM EST, Opening Range: 9:30–10:00 AM EST).

Line and Label Settings: Customize line colors, styles (solid, dashed, dotted), thickness, label text size (Tiny, Small, Normal, Large, Huge), label offset, and whether to include price values in labels.

Number of Periods: Specify how many previous days (1–40), weeks (1–20), or months (1–12) to display.

Tested/Untested Levels: Choose to keep untested levels or show tested levels (Open, High, Low, Close).

Timeframe for Calculations: Option to use a 30-second or 1-minute timeframe for Opening Range and Initial Balance calculations to accommodate different TradingView plans.

Key Levels

Daily Levels: Includes Current Day High/Low, Previous Day High/Low, Opening Range High/Mid/Low, Initial Balance High/Mid/Low, Globex Open, RTH Open, Midnight Open, London Open/Close/High/Low, Previous Day 50% (HL2/OC2), T+2 Open/Close/High/Low, Overnight High/Low, RTH Close, 5 PM Close, and VWAP with standard deviation bands.

Weekly Levels: Previous Week High/Low, 50% (HL2/OC2), Current Week Open, Previous Week Close, and VWAP with standard deviation bands.

Monthly Levels: Previous Month High/Low, 50% (HL2/OC2), Current Month Open, Previous Month Close, and VWAP with standard deviation bands.

Troubleshooting

Levels Not Displaying: Check if the timeframe is ≤ 30 minutes for daily levels and ensure session times are correct for your market.

Incorrect Prices: Verify that extended hours are enabled for ETH charts or disabled for RTH-only charts.

Too Many Lines/Labels: Reduce the number of previous days/weeks/months or disable unneeded levels.

Session Errors: Ensure session times are in UTC-5 (New York time) and match your asset’s trading hours.

License

This script is licensed under the Mozilla Public License 2.0. See mozilla.org/MPL/2.0/ for details.
Note di rilascio
Credits
Original Author: mcthatsme
Remixed to add in London's High and Low

Overview

The Market Generated Information (MGI Levels v2) is a comprehensive technical analysis. It overlays key price levels from daily, weekly, and monthly timeframes on a chart, providing traders with critical market reference points such as Open, High, Low, Close, Volume Weighted Average Price (VWAP), and standard deviation bands. These levels help traders identify potential support, resistance, and pivot points for intraday and longer-term trading strategies. The indicator is highly customizable, allowing users to tailor the displayed levels, colors, line styles, and label settings to their preferences.

Features

Multi-Timeframe Levels: Displays key price levels from daily, weekly, and monthly sessions, including Open, High, Low, Close, VWAP, and VWAP standard deviation bands (SD1, SD2, SD3).

Session-Based Calculations: Supports Regular Trading Hours (RTH) and Extended Trading Hours (ETH) for stocks and futures, with specific session times for New York, London, and overnight sessions.

Customizable Display: Users can toggle the visibility of specific levels, adjust line styles (solid, dashed, dotted), colors, thicknesses, and label settings (size, offset, and price inclusion).

Opening Range and Initial Balance: Plots the Opening Range (default: 9:30–10:00 AM EST) and Initial Balance (default: 9:30–10:30 AM EST) for intraday traders.

Tested Level Tracking: Optionally tracks untested or tested levels, hiding or showing them based on user preferences.

Overnight and T+2 Levels: Includes overnight high/low and T+2 (two days prior) levels for additional context.

VWAP Calculations: Computes VWAP and its standard deviation bands for daily, weekly, and monthly periods.

Holiday and Session Filters: Adjusts for market-specific conditions, such as Good Friday or shortened trading sessions.

Inputs and Customization

The indicator is organized into three main groups: Daily Levels, Weekly Levels, and Monthly Levels. Each group allows users to configure the following:

Visibility: Toggle whether to show levels (e.g., Show Daily Levels, Show Weekly Levels).

Session Times: Define session ranges (e.g., New York RTH: 9:30 AM–4:00 PM EST, Opening Range: 9:30–10:00 AM EST).

Line and Label Settings: Customize line colors, styles (solid, dashed, dotted), thickness, label text size (Tiny, Small, Normal, Large, Huge), label offset, and whether to include price values in labels.

Number of Periods: Specify how many previous days (1–40), weeks (1–20), or months (1–12) to display.

Tested/Untested Levels: Choose to keep untested levels or show tested levels (Open, High, Low, Close).

Timeframe for Calculations: Option to use a 30-second or 1-minute timeframe for Opening Range and Initial Balance calculations to accommodate different TradingView plans.

Key Levels

Daily Levels: Includes Current Day High/Low, Previous Day High/Low, Opening Range High/Mid/Low, Initial Balance High/Mid/Low, Globex Open, RTH Open, Midnight Open, London Open/Close/High/Low, Previous Day 50% (HL2/OC2), T+2 Open/Close/High/Low, Overnight High/Low, RTH Close, 5 PM Close, and VWAP with standard deviation bands.

Weekly Levels: Previous Week High/Low, 50% (HL2/OC2), Current Week Open, Previous Week Close, and VWAP with standard deviation bands.

Monthly Levels: Previous Month High/Low, 50% (HL2/OC2), Current Month Open, Previous Month Close, and VWAP with standard deviation bands.

Troubleshooting

Levels Not Displaying: Check if the timeframe is ≤ 30 minutes for daily levels and ensure session times are correct for your market.

Incorrect Prices: Verify that extended hours are enabled for ETH charts or disabled for RTH-only charts.

Too Many Lines/Labels: Reduce the number of previous days/weeks/months or disable unneeded levels.

Session Errors: Ensure session times are in UTC-5 (New York time) and match your asset’s trading hours.

License

This script is licensed under the Mozilla Public License 2.0. See mozilla.org/MPL/2.0/ for details.
Note di rilascio
Credits
Original Author: mcthatsme
Remixed to add in London's High and Low

Overview

The Market Generated Information (MGI Levels v2) is a comprehensive technical analysis. It overlays key price levels from daily, weekly, and monthly timeframes on a chart, providing traders with critical market reference points such as Open, High, Low, Close, Volume Weighted Average Price (VWAP), and standard deviation bands. These levels help traders identify potential support, resistance, and pivot points for intraday and longer-term trading strategies. The indicator is highly customizable, allowing users to tailor the displayed levels, colors, line styles, and label settings to their preferences.

Features

Multi-Timeframe Levels: Displays key price levels from daily, weekly, and monthly sessions, including Open, High, Low, Close, VWAP, and VWAP standard deviation bands (SD1, SD2, SD3).

Session-Based Calculations: Supports Regular Trading Hours (RTH) and Extended Trading Hours (ETH) for stocks and futures, with specific session times for New York, London, and overnight sessions.

Customizable Display: Users can toggle the visibility of specific levels, adjust line styles (solid, dashed, dotted), colors, thicknesses, and label settings (size, offset, and price inclusion).

Opening Range and Initial Balance: Plots the Opening Range (default: 9:30–10:00 AM EST) and Initial Balance (default: 9:30–10:30 AM EST) for intraday traders.

Tested Level Tracking: Optionally tracks untested or tested levels, hiding or showing them based on user preferences.

Overnight and T+2 Levels: Includes overnight high/low and T+2 (two days prior) levels for additional context.

VWAP Calculations: Computes VWAP and its standard deviation bands for daily, weekly, and monthly periods.

Holiday and Session Filters: Adjusts for market-specific conditions, such as Good Friday or shortened trading sessions.

Inputs and Customization

The indicator is organized into three main groups: Daily Levels, Weekly Levels, and Monthly Levels. Each group allows users to configure the following:

Visibility: Toggle whether to show levels (e.g., Show Daily Levels, Show Weekly Levels).

Session Times: Define session ranges (e.g., New York RTH: 9:30 AM–4:00 PM EST, Opening Range: 9:30–10:00 AM EST).

Line and Label Settings: Customize line colors, styles (solid, dashed, dotted), thickness, label text size (Tiny, Small, Normal, Large, Huge), label offset, and whether to include price values in labels.

Number of Periods: Specify how many previous days (1–40), weeks (1–20), or months (1–12) to display.

Tested/Untested Levels: Choose to keep untested levels or show tested levels (Open, High, Low, Close).

Timeframe for Calculations: Option to use a 30-second or 1-minute timeframe for Opening Range and Initial Balance calculations to accommodate different TradingView plans.

Key Levels

Daily Levels: Includes Current Day High/Low, Previous Day High/Low, Opening Range High/Mid/Low, Initial Balance High/Mid/Low, Globex Open, RTH Open, Midnight Open, London Open/Close/High/Low, Previous Day 50% (HL2/OC2), T+2 Open/Close/High/Low, Overnight High/Low, RTH Close, 5 PM Close, and VWAP with standard deviation bands.

Weekly Levels: Previous Week High/Low, 50% (HL2/OC2), Current Week Open, Previous Week Close, and VWAP with standard deviation bands.

Monthly Levels: Previous Month High/Low, 50% (HL2/OC2), Current Month Open, Previous Month Close, and VWAP with standard deviation bands.

Troubleshooting

Levels Not Displaying: Check if the timeframe is ≤ 30 minutes for daily levels and ensure session times are correct for your market.

Incorrect Prices: Verify that extended hours are enabled for ETH charts or disabled for RTH-only charts.

Too Many Lines/Labels: Reduce the number of previous days/weeks/months or disable unneeded levels.

Session Errors: Ensure session times are in UTC-5 (New York time) and match your asset’s trading hours.

License

This script is licensed under the Mozilla Public License 2.0. See mozilla.org/MPL/2.0/ for details.

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.