INVITE-ONLY SCRIPT

Institutional Quarter Levels (21st)

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• This indicator is designed to be used on the Daily timeframe (1D) for best accuracy.
• It automatically plots Quarterly High & Low levels based on the 21st day of each quarter month (March, June, September, December).
• If the 21st is a non-trading day (holiday/weekend), the script intelligently selects the closest available trading day (either before or after the 21st).
• Line colors indicate the relevance of levels:
– Black dashed lines → Current year
– Blue dashed lines → Previous year
– Red dashed lines → Older historical years
• Levels are intended to act as reference support/resistance zones, not as standalone buy/sell signals.

Important Notes:
• Do not use this indicator on intraday timeframes for decision-making.
• Always combine these levels with price action, volume, trend, or other technical tools.
• This script does not repaint once a quarterly level is plotted.

Disclaimer:
This indicator is for educational and analytical purposes only. It does not constitute financial advice. Trading involves risk.

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