OPEN-SOURCE SCRIPT
Sonarlab - Psych/Whole Number Levels
Aggiornato
Have you ever noticed that prices seem to stick to certain “round numbers” like $1250, $1300, or $1350? It’s not just your imagination — these round numbers can actually act as psychological levels in the market, influencing trader behavior and shaping price action.
But why do traders care so much about these round numbers? It all comes down to our psychological wiring. Humans are naturally drawn to symmetry and simplicity, and round numbers offer a nice, neat way to measure price levels. Plus, these levels often coincide with important milestones or historical levels of support and resistance, giving them even more psychological weight.
To help you take advantage of these psychological levels in your trading, we’ve created a free TradingView indicator that automatically plots round numbers on your chart. Whether you’re a seasoned trader or just starting out, this indicator can give you a valuable edge in the market.
Here’s how the Indicator works:
1. Install the indicator on your TradingView chart. You can find it in the public library by searching for “Round Numbers Indicator”.
2. Select your preferred round numbers and customize the appearance of the indicator to fit your chart. The default settings are already set good.
3. Watch as the round numbers dynamically adjust to the current price action, providing you with a clear view of the market’s psychological levels.
But why do traders care so much about these round numbers? It all comes down to our psychological wiring. Humans are naturally drawn to symmetry and simplicity, and round numbers offer a nice, neat way to measure price levels. Plus, these levels often coincide with important milestones or historical levels of support and resistance, giving them even more psychological weight.
To help you take advantage of these psychological levels in your trading, we’ve created a free TradingView indicator that automatically plots round numbers on your chart. Whether you’re a seasoned trader or just starting out, this indicator can give you a valuable edge in the market.
Here’s how the Indicator works:
1. Install the indicator on your TradingView chart. You can find it in the public library by searching for “Round Numbers Indicator”.
2. Select your preferred round numbers and customize the appearance of the indicator to fit your chart. The default settings are already set good.
3. Watch as the round numbers dynamically adjust to the current price action, providing you with a clear view of the market’s psychological levels.
Note di rilascio
- Added alertsNote di rilascio
- Minor bug fixesScript open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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.