Key Levels+ Psvra+ Fvg by Riotwolftrading

Key Levels+ Psvra+ Fvg by Riotwolftrading


This Pine Script indicator for TradingView is a handy tool that helps traders spot key price levels 📍 and important zones on a chart. It shows historical levels (high, low, mid) across different timeframes (daily, weekly, monthly, yearly) , highlights price imbalances (Fair Value Gaps or FVGs) , and colors candles based on volume to show market strength (PVSRA) . It also includes the VWAP (Volume Weighted Average Price) to track trends and support/resistance levels .

Simple Functionality
Key Levels 🔑

• Daily: High/low of the previous day & Monday .
  
• Weekly: High/low of the current & previous week .
  
• Monthly: High, low, open of the current & previous month .
  
• Yearly: Open, high, low, mid of the current & previous year .
  

You can choose to show these levels, extend lines , add labels , and change colors .

Fair Value Gaps (FVGs) based of source code of fadizeidan 📊
Finds zones where the price left "gaps" or imbalances (quick price moves with low volume) .
Draws these gaps as boxes on the chart in different timeframes (e.g., 15m, 90m, 240m) .

PVSRA (Price Volume Spread Analysis)
Colors candles based on volume to show market strength 💥:
Green/Blue for strong bullish candles 🟢🔵 (150% or 200% above average volume).
Red/Fuchsia for strong bearish candles 🔴🟣.
Gray/Black for normal volume candles ⚫⚪.
Helps you see if a price move has strong volume behind it 🚀.

VWAP (Volume Weighted Average Price)
Plots the VWAP line , which shows the average price weighted

Asian Session Range
Marks the high ⬆️ and low ⬇️ of the Asian session (default 2:00–9:00 Madrid time) with lines and a box .
Customize the timezone ⏳, colors 🎨, and how long to extend the lines ➡️.




How It Works ⚙️
Fetches price data (open, high, low, close) for different timeframes using request.security .
Calculates key levels by pulling historical highs, lows, and opens for daily, weekly, monthly, and yearly periods .
Detects FVGs by spotting price gaps with low volume, then draws them as boxes .
PVSRA colors candles based on volume to show market strength .
VWAP is calculated by averaging price weighted by volume, resetting based on the chosen period (e.g., new session, week) .
Lines, boxes, and labels update dynamically on the last bar to reflect the latest data .
This indicator is super customizable —you can turn features on/off, adjust timeframes, and change visuals to fit your trading style! Perfect for traders who use key levels, volume analysis, and price imbalances to make decisions .