Min-Max | Buy-Sell Alert with Levels

Description:
The Min-Max | Buy-Sell Alert with Levels indicator is a powerful tool designed to help traders identify key levels of support and resistance based on the previous day's high and low prices. It plots horizontal lines for the previous day's minimum (Min) and maximum (Max) prices, along with four intermediate levels (Stop Loss 1 to Stop Loss 4) calculated as equal percentage steps between the Min and Max.
This indicator is perfect for traders who want to:
Identify potential entry points when the price returns within the Min-Max range.
Set stop-loss levels based on the calculated intermediate levels.
Receive alerts for buy, sell, and stop-loss conditions.
Key Features:
Previous Day's Min and Max Lines:
Automatically plots the Min (red line) and Max (green line) of the previous day.
These levels act as dynamic support and resistance zones.
Intermediate Stop Loss Levels:
Calculates and plots four intermediate levels (Stop Loss 1 to Stop Loss 4) between the Min and Max.
Each level is equally spaced, representing potential stop-loss or take-profit zones.
Customizable Alerts:
Buy Alert: Triggered when the price returns within the Min-Max range after breaking below the Min.
Sell Alert: Triggered when the price returns within the Min-Max range after breaking above the Max.
Stop Loss Alerts: Triggered when the price reaches any of the four intermediate levels (Stop Loss 1 to Stop Loss 4).
Customizable Appearance:
Adjust the thickness, color, and style (solid, dashed, dotted) of the lines.
Customize the colors of the Stop Loss labels for better visualization.
Labels on the Chart:
Displays "Buy" and "Sell" labels on the chart when the respective conditions are met.
Labels for Stop Loss levels are also displayed for easy reference.
How to Use:
Add the indicator to your chart.
Customize the settings (line colors, thickness, and alert preferences) in the indicator's settings panel.
Use the Min and Max lines as dynamic support and resistance levels.
Monitor the intermediate levels (Stop Loss 1 to Stop Loss 4) for potential stop-loss or take-profit zones.
Set up alerts for Buy, Sell, and Stop Loss conditions to stay informed about key price movements.
Why Use This Indicator?
Simple and Effective: Focuses on the most important levels from the previous day.
Customizable: Tailor the indicator to match your trading style and preferences.
Alerts: Never miss a trading opportunity with customizable alerts for key conditions.
Settings:
Line Thickness: Adjust the thickness of the Min, Max, and intermediate lines.
Line Colors: Customize the colors of the Min, Max, and intermediate lines.
Line Style: Choose between solid, dashed, or dotted lines.
Stop Loss Label Colors: Customize the colors of the Stop Loss labels.
Alerts: Enable or disable alerts for Buy, Sell, and Stop Loss conditions.
Ideal For:
Day traders and swing traders.
Traders who rely on support and resistance levels.
Anyone looking for a clear and customizable tool to identify key price levels.
Disclaimer:
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always conduct your own analysis and trade responsibly.
Get Started Today!
Add the Min-Max | Buy-Sell Alert with Levels indicator to your chart and take your trading to the next level. Customize it to fit your strategy and never miss a key trading opportunity again!
A professional intraday trading indicator that identifies yesterday's high/low levels, dynamic
stop-loss zones, and SMA crossovers - delivering clear visual signals and audio alerts for precise
trade entries.
Key Features
Yesterday's Key Levels
Plots automatic support (previous low) and resistance (previous high) reference lines
Smart Stop-Loss Grid
Calculates 4 dynamic stop-loss levels between yesterday's range for risk management
SMA with Deviation Bands
Customizable SMA (20 period default) with optional standard deviation bands for trend
confirmation
Multi-Condition Alerts
Breakout Alerts: When price re-enters after breaking yesterday's high/low
NewBuy/NewSell: Triggers at stop-loss levels with SMA confirmation
SMA Cross Alerts: For trend reversal detection
Stop-Loss Level Alerts: 4 customizable warning zones
Complete Customization
Adjustable colors, line styles, and alert toggles
Works on all instruments and intraday timeframes
Ideal For: Day traders, scalpers, and swing traders looking for institutional-grade reference levels with actionable alerts.
Note: Best performance on 15m-1h charts. Alerts work on real-time data only.
Infinite MSG,
multiple Newsell and newBuy alerts per line,
It doesn't work on charts over 1 day.
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Removable extra lines
Fixed Alerts
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.