MACRO_ZERO SYMBOL WATERMARK is a chart overlay indicator designed to display customizable text watermarks on trading charts. It can automatically show the current symbol name and timeframe or any user-defined custom text. The indicator supports two display modes: Symbol Name mode, which presents the instrument name with an optional timeframe label, and Custom Text mode for personalized labels such as trading names or strategy tags.
Users can run multiple independent instances of the indicator on the same chart, allowing for layered or multi-line watermark displays with different texts, positions, colors, and sizes. The watermark can be positioned in any of nine grid locations (top, middle, bottom combined with left, center, right) with pixel-level horizontal and vertical offset adjustments. Font size ranges from 8 to 300, and color customization includes full control over red, green, blue, and alpha (transparency) channels.
This lightweight indicator helps maintain clean and professional chart layouts by providing flexible, visually adjustable watermarking options without cluttering the chart workspace.