Round Numbers Support & Resistance Indicator
This powerful indicator automatically plots horizontal support and resistance lines at psychologically important round number levels on your chart. As any experienced trader knows, prices tend to react strongly at round numbers like 1.2000, 1.2100, 1.2050 because these levels represent psychological barriers where traders place orders.
What it does in simple terms: 📊 Draws three types of lines based on pip intervals you choose:
- Major levels (red, solid lines) - The strongest psychological levels (typically every 100 pips)
- Minor levels (blue, dotted lines) - Secondary levels (typically every 50 pips)
- Trace levels (white, sparse dots) - Finer levels (typically every 25 pips)
Key Features:
✅ Fully customizable pip intervals for each level type
✅ Choose your own colors and line styles for perfect chart visibility
✅ Automatically updates as price moves to always show relevant levels
✅ Clean, professional appearance that won't clutter your charts
✅ Works on all timeframes and currency pairs
✅ Put 0 to hide unwanted levels
5 | 100 % | |
4 | 0 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
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