Overview
The Key Levels Indicator is built for traders who rely on higher‑timeframe anchors to guide intraday execution. It automatically identifies and draws horizontal lines for monthly, weekly, and daily highs and lows, giving you instant structural awareness across multiple timeframes. Each level is fully customizable, so you can tailor the visuals to match your playbook and workflow.
Key Features
- 🔹 Multi‑Timeframe Levels – Plots highs and lows from monthly, weekly, and daily bars.
- 🔹 Custom Lookback Periods – Choose how many past bars to include for each timeframe.
- 🔹 Visual Customization – Set individual colors, line styles, and thickness for monthly, weekly, and daily levels.
- 🔹 Labels Option – Toggle labels on/off for clear identification of each level.
- 🔹 Dynamic Updates – Levels refresh automatically as new bars close.
- 🔹 Clean Chart Integration – Lines are drawn directly on your chart for easy reference.
Benefits for Traders
- Anchors your intraday setups to objective higher‑timeframe levels.
- Reinforces discipline and conviction filters by showing only key structural points.
- Saves time by automating level plotting — no more manual drawing.
- Enhances clarity when combining multiple timeframe analysis.
Use Cases
- Intraday scalpers can align entries with daily or weekly levels.
- Swing traders can track monthly anchors for continuation setups.
- Playbook‑driven traders can integrate the indicator into their unified checklist for instant classification.
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