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√ Square Root Levels

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Square Root - Based Levels Indicator
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This indicator plots key support and resistance levels based on the square root of price — a unique, mathematically-driven method rooted in price structure rather than traditional Fibonacci or percentage-based techniques.

Core Concept:
-----------------
Levels are calculated by applying the square root function to price, then multiplying or adding/subtracting scaled increments. This approach smooths volatility and reveals hidden levels of market significance that may not be visible with conventional tools.

Use Cases:
-------------
* Identify hidden support/resistance zones
* Time entries and exits based on price harmonics
* Complement other technical tools (like Fibonacci, Gann, or Pivot Points)

Customizable Settings:
----------------------------
* Base Price (Anchor)
* Increment/Multiplier
* Number of Levels
* Styling options for clean chart visuals

Whether you're a day trader or swing trader, this tool adds a mathematically unique perspective to your technical analysis.
הערות שחרור
Square Root - Based Levels Indicator
---------------------------------------------

This indicator plots key support and resistance levels based on the square root of price — a unique, mathematically-driven method rooted in price structure rather than traditional Fibonacci or percentage-based techniques.

Core Concept:
-----------------
Levels are calculated by applying the square root function to price, then multiplying or adding/subtracting scaled increments. This approach smooths volatility and reveals hidden levels of market significance that may not be visible with conventional tools.

Use Cases:
-------------
* Identify hidden support/resistance zones
* Time entries and exits based on price harmonics
* Complement other technical tools (like Fibonacci, Gann, or Pivot Points)

Customizable Settings:
----------------------------
* Base Price (Anchor)
* Increment/Multiplier
* Number of Levels
* Styling options for clean chart visuals

Whether you're a day trader or swing trader, this tool adds a mathematically unique perspective to your technical analysis.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.