OPEN-SOURCE SCRIPT
מעודכן Circles
Circles - Support & Resistance Levels
Overview
This indicator plots horizontal support and resistance levels based on W.D. Gann's mathematical approach of dividing 360 degrees by 2 and by 3. These divisions create natural price magnetism points that have historically acted as significant support and resistance levels across all markets and timeframes.
How It Works
360÷2 Levels (Blue): 5.63, 11.25, 33.75, 56.25, 78.75, etc.
360÷3 Levels (Red): 7.5, 15, 30, 37.5, 52.5, 60, 75, etc.
Both Levels (Yellow): 22.5, 45, 67.5, 90, 112.5, 135, 157.5, 180 - These are "doubly strong" as they appear in both calculations
Key Features
Auto-Scaling: Automatically adjusts for any price range (from $0.001 altcoins to $100K+ Bitcoin)
Manual Scaling: Choose from 0.001x to 1000x multipliers or set custom values
Full Customization: Colors, line widths, styles (solid/dashed/dotted)
Historical View: Option to show all levels regardless of current price
Clean Display: Adjustable label positioning and line extensions
Use Cases
Identify potential reversal zones before price reaches them
Set profit targets and stop losses at key mathematical levels
Confirm breakouts when price decisively moves through major levels
Works on all timeframes and all markets (stocks, crypto, forex, commodities)
Gann Theory
W.D. Gann believed that markets move in mathematical harmony based on geometric angles and time cycles. These 360-degree divisions represent natural balance points where price often finds support or resistance, making them valuable for both short-term trading and long-term analysis.
Perfect for traders who use:
Support/Resistance trading
Fibonacci levels
Pivot points
Mathematical/geometric analysis
Multi-timeframe analysis
Overview
This indicator plots horizontal support and resistance levels based on W.D. Gann's mathematical approach of dividing 360 degrees by 2 and by 3. These divisions create natural price magnetism points that have historically acted as significant support and resistance levels across all markets and timeframes.
How It Works
360÷2 Levels (Blue): 5.63, 11.25, 33.75, 56.25, 78.75, etc.
360÷3 Levels (Red): 7.5, 15, 30, 37.5, 52.5, 60, 75, etc.
Both Levels (Yellow): 22.5, 45, 67.5, 90, 112.5, 135, 157.5, 180 - These are "doubly strong" as they appear in both calculations
Key Features
Auto-Scaling: Automatically adjusts for any price range (from $0.001 altcoins to $100K+ Bitcoin)
Manual Scaling: Choose from 0.001x to 1000x multipliers or set custom values
Full Customization: Colors, line widths, styles (solid/dashed/dotted)
Historical View: Option to show all levels regardless of current price
Clean Display: Adjustable label positioning and line extensions
Use Cases
Identify potential reversal zones before price reaches them
Set profit targets and stop losses at key mathematical levels
Confirm breakouts when price decisively moves through major levels
Works on all timeframes and all markets (stocks, crypto, forex, commodities)
Gann Theory
W.D. Gann believed that markets move in mathematical harmony based on geometric angles and time cycles. These 360-degree divisions represent natural balance points where price often finds support or resistance, making them valuable for both short-term trading and long-term analysis.
Perfect for traders who use:
Support/Resistance trading
Fibonacci levels
Pivot points
Mathematical/geometric analysis
Multi-timeframe analysis
הערות שחרור
The code will now attempt to scale the range above and below what is detected. This way you can see more levels based on the current multiplier. הערות שחרור
Levels with a digital root of 9 now show in a different colour הערות שחרור
Rebuilt the code. Now it will show correctly on percentage based charts too! הערות שחרור
Small bug fixהערות שחרור
Fixed the auto scaling for a few charts. הערות שחרור
Minor Fixהערות שחרור
Bug fixהערות שחרור
Another bug fix for low caps in cryptoהערות שחרור
Another bug fixהערות שחרור
Another attempt at clean level identification checks הערות שחרור
Returning to an earlier version of the script which seemed to perform more consistently across charts until I have a better solution. הערות שחרור
Script updated. Way more reliable across different charts. Works with percentage charts too. There's also a repeat option to add levels on top of the range.
הערות שחרור
The nearest circle level now has a different style option so you can clearly see what the dominate level is. הערות שחרור
Made the text size consistent הערות שחרור
Updated the script so that if "Repeat levels" is turned on, it will always show the active level. הערות שחרור
Added filter - so you only need to see the nearest, active level. הערות שחרור
Summary of Changes1. Autofilter Enhancement
When Autofilter is enabled, now shows 3 levels instead of 1:
Active level (green, closest to price)
First level above active (gray)
First level below active (gray)
New inputs added under "Active Level Colors" group:
Adjacent Level Line Color (default: gray)
Adjacent Level Label Background (default: gray)
Adjacent Level Label Text (default: white)
2. Update on Candle Close Only
New toggle in "Mode Settings" group:
Update Levels on Candle Close Only (default: true)
When enabled, the active level and multiplier calculations lock to the confirmed close price and won't flicker/change during live candle formation.
3. Symbol-Specific Multiplier Overrides
New "Symbol Overrides" input group with 10 slots:
Symbol 1 + Multiplier 1
Symbol 2 + Multiplier 2
... through to Symbol 10 + Multiplier 10
How it works:
Enter symbol name (e.g., BTCUSDT.P, ETHUSDT, SPY)
Uses flexible matching (partial match works)
Override takes priority over Auto Mode when matched
Debug table added (top-right corner) showing:
Current symbol
Override status (YES/Auto)
Active multiplier value
4. Removed Features
Real-time price line
Mirror price line
Price-to-active-level box (gradient fill)
הערות שחרור
Small Bug Fixהערות שחרור
Updated the table so you compare the auto multiplier with the custom multiplier for more granular levels. סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.