Previous Key Levels [UAlgo]

18 בפבר׳

🔶Description:

"Previous Key Levels [UAlgo]" serves as an indicator to identify and visualize previous key levels in the price action of financial instruments. These key levels include previous highs, lows, equilibrium points, and open prices across different timeframes such as daily, weekly, and monthly.

🔶Key Features:

Users have the flexibility to customize the visibility of these levels based on their preferences, including options to show only the last key levels or display all previous levels. The indicator also offers visual customization features allowing users to adjust colors for various elements such as highs, lows, equilibrium, and open prices.

Customizable Timeframes: Users can select their preferred timeframe (e.g., daily, weekly, monthly) to analyze previous key levels.

Flexible Visibility Options: Users can choose to display only the last key levels or show all previous levels based on their trading strategies.

Visual Customization: The indicator provides customizable color options for visual elements such as highs, lows, equilibrium, and open prices, allowing users to tailor the display to their preferences.



Disclaimer:

Not Financial Advice: This script is provided for educational purposes only and should not be considered financial advice. Traders should conduct their own research and/or consult with a qualified financial advisor before making any investment decisions based on this script.

Risk of Loss: Trading in financial markets involves risk of loss, and past performance is not indicative of future results. Users of this script should be aware of the risks involved in trading and should only trade with capital they can afford to lose.

No Guarantees: There is no guarantee of success or profitability when using this script. Market conditions can change rapidly, and trading results may vary.

Use at Own Risk: The author of this script (UAlgo) does not assume any responsibility for losses incurred as a result of using this script. Traders use this script at their own risk and discretion.