OPEN-SOURCE SCRIPT
מעודכן

Price Guide NQ

757
### **Price Guide NQ - Indicator Description (English)**

The **Price Guide NQ** indicator is designed to plot horizontal guide lines at specific price levels based on the **daily opening price** of the Nasdaq (NQ) index. Instead of dynamically adjusting with each new candle, the levels remain fixed throughout the trading day, providing a stable reference for traders.

#### **Key Features:**
- **Daily Open-Based Levels**: The indicator captures the market's opening price each day and calculates the price guide levels from that fixed point.
- **Predefined Price Increments**: It plots **30 levels above and below** the opening price in increments of 10 points (e.g., 19810, 19820, 19830, etc.).
- **Clear Visualization**: The guide lines are drawn with a **dotted style** and a neutral **gray color** to avoid cluttering the chart while providing key reference levels.
- **Automatic Line Management**: Each time a new trading day starts, the previous day's lines are removed, and new ones are plotted based on the fresh opening price.

#### **Usage:**
This indicator is particularly useful for traders looking to identify psychological price levels or areas of potential support and resistance throughout the trading session.

Let me know if you'd like any modifications or enhancements! 🚀
הערות שחרור
New lines.
הערות שחרור
Fix Bugs.
הערות שחרור
Fix Bugs.
הערות שחרור
Fix bugs

כתב ויתור

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