12H Midpoint Lines [Dire]

3 天前

**Overview:**

This indicator is designed to precisely identify and plot key intra-candle levels from 12-hour candles, projecting them onto your current chart. By visualizing the midpoints of the body, top wick, and bottom wick of these 12-hour candles, traders can gain insights into potential areas of support, resistance, or significant price activity from this higher timeframe.

**How It Works & Key Levels:**

For each 12-hour candle, this script calculates and draws up to three distinct horizontal lines:

1. **Body Midpoint:** The exact center of the candle's body `(Open + Close) / 2`.
* *Color Scheme:* Typically green (configurable).
2. **Top Wick Midpoint:** The midpoint of the upper wick, calculated as `(High + Top of Body) / 2`. This line only appears if a top wick exists.
* *Color Scheme:* Typically blue (configurable, shared with Bottom Wick Midpoint).
3. **Bottom Wick Midpoint:** The midpoint of the lower wick, calculated as `(Low + Bottom of Body) / 2`. This line only appears if a bottom wick exists.
* *Color Scheme:* Typically blue (configurable, shared with Top Wick Midpoint).

**Features:**

* **Comprehensive Midpoint Analysis:** Get a detailed view with three distinct levels per 12H candle.
* **Customizable Appearance:**
* **Colors:** Individually set colors for "Naked" (untouched) and "Touched" lines for Body midpoints and Wick (Top/Bottom) midpoints.
* **Line Thickness:** Adjust the visual weight of all lines.
* **Line Style:** Choose between "Solid," "Dashed," or "Dotted" line styles.
* **Dynamic Line Behavior:**
* **Naked Line Extension (Optional):** Untouched lines can be configured to extend indefinitely to the right, helping you anticipate future interactions.
* **Touched Line Termination:** Once a price level is touched by a subsequent candle, the line automatically stops at the point of intersection, clearly marking this event. If not extended, naked lines will draw to the current bar.
* **Optional Price Labels:**
* Display the precise price level of each line as a text label at its current endpoint.
* Customize label text color and size. (Note: Enabling labels for many lines may impact chart performance).
* **Higher Timeframe Insights:** Seamlessly overlay these significant 12-hour levels onto any active chart timeframe.
* **Historical Data & Performance:** The indicator plots lines for historical 12-hour candles and includes a mechanism to limit the maximum number of displayed lines to maintain optimal chart performance.

**How to Use:**

1. Add the "12H Midpoint Lines V4" indicator to your TradingView chart.
2. Access the indicator's settings (⚙️ icon) to customize colors, line appearance, label visibility, and the naked line extension feature.
3. Observe how price interacts with these dynamically drawn 12-hour midpoint levels, which can act as valuable reference points.

**Development Status:**

Please note that this indicator is a **work in progress.** I am continuously looking to refine its features and functionality. Your feedback and suggestions are highly welcome and can help improve future versions!

3 天前

發行說明

### 12H Midpoint Lines

**Overview:**

This indicator is designed to precisely identify and plot key intra-candle levels from 12-hour candles, projecting them onto your current chart. By visualizing the midpoints of the body, top wick, and bottom wick of these 12-hour candles, traders can gain insights into potential areas of support, resistance, or significant price activity from this higher timeframe.

**How It Works & Key Levels:**

For each 12-hour candle, this script calculates and draws up to three distinct horizontal lines:

1. **Body Midpoint:** The exact center of the candle's body `(Open + Close) / 2`.
* *Color Scheme:* Typically green (configurable).
2. **Top Wick Midpoint:** The midpoint of the upper wick, calculated as `(High + Top of Body) / 2`. This line only appears if a top wick exists.
* *Color Scheme:* Typically blue (configurable, shared with Bottom Wick Midpoint).
3. **Bottom Wick Midpoint:** The midpoint of the lower wick, calculated as `(Low + Bottom of Body) / 2`. This line only appears if a bottom wick exists.
* *Color Scheme:* Typically blue (configurable, shared with Top Wick Midpoint).

**Features:**

* **Comprehensive Midpoint Analysis:** Get a detailed view with three distinct levels per 12H candle.
* **Customizable Appearance:**
* **Colors:** Individually set colors for "Naked" (untouched) and "Touched" lines for Body midpoints and Wick (Top/Bottom) midpoints.
* **Line Thickness:** Adjust the visual weight of all lines.
* **Line Style:** Choose between "Solid," "Dashed," or "Dotted" line styles.
* **Dynamic Line Behavior:**
* **Naked Line Extension (Optional):** Untouched lines can be configured to extend indefinitely to the right, helping you anticipate future interactions.
* **Touched Line Termination:** Once a price level is touched by a subsequent candle, the line automatically stops at the point of intersection, clearly marking this event. If not extended, naked lines will draw to the current bar.
* **Optional Price Labels:**
* Display the precise price level of each line as a text label at its current endpoint.
* Customize label text color and size. (Note: Enabling labels for many lines may impact chart performance).
* **Higher Timeframe Insights:** Seamlessly overlay these significant 12-hour levels onto any active chart timeframe.
* **Historical Data & Performance:** The indicator plots lines for historical 12-hour candles and includes a mechanism to limit the maximum number of displayed lines to maintain optimal chart performance.

**How to Use:**

1. Add the "12H Midpoint Lines V4" indicator to your TradingView chart.
2. Access the indicator's settings (⚙️ icon) to customize colors, line appearance, label visibility, and the naked line extension feature.
3. Observe how price interacts with these dynamically drawn 12-hour midpoint levels, which can act as valuable reference points.

**Development Status:**

Please note that this indicator is a **work in progress.** I am continuously looking to refine its features and functionality. Your feedback and suggestions are highly welcome and can help improve future versions!

前天

發行說明

Candlestick Body and Wick Midpoints [Dire]

Overview:

This indicator reveals key intra-candle price levels by plotting the precise midpoints of each candle's body, top wick, and bottom wick. It operates on any timeframe, providing a dynamic and highly customizable map of potential support and resistance zones based on the structure of every bar.

Key Features:

• Triple Midpoint Analysis: Automatically draws three distinct lines for the Body, Top Wick, and Bottom Wick midpoints of every candle on your chart.
  
• Dynamic Line Behavior: Naked (untouched) lines extend to the current price, while Touched lines stop exactly where price first interacts, providing a clean historical record of interactions.
  
• Complete Style Control: Independently customize the visibility, color, thickness, and style (Solid, Dashed, Dotted) for both the Naked and Touched states of each of the three line types.
  
• "Naked Only" Mode: A powerful filter to instantly hide all touched lines, allowing you to focus exclusively on fresh, untested price levels.
  
• Performance Management: Includes a "Lookback Period" setting to control the number of historical lines drawn, ensuring smooth chart performance.
  

How to Use:

Add the indicator to your chart and open the settings (⚙️) to explore the extensive customization options. Tailor the visuals to your trading style and observe how price interacts with these detailed intra-candle levels. The price of each line is displayed on the chart's main price scale (Y-axis).

Personally used to assist in marking significant midpoints with horizontal rays.