OPEN-SOURCE SCRIPT

Target 0.5%

502
This indicator plots two lines relative to the current closing price:

Top Line (Red): Placed above the closing price by a user-defined percentage (default is 0.5%), representing a potential resistance or target level.

Bottom Line (Green): Placed below the closing price by the same percentage, representing a potential support level.

Each line is labeled on the latest bar with its corresponding price, making it easier to visualize key price levels. This tool can be helpful for setting price targets, identifying support/resistance zones, and managing risk in your trading strategy.

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