JustUncleL

Sweetspot Gold R4-22 - by JustUncleL

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This upgrade I have attempted to improve the Automatic levels calculation and better automatic levels selections. It should now work better with exotic currencies, indices, commodities , and stocks.

The indicator plots the so called "round price levels" or "00" levels, which end on 00 and 50: for example, 1.4000, 1.4400, 1.4450. It automatically calculates the levels for based on your charts time frame. Alternatively you can manually select main level size (in pips) and/or the number of sub-levels (0, 1, 2, 3, 9). Generally speaking, the program tries to keep to 3 Digit "00" rounding for currencies and non-stocks, and 2 Digit "00" rounding for Stocks.

Use this indicator as a guidance to a better mapping of Support/Resistance levels on the chart. Next time you draw Support/Resistance lines, if they coincide with round price levels, especially "00", you have got a excellent S/R level to work with!
Release Notes: ...Minor update
  • Changed Sublevel input to an options list of specific numbers (0,1,3,4,9).
  • Minor adjustment to automatic default sublevels.
  • Removed Limit restrictions for major Levels.
  • Added implied copyright notice.
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JustUncleL

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Dear Uncle, :)

I stumbled upon your scalping scripts where you recommend SweetSpot Gold10 is this the updated version?


Many thanks
Kobalticus
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JustUncleL kobaltttt
@kobaltttt, Yes this and "Sweetspot Gold RN" (no sub levels version) are the most recent versions.
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kobaltttt JustUncleL
@JustUncleL, Thanks!
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Hey I was wondering do you have any scripts that are profitable for crypto trading. I recently purchased haasbot from haasbotonline.com and I am in search of a script that I can input to do the same strategy that you have formulated is there any way you can help me?
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JustUncleL DIGIVESTMENTS
@DIGIVESTMENTS, Sorry I have no experience with crypto trading.
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I am your fan...
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fenomenale.....
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