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THADI: SPX Auto S & R Consolidation & Range Highlighter -Detailed Settings

Custom Indicators

Detailed Settings

Global Settings

  • Line Width: Choose between Small, Medium, and Large.
  • Line Style: Options include Solid, Dashed, and Dotted.
  • Text Size: Options include Small, Medium, and Large.
  • Label Position: Choose to place labels at the Top or Right of the price levels.
  • Hide Prices: Option to hide price labels on levels.
  • Global Shorthand: Enable to use abbreviated labels.
  • Global Coloring: Enable same color for all levels and set the global color.

Premarket Levels

  • Premarket High/Low: Enable or disable the display of premarket high and low levels.
  • ShortHand: Use shorthand labels for premarket levels.
  • Color: Set the color for premarket levels.

Daily Levels

  • Today Levels: Toggle the display of today's open, high, low, and close levels.
  • Yesterday Levels: Toggle the display of yesterday's open, high, low, and close levels.
  • Previous Days Levels: Enable levels for the previous three days.
  • ShortHand: Use shorthand labels for daily levels.
  • Color: Set the color for daily levels, yesterday's levels, and previous days' levels.

Weekly Levels

  • Last Week Levels: Toggle the display of the last week's open, high, low, and close levels.
  • ShortHand: Use shorthand labels for weekly levels.
  • Color: Set the color for weekly levels.

Monthly Levels

  • Last Month Levels: Toggle the display of the last month's open, high, low, and close levels.
  • ShortHand: Use shorthand labels for monthly levels.
  • Color: Set the color for monthly levels.

Moving Averages

  • Toggle Moving Averages: Enable or disable the display of 8 EMA, 21 EMA, 50 SMA, 100 SMA, and 200 SMA.
  • ShortHand: Use shorthand labels for moving average levels.
  • Color: Set the color for moving averages.

User-Defined Range Breakout (UDRB)

  • Enable UDRB: Turn on/off the user-defined range breakout levels.
  • Session Time: Define the time range for the user-defined range breakout.
  • Hide Label: Option to hide UDRB labels.

First Hour Range

  • Enable First Hour Range: Turn on/off the first hour range highlight.
  • Show First Hour Range Fill: Option to fill the range between the high and low of the first hour with a background color.

Daily Percent Levels

  • Normalized Source: Choose the source for normalization (e.g., Today’s Open, Yesterday’s Close, Each New Session).
  • Whole Percentages: Set the line style, width, and color for each 1% increment.
  • Fractional Percentages: Enable and set the type (Eighths, Quarters, Halves) with corresponding style and color.
  • Custom Range: Define a custom percentage range for additional analysis. Set the colors and percentages for the custom range.
  • Anomalous Levels: Set a threshold for what you consider an anomalous move, and configure the color and percentage for these levels.

Consolidation Support and Resistance

  • ATR Length: Set the length for the Average True Range.
  • Range Multiplier: Define the range multiplier for consolidation.
  • EMA Lengths: Set lengths for short and long EMAs.
  • Angle Threshold: Define the angle threshold for EMA proximity.
  • Background Color: Enable/disable background color for consolidation range.
  • Support & Resistance Thickness: Set the thickness of support and resistance lines.

Potential Reversion & Initial Profit Signal

  • Length: Set the Short & Long length for the  used in reversion signals.
  • Distance Threshold: Set the percentage distance threshold for signals.
  • Color: Set the color for reversion signals.

Volume Oscillator

  • Enable Volume Oscillator: Plot the volume oscillator on the chart.
  • Length: Set the length for the volume oscillator.
  • Multiplier: Define the multiplier for the volume oscillator.
  • Shapes: Toggle the display of volume oscillator cross shapes.

Candle Color Change

  • Enable Candle Color Change: Change candle colors to indicate high volume.
  • Length: Set the lookback period for volume comparison.
  • Multiplier: Define the volume multiplier for high volume detection.
  • Up Color: Set the color for up candles.
  • Down Color: Set the color for down candles.
  • Up High Volume Color: Set the color for up candles with high volume.
  • Down High Volume Color: Set the color for down candles with high volume.

Crossing Moving Averages Alerts

  • Enable Alerts: Enable or disable alerts for crossing moving averages.
  • Moving Averages: Choose which moving averages to monitor for crossovers.
  • Alert Message: Customize the alert message for crossovers.

ATR Zones

  • Enable ATR Zones: Enable or disable ATR zones around key levels.
  • ATR Length: Set the length for the ATR calculation.
  • Zone Color: Set the color for ATR zones.
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