RB 2MV Frequency Levels from Daily Open Price
- Indicatori
- Versione: 1.2
- Attivazioni: 5
RB 2MV — Frequency Levels Indicator
A clean, professional indicator that automatically draws percentage-based support and resistance levels calculated from the daily open price. Used by institutional and professional traders to identify key reaction zones throughout the trading day.
HOW IT WORKS
The indicator calculates the day's opening price and draws horizontal lines at fixed percentage distances above and below:
+4.0% | +3.5% | +3.0% | +2.5% | +2.0% | +1.5% | +1.0% | +0.5%
——————————— DAILY OPEN ———————————
-0.5% | -1.0% | -1.5% | -2.0% | -2.5% | -3.0% | -3.5% | -4.0%
Total: 17 lines (1 open + 8 pairs above/below)
Lines update automatically when a new trading day begins.
KEY FEATURES
- Automatic daily open detection — no manual input needed
- 8 configurable percentage levels (0.5% to 4.0%)
- Enable/disable each level individually
- Color-coded: green shades above, red shades below, gold for open
- Smart line styles: dotted (near), dashed (mid), dash-dot (far)
- Price labels showing percentage + exact price
- Fully customizable colors, width, font size
- Background mode — lines behind candles, never in the way
- Ultra-lightweight — zero lag, no buffer usage
- Works on ANY symbol and ANY timeframe
WORKS ON ANY MARKET
- Gold / Silver (XAUUSD, XAGUSD)
- Forex (EURUSD, GBPUSD, USDJPY, etc.)
- Indices (NAS100, SP500, JP225, DAX40)
- Crypto (BTCUSD, ETHUSD)
- Commodities (Oil, Gas)
- Stocks and ETFs
- Brazilian market (IBOVESPA, Mini Index, Mini Dollar)
IDEAL FOR
- Scalpers looking for intraday reaction zones
- Day traders planning entries and exits
- Swing traders identifying key daily levels
- Any strategy that uses price levels from the open
SUPPORT
Telegram: @RafaBoff_CNPI
Instagram: @rafabofftrader
By Rafael Boff — RB Investimentos
CNPI Certified Analyst
