PriceLevels

This indicator draws horizontal reference lines at fixed 100-pip intervals, based on the classic idea that round numbers (.000, .500) and near-round numbers (.100/.900, .200/.800) tend to act as psychological support/resistance zones where retail stop hunts, liquidity grabs, and reactions commonly cluster.

Each level is labeled with its role so you can read the chart at a glance:

• .000 — The Wall: major round number, often a zone of rejection.
• .200 / .800 — The Hot Zone: a common area to watch for entry confirmation via price action or volume signals.
• .500 — The Exit: mid-level, often used as a partial take-profit reference.
• .100 / .900 — The Trap: a level prone to fakeouts and stop hunts — a caution zone rather than an entry signal.
• Optional minor grid lines at every remaining .X00 level for additional context.

Features

• Works on any symbol and mostly used on 15Min timeframe
• Automatically adapts to each symbol's digits/point value, so spacing is correct on 3, 4, and 5-digit pairs alike
• Lines update in place with no flicker or redraw lag
• Fully configurable color, style, and width per zone type
• Optional minor grid for finer-grained round-number levels
• Lightweight: no DLL calls, no external dependencies

Inputs

• LookbackPips — how many pips above/below the current price to draw
• Per-zone color / line style / line width settings for Wall, Hot Zone, Exit, and Trap
• ShowMinorGrid — toggle minor round-number levels on/off, with independent styling

How to use
This tool is a visual reference only — it does not generate trade signals. Many traders use round-number zones alongside price action, volume, or market structure analysis to judge where reactions are more likely. Combine with your own confirmation method rather than trading the levels blindly.

Disclaimer
This indicator is provided for informational and educational purposes only. It does not constitute financial advice, and past price behavior at these levels is not indicative of future results. Trading involves risk of loss.