PinPoint Level

Pinpoint Level is the indicator for Day Traders and Scalpers. Developed to deliver precision when entering or exiting trades without the need for manual configuration. Just drag it onto the chart and it will instantly map the most critical price zones for the current session.

Ideal for Forex, Indices, and Cryptocurrencies, it automatically calculates the previous day's range and projects exact Fibonacci-based Support and Resistance expansions, keeping your chart clean and your focus on what matters.

This indicator shows buy or sell zones. In each type of movement, the indicator shows areas where price can, most of the time, start or stop moving.

Trending market: It shows where price may stop until the return of some moving average used. And if it has caught the day's low or high, at these points a partial or full exit from the trade can be made.

Consolidating market: It shows possible tops and bottoms, where there is a possibility of catching both the downside and upside movement.

In any case, there is a possibility of catching the day's low or high.

🎯 Main Features:

Zero Configuration: Ready for immediate use.

Institutional Levels: Automatically plots the Daily Open, Previous Day's High and Low, and the Daily Pivot Point.

Automatic Fibonacci Expansions: Projects exact Support (Green) and Resistance (Red) levels at 61.8%, 100.0%, 161.8%, 200.0%, and 261.8%. These levels are calculated according to Alexandre Stormer's description, where the open is used in the calculation. It is an indicator widely used by traders who follow Igor Monteiro.

Smart Anti-Collision Algorithm: Even in highly consolidated markets, the texts dynamically organize themselves in a "staircase" format, ensuring they NEVER overlap. 100% clean reading.

Clean Chart: Plots data ONLY on the current day, preventing your history from being cluttered with past lines.

Area of interest: Shows the region where price may begin to slow down and return to the moving averages. The average can be any one you already use.