OCM Quarter Point Autopilot - A Multi-Timeframe Quarter Theory

6 ม.ค.

Description:
The OCM Quarter Point Autopilot indicator automates the application of Quarters Theory across multiple timeframes and instruments. It creates a comprehensive grid of support and resistance levels based on two user-defined price points (Monthly QTPs).

Key Features:
- Automatically calculates and displays quarter points across 5 timeframes:
• Monthly (Black lines)
• Weekly (Blue lines)
• Daily (Green lines)
• 4-Hour (Red lines)
• 1-Hour (Purple lines)

- Shows both upper and lower ranges, which can be toggled on/off
- Visual hierarchy through color-coding for easy timeframe identification
- Extends lines 2 years into the past and 6 months into the future

Usage:
1. Enter two Monthly Quarter Trading Points (QTPs)
2. The indicator automatically:
- Calculates midpoints (weekly)
- Quarter points (daily)
- Eighth points (4-hour)
- Further subdivisions (1-hour)

Benefits:
- Identifies potential support/resistance levels
- Helps spot key price targets
- Works on any instrument where psychological levels matter
- Provides multiple timeframe analysis in one view

Best suited for traders who:
- Follow multi-timeframe analysis
- Trade using support/resistance levels
- Want to identify potential price targets
- Need structured price levels for entries/exits

The indicator combines the systematic approach of Quarters Theory with automated calculation and visualization, making it easier to identify key price levels across multiple timeframes.

6 ม.ค.

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Tweaks to underline script were done for the purpose of future iterations. :-)

19 ม.ค.

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