NFP High/Low Levels PlusNFP High/Low Levels Plus
Description: This indicator is used to store and plot the most recent 12 NFP (Non-Farm-Payroll) Days on your chart with the High and Low levels of that NFP day.
Usage: NFP Levels can be used as Support and Resistance levels on your chart with the historical significance of price frequently respecting them as such.
NFP Day is one of the big market movers for news/data release monthly, this allows you to view and react to that data visually on your chart. Review previous months' levels and price action near the NFP levels.
Fully Customizable:
- Show or Hide High or Low lines
- Display labels to identify the Month
- Display the level price on lines
- Display Session markers that plot points on bars that occur during an NFP Day
- Automatically draw and update Support and Resistance Boxes
- Support box is drawn at the nearest NFP level below the current price
- Resistance box is drawn at the nearest NFP level above the current price
- Change colors, line settings, and turn on/off the features you want
- Lines and boxes update automatically as each new bar prints
- Directional Macro Indicator
- This indicator shows in the top right corner of the screen
- Macro: Up - activates when two Daily sessions both open and close above the most recent
NFP Day High level
- Macro: Down - activates when two Daily sessions both open and close below the most recent
NFP Day Low level
- Directional Macro is a tool to view possible high timeframe direction trends for the month
Full Indicator Preview
Easily input NFP Days in the indicator settings menu
Customize what you see. colors, sizes, offsets, turn on/off individual parts
This indicator is for educational purposes, historical data review, price action history and possible support/resistance levels. It is not for financial suggestions
Thank you, It was a lot of both fun and headaches making this. I hope those who will find it useful will do so.
