PROTECTED SOURCE SCRIPT

Mid Line

14
📌 Mid Line – Volatility-Based Equilibrium Levels

This indicator draws horizontal mid lines at the midpoint of high-volatility candles.

When a candle exceeds the defined volatility threshold, its midpoint is marked as a potential short-term equilibrium level. These levels often act as temporary support or resistance, especially after strong impulsive moves.

If price pulls back, it may react around the mid line before continuing or breaking, helping traders identify reaction zones, pullback areas, and momentum shifts.

Key features:

Detects strong candles based on body volatility

Draws midpoint equilibrium levels automatically

Adjustable line length (up to 6 bars)

Designed for clean price action and intraday analysis

Best used on lower and intraday timeframes after impulsive moves.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.