Displays psychologically significant ‘whole’ (round number, integer) and ‘half’ ($0.50) levels at automatically varying, appropriate prices across any chart.
Traders have long recognized the intrinsic power of round numbers as they relate to likely support or resistance. Whether coincidence, superstition, or human preference for these levels as tipping points, the reason isn’t clear — but also doesn’t have to be! What matters is what every trader has likely observed: that seeing these levels (and only these levels) in advance is valuable.
Includes option to display major levels (whole numbers) or dynamically plot only nearby half and whole numbers.