Auto-Zones (Fixed / Anchored Range)

Title:
Auto-Zones (Fixed / Anchored Range) – Customizable Price Level Visualization

Description:
The Auto-Zones (Fixed / Anchored Range) indicator automatically plots key price levels based on a user-defined time range. It provides traders with a clear visual representation of average prices or fractions within a fixed or anchored range, helping to identify support, resistance, and potential breakout areas.

Key Features:
• Flexible Range Modes:
 ‣ Fixed Range – Plot averages only between a specific start and end date/time.
 ‣ Anchored – Plot averages from a start date/time extending indefinitely.

• Multiple Measurement Options:
 ‣ Loopback – Calculates averages over a set number of bars.
 ‣ Fraction – Divides the range into equal fractions for detailed zone mapping.

• Price Source Selection:
 ‣ Choose from Open, Close, High, Low, Midpoint, or High & Low for customized analysis.

• Automatic Zone Plotting:
 ‣ Lines are plotted at calculated averages or fractional levels, extended to the right for continuous reference.

• Fully Customizable Style:
 ‣ Line color and width are adjustable to suit chart preferences.

Inputs & Settings:
• Start/End Date & Time – Define the range for averaging or anchoring.
• Range Mode – Fixed or Anchored.
• Measurement Mode – Loopback bars or fractional divisions.
• Loopback Length – Number of bars for Loopback mode.
• Fractions – Number of levels for Fraction mode.
• Price Source – Determines which price data to use.
• Line Color & Width – Visual customization options.

Usage:
This indicator helps traders:
• Visualize key price levels for support/resistance analysis.
• Identify average price areas within a custom time range.
• Use fixed or anchored ranges for intraday, swing, or long-term analysis.
• Quickly see fractional zones for precise entry or exit planning.

Technical Notes:
• Anchored ranges extend indefinitely from the start date; adjust the start date to reset levels.
• Loopback mode averages only complete bar sets; fractional mode divides the total range into equal parts.
• Works best on standard OHLC charts; ensure proper date/time inputs for accurate plotting.