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Camarilla levels are a type of technical analysis tool used to identify potential support and resistance levels in the financial markets. The idea behind Camarilla levels is that they can be used to identify key levels of support and resistance that are likely to influence price action in the current trading day. Traders can use these levels to help determine entry and exit points for trades, as well as to set stop-loss orders and profit targets.
Inputs:
ShowButtons : True will show controlling buttons on screen
ColorZones : Choose the colors for every level
Start Hour : Start drawing the zones from this Start Hour
End Hour : Stop drawing the zones at this End Hour
BBOFF : if true the zones will not have a colored background
The remaining inputs are for decorating the buttons and choose their position.