SPY Levels on ES

# SPY Levels on ES - Professional Support & Resistance Indicator

## 🎯 Overview
Transform your S&P 500 futures trading with precision-engineered SPY support and resistance levels. This professional-grade indicator displays critical SPY price levels directly on your ES (E-mini S&P 500) and MES (Micro E-mini S&P 500) charts, providing institutional-quality analysis for retail traders.

## ⚡ Key Features
### 📊 Dual-Level System
- Whole Number Levels : 10 closest round SPY levels around current price
- Half Levels : 0.5 increment levels for granular analysis
- Smart Scaling : Automatically converts SPY levels to ES/MES prices

### 🎨 Professional Visualization
- Clean Design : Minimalist lines that don't clutter your chart
- Customizable Colors : Choose your own colors for whole and half levels
- Historical Extension : Lines extend across your entire chart for context
- Dynamic Labels : Real-time SPY price display with clear level identification

### ⚙️ Intelligent Features
- Auto-Detection : Works seamlessly on SPY, ES, and MES charts
- Real-Time Updates : Levels adjust automatically as SPY price moves
- Performance Optimized : Efficient code that won't slow down your charts
- Flexible Settings : Toggle levels on/off based on your trading style

## 🎯 Perfect For
- ES Futures Traders seeking SPY correlation levels
- MES Micro Futures traders needing precise entry/exit points
- SPY Options Traders analyzing support/resistance zones
- Day Traders requiring quick visual reference points
- Swing Traders identifying key technical levels

## 📈 How It Works
The indicator fetches real-time SPY prices and calculates the 10 closest whole number levels (e.g., 580, 581, 582) plus half levels (580.5, 581.5, 582.5) around the current price. When applied to ES or MES charts, it automatically scales these levels to match futures pricing, giving you precise SPY-correlated support and resistance zones.

## 🔧 Customization Options
- SPY Price Label : Toggle on/off
- Whole Number Levels : Show/hide with custom colors
- Half Levels : Show/hide with custom colors and transparency
- Visual Styling : Personalize colors to match your chart theme

## 💡 Trading Applications
- Support/Resistance : Identify key psychological levels
- Entry/Exit Points : Use levels for precise trade execution
- Risk Management : Set stops and targets at significant levels
- Market Structure : Understand institutional price zones
- Confluence Analysis : Combine with other technical indicators