LevelBeacon guide

LevelBeacon settings guide

Configure LevelBeacon for clarity without confusing visual preferences with trading logic. This guide documents every user-facing commercial setting and its default behavior.

Most settings change presentation, not the core engine

The commercial settings are intentionally focused on readability and history. Changing colors, line widths, how many old levels are visible or whether markers are shown does not improve the underlying calculations. Start with the defaults and change only what makes the chart easier to read.

Upper Appearance panel: previous levels and readings, colors, line thickness, current label offset and percentage text size. The remaining controls appear in the next screenshot.
Signals & Trend settings: show/hide BULL/BEAR markers, marker style/history and MTF trend table.

Appearance settings

SettingDefaultWhat it changes
Previous levelsFullOff hides archived levels; Lines shows historical lines only; Full also allows frozen Bull/Bear readings.
Previous levels to show20Choose 10, 20, 50, 100 or 200 archived level segments. Display history only.
Previous Bull/Bear readingsLast 3Off, Last 3, Last 5, Last 10 or Last 20 frozen readings. Independent from line count.
Historical level colorPurpleChanges the archived level/readout color only.
Historical line thickness2Visual width of archived lines.
Current label offset8Moves the current labels horizontally for readability.
Bull / Bear / Active / Neutral colorsBrand defaultsVisual colors only; direction logic is unchanged.
Active level thickness3Visual width of the blue active level.
Percentage text sizeNormalNormal or Large Bull/Bear reading text.
Bull/Bear reading styleBoxedBoxed for contrast over candles or Text Only for a minimalist chart.
Bull/Bear box transparency15Lower value makes the reading boxes more solid.
Hover detailsOffOff, Compact or Detailed tooltips. Useful for learning; optional for daily use.

Signals & Trend settings

SettingDefaultImportant behavior
Show BULL / BEAR setup markersOnControls marker visibility. Turning markers off does not rewrite historical logic and does not turn the underlying alert conditions into a different strategy.
Signal marker styleBoxedBoxed or Text Only. Presentation only.
Previous signal markers to show20Choose 10, 20, 40 or 80 displayed past markers. This changes display history only, not signal generation.
Show trend dotsOnShows/hides the 1m/5m/15m/1H/4H/1D dashboard. Hiding it does not remove trend calculations from the engine.
  • Keep Previous levels = Full while learning so you can see structural history.
  • Keep 20 previous levels; increase only if you genuinely use more historical context.
  • Keep Last 3 frozen readings to avoid visual clutter.
  • Keep Boxed Bull/Bear readings and setup markers if your candles make text hard to see.
  • Keep the trend table visible until checking relevant MTF context becomes automatic.
  • Use Hover Details temporarily if you are learning, then turn them off if they distract you.
Do not optimize by appearance

If a trader changes history counts, colors or marker visibility and then believes “accuracy improved,” that is a testing mistake. These controls are primarily visual. Judge the engine from the same underlying signals, not from how clean the chart looks.

A simple readability check

  • If labels overlap candles, try Large text, a more solid Boxed background or a different Current label offset.
  • If the chart is crowded, reduce previous readings or use Lines for previous levels.
  • If markers or trend dots are missing, check their visibility controls before assuming the calculation stopped.
  • The public Inputs do not expose Opportunity thresholds, setup filters or cooldown tuning. Appearance settings do not adjust those rules.

After changing the indicator version, symbol, timeframe or inputs used by an alert, recreate that alert if you want it to use the new configuration. See saved alert settings.

Still unsure about your chart?

Use the Learn Center first, then send support a screenshot with the symbol, timeframe and exact question. Never send your TradingView password.

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LevelBeacon chart example
Enlarged LevelBeacon chart example

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