Linescope Lite

Linescope Lite is a level management indicator for ATAS that automatically tracks, draws, and maintains support and resistance levels from multiple data sources — across any timeframe, without manual work.

How It Works: Master-Slave System

The core of Linescope Lite is its Master-Slave synchronization architecture.

The Master indicator is placed on a chart with extensive historical data (e.g., 100 days). It continuously calculates critical levels from four sources: Price Action, VWAP, Volume Profile, and Market Profile — including session-specific levels for Asia, Europe, and America.

The Slave mirrors all calculated levels to any number of additional charts in real time — including ultra-fast timeframes like Range Bars, Renko, and tick charts that can only hold a few hours of data.

As prices move, broken levels are removed automatically. Untested levels stay visible. No manual redrawing needed.

Level Sources

• Price Action — previous day's Open, High, Low, Close
• VWAP — Value Area High/Low, Point of Control
• Volume Profile — VAH/VAL, POC
• Market Profile — including Buying/Selling Tails
• Session levels — Asia, Europe, and America High/Low
• Initial Balance — with multiples: 50%, 100%, 150%, 200%

Key Features

• Real-time level validation — broken levels removed instantly
• Multi-chart synchronization via custom sync keys
• Audio and visual alerts when price tests any level
• Fully customizable: colors, line styles, labels, font sizes, session times
• Compatible with all chart types: Range Bars, Renko, tick charts, standard timeframes

Configuration Options

Level Selection & Visibility

Toggle individual level types on/off; enable/disable session levels; manage broken level visibility (remove immediately or keep until end of day); show/hide developing vs. previous day levels.

Visual Customization

Individual color schemes per level type; adjustable line thickness; line styles (solid, dashed, dotted); custom level labels with intelligent merging to prevent overlap.

Session & Time Settings

Fully customizable session times for Asia, Europe, and America; adjustable Initial Balance period; time zone support for global markets.

Alerts

Audio alerts when price tests any level; customizable sound files per instrument; visual pop-up notifications with level details.

Master-Slave Settings

Custom sync keys for multiple chart setups; line extension option for full Slave chart coverage.

Use Cases

Scalping on Ultra-Fast Charts

A scalper trading ES futures on 6-tick Range Bars needs historical levels but can only load 1 day of data due to chart speed requirements. The Master runs on a 30-minute chart with 100 days of history — the Slave instantly mirrors all untested levels, VWAP zones, and session highs/lows to the Range Bar chart, updating every few seconds.

Swing Trading with Multi-Session Context

A trader focused on US hours needs context from the Asian and European sessions. Linescope Lite automatically displays Asia High/Low, Europe High/Low, and the previous day's VWAP levels. When the price approaches the European High during the US session, the trader receives an audio alert and independently assesses the potential resistance.

Day Trading — No More Manual Drawing

A day trader previously spent 20 minutes each morning manually drawing the previous day's POC, Value Area levels, and session highs/lows. With Linescope Lite, all levels appear automatically, update throughout the session, and highlight when price approaches — allowing the trader to focus on market analysis rather than manual level validation.

Multi-Chart Professional Setup

A professional trader monitors six ES charts simultaneously (5-minute, Range Bars, Volume Bars, Renko, tick charts, Market Profile). A single Master with 100 days of history feeds all Slave charts. When a critical POC level from 3 weeks ago appears on all charts at the same time, the trader can conduct analysis across multiple timeframes with fully consistent level data.