OPEN-SOURCE SCRIPT

Next Gen Auto S/R

This indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to input how many candlesticks minimum you would like between support and resistance levels. You can also select breakout mode which will turn old support into resistance by a colour change and turn old resistance into support. NEW you can now use extended levels and change your zones into lines.
Chart patternsdemandandsupplyzonesDemand ZonemultitimeframePivot points and levelsresistencesupply_and_demandsupplylevelSupply Zonesupportsupportandresistancezonessupportandresitance
THE_GOLDEN_SUITE

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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