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OPEN-SOURCE SCRIPT

Short Term Stop Loss Clusters

By Boris1337x

  1. The script identifies potential stop-loss clusters by analyzing swing points and volume
  2. Uses a dynamic strength calculation based on volume and recency of the level
  3. Visualizes clusters using horizontal lines with varying opacity
  4. Implements efficient array management to prevent memory issues
  5. Uses input parameters for customization
Bands and ChannelsforecastingWave Analysis

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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Boris1337x

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