OPEN-SOURCE SCRIPT
RSI + Auto Support + SMC + MA 20/50 vip
How it works:
Pivot Detection: It detects a pivot high and pivot low using the highest() and lowest() functions within a defined range.
Plot Shapes: The script marks these key levels on the chart with red labels for resistance and green labels for support.
Dynamic Lines: It draws dynamic lines that extend to the right whenever a new support or resistance level is detected.
How to use:
Add this script to your TradingView chart.
The support (green) and resistance (red) zones will appear as labels and lines.
You can adjust the length parameter to modify the sensitivity of the pivot detection.
Would you like to explore more advanced features for this SMC indicator, like order blocks or break of structure?
Pivot Detection: It detects a pivot high and pivot low using the highest() and lowest() functions within a defined range.
Plot Shapes: The script marks these key levels on the chart with red labels for resistance and green labels for support.
Dynamic Lines: It draws dynamic lines that extend to the right whenever a new support or resistance level is detected.
How to use:
Add this script to your TradingView chart.
The support (green) and resistance (red) zones will appear as labels and lines.
You can adjust the length parameter to modify the sensitivity of the pivot detection.
Would you like to explore more advanced features for this SMC indicator, like order blocks or break of structure?
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.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.