OPEN-SOURCE SCRIPT
Support and Resistance
1. This indicator draw line at the pivot point to show possible support and resistance area.
2. The way it is drawn is pretty simple. Every time a pivot point is formed, a line is drawn on top of it.
3. The line will be delayed due to the nature of pivot point itself.
2. The way it is drawn is pretty simple. Every time a pivot point is formed, a line is drawn on top of it.
3. The line will be delayed due to the nature of pivot point itself.
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.
Disclaimer
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