PROTECTED SOURCE SCRIPT
Support & Resistance Zones
📌 Support & Resistance Zones – Indicator Overview
This indicator automatically identifies dynamic support and resistance zones using pivot highs and lows.
Zones are built with ATR-based thickness, making them adaptive to market volatility.
Only the most recent zones are displayed to keep the chart clean, and each zone extends to the right, providing clear areas where price is likely to react.
The indicator does not repaint and is designed for price action analysis, helping traders anticipate potential bounces, breakouts, and role reversals without relying on lagging signals.
Best used for:
Market structure analysis
Key reaction zones
Manual trade decision-making
This indicator automatically identifies dynamic support and resistance zones using pivot highs and lows.
Zones are built with ATR-based thickness, making them adaptive to market volatility.
Only the most recent zones are displayed to keep the chart clean, and each zone extends to the right, providing clear areas where price is likely to react.
The indicator does not repaint and is designed for price action analysis, helping traders anticipate potential bounces, breakouts, and role reversals without relying on lagging signals.
Best used for:
Market structure analysis
Key reaction zones
Manual trade decision-making
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.