OPEN-SOURCE SCRIPT
Updated Supply/Demand
Plots lines associated with supply/demand
Pivot highs and lows
Fibonacci retracement zones
Reference
Dashed lines:
Gray = 1.272 of pivot low
Red = Pivot High
Black = 0.236% retrace
Blue = 0.382% retace
Green = 0.618% retrace
Purple = 0.786% retrace
Green = Pivot Low
Gray = 1.272 of pivot high
On daily timeframes
Purple lines represent supply/demand points of interest
Coming soon:
Weekly / Monthly Lines
Pivot highs and lows
Fibonacci retracement zones
Reference
Dashed lines:
Gray = 1.272 of pivot low
Red = Pivot High
Black = 0.236% retrace
Blue = 0.382% retace
Green = 0.618% retrace
Purple = 0.786% retrace
Green = Pivot Low
Gray = 1.272 of pivot high
On daily timeframes
Purple lines represent supply/demand points of interest
Coming soon:
Weekly / Monthly Lines
Release Notes
Bug Fixes** Fixed support/resistance lines to be in line with major pivot points
** The net effect is more granular lines at higher time frames (D/2D/3D)
** Intraday (hourly) lines are more granular
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.