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pbghosh

5PRB

pbghosh Updated   
Support and Resistance CPR
355
11
supportandresistance cpr
This script will plot the support and resistance levels calculated based on previous five days OHL data. Apart from the resistance and support levels, this script also plots the pivots for BUY and SELL trigger points.
Release Notes:
In this version, I have made the script more optimized and the support & resistance lines are plotted according to the trading session days.
Release Notes:
Included Central Pivot Range (CPR) that will help you know the trend more effortlessly.
Release Notes:
In this version I have fine tuned the support and resistance lines and truncated the decimal points to 2.
Release Notes:
In this version, the TC, Pivot, BC, Resistance and Support labels are plotted at the right hand side.
Release Notes:
In this version, I have fixed the co-ordinates of pivot, resistance, and support labels.
Release Notes:
In this version, I have made the look and feel of this indicator like built-in indicator.
Release Notes:
In this version I have corrected the support and resistance values.
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 a publication is governed by House Rules. You can favorite it to use it 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.

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