jamc

Auto-Support

jamc Updated   
Fairly simple script that automatically draws highs and lows for the past X periods at various intervals.

3 Settings :
"Sensitivity" which amounts to the horizontal separation from one high to the next high (default multiplicator : 10)
Variable "b" which is the HEX color for resistances (default : red)
Variable "c" which is the HEX color for supports (default : blue)

More HEX color codes on www.hexcolortool.com/ (not my webpage :)

Feel free to edit the script to your taste.
Release Notes:
*** Bug Fix version after today's error message issues ****

Anyone using previous versions is strongly advised to update

> Removed some higher s/r levels from the code
> Sensitivity can now only be set between 1 - 10, higher numbers cause the script to fail to load

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Fairly simple script that automatically draws highs and lows for the past X periods at various intervals.

3 Settings :
"Sensitivity" which amounts to the horizontal separation from one high to the next high (default multiplicator : 10)
"Transparency" ... Multiple lines piling up at the same level will cause the s/r levels to be more or less visible.

Variable "b" which is the HEX color for resistances (default : red)
Variable "c" which is the HEX color for supports (default : blue)

More HEX color codes on www.hexcolortool.com/ (not my webpage :)

Feel free to edit the script to your taste.
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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