OPEN-SOURCE SCRIPT
SRC Helper Indicators
Updated
Shows closest support / resistance level from current price and distance in pips.
Release Notes
Smart Raja Concepts indicator.Shows closest support / resistance level from current price and distance in pips. Helps to quickly see the nearest support / resistance to avoid a potentially losing trade!
Release Notes
Smart Raja Concepts indicator.Shows closest support / resistance level from current price and distance in pips. Helps to quickly see the nearest support / resistance to avoid a potentially losing trade!
Support is defined as a sequence of bearish + bullish candles below current price.
Resistance is defined as sequence of bullish + bearish candles above current price.
Release Notes
Smart Raja Concepts indicator.Shows closest support / resistance level from current price and distance in pips. Helps to quickly see the nearest support / resistance to avoid a potentially losing trade!
Support is defined as a sequence of bearish + bullish candles below current price.
Resistance is defined as sequence of bullish + bearish candles above current price.
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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