Hello everyone, Here's a script that draws all the levels on the chart. It calculates the levels based on swing lows of a defined period (this is an input). The levels change based on the time frame of the chart. Darker blue lines represent key levels compared to the lighter blue lines. The yellow lines calculate levels below the swing low. Comments and suggestions welcome. Thanks, Arun
Release Notes: There were a few limitations in the earlier version. I have tried to address them and have expanded the number of levels that are calculated. The principle remains the same of calculating support and resistance based on a recent swing low. The period from which the swing low needs to be calculated can be inputted. Works across all timeframes. I have come rely on these levels for all intraday and positional trades. Happy trading.
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Want to use this script on a chart?