OPEN-SOURCE SCRIPT
Support/Resistance Zones x3
Updated
Support and Resistance Levels + Zones for 3 time frames, based on volume at fractal levels with Zones based on wick size which is a true reflection of a Zone when compared to other S/R Zone scripts which only use a thick line not based on anything.
Original script is thanks to synapticex I have just migrated to version 3, heavily modified it and added Support and Resistance Zones.
Original script is thanks to synapticex I have just migrated to version 3, heavily modified it and added Support and Resistance Zones.
Release Notes
Migrated to version 4Modified S/R Zones so that it has option to show the true Zone or the Expanded Zone and not just the Expanded Zone as before
Added Daily and Weekly High Low Close Extensions
Release Notes
Added Alerts and Monthly High Low Close Extensions Removed Expanded Zones
Release Notes
Added option to display S/R as Lines and Adjusted Thickness of Lines Added more Alerts
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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