PROTECTED SOURCE SCRIPT
Support/Resistance Zone Auto [FREE]
Updated
This is an indicator that automatically detects and displays support / resistance zones.
It displays up to 3 zones with a large number of reversals.
<Description of Input>
- Number Of Zones : Set the number of zones to display. Can be set from 1 to 3.
- Zone Width : Set zone width. Selectable from "Very Wide", "Wide", "Normal", "Narrow", "Very Narrow".
- Number Of Reference Bars : Set the number of bars to reference. Selectable from "500", "1000" and "1500". When "1000" is set, the past 1000 bars are referenced from the latest bar (current bar) to investigate the reversal status.
It displays up to 3 zones with a large number of reversals.
<Description of Input>
- Number Of Zones : Set the number of zones to display. Can be set from 1 to 3.
- Zone Width : Set zone width. Selectable from "Very Wide", "Wide", "Normal", "Narrow", "Very Narrow".
- Number Of Reference Bars : Set the number of bars to reference. Selectable from "500", "1000" and "1500". When "1000" is set, the past 1000 bars are referenced from the latest bar (current bar) to investigate the reversal status.
Release Notes
Updates:Fixed an issue that caused errors in some currency pairs.
Contact : harmoniclab.info/
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.