Simple script that automatically plots support and resistance lines based on the pivot points of the number of candles you choose to look back upon.
All options are editable.
Release Notes
Updated script to plot the resistance line at the high of the pivot candle and the support line at the low of the pivot candle.
Release Notes
Added 2 additional levels of support and resistance. You can adjust the how many candles to "look back" for each zone. Also added the ability to create alerts for zone/levels breakouts.
Release Notes
Shortened the name of the Support and Resistance lines per request.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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