PROTECTED SOURCE SCRIPT
Support & Resistance ATR Projection
S/R ATR Projection Indicator
This unique indicator automatically identifies the latest Support and Resistance levels using pivot points calculated exclusively on the 1-hour timeframe — no matter what timeframe you're viewing (M1, M15, M30, etc.).
Key Features:
• Detects the most recent Swing High (Resistance) and Swing Low (Support) on 1H charts
• Calculates the projected timing of a potential breakout using the formula:
|Resistance − Support| ÷ ATR(14) × C (where C is a customizable multiplier)
• Projects a clear arrow on the chart showing the exact future bar (converted to your current timeframe) where the move is expected
• Predicts direction based on 1H EMA 12/26 trend (bullish ↑ or bearish ↓)
• Displays real-time info: 1H ATR, S/R distance (Delta), projected 1H candles, and trend direction
• Triggers alerts whenever a new projection is generated
Perfect for swing traders looking to anticipate breakout timing and direction from key S/R zones. Fully customizable pivot strength and multiplier (C).
Works on any market and timeframe while staying true to 1-hour calculations.
This unique indicator automatically identifies the latest Support and Resistance levels using pivot points calculated exclusively on the 1-hour timeframe — no matter what timeframe you're viewing (M1, M15, M30, etc.).
Key Features:
• Detects the most recent Swing High (Resistance) and Swing Low (Support) on 1H charts
• Calculates the projected timing of a potential breakout using the formula:
|Resistance − Support| ÷ ATR(14) × C (where C is a customizable multiplier)
• Projects a clear arrow on the chart showing the exact future bar (converted to your current timeframe) where the move is expected
• Predicts direction based on 1H EMA 12/26 trend (bullish ↑ or bearish ↓)
• Displays real-time info: 1H ATR, S/R distance (Delta), projected 1H candles, and trend direction
• Triggers alerts whenever a new projection is generated
Perfect for swing traders looking to anticipate breakout timing and direction from key S/R zones. Fully customizable pivot strength and multiplier (C).
Works on any market and timeframe while staying true to 1-hour calculations.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.