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OPEN-SOURCE SCRIPT

Hidden Supports & Resistances + Round Levels

By informanerd
Updated
If you search the internet, you won't find much about these types of resistance and support levels. Hidden levels are SnR levels calculated based on some psychological patterns and sometimes it's unbelievable that the chart responds to these levels.
So use the indicator and check the idea.
Release Notes

- Optimized code structure
- Fixed some bugs in calculations
- Added some new psychological patterns
Release Notes
- Optimized code structure
- Fixed some bugs
- Added more psychological patterns
Release Notes
Added option to show/hide levels based on pattern types
Release Notes
As many users might faced unexpected results using this script on other charts,
- Added the notation about the script specialization for Forex pairs
- Changed method of detecting different Forex charts (which is more accurate)
- Fixed some small bugs
Release Notes
Fixed screenshot!
Release Notes
Count of levels on the chart has been increased.
hiddenlevelmagicresistenceretracementroundroundnumberSNRsupportSupport and Resistance

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.

Want to use this script on a chart?

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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.