PROTECTED SOURCE SCRIPT
Auto S/R With Swing Trading
Updated
In this indicator, you can simply get the automatic support and resistance line.
With this indication of High and Low by H and L with blue line support and resistance.
The second part is the swing trading setup.
Green line means the upside continue with BUY signal.
Yellow Line means a Trend reversal No Trading Zone & wait for the signal.
Red line indicates that the downside continues with the SELL signal.
With this indication of High and Low by H and L with blue line support and resistance.
The second part is the swing trading setup.
Green line means the upside continue with BUY signal.
Yellow Line means a Trend reversal No Trading Zone & wait for the signal.
Red line indicates that the downside continues with the SELL signal.
Release Notes
In this indicator, you can simply get the automatic support and resistance line.With this indication of High and Low by H and L with blue line support and resistance.
The second part is the swing trading setup.
Green line means the upside continue with BUY signal.
Yellow Line means a Trend reversal No Trading Zone & wait for the signal.
Red line indicates that the downside continues with the SELL signal.
For stop-loss, is the next signal. means if buy signal triggers the wait for sell signal same vice versa.
Bar colour
When buy triggered then the candle turns blue colour.
When Sell triggers then the candle turns yellow colour.
Time Frame:
Scalping: 3-5 Min
Swing Trading: 15-30 Min
Positional: 1-4Hr
Lines
The blue line in the chart indicates the medium-term Moving Average.
The green line in the chart indicates the long-term Moving Average.
Protected script
This script is published closed-source and you may privately use it freely.
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Disclaimer
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