PROTECTED SOURCE SCRIPT
Updated Support Resistance IV Finder

Useful to find Support/Resistance levels in chop markets.
Developed on 15min BTCUSD chart
On different timeframes/trading pairs it must be used and tweaked with EMA Slope and Inverse Volatility for optimal results
Scroll back on the chart to load older lines
Developed on 15min BTCUSD chart
On different timeframes/trading pairs it must be used and tweaked with EMA Slope and Inverse Volatility for optimal results
Scroll back on the chart to load older lines
Release Notes
Useful to find Support/Resistance levels in chop markets.Developed on 15min BTCUSD chart
On different timeframes/trading pairs it must be used and tweaked with EMA Slope and Inverse Volatility for optimal results
Scroll back on the chart to load older lines
The lines are filtered by half the EMA range (0.5%) to not clutter the chart
Release Notes
Automatically adapts to the following timeframes:30 min
45 min
1 hr (not so well)
4 hr
daily
Tested on BTCUSD
The use of Inverse Volatility and EMA slope is no longer needed in most situations
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.