SR zones - Dhilip
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2 dynamic zones are provided.
Average day range
De mark support and resistance range
These zones are calculated based on De Mark book.
This is also calculated based on the current day open price.
Test this out and keep me posted.
Average day range
- This is based on past 10 days range of the script. Current day range is plotted based on the open price.
Works accurately in bigger time frames like week and monthly.
Need to find out the pattern of the zones.
De mark support and resistance range
These zones are calculated based on De Mark book.
This is also calculated based on the current day open price.
Test this out and keep me posted.
Release Notes:
Updated few more levels.
Added open line which is more very crucial in determining the trend.
Added previous day high low levels.
Works in all indices, scripts and forex.
Added open line which is more very crucial in determining the trend.
Added previous day high low levels.
Works in all indices, scripts and forex.
Release Notes:
Added few more levels where the script can move. Can be used for directional trading.
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