Smart Zone Detector by Mihkel00

Aug 9

Advanced support/resistance indicator with dynamic zones and volume confirmation.
Smart Zone Detector automatically identifies key support and resistance zones using pivot points with following features:

• Dynamic ATR-based zones that adapt to market volatility
  
• Volume confirmation to filter out weak levels
  
• Touch counting with strength classification (3x, 8x, 13x+ touches)
  

What You Get

• Active Zones: Current qualified S/R levels (3+ touches)
  
• Strong Zones: High-confidence areas with multiple confirmations
  
• Color-coded zone strength (Green=Strong, Orange=Medium, Red=Weak)
  
• Touch count labels showing zone significance
  

How to Use

• Zone Identification: Look for zones with 3+ touches - these are qualified levels
  
• Strength Assessment: Higher touch counts (8x, 13x+) = stronger zones
  
• Volume Confirmation: volume-backed zones (more reliable)
  
• Zone Interactions: Green/red X-crosses show real-time support/resistance tests
  
• Dynamic Sizing: Zones automatically adjust width based on ATR
  

Settings

• Lookback: How far back to scan for pivots (default: 100 bars)
  
• Min Touches: Qualification threshold (default: 3 touches)
  
• Volume Confirmation: Enable for higher-quality zones
  
• Zone Tolerance: Sensitivity for merging nearby levels
  

Aug 9

Release Notes

New Features:

• Performance Boost - Smoother rendering, no lag during volatile periods
  
• Smart Clustering - Auto-adapts to market conditions
  
• Enhanced Stats - Average strength + historical activity indicators (📊)