informanerd

Stronger Classical Support/Resistance + Round Levels

I wrote some Support/Resistance scripts before this. In this new script, I implemented the logic of the code from the scratch, so it's very different from my previous S/R indicators and I think it's more advanced , accurate and efficient.
As the result it could do the followings for now:
- Draw more strong classical resistance/support levels by checking previous direction changes of the chart as far as Pine technically allows
- Colorize the levels based on the counted points of retracement/pullback (The darker the color is, the stronger the level is.)
- Show the number of reactions to each level
- Change the color of each level based on its main role as support, resistance or both
- Draw close round levels to current price for Forex pairs

I suggest all users of my previous S/R indicators to try this one.
Feel free to send me any issue or opinion!
Script open-source

Dans le plus pur esprit de TradingView, l'auteur de ce texte l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur ! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par les règles internes. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Commentaires

Thank you!
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informanerd drmch2020
@drmch2020, you're welcome!
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Fantastic script. Thanks for sharing. For people using a dark tradingview theme, changing roundColor from black to white should work, right? If so it would be a nice improvement to the script to allow to switch from dark to bright theme. Thanks.
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informanerd Hurricane1973
@Hurricane1973, Thank you! Of course there is the option to change level colors in the indicator settings. You could change them as you wish.
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Thanks sir
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informanerd santoshmdhas
@santoshmdhas, You're welcome
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Dear sir, what is the green color line indicates about?..and the value indicated on each line is for which purpose??
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informanerd breather36
@breather36, Green means the level recently acted only as support. That's the count of rejections the level made.
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Dear sir first of all thanks for great indicator. I could not see some of the s/R line but number is still show on screen .
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