Pivot Support and Resistance Finder [JV] V2

14 nov. 2020

Dear Traders,

This script is a follow-up to my previous Pivot Support and Resistance Finder.
After so many positive feedback, for which I thank you all, I started rebuilding it to implement some requested features.

The biggest change is that by default, the indicator now shows zones instead of lines.

• Support Zone: from low to close
  
• Resistance Zone: from close to high
  

I removed the 5 lines, instead showing the most recent levels and the forming (fast) levels.
However, if you change the occurrence in the options, you can still see previous levels:

• 0 = Current Level
  
• 1 = Previous Level
  
• 2 = Level before the Previous Level
  
• ...
  

More important configurable options:

• Pivot Length
  
• Pivot Quick Length (used to draw forming levels
  
• Option to draw using bar closes, wicks or both (area)
  
• Hide / Display to forming level
  
• Show past levels.
  

I hope this is clear enough.
For any questions, remarks, suggestions, feel free to contact me.

Happy Trading!

16 nov. 2020

Notes de version

Added the option to choose the current or a higher time frame.
Changeable in the Settings Panel.