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Lakshman Rekha 2.O [CSN]

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Lakashma Rekha Ver 2.0 — Dynamic Support & Resistance Framework

Description:
Lakashma Rekha Ver 2.0 is a precision-based trading tool designed using mathematical principles and concepts derived from W.D. Gann’s methodologies. The script automatically identifies daily support and resistance levels, providing traders with clearly defined market boundaries to plan their trades effectively.

This version enhances decision-making for smart traders by generating actionable zones:

Buy above support to align with potential bullish momentum.

Sell below support to capture bearish moves.

Use resistance levels as strategic zones to book profits or manage risk.

An in-built Pivot Point feature is also included to strengthen traders’ confidence, offering an additional layer of confluence in determining market reversals or continuations.

Usage Intent:
This script is shared privately for educational and practical trading purposes. It is ideal for traders who value structured technical analysis rooted in time-tested market principles.

📘 Note: The purpose of this private publication is to share an analytical tool among select traders for their personal study and use. It is not intended for public release or promotional showcasing.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.