Sup/Res Levels [QuantVue]

29 בינו׳ 2023

Shows basic pivot point of support and resistance levels. Will show alerts for break of sup. or res. Allows for a volume filter for sup. res. breaks as well.

"B" means break of either a Sup. or Res. level with volume greater than the threshold.
"Bull/Bear Wick" means bullish/bearish candle on break.

Left - number of bars left hand side of the pivot .
Right - number of bars right hand side of the pivot .
Volume Thres. - the threshold value (%) for the Volume.

This indicator is useful to filter our insignificant breaks of sup. or res. Can help trader determine when to sit on their hands, or enter a trade.

24 במאי 2023

הערות שחרור

Updated the script from Version 4, to Version 5 of Pinescript.

16 ביוני 2023

הערות שחרור

Changed source code name to QuantVue and edited title.