Support & Resistance

5 באוק׳ 2018

This indicator detects large swings/pivots in historical price action to highlight tops and bottoms which might act as future levels of support or resistance. The code by default detects the last 3 significant swing highs and the last 3 swing lows. It then places lines on the chart to highlight those levels.

For a full overview of the indicator and code commentary visit the backtest-rookies (.com) website.

Example