S/R lines

12 באוק׳ 2018

This is a simple script that draws automatic support and resistance lines based on the length of the wicks.
The relevance of the wicks can be evaluated as a percentage against the overall price or against the price fluctuation of the last few candles.

There is a thin line for the less important wicks and a thicker line for the larger ones.
The values for these can/should be altered according to the different securities.


JD.

23 באוק׳ 2018

הערות שחרור

ADDED:
-option to extend the support/resistance lines
-option to set monochrome color

JD.

16 באפר׳ 2020

הערות שחרור

Updated to v4 and added the highlighting of high liquidity zones.

Gr, JD.

16 באפר׳ 2020

הערות שחרור

Now with the correct screenshot! ;-)