OPEN-SOURCE SCRIPT
Support Resistance Zone Selvapandi

//version=5
indicator("Volume Footprint S/R Zones – Nifty (Syntax Safe)", overlay=true, max_boxes_count=300)
// ---------- Inputs ----------
volLen = input.int(50, "Volume MA Length")
volMult = input.float(1.8, "Volume Spike Multiplier", step=0.1)
bodyPctMin = input.float(0.6, "Impulse Body %", step=0.05)
atrLen = input.int(14, "ATR Length")
zoneATRmult = input.float(0.7, "Zone Height ATR Mult", step=0.1)
extendBars = input.int(200, "Extend Zones (bars)")
maxRetests = input.int(3, "Max Retests per Zone")
// ---------- Core Metrics ----------
volMA = ta.sma(volume, volLen)
atr = ta.atr(atrLen)
isVolSpike = volume > volMA * volMult
body = math.abs(close - open)
barRange = high - low
bodyPct = barRange > 0 ? body / barRange : 0.0
bullImpulse = close > open and bodyPct >= bodyPctMin and isVolSpike
bearImpulse = close < open and bodyPct >= bodyPctMin and isVolSpike
zoneSize = atr * zoneATRmult
// ---------- Storage ----------
var box[] zones = array.new_box()
var float[] zTop = array.new_float()
var float[] zBot = array.new_float()
var int[] zType = array.new_int()
var int[] zTests = array.new_int()
var bool[] zActive = array.new_bool()
// ---------- Create Zone Function ----------
create_zone(_top, _bot, _type) =>
b = box.new(bar_index, _top, bar_index + extendBars, _bot, bgcolor = _type == 1 ? color.new(color.green,85) : color.new(color.red,85), border_color = _type == 1 ? color.green : color.red)
array.push(zones, b)
array.push(zTop, _top)
array.push(zBot, _bot)
array.push(zType, _type)
array.push(zTests, 0)
array.push(zActive, true)
// ---------- Zone Creation ----------
if bullImpulse
create_zone(low + zoneSize, low, 1)
if bearImpulse
create_zone(high, high - zoneSize, -1)
// ---------- Zone Management ----------
longRetestSignal = false
shortRetestSignal = false
zoneCount = array.size(zones)
if zoneCount > 0
for i = 0 to zoneCount - 1
if array.get(zActive, i)
top = array.get(zTop, i)
bot = array.get(zBot, i)
typ = array.get(zType, i)
bx = array.get(zones, i)
touched = low <= top and high >= bot
if touched
tests = array.get(zTests, i) + 1
array.set(zTests, i, tests)
if tests <= maxRetests
if typ == 1
longRetestSignal := true
if typ == -1
shortRetestSignal := true
if typ == 1 and close < bot
array.set(zType, i, -1)
box.set_bgcolor(bx, color.new(color.orange,85))
box.set_border_color(bx, color.orange)
if typ == -1 and close > top
array.set(zType, i, 1)
box.set_bgcolor(bx, color.new(color.teal,85))
box.set_border_color(bx, color.teal)
if array.get(zTests, i) > maxRetests
array.set(zActive, i, false)
box.set_bgcolor(bx, color.new(color.gray,92))
box.set_border_color(bx, color.gray)
// ---------- Visual Signals ----------
plotshape(longRetestSignal, title="Support Retest", style=shape.triangleup, location=location.belowbar, color=color.lime, size=size.small)
plotshape(shortRetestSignal, title="Resistance Retest", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small)
// ---------- Alerts ----------
alertcondition(longRetestSignal, title="Support Zone Retest", message="Price retesting high-volume support zone")
alertcondition(shortRetestSignal, title="Resistance Zone Retest", message="Price retesting high-volume resistance zone")
indicator("Volume Footprint S/R Zones – Nifty (Syntax Safe)", overlay=true, max_boxes_count=300)
// ---------- Inputs ----------
volLen = input.int(50, "Volume MA Length")
volMult = input.float(1.8, "Volume Spike Multiplier", step=0.1)
bodyPctMin = input.float(0.6, "Impulse Body %", step=0.05)
atrLen = input.int(14, "ATR Length")
zoneATRmult = input.float(0.7, "Zone Height ATR Mult", step=0.1)
extendBars = input.int(200, "Extend Zones (bars)")
maxRetests = input.int(3, "Max Retests per Zone")
// ---------- Core Metrics ----------
volMA = ta.sma(volume, volLen)
atr = ta.atr(atrLen)
isVolSpike = volume > volMA * volMult
body = math.abs(close - open)
barRange = high - low
bodyPct = barRange > 0 ? body / barRange : 0.0
bullImpulse = close > open and bodyPct >= bodyPctMin and isVolSpike
bearImpulse = close < open and bodyPct >= bodyPctMin and isVolSpike
zoneSize = atr * zoneATRmult
// ---------- Storage ----------
var box[] zones = array.new_box()
var float[] zTop = array.new_float()
var float[] zBot = array.new_float()
var int[] zType = array.new_int()
var int[] zTests = array.new_int()
var bool[] zActive = array.new_bool()
// ---------- Create Zone Function ----------
create_zone(_top, _bot, _type) =>
b = box.new(bar_index, _top, bar_index + extendBars, _bot, bgcolor = _type == 1 ? color.new(color.green,85) : color.new(color.red,85), border_color = _type == 1 ? color.green : color.red)
array.push(zones, b)
array.push(zTop, _top)
array.push(zBot, _bot)
array.push(zType, _type)
array.push(zTests, 0)
array.push(zActive, true)
// ---------- Zone Creation ----------
if bullImpulse
create_zone(low + zoneSize, low, 1)
if bearImpulse
create_zone(high, high - zoneSize, -1)
// ---------- Zone Management ----------
longRetestSignal = false
shortRetestSignal = false
zoneCount = array.size(zones)
if zoneCount > 0
for i = 0 to zoneCount - 1
if array.get(zActive, i)
top = array.get(zTop, i)
bot = array.get(zBot, i)
typ = array.get(zType, i)
bx = array.get(zones, i)
touched = low <= top and high >= bot
if touched
tests = array.get(zTests, i) + 1
array.set(zTests, i, tests)
if tests <= maxRetests
if typ == 1
longRetestSignal := true
if typ == -1
shortRetestSignal := true
if typ == 1 and close < bot
array.set(zType, i, -1)
box.set_bgcolor(bx, color.new(color.orange,85))
box.set_border_color(bx, color.orange)
if typ == -1 and close > top
array.set(zType, i, 1)
box.set_bgcolor(bx, color.new(color.teal,85))
box.set_border_color(bx, color.teal)
if array.get(zTests, i) > maxRetests
array.set(zActive, i, false)
box.set_bgcolor(bx, color.new(color.gray,92))
box.set_border_color(bx, color.gray)
// ---------- Visual Signals ----------
plotshape(longRetestSignal, title="Support Retest", style=shape.triangleup, location=location.belowbar, color=color.lime, size=size.small)
plotshape(shortRetestSignal, title="Resistance Retest", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small)
// ---------- Alerts ----------
alertcondition(longRetestSignal, title="Support Zone Retest", message="Price retesting high-volume support zone")
alertcondition(shortRetestSignal, title="Resistance Zone Retest", message="Price retesting high-volume resistance zone")
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.