OPEN-SOURCE SCRIPT
S&R study of different MAs and lengths
This is a study on different moving averages across different lenghts to see which lengths or ma types have the most S&R action on them.
In the data window you can see the number of support and resistance instances for each length divided by the number of price crosses of the ma
Also you can see in time adjusted which % of the time that line acted as a S&R
Then it lets you select the best MA and length and see with the bar colors the areas where it behaved as S&R or when it didn't
In the data window you can see the number of support and resistance instances for each length divided by the number of price crosses of the ma
Also you can see in time adjusted which % of the time that line acted as a S&R
Then it lets you select the best MA and length and see with the bar colors the areas where it behaved as S&R or when it didn't
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.