Here’s a **professional description** for the combined indicator, highlighting its features, benefits, and use cases. This description can be used in the script’s metadata or for sharing the indicator with others:
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### **Indicator Name**: **Combined Support & Resistance, Range Filter, Volume Profile, and 2B Reversal Pattern**
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### **Description**: This advanced **multi-functional indicator** combines four powerful trading tools into one comprehensive solution, designed to enhance your technical analysis and trading decisions. It integrates **Support and Resistance levels**, a **Range Filter**, **Volume Profile**, and the **2B Reversal Pattern** to provide a holistic view of the market. Whether you're a scalper, day trader, or swing trader, this indicator helps you identify key levels, confirm trends, and spot potential reversals with precision.
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### **Key Features**:
#### 1. **Support and Resistance (High Volume Boxes)** - Identifies **key support and resistance levels** based on volume and pivot points. - Highlights **breakouts** and **retests** of these levels. - Adjustable lookback period and volume filter for customization.
#### 2. **Range Filter Buy and Sell** - Generates **buy and sell signals** based on a dynamic range filter. - Helps identify **trend direction** and potential **entry/exit points**. - Customizable sampling period and range multiplier for flexibility.
#### 3. **Volume Profile** - Displays **volume distribution** at different price levels. - Highlights the **Point of Control (POC)** and high-volume nodes. - Adjustable lookback depth, bar length, and horizontal offset for precise analysis.
#### 4. **2B Reversal Pattern** - Detects **2B reversal patterns**, a classic price action setup. - Plots **breakout signals** for potential trend reversals. - Customizable period and break length for pattern recognition.
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### **Benefits**: - **Comprehensive Analysis**: Combines multiple trading tools into one indicator for a complete market overview. - **Customizable**: Adjustable parameters to suit different trading styles and timeframes. - **Visual Clarity**: Clear plots, boxes, and lines for easy interpretation of key levels and signals. - **Versatile**: Suitable for scalping, day trading, and swing trading across various markets (stocks, forex, crypto, etc.). - **Alerts**: Built-in alerts for breakouts, reversals, and range filter signals.
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### **Use Cases**: - **Identify Key Levels**: Use the **Support and Resistance** and **Volume Profile** to spot significant price levels. - **Trend Confirmation**: Use the **Range Filter** to confirm trend direction and filter out noise. - **Reversal Trading**: Use the **2B Reversal Pattern** to spot potential trend reversals and enter counter-trend trades. - **Volume Analysis**: Use the **Volume Profile** to understand market sentiment and liquidity at different price levels.
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### **How to Use**: 1. Add the indicator to your TradingView chart. 2. Adjust the input parameters for each component (Support & Resistance, Range Filter, Volume Profile, 2B Reversal Pattern) in the settings. 3. Look for **key levels**, **breakouts**, **reversals**, and **volume clusters** on the chart. 4. Use the **alerts** to get notified of trading opportunities in real-time.
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### **Input Parameters**: - **Support & Resistance**: Lookback period, volume filter, box width. - **Range Filter**: Source, sampling period, range multiplier. - **Volume Profile**: Lookback depth, number of bars, bar length multiplier, horizontal offset. - **2B Reversal Pattern**: Period, maximum break length, minimum break length.
### **Author**: Developed by **ChartPrime**, **kv4coins**, and **Zeiierman**, this indicator combines the best of multiple trading tools into one powerful solution.
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### **License**: This work is licensed under a **Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC-SA 4.0)**.
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### **Disclaimer**: This indicator is for educational and informational purposes only. It does not constitute financial advice. Always conduct your own analysis and trade at your own risk.
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This description provides a professional overview of the indicator, making it easy for users to understand its features, benefits, and applications. Let me know if you’d like further adjustments!
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
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