Dear Traders,
This script is a follow-up to my previous Pivot Support and Resistance Finder.
After so many positive feedback, for which I thank you all, I started rebuilding it to implement some requested features.
The biggest change is that by default, the indicator now shows zones instead of lines.
I removed the 5 lines, instead showing the most recent levels and the forming (fast) levels.
However, if you change the occurrence in the options, you can still see previous levels:
More important configurable options:
I hope this is clear enough.
For any questions, remarks, suggestions, feel free to contact me.
Happy Trading!
This script is a follow-up to my previous Pivot Support and Resistance Finder.
After so many positive feedback, for which I thank you all, I started rebuilding it to implement some requested features.
The biggest change is that by default, the indicator now shows zones instead of lines.
- Support Zone: from low to close
- Resistance Zone: from close to high
I removed the 5 lines, instead showing the most recent levels and the forming (fast) levels.
However, if you change the occurrence in the options, you can still see previous levels:
- 0 = Current Level
- 1 = Previous Level
- 2 = Level before the Previous Level
- ...
More important configurable options:
- Pivot Length
- Pivot Quick Length (used to draw forming levels
- Option to draw using bar closes, wicks or both (area)
- Hide / Display to forming level
- Show past levels.
I hope this is clear enough.
For any questions, remarks, suggestions, feel free to contact me.
Happy Trading!
Notas de Lançamento:
Added the option to choose the current or a higher time frame.
Changeable in the Settings Panel.
Changeable in the Settings Panel.