✅ Auto S/R Indicator - Beta Ver
리페인팅 없이 자동으로 지지저항을 그려주는 보조지표 입니다.
캔들 데이터를 불러오는 것이 한계가 있어서 하얀배경에만 지지저항을 출력 할 수 있습니다.
본 지표는 수평매물대를 참고하는데 도움을 주는 지표이며 신뢰도가 더 높은 버전으로 재업로드 될 예정입니다.
It is a supplementary index that automatically draws the support resistance without re-painting.
Since the ability to load the candle data is limited, it is possible to output the...
This is my first attempted at Support and resistance zones. If you have ever put 3 random horizontal lines on your chart it often happens that those lines do become support or resistance. Since support and resistance has a very broad definition I have made this indicator to quantify levels that way it's always consistent.
These support and resistance levels are...
With this support and resistance indicator, if you want more levels just change the timeframe it looks at in the settings. It will pull the SR levels off the timeframe specified in the settings. Note: SR1 and SR2 timeframe should match.
I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice.
Description / Usage:
Adjust length and multiplier much the same way you would expect with Bollinger Bands.
Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA)
The outer channels are increments of the base...
In the quest to make boxes, I have created the Magic Rectangle Detector.
This indicator finds essential supports and resistances, many of which may flip and become resistances and supports. Classical price action trading is best utilized in unison with this indicator.
Options to configure on the main...
Auto Fibonacci based on Support & Resistance, which in turn is based on Elliott Waves. All self adjusting.
Colors are based on the direction of the wave. S/R Length Slow show waves, while Fast show sub-waves.
This is a proprietary algorithm made by Quansium, which will be used in future trading systems.
This indicator was built for a client. PM me for code access.
The signal comes from the "RailRoad" candlestick pattern breaking a support/resistance level, which typically indicates price will respect that level.
According to this theory www.youtube.com... the definition of "diamond" is:
- central hollow candle sorrounded by 2 filled candles. Example "redcandle - redcandle - greencandle - redcandle - redcandle".
- and vice versa if central candle is filled one.
The diamond S/R zone is based on open and close values of central candle.