PROTECTED SOURCE SCRIPT

Support & Resistance Zones

26
📌 Support & Resistance Zones – Indicator Overview

This indicator automatically identifies dynamic support and resistance zones using pivot highs and lows.
Zones are built with ATR-based thickness, making them adaptive to market volatility.

Only the most recent zones are displayed to keep the chart clean, and each zone extends to the right, providing clear areas where price is likely to react.

The indicator does not repaint and is designed for price action analysis, helping traders anticipate potential bounces, breakouts, and role reversals without relying on lagging signals.

Best used for:

Market structure analysis

Key reaction zones

Manual trade decision-making


Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.