OPEN-SOURCE SCRIPT
Precision Levels
This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.
Customizable Settings: Adjust visual styles to suit your trading strategy.
Multi-Timeframe Support: View and plot levels from higher timeframes using the monthly and weekly levels.
User-Friendly: Lightweight design with clear plotting for easy integration into any setup.
How It Works:
The indicator plots simple Support and resistance. Zones are labeled monthly, weekly, and daily
Usage:
Apply the indicator to your chart.
Enter a value for each support and resistance level. Drag and Adjust on the chart to your liking.
Use the plotted levels to identify potential reversals, breakouts, or stop-loss placements.
Combine with other tools (e.g., trendlines or oscillators) for confirmation.
Note: This is the open-source version of my previously protected Support and Resistance Indicator. The protected version is flagged and hidden from community and no longer maintained. Feel free to explore and modify the code to fit your needs! For feedback or suggestions, leave a comment below or message me direct.
Customizable Settings: Adjust visual styles to suit your trading strategy.
Multi-Timeframe Support: View and plot levels from higher timeframes using the monthly and weekly levels.
User-Friendly: Lightweight design with clear plotting for easy integration into any setup.
How It Works:
The indicator plots simple Support and resistance. Zones are labeled monthly, weekly, and daily
Usage:
Apply the indicator to your chart.
Enter a value for each support and resistance level. Drag and Adjust on the chart to your liking.
Use the plotted levels to identify potential reversals, breakouts, or stop-loss placements.
Combine with other tools (e.g., trendlines or oscillators) for confirmation.
Note: This is the open-source version of my previously protected Support and Resistance Indicator. The protected version is flagged and hidden from community and no longer maintained. Feel free to explore and modify the code to fit your needs! For feedback or suggestions, leave a comment below or message me direct.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.