OPEN-SOURCE SCRIPT
weighted support or resistance lines
Q: Why should users choose this script?
A: I found that in all the publicly available scripts about support and resistance lines, there is basically no weight identification for these lines. In other words, users do not know which support or resistance lines are the most important. So I specifically wrote this script.
1. By adjusting the weights, only the most effective support or resistance lines are displayed. (Length threshold of trend price (Bar))
2. By selecting the number of K-lines, only the latest number of support or resistance lines generated will be displayed. (Maximum number of reserved S/R lines)
3. By selecting whether to automatically remove lines, only support or resistance lines that have not been penetrated by the k-line will be displayed. If this function is checked, the weight can be adjusted lower, as high-weight SR may have already been penetrated, and the newly generated SR may have a lower weight. (Automatically remove lines penetrated by closing price confirmation)
4. Notes: The default parameters work well in 15-minute candlestick charts. For candlestick charts with other time periods, the parameters can be adjusted appropriately. It is suitable for sideways trading but not for strong trends.
5. I'm quite satisfied with the performance of the script, as I specifically optimized it, lol
A: I found that in all the publicly available scripts about support and resistance lines, there is basically no weight identification for these lines. In other words, users do not know which support or resistance lines are the most important. So I specifically wrote this script.
1. By adjusting the weights, only the most effective support or resistance lines are displayed. (Length threshold of trend price (Bar))
2. By selecting the number of K-lines, only the latest number of support or resistance lines generated will be displayed. (Maximum number of reserved S/R lines)
3. By selecting whether to automatically remove lines, only support or resistance lines that have not been penetrated by the k-line will be displayed. If this function is checked, the weight can be adjusted lower, as high-weight SR may have already been penetrated, and the newly generated SR may have a lower weight. (Automatically remove lines penetrated by closing price confirmation)
4. Notes: The default parameters work well in 15-minute candlestick charts. For candlestick charts with other time periods, the parameters can be adjusted appropriately. It is suitable for sideways trading but not for strong trends.
5. I'm quite satisfied with the performance of the script, as I specifically optimized it, lol
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.