OPEN-SOURCE SCRIPT
Dynamic Support & Resistance (DSR)
tndicator description: Dynamic Support & Resistance (DSR)
What it does
Plots dynamic support and resistance that adapt to any timeframe. In bullish phases it highlights resistances; in bearish phases it highlights supports. Works for scalping, binary options, and day trading.
How it works
Detects recent swing highs/lows with noise filtering.
Merges nearby levels into “zones” with configurable tolerance.
Promotes a zone after a valid break-and-close.
Classifies context as trend, channel, or range via slope and move strength.
Shows only context-relevant zones to reduce clutter.
Inputs
Swing length (pivot high/low).
Merge tolerance (%, ticks, or ATR fraction).
Lookback depth.
Trend filter (EMA or optional ADX).
Minimum touches to validate a zone.
Display mode: lines, bands, or blocks.
Break sensitivity (close condition, wick allowance, body %).
Visual outputs
Resistance zones during bullish phases.
Support zones during bearish phases.
Dual zones in ranges/channels.
Labels: touch count, zone strength, last test timestamp.
Signals and rules (suggested)
Reversal: rejection candle at a valid zone + momentum/volume confirmation.
Continuation: strong close through the zone + successful retest.
Invalidation: two full closes back inside the zone in the opposite direction.
Alerts (templates)
“Price touched DSR Resistance [strength X, touches N].”
“Break of DSR Support with close > sensitivity.”
“Successful retest at DSR Zone. Possible continuation.”
Timeframe guidance
1–5m: higher sensitivity, tighter tolerance. For scalping and binaries.
15–60m: balance between frequency and reliability.
4H–D: anchor levels for intraday planning.
Risk management
Technical stop: beyond the opposite zone + tolerance buffer.
Scaled TP: first at mid-range, second at next DSR zone.
Avoid trading into high-impact news.
Advantages
Auto-adapts to trend, channel, and range without constant tuning.
Reduces noise by merging redundant levels.
Focus on zones with verified touches and strength.
Limitations
Not predictive. Use with price/volume confirmation.
In high volatility, zones can update quickly. Tune tolerance accordingly.
Disclaimer
Educational only. Not financial advice. Test on demo before live use.
What it does
Plots dynamic support and resistance that adapt to any timeframe. In bullish phases it highlights resistances; in bearish phases it highlights supports. Works for scalping, binary options, and day trading.
How it works
Detects recent swing highs/lows with noise filtering.
Merges nearby levels into “zones” with configurable tolerance.
Promotes a zone after a valid break-and-close.
Classifies context as trend, channel, or range via slope and move strength.
Shows only context-relevant zones to reduce clutter.
Inputs
Swing length (pivot high/low).
Merge tolerance (%, ticks, or ATR fraction).
Lookback depth.
Trend filter (EMA or optional ADX).
Minimum touches to validate a zone.
Display mode: lines, bands, or blocks.
Break sensitivity (close condition, wick allowance, body %).
Visual outputs
Resistance zones during bullish phases.
Support zones during bearish phases.
Dual zones in ranges/channels.
Labels: touch count, zone strength, last test timestamp.
Signals and rules (suggested)
Reversal: rejection candle at a valid zone + momentum/volume confirmation.
Continuation: strong close through the zone + successful retest.
Invalidation: two full closes back inside the zone in the opposite direction.
Alerts (templates)
“Price touched DSR Resistance [strength X, touches N].”
“Break of DSR Support with close > sensitivity.”
“Successful retest at DSR Zone. Possible continuation.”
Timeframe guidance
1–5m: higher sensitivity, tighter tolerance. For scalping and binaries.
15–60m: balance between frequency and reliability.
4H–D: anchor levels for intraday planning.
Risk management
Technical stop: beyond the opposite zone + tolerance buffer.
Scaled TP: first at mid-range, second at next DSR zone.
Avoid trading into high-impact news.
Advantages
Auto-adapts to trend, channel, and range without constant tuning.
Reduces noise by merging redundant levels.
Focus on zones with verified touches and strength.
Limitations
Not predictive. Use with price/volume confirmation.
In high volatility, zones can update quickly. Tune tolerance accordingly.
Disclaimer
Educational only. Not financial advice. Test on demo before live use.
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.