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BK AK-SILENCER🚨 Introducing BK AK-SILENCER — Volume Footprint Warfare, Right on the Price Bars 🚨 This isn’t a traditional indicator. This is a tactical weapon — engineered to expose institutional behavior directly in the bar data, using volume logic, CVD divergence, and spike detection to pinpoint who’s really in control of the tape. No panels. No clutter. Just silent execution — built directly into price itself. 🔥 Why "SILENCER"? Because real power moves in silence. Institutions don’t chase — they build positions quietly, in size, beneath the surface. BK AK-SILENCER gives you a real-time edge by visually revealing their footprints through color-coded bar behavior, divergence signals, and volume spike alerts — all directly on your chart. 🔹 “AK” honors my mentor A.K., whose training forged my trading discipline. 🔹 “SILENCER” represents the institutional mindset — high impact, low visibility. This tool lets you trade like them: without noise, without hesitation, with deadly clarity. 🧠 What Is BK AK-SILENCER? A bar-level institutional detection tool, purpose-built to: ✅ Color-code bars based on volume aggression and close-location inside range ✅ Detect real-time bullish and bearish divergences between price and volume delta ✅ Tag volume spikes with a $ symbol to expose potential traps or silent position builds ✅ Overlay VWAP for real-time mean-reversion biasing No extra windows. No indicators talking over each other. Just pure volume-logic weaponry embedded into price. ⚙️ What This Weapon Deploys 🔸 Bar Coloring Logic (Volume Footprint) 🟢 Power Buy = Strong close near highs on elevated volume 🟩 Accumulation = Weak close but still heavy volume 🔴 Power Sell = Strong close near lows on heavy selling 🟥 Distribution / Weakness = Low close without commitment ❗ Extreme Volume Spikes marked with $ — using standard deviation to highlight institutional bursts 🔸 CVD Divergence Detection → Tracks cumulative volume delta and compares it to price pivot behavior Bullish Divergence = Price makes lower lows, CVD makes higher lows → hidden accumulation Bearish Divergence = Price makes higher highs, CVD makes lower highs → hidden distribution All plotted directly on bars with triangle markers. 🔸 VWAP Overlay (Optional) → Anchored VWAP gives immediate context for intraday bias — above VWAP = demand, below = supply 🎯 How to Use BK AK-SILENCER 🔹 Silent Reversal Detection Bullish divergence + Power Buy bar + VWAP reclaim = sniper entry Bearish divergence + Power Sell bar + VWAP rejection = trap confirmation 🔹 Volume-Based Entry Triggers Look for Power Buy + $ spike after a pullback → watch for quiet reversal Accumulation colors clustering? Institutions are likely loading silently 🔹 Institutional Trap Warnings $ spike + red distribution bar at highs = time to exit or flip Weakness bar below VWAP? Don’t chase the long. 🛡️ Why It Matters ✅ Clean — it integrates into price action, no separate panels ✅ Silent — tracks institutions who build without alerts or indicators ✅ Tactical — no fluff, no lag, just real-time behavior recognition This tool is ideal for: 🔸 Scalpers reading bar-by-bar 🔸 Intraday swing traders using VWAP and structure 🔸 Professionals who need volume behavior decoded in real-time 🔸 Anyone who wants signal without clutter 🙏 Final Thoughts This tool isn’t just about trading — it’s about tactical awareness. 🔹 Dedicated to my mentor A.K., whose wisdom runs deep in every logic tree. 🔹 Above all, I give thanks to Gd, the source of clarity, courage, and conviction. Without Him, even the sharpest system is blind. With Him, we execute with structure, purpose, and divine alignment. ⚡ No noise. No clutter. No delay. Just raw, silent execution. 🔥 BK AK-SILENCER — Bar-Level Volume Footprint Precision 🔥 Gd bless every step you take in this market. Trade with clarity, move with intention. 🙏
Penunjuk Pine Script®
oleh Ki11a_B
4wooindiDescription (한글) 이 지표는 BTC/ETH 가격 비율의 Z-Score와 개별 자산(BTC, ETH)의 RSI를 동시에 계산하여, 시장의 추세 강도와 과매수·과매도 구간을 한눈에 파악할 수 있는 통합 전략 대시보드를 제공합니다. 사용자 정의 가능한 기간(length) 및 진입·청산 임계값(threshold) 설정 캔들 차트 위에 오버레이 형태로 표시 트레이딩뷰 기본 툴바 및 알림 기능 완벽 호환 Description (English) This indicator delivers an integrated strategy dashboard by calculating both the Z-Score of the BTC/ETH price ratio and the RSI of each asset (BTC, ETH), enabling you to visualize market trend strength and overbought/oversold conditions at a glance. Customizable length and entry/exit threshold settings Overlay display directly on your candlestick chart Fully compatible with TradingView’s toolbar and alert system
Penunjuk Pine Script®
oleh tomxyi0k
BK AK-SILENCER (P8N)🚨Introducing BK AK-SILENCER (P8N) — Institutional Order Flow Tracking for Silent Precision🚨 After months of meticulous tuning and refinement, I'm proud to unleash the next weapon in my trading arsenal—BK AK-SILENCER (P8N). 🔥 Why "AK-SILENCER"? The True Meaning Institutions don’t announce their moves—they move silently, hidden beneath the noise. The SILENCER is built specifically to detect and track these stealth institutional maneuvers, giving you the power to hunt quietly, execute decisively, and strike precisely before the market catches on. 🔹 "AK" continues the legacy, honoring my mentor, A.K., whose teachings on discipline, precision, and clarity form the cornerstone of my trading. 🔹 "SILENCER" symbolizes the stealth aspect of institutional trading—quiet but deadly moves. This indicator equips you to silently track, expose, and capitalize on their hidden footprints. 🧠 What Exactly is BK AK-SILENCER (P8N)? It's a next-generation Cumulative Volume Delta (CVD) tool crafted specifically for traders who hunt institutional order flow, combining adaptive volatility bands, enhanced momentum gradients, and precise divergence detection into a single deadly-accurate weapon. Built for silent execution—tracking moves quietly and trading with lethal precision. ⚙️ Core Weapon Systems ✅ Institutional CVD Engine → Dynamically measures hidden volume shifts (buying/selling pressure) to reveal institutional footprints that price alone won't show. ✅ Adaptive AK-9 Bollinger Bands → Bollinger Bands placed around a custom CVD signal line, pinpointing exactly when institutional accumulation or distribution reaches critical extremes. ✅ Gradient Momentum Intelligence → Color-coded momentum gradients reveal the strength, speed, and silent intent behind institutional order flow: 🟢 Strong Bullish (aggressive buying) 🟡 Moderate Bullish (steady accumulation) 🔵 Neutral (balance) 🟠 Moderate Bearish (quiet distribution) 🔴 Strong Bearish (aggressive selling) ✅ Silent Divergence Detection → Instantly spots divergence between price and hidden volume—your earliest indication that institutions are stealthily reversing direction. ✅ Background Flash Alerts → Visually highlights institutional extremes through subtle background flashes, alerting you quietly yet powerfully when market-moving players make their silent moves. ✅ Structural & Institutional Clarity → Optional structural pivots, standard deviation bands, volume profile anchors, and session lines clearly identify the exact levels institutions defend or attack silently. 🛡️ Why BK AK-SILENCER (P8N) is Your Edge 🔹 Tracks Institutional Footprints—Silently identifies hidden volume signals of institutional intentions before they’re obvious. 🔹 Precision Execution—Cuts through noise, allowing you to execute silently, confidently, and precisely. 🔹 Perfect for Traders Using: Elliott Wave Gann Methods (Angles, Squares) Fibonacci Time & Price Harmonic Patterns Market Profile & Order Flow Analysis 🎯 How to Use BK AK-SILENCER (P8N) 🔸 Institutional Reversal Hunting (Stealth Mode) Bearish divergence + CVD breaking below lower BB → stealth short signal. Bullish divergence + CVD breaking above upper BB → quiet, early long entry. 🔸 Momentum Confirmation (Silent Strength) Strong bullish gradient + CVD above upper BB → follow institutional buying quietly. Strong bearish gradient + CVD below lower BB → confidently short institutional selling. 🔸 Noise Filtering (Patience & Precision) Neutral gradient (blue) → remain quiet, wait patiently to strike precisely when institutional activity resumes. 🔸 Structural Precision (Institutional Levels) Optional StdDev, POC, Value Areas, Session Anchors clearly identify exact institutional defense/offense zones. 🙏 Final Thoughts Institutions move in silence, leaving subtle footprints. BK AK-SILENCER (P8N) is your specialized weapon for tracking and hunting their quiet, decisive actions before the market reacts. 🔹 Dedicated in deep gratitude to my mentor, A.K.—whose silent wisdom shapes every line of code. 🔹 Engineered for the disciplined, quiet hunter who knows when to wait patiently and when to strike decisively. Above all, honor and gratitude to Gd—the ultimate source of wisdom, clarity, and disciplined execution. Without Him, markets are chaos. With Him, we move silently, purposefully, and precisely. ⚡ Stay Quiet. Stay Precise. Hunt Silently. 🔥 BK AK-SILENCER (P8N) — Track the Silent Moves. Strike with Precision. 🔥 May Gd bless every silent step you take. 🙏
Penunjuk Pine Script®
oleh Ki11a_B
2
Chandelier Exit Oscillator [LuxAlgo]The Chandelier Exit Oscillator is a technical analysis tool that provides insights into potential trend reversals, momentum shifts, and trend continuation patterns, helping traders pinpoint optimal exit points for both long and short positions. By calculating trailing stop levels based on a multiple of the Average True Range (ATR), the oscillator visually indicates when prices move above or below these critical stop levels. This script uniquely combines the Chandelier Exit indicator with an oscillator format, equipping traders with a versatile tool that leverages ATR-based levels for enhanced trend analysis. 🔶 USAGE Displaying the Chandelier Exit as an oscillator allows traders to gauge trend momentum and strength, recognize potential reversals, and refine their market insights. The Timeframe option specifies the timeframe used for calculations, enabling multi-timeframe analysis and allowing traders to align the indicator’s signals with broader or narrower market trends. The Chandelier Exit Oscillator allows users to select between a Regular or Normalized oscillator type. The Regular option displays raw oscillator values, while the Normalized version smooths values and scales them from 0 to 100. The Chandelier Exit Overlay allows users to enable or disable the display of Chandelier Exit levels directly on the price chart. When enabled, this overlay plots trailing stop levels for both long and short positions, helping traders visually monitor potential exit points and trend boundaries alongside the price action. The Trend-based Bar Color feature allows users to color the bars on the price chart according to the current trend direction. This visual differentiation aids in quicker decision-making and provides a clearer understanding of market dynamics. 🔶 SETTINGS 🔹 Chandelier Exit Settings Timeframe: Sets the timeframe for calculations, allowing multi-timeframe analysis. ATR Length: Defines the number of bars used for calculating the Average True Range (ATR), which helps in setting Chandelier Exit levels. ATR Multiplier: Adjusts the sensitivity of the Chandelier Exit lines based on the ATR. Higher values make the indicator more conservative, while lower values make it more responsive. 🔹 Chandelier Exit Oscillator Chandelier Exit Oscillator: Allows users to choose between a Regular or Normalized oscillator type. The Regular option displays raw oscillator values, while the Normalized version smooths values and scales them from 0 to 100. Oscillator Smoothing: Controls the level of smoothing applied to the oscillator. Higher smoothing values filter out minor fluctuations. 🔹 Chandelier Exit Overlay Chandelier Exit Overlay: Enables or disables the display of Chandelier Exit levels directly on the price chart. Trend-based Bar Colors: Allows users to color bars based on trend direction, enhancing the visual analysis of market direction. 🔶 RELATED SCRIPTS Market-Structure-Oscillator
Penunjuk Pine Script®
oleh LuxAlgo
5
Trend Strength IndexThis is a modified Trend Strength Index (TSI) designed for traders who value clear, stable confirmations without mid-candle distortion. ✅ Uses close to lock signals to the previous candle ✅ Built for clean entries with zero line bending during live bars ✅ Ideal for traders who prioritize quality over quantity ✅ Works best when combined with volume, momentum, or trend filters 🔍 Use this indicator for spotting strong trend reversals or momentum shifts with confidence. Note: This is a custom visual tool for confirmation. It does not provide financial advice
Penunjuk Pine Script®
oleh shavarieg
Liquidity Break Probability [PhenLabs]📊 Liquidity Break Probability Version: PineScript™ v6 The Liquidity Break Probability indicator revolutionizes how traders approach liquidity levels by providing real-time probability calculations for level breaks. This advanced indicator combines sophisticated market analysis with machine learning inspired probability models to predict the likelihood of high/low breaks before they happen. Unlike traditional liquidity indicators that simply draw lines, LBP analyzes market structure, volume profiles, momentum, volatility, and sentiment to generate dynamic break probabilities ranging from 5% to 95%. This gives traders unprecedented insight into which levels are most likely to hold or break, enabling more confident trading decisions. 🚀 Points of Innovation Advanced 6-factor probability model weighing market structure, volatility, volume, momentum, patterns, and sentiment Real-time probability updates that adjust as market conditions change Intelligent trading style presets (Scalping, Day Trading, Swing Trading) with optimized parameters Dynamic color-coded probability labels showing break likelihood percentages Professional tiered input system - from quick setup to expert-level customization Smart volume filtering that only highlights levels with significant institutional interest 🔧 Core Components Market Structure Analysis: Evaluates trend alignment, level strength, and momentum buildup using EMA crossovers and price action Volatility Engine: Incorporates ATR expansion, Bollinger Band positioning, and price distance calculations Volume Profile System: Analyzes current volume strength, smart money proxies, and level creation volume ratios Momentum Calculator: Combines RSI positioning, MACD strength, and momentum divergence detection Pattern Recognition: Identifies reversal patterns (doji, hammer, engulfing) near key levels Sentiment Analysis: Processes fear/greed indicators and market breadth measurements 🔥 Key Features Dynamic Probability Labels: Real-time percentage displays showing break probability with color coding (red >70%, orange >50%, white <50%) Trading Style Optimization: One-click presets automatically configure sensitivity and parameters for your trading timeframe Professional Dashboard: Live market state monitoring with nearest level tracking and active level counts Smart Alert System: Customizable proximity alerts and high-probability break notifications Advanced Level Management: Intelligent line cleanup and historical analysis options Volume-Validated Levels: Only displays levels backed by significant volume for institutional-grade analysis 🎨 Visualization Recent Low Lines: Red lines marking validated support levels with probability percentages Recent High Lines: Blue lines showing resistance zones with break likelihood indicators Probability Labels: Color-coded percentage labels that update in real-time Professional Dashboard: Customizable panel showing market state, active levels, and current price Clean Display Modes: Toggle between active-only view for clean charts or historical view for analysis 📖 Usage Guidelines Quick Setup Trading Style Preset Default: Day Trading Options: Scalping, Day Trading, Swing Trading, Custom Description: Automatically optimizes all parameters for your preferred trading timeframe and style Show Break Probability % Default: True Description: Displays percentage labels next to each level showing break probability Line Display Default: Active Only Options: Active Only, All Levels Description: Choose between clean active-only view or comprehensive historical analysis Level Detection Settings Level Sensitivity Default: 5 Range: 1-20 Description: Lower values show more levels (sensitive), higher values show fewer levels (selective) Volume Filter Strength Default: 2.0 Range: 0.5-5.0 Description: Controls minimum volume threshold for level validation Advanced Probability Model Market Trend Influence Default: 25% Range: 0-50% Description: Weight given to overall market trend in probability calculations Volume Influence Default: 20% Range: 0-50% Description: Impact of volume analysis on break probability ✅ Best Use Cases Identifying high-probability breakout setups before they occur Determining optimal entry and exit points near key levels Risk management through probability-based position sizing Confluence trading when multiple high-probability levels align Scalping opportunities at levels with low break probability Swing trading setups using high-probability level breaks ⚠️ Limitations Probability calculations are estimations based on historical patterns and current market conditions High-probability setups do not guarantee successful trades - risk management is essential Performance may vary significantly across different market conditions and asset classes Requires understanding of support/resistance concepts and probability-based trading Best used in conjunction with other analysis methods and proper risk management 💡 What Makes This Unique Probability-Based Approach: First indicator to provide quantitative break probabilities rather than simple S/R lines Multi-Factor Analysis: Combines 6 different market factors into a comprehensive probability model Adaptive Intelligence: Probabilities update in real-time as market conditions change Professional Interface: Tiered input system from beginner-friendly to expert-level customization Institutional-Grade Filtering: Volume validation ensures only significant levels are displayed 🔬 How It Works 1. Level Detection: Identifies pivot highs and lows using configurable sensitivity settings Validates levels with volume analysis to ensure institutional significance 2. Probability Calculation: Analyzes 6 key market factors: structure, volatility, volume, momentum, patterns, sentiment Applies weighted scoring system based on user-defined factor importance Generates probability score from 5% to 95% for each level 3. Real-Time Updates: Continuously monitors price action and market conditions Updates probability calculations as new data becomes available Adjusts for level touches and changing market dynamics 💡 Note: This indicator works best on timeframes from 1-minute to 4-hour charts. For optimal results, combine with proper risk management and consider multiple timeframe analysis. The probability calculations are most accurate in trending markets with normal to high volatility conditions.
Penunjuk Pine Script®
oleh PhenLabs
ALI SPX (5.15) MIN This indicator is designed for SPX and related contracts. It draws key levels based on the first daily candle (9:30 AM market open) on the 15-minute timeframe. It includes: A top line (lime) at the high of the first candle. A bottom line (yellow) at the low of the first candle. A vertical white line within the candle. A full vertical white line extended across the chart for visual reference. Price labels showing the high and low, with symbols 📈 and 📉. A white Kijun-Sen line (from Ichimoku) displayed on all timeframes below 1 hour, calculated using a 15-bar period. The Kijun line helps identify momentum: If price is above both the Kijun and top line → bullish trend. If price is below both → bearish trend. This setup is optimized for scalping or directional bias during intraday trading.
Penunjuk Pine Script®
oleh Aiq910
Opening Range Breakout🧭 Overview The Open Range Breakout (ORB) indicator is designed to capture and display the initial price range of the trading day (typically the first 15 minutes), and help traders identify breakout opportunities beyond this range. This is a popular strategy among intraday and momentum traders. 🔧 Features 📊 ORB High/Low Lines Plots horizontal lines for the session’s high and low 🟩 Breakout Zones Background highlights when price breaks above or below the range 🏷️ Breakout Labels Text labels marking breakout events 🧭 Session Control Customizable session input (default: 09:15–09:30 IST) 📍 ORB Line Labels Text labels anchored to the ORB high and low lines (aligned right) 🔔 Alerts Configurable alerts for breakout events ⚙️ Adjustable Settings Show/hide background, labels, session window, etc. ⏱️ Session Logic • The ORB range is calculated during a defined session window (default: 09:15–09:30). • During this window, the highest high and lowest low are recorded as ORB High and ORB Low. 📈 Breakout Detection • Breakout Above: Triggered when price crosses above the ORB High. • Breakout Below: Triggered when price crosses below the ORB Low. • Each breakout can trigger: • A background highlight (green/red) • A text label (“Breakout ↑” / “Breakout ↓”) • An optional alert 🔔 Alerts Two built-in alert conditions: 1. Breakout Above ORB High • Message: "🔼 Price broke above ORB High: {{close}}" 2. Breakout Below ORB Low • Message: "🔽 Price broke below ORB Low: {{close}}" You can create alerts in TradingView by selecting these from the Add Alert window. 📌 Best Use Cases • Intraday momentum trading • Breakout and scalping strategies • First 15-minute range traders (NSE, BSE markets)
Penunjuk Pine Script®
oleh vasireddiramu78
Logarithmic Moving Average (LMA) [QuantAlgo]🟢 Overview The Logarithmic Moving Average (LMA) uses advanced logarithmic weighting to create a dynamic trend-following indicator that prioritizes recent price action while maintaining statistical significance. Unlike traditional moving averages that use linear or exponential weights, this indicator employs logarithmic decay functions to create a more sophisticated price averaging system that adapts to market volatility and momentum conditions. The indicator displays a smoothed signal line that oscillates around zero, with positive values indicating bullish momentum and negative values indicating bearish momentum. The signal incorporates trend quality assessment, momentum confirmation, and multiple filtering mechanisms to help traders and investors identify trend continuation and reversal opportunities across different timeframes and asset classes. 🟢 How It Works The indicator's core innovation lies in its logarithmic weighting system, where weights are calculated using the formula: w = 1.0 / math.pow(math.log(i + steepness), 2) The steepness parameter controls how aggressively recent data is prioritized over historical data, creating a dynamic weight decay that can be fine-tuned for different trading styles. This logarithmic approach provides more nuanced weight distribution compared to exponential moving averages, offering better responsiveness while maintaining stability. The LMA calculation combines multiple sophisticated components. First, it calculates the logarithmic weighted average of closing prices. Then it measures the slope of this average over a 10-period lookback: lmaSlope = (lma - lma ) / lma * 100 The system also incorporates trend quality assessment using R-squared correlation analysis of log-transformed prices, measuring how well the price data fits a linear trend model over the specified period. The final signal generation uses the formula: signal = lmaSlope * (0.5 + rSquared * 0.5) which combines the LMA slope with trend quality weighting. When momentum confirmation is enabled, the indicator calculates annualized log-return momentum and applies a multiplier when the momentum direction aligns with the signal direction, strengthening confirmed signals while filtering out weak or counter-trend movements. 🟢 How to Use 1. Signal Interpretation and Threshold Zones Positive Values (Above Zero): LMA slope indicating bullish momentum with upward price trajectory relative to logarithmic baseline Negative Values (Below Zero): LMA slope indicating bearish momentum with downward price trajectory relative to logarithmic baseline Zero Line Crosses: Signal transitions between bullish and bearish regimes, indicating potential trend changes Long Entry Threshold Zone: Area above positive threshold (default 0.5) indicating confirmed bullish signals suitable for long positions Short Entry Threshold Zone: Area below negative threshold (default -0.5) indicating confirmed bearish signals suitable for short positions Extreme Values: Signals exceeding ±1.0 represent strong momentum conditions with higher probability of continuation 2. Momentum Confirmation and Visual Analysis Signal Color Intensity: Gradient coloring shows signal strength, with brighter colors indicating stronger momentum Bar Coloring: Optional price bar coloring matches signal direction for quick visual trend identification Position Labels: Real-time position classification (Bullish/Bearish/Neutral) displayed on the latest bar Momentum Weight Factor: When short-term log-return momentum aligns with LMA signal direction, the signal receives additional weight confirmation Trend Quality Component: R-squared values weight the signal strength, with higher correlation indicating more reliable trend conditions 3. Examples: Preconfigured Settings Default: Universally applicable configuration balanced for medium-term investing and general trading across multiple timeframes and asset classes. Scalping: Highly responsive setup with shorter period and higher steepness for ultra-short-term trades on 1-15 minute charts, optimized for quick momentum shifts. Swing Trading: Extended period with moderate steepness and increased smoothing for multi-day positions, designed to filter noise while capturing larger price swings on 1-4 hour and daily charts. Trend Following: Maximum smoothing with lower steepness for established trend identification, generating fewer but more reliable signals optimal for daily and weekly timeframes. Mean Reversion: Shorter period with high steepness for counter-trend strategies, more sensitive to extreme moves and reversal opportunities in ranging market conditions.
Penunjuk Pine Script®
oleh QuantAlgo
5
然哥波浪Pro- WaveTrend direction detection - Customizable overbought and oversold level (set by default just like the original version) - Possibility to modify the length of the channel (set by default same as the original version) - Possibility of modifying mobile period (set by default same as the original version) - Show ONLY overbought sales. - Show all sales. - Show ONLY purchases in oversold. - Show all purchases. - See histogram. - See half signal. - Paint Bars. - Modification of colors.
Penunjuk Pine Script®
oleh yaqianqiaodiqiu888
Auto Support & Resistance [AlgoXcalibur]Instantly visualize support and resistance levels with adaptive breakout prediction and zero chart clutter. Combining reliable pivot level detection, relative volume, and price action confirmation, this tool delivers intelligent S/R zones that adapt to current market conditions. Whether you’re trading breakouts, navigating ranges, or using key levels to manage profits and risk — this indicator automatically identifies important levels for you, reducing your workload so you can better focus on your trades and decision-making. 🧠 Algorithm Logic This ultra-refined Auto Support & Resistance indicator does more than just display reliable support and resistance levels — it applies a minimalist approach to display only the most relevant and actionable zones, while dynamically tracking their structural integrity in real time. The algorithm features unique Breakout Probability Detection — automatically switching lines from solid to dashed when volume and price action suggest a high probability that a breakout will occur. If a level is broken, the next relevant support or resistance level is immediately displayed on the chart, keeping the levels current and actionable so you do not miss critical insight. Optional Price Labels display the price of each level — practical if using these areas for setting take-profits or stop-losses. This algorithm keeps Support & Resistance what they are supposed to be — simple and useful — effortlessly providing a clean, adaptive view of evolving market structure. ⚙️ User-Selectable Features • Breakout Probability Detection: When enabled, lines automatically switch from solid to dashed when volume and price action suggest a high breakout probability. • Price Labels: When enabled, price labels display the price of the S/R for practical reference. 📊 Minimalistic Sophistication Most automated support and resistance tools clutter the chart with dozens of static levels that do not react to price action. This tool displays only the single most relevant support and resistance level at a time, continuously monitoring for breaks and automatically updating when a level is invalidated. With breakout detection built in, it offers a modern, intuitive way to track structural integrity. This tool is designed to prioritize accuracy, adaptability, and visual simplicity — delivering a smart and refined tool for automatically identifying key levels with confidence. 🔐 To get access or learn more, visit the Author’s Instructions section.
Penunjuk Pine Script®
oleh AlgoXcalibur