alexgrover

Hirashima Sugita R/S

R/S is a indicator invented by Hirashima Sugita. The purpose of R/S is to provide automatic Support and Resisstance lines.



A short period length adapt the indicator for short terms Supports and Resisstance and long period length to long terms support and resistance . Hirashima Sugita dont recommend to use this indicator for trade channel breakout. I tried to remake this indicator but it can be incomplete, some functions of the original indicator are too complex for me.

I think the indicator work well with all markets and time frames but feel free to modify the indicator if you want.



Hope you find it useful.Good trades :)
Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con las Normas internas. Puede marcarlo como favorito para usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?
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You can also check out some of the indicators I made for luxalgo : https://www.tradingview.com/u/LuxAlgo/#published-scripts

Comentarios

Works like a dream, especially when combined with a linear support/resistance indicator.
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