OPEN-SOURCE SCRIPT

PVSRA High Volume Lines MTF - Daily

296
This indicator identifies Daily candles with significant volume activity based on the traditional PVSRA calculation.

When a high-volume Daily candle is detected, the indicator plots support and resistance levels at the high and low of that specific candle.

These Daily-based levels are then projected onto lower timeframes, allowing traders to visualize higher-timeframe support and resistance zones directly on intraday charts.

The indicator focuses only on days with elevated volume, rather than plotting levels for every Daily candle.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.