OPEN-SOURCE SCRIPT
Near N Bars Real Body High and Low Support and Resistance
This indicator dynamically identifies support and resistance levels based on the highest and lowest values of the real bodies (open and close prices) of the most recent N bars. Users can interactively select the starting bar by clicking on the chart, and the script calculates the highest high and lowest low within the specified range, drawing horizontal support and resistance lines accordingly. The lines can be extended to the left and right according to user inputs. This tool helps traders visually identify key price levels for technical analysis based on recent price action.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.