OPEN-SOURCE SCRIPT
Support and Resistance by Auto Markets
Support and Resistance by Auto Markets is a powerful tool designed to help traders easily identify key support and resistance levels directly on their charts. These levels are calculated based on the highest highs and lowest lows within a user-defined look back period, providing precise areas to watch for potential price reactions.
Key Features:
• Automatically plots support (green) and resistance (red) lines based on recent price action.
• Adjustable look back period for tailored analysis.
• Clean and user-friendly interface for seamless integration into any trading strategy.
• Includes branding from Auto Markets, a trusted name in the trading community.
How to Use:
1. Adjust the look back period in the settings to fit your trading timeframe.
2. Enable or disable support and resistance lines as needed.
3. Watch for price interactions at these levels to plan trades effectively.
About Auto Markets:
Created by Auto Markets, empowering traders with simple yet effective tools to maximise their trading edge. Visit us at automarkets.co.uk for more trading solutions.
Key Features:
• Automatically plots support (green) and resistance (red) lines based on recent price action.
• Adjustable look back period for tailored analysis.
• Clean and user-friendly interface for seamless integration into any trading strategy.
• Includes branding from Auto Markets, a trusted name in the trading community.
How to Use:
1. Adjust the look back period in the settings to fit your trading timeframe.
2. Enable or disable support and resistance lines as needed.
3. Watch for price interactions at these levels to plan trades effectively.
About Auto Markets:
Created by Auto Markets, empowering traders with simple yet effective tools to maximise their trading edge. Visit us at automarkets.co.uk for more trading solutions.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.