OPEN-SOURCE SCRIPT

Supp_Ress_V1

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This indicator automatically plots support and resistance levels using confirmed pivot highs and lows, then manages them smartly by merging nearby levels, extending them, and removing them once price breaks through.

It also draws trendlines by connecting valid higher-lows (uptrend) or lower-highs (downtrend), ensuring they slope correctly and have enough spacing between pivots.

In short: it gives you a clean, trader-like map of the most relevant S/R zones and trendlines, updating dynamically as price action unfolds.

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.