MoneyPlant-Auto Support Resistance V2.0

🧭 Overview
MoneyPlant – Auto Support Resistance is a professional-grade indicator designed to automatically detect dynamic Support and Resistance levels using real-time market structure.
It combines trend confirmation, structure analysis, and momentum logic to identify high-probability trading zones in all market conditions.

⚙️ Core Concept
This indicator uses a unique combination of classic and proprietary logic to filter only the most relevant S/R levels:

• Dynamic Support/Resistance Mapping: Detects strong reaction levels based on price structure, candle rejection points, and breakout validation.
• EMA & WMA Trend Filter: Uses a triple-moving-average model (default EMA 18, EMA 25, and WMA 7) to confirm current market bias.
• MACD Momentum Filter: Confirms trend strength and helps avoid false breakouts.
• Smart Alignment Logic: Generates signals only when structure, trend, and momentum all align in the same direction.

🧠 How It Works
1. Buy Setup:
 When price breaks above a resistance level with bullish EMA/WMA alignment and positive MACD momentum → Buy Signal triggers.
2. Sell Setup:
 When price breaks below a support level with bearish EMA/WMA alignment and negative MACD momentum → Sell Signal triggers.
3. Auto-Refreshing Zones:
 Support and Resistance zones update dynamically as market structure evolves.

🎯 Best Use Cases
• Works effectively on Stocks, Indices, Forex, and Commodities (e.g., XAUUSD, NIFTY, BANKNIFTY ).
• Ideal for Intraday & Swing Trading (15 min – 1 hour timeframes).
• Fully compatible with TradingView alerts and automation tools.

💡 Key Features
✅ Automatic Support/Resistance detection
✅ Adaptive EMA + WMA + MACD trend logic
✅ Real-time Buy/Sell alerts
✅ Multi-timeframe compatibility
✅ Optimized for clean chart visuals

⚖️ Recommended Settings
• EMA Fast: 18
• EMA Slow: 25
• WMA Filter: 7
• MACD: Default parameters
(Users may adjust EMA/WMA settings according to their own trading style.)

🔒 How to Get Access
To get access to this invite-only script, please send me a private message on TradingView or use the link in my profile.
Once your username is added via Manage Access, you’ll be able to use the indicator.

🧾 Notes for Traders
This tool does not repaint, and it’s meant for educational and analytical purposes only.
Each license is valid for one TradingView username — no resale or redistribution is permitted.

Developed by MoneyPlant
Smart Automation for Professional Traders