OPEN-SOURCE SCRIPT

Etwas31 Precision zones and trend

42
Title: Etwas31 Precision zones and trend

Overview: Get a complete market overview at a single glance. This script combines a comprehensive trend/volatility dashboard with automated, high-precision supply and demand zones. It filters out noise and highlights key market structures to improve your trading accuracy.

Key Features:

1. 📊 Advanced MTF Dashboard (5m - 1W)

Trend Monitor: Uses EMA 20 & 50 alignment to accurately detect Bullish, Bearish, or Neutral (Choppy) markets. No more guessing the trend.

Volatility Scanner: Utilizing ATR logic, it signals whether the market is active (High ⚡) or dormant (Low 💤) for each timeframe.

2. 🎯 Precision Support & Resistance Zones

Real Structure: Unlike simple lines, zones are drawn based on candle wicks (High to Body / Low to Body) to reflect the actual "thickness" of market interest.

Visual Hierarchy:

Weak Zones (15m, 30m): Displayed as Hollow/Dashed boxes. Ideal for scalping or short-term targets.

Strong Zones (1H, 4H, 1D, 1W): Displayed as Solid/Filled boxes. These are key levels for reversals and major trend continuation.

Auto-Extension: Zones automatically extend to the current price action for easy tracking.

3. ⚙️ Customizable & Clean

Fully customizable colors and visibility settings.

Optimized to prevent chart clutter while providing maximum information.

How to Use:

Use the Dashboard to align your trades with the higher timeframe trend (e.g., trade with the 4H trend).

Wait for Volatility (⚡) to confirm momentum.

Enter trades when price reacts at Solid Zones (Strong S/R) or use Hollow Zones for intraday scalp targets.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน