Dynamical Support and Resistance [Fournier-Eaton]

The Dynamical Support and Resistance Indicator finds support and resistance levels.

The plot is price relative: if the indicator nears one of its supports or resistances then the price is likewise nearing a support.

The levels are dynamical: once a support or resistance is broken, a new calculation is performed.

There are 3 supports and 3 resistances each with a longer time-frame. Breaking through the first shouldn't signal much, breaking through the third is programmed to only happen at a significant number of standard deviations.

Enjoy. Feedback appreciated

เอกสารเผยแพร่

Clearer Upper and lower levels
Enhanced performance in higher volatility
More responsive tight-bound levels.

เอกสารเผยแพร่

- Clearer zones by coloring
- Better self-adjusting look-back.

สคริปต์ที่ได้รับการป้องกัน

สคริปต์นี้ถูกเผยแพร่เป็นแบบ closed-source However, you can use it freely and without any limitations – learn more here.

etothepii

คำจำกัดสิทธิ์ความรับผิดชอบ

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.

สคริปต์ที่ได้รับการป้องกัน

สคริปต์นี้ถูกเผยแพร่เป็นแบบ closed-source However, you can use it freely and without any limitations – learn more here.

etothepii