Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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The script uses high/low/higher high/lower low for Support and Resistance identification but takes into account only pivots with wick making low/high opposite to candle body. Such candles point to hard market swings into during candle timeframe. Price usually come bake to such levels and make double top/bottom, divergences on different osc or starts a new trend if this level is broken. If Support lvl and Resistance lvl meets the movement of price in the direction from this combined lvl is much accelerated. examples
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added bar colors for better trend visualization - close over support and resistance = green, above = red