Res/Sup With Concavity & Increasing / Decreasing Trend Analysis

Purple means the concavity is down blue means concavity is up which is good.
Yellow means increasing, Red means decreasing.

Sup = Green
Res = Red

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Added a far more accurate resistance/support line generator.

Also added plot shapes to indicate touches.

Not financial advice, however, please put ideas below of what you would like in the future.

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Visual Change to Derivative Concave and Increase/Decrease indicator

Whtie means no signal. Green means both agree. Red means both disagree.

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Added Range identifier highlights tightly bound price highlights yellow.

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Added the input for range accuracy lower is better too low = no range because prices are not usually exactly the same.

Fixed-line 160.

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Script updated to V6
- Overlay = true added so you no longer need to merge scales.
- Opacity on colors removed due to version upgrade

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In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

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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.

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