OPEN-SOURCE SCRIPT
IndicatorNeo_Support_Resistance_Alerts
## IndicatorNeo_Support_Resistance_Alerts
IndicatorNeo_Support_Resistance_Alerts is a breakout-focused TradingView indicator that identifies confirmed support and resistance levels using pivot highs and pivot lows. It helps traders monitor potential long and short breakout opportunities while providing structured alert messages containing the entry, stop-loss, and take-profit levels.
### Key Features
- Automatically detects support from confirmed pivot lows.
- Automatically detects resistance from confirmed pivot highs.
- Filters nearby levels to reduce chart noise and repeated level updates.
- Supports two minimum-distance calculation methods:
- Percentage-based distance
- ATR-based distance using `ta.atr(14) × ATR Multiplier`
- Displays support and resistance levels as extended horizontal lines.
- Generates long signals when price crosses above the latest resistance.
- Generates short signals when price crosses below the latest support.
- Uses confirmed bar-close signals to reduce intrabar noise.
- Calculates stop-loss and take-profit levels using ATR-based price distance.
- Provides independent Stop and Target multipliers.
- Supports machine-readable alert messages for automation and external systems.
### Alert Format
Long signal:
```
signal=long | entry=200.5 | stop=195.5 | target=210.5
```
Short signal:
```
signal=short | entry=200.5 | stop=205.5 | target=195.5
```
### How It Works
A support or resistance level is accepted only when the detected pivot is sufficiently far from the latest opposing level. The minimum distance can be calculated using either a percentage threshold or an ATR-based threshold.
When a confirmed candle closes across the latest resistance, the indicator generates a long signal. When a confirmed candle closes below the latest support, it generates a short signal.
Stop-loss and take-profit distances are based on:
```
ATR Distance = ta.atr(14) × ATR Multiplier
```
The configured Stop Multiplier and Target Multiplier independently scale the stop-loss and take-profit distances.
### Important Notes
This indicator is designed to detect breakout conditions and calculate reference risk levels. It does not place, manage, or close broker orders. Traders should combine the signals with their own market analysis, risk management, and trading plan. Past performance does not guarantee future results.
IndicatorNeo_Support_Resistance_Alerts is a breakout-focused TradingView indicator that identifies confirmed support and resistance levels using pivot highs and pivot lows. It helps traders monitor potential long and short breakout opportunities while providing structured alert messages containing the entry, stop-loss, and take-profit levels.
### Key Features
- Automatically detects support from confirmed pivot lows.
- Automatically detects resistance from confirmed pivot highs.
- Filters nearby levels to reduce chart noise and repeated level updates.
- Supports two minimum-distance calculation methods:
- Percentage-based distance
- ATR-based distance using `ta.atr(14) × ATR Multiplier`
- Displays support and resistance levels as extended horizontal lines.
- Generates long signals when price crosses above the latest resistance.
- Generates short signals when price crosses below the latest support.
- Uses confirmed bar-close signals to reduce intrabar noise.
- Calculates stop-loss and take-profit levels using ATR-based price distance.
- Provides independent Stop and Target multipliers.
- Supports machine-readable alert messages for automation and external systems.
### Alert Format
Long signal:
```
signal=long | entry=200.5 | stop=195.5 | target=210.5
```
Short signal:
```
signal=short | entry=200.5 | stop=205.5 | target=195.5
```
### How It Works
A support or resistance level is accepted only when the detected pivot is sufficiently far from the latest opposing level. The minimum distance can be calculated using either a percentage threshold or an ATR-based threshold.
When a confirmed candle closes across the latest resistance, the indicator generates a long signal. When a confirmed candle closes below the latest support, it generates a short signal.
Stop-loss and take-profit distances are based on:
```
ATR Distance = ta.atr(14) × ATR Multiplier
```
The configured Stop Multiplier and Target Multiplier independently scale the stop-loss and take-profit distances.
### Important Notes
This indicator is designed to detect breakout conditions and calculate reference risk levels. It does not place, manage, or close broker orders. Traders should combine the signals with their own market analysis, risk management, and trading plan. Past performance does not guarantee future results.
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
PUSH(Persist-Until-Success-Happens)
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。