OPEN-SOURCE SCRIPT
High-Confidence Support & Resistance
Strong touch point pivotal areas with historical data. Only plots support and resistance area with 15 or more touching points near key market structure. It will only plot a pivot line with 3 confluences.
1.15 or more touch points.
2. near market structure.
3. in confluence with volume profiles.
1.15 or more touch points.
2. near market structure.
3. in confluence with volume profiles.
Open-source script
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.
Disclaimer
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.
Open-source script
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.
Disclaimer
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.