OPEN-SOURCE SCRIPT
Updated Simple Pivot S/R Zones
Plots simple support and resistance zones based on confirmed pivot highs and lows.
This indicator highlights the most recent pivot-based resistance and support areas as clean price zones extended to the right.
Features:
- pivot-based support and resistance zones
- clean zone visualization
- configurable zone width using ATR
- lightweight and easy to read
This script is intended as a chart structure aid, not as a standalone trading signal.
This indicator highlights the most recent pivot-based resistance and support areas as clean price zones extended to the right.
Features:
- pivot-based support and resistance zones
- clean zone visualization
- configurable zone width using ATR
- lightweight and easy to read
This script is intended as a chart structure aid, not as a standalone trading signal.
Release Notes
Plots simple support and resistance zones based on confirmed pivot highs and lows.This indicator highlights the most recent pivot-based resistance and support areas as clean price zones extended to the right.
Features:
- pivot-based support and resistance zones
- clean zone visualization
- configurable zone width using ATR
- lightweight and easy to read
This script is intended as a chart structure aid, not as a standalone trading signal.
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.