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Visible Range Support and Resistance [BigBeluga]

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🔵 OVERVIEW
Visible Range Support and Resistance [BigBeluga] is a dynamic support/resistance tool that analyzes price structure only within the visible range of your chart. It detects key levels based on clustered pivots inside a binned vertical range and highlights zones where price has historically reacted. The tool adjusts in real-time as you pan or zoom, offering adaptive precision at any scale.

🔵 CONCEPTS
  • Pivot Clustering: Price highs/lows are collected into horizontal "bins" across the visible chart range. If multiple pivots align within a bin, that area is marked as a potential support or resistance zone.
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  • Visible Range Only: Calculations are limited strictly to the bars currently visible on the chart. Zooming or panning changes the result.
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  • Bin System: The visible high-to-low range is divided into 100 horizontal zones (bins) to group pivots and detect confluence.
  • Multi-Threshold Detection: Users can enable two separate S/R detection levels with different pivot count thresholds for more nuanced signals. The more pivot points a level has, the thicker and richer the color.
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  • Directional Context: Labels include arrows (▲ or ▼) to show whether the current price is above (support) or below (resistance) each zone.
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  • Range Boundaries: The top and bottom of the visible range are marked with dashed lines and labeled as Top Range and Bottom Range.
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🔵 FEATURES
  • Detects S/R zones based on the number of pivots found within each price bin.
  • 100 horizontal bins divide the visible price range, allowing high resolution detection.
  • Only uses data from visible bars—zooming out recalculates the indicator for more data.
  • Customizable number of pivot confirmations (e.g., 2, 3, 4, 5) before a level is shown.
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  • Dual-level detection lets you show stronger and weaker zones separately.
  • Automatically colors support (green) and resistance (blue) with dynamic intensity.
  • Labels show pivot count and direction (support/resistance).
  • Automatic cleanup of overlapping levels for visual clarity.
  • Dashed top/bottom range markers help define the visible scope.
  • Session SMA calculates from the visible range start (from the chart edge)
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  • Visible range bars count
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🔵 HOW TO USE
  • Zoom in for precise intra-range support and resistance zones based on current structure.
  • Zoom out to load more pivot data and identify long-term levels.
  • Use the pivot threshold (e.g., 3 or 4) to control signal strength—higher = stronger levels.
  • Watch for price reactions or breakouts around high-pivot zones to identify key areas.
  • Combine with trend, volume, or order flow tools to confirm the relevance of each S/R zone.
  • Adjust line and label colors for better contrast with your chart theme.


🔵 CONCLUSION
Visible Range Support and Resistance [BigBeluga] is a smart, range-sensitive tool for mapping meaningful horizontal levels. By scanning only what you see on the screen, it provides an adaptive edge to traders focused on real-time price action. Whether you’re scalping short-term zones or zooming out for macro structure, this tool flexes with your view to keep the most relevant levels front and center.
Release Note
- automatic levels width

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