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Resistance & Support Dynamic PRO [ChartWhizzperer]

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Resistance & Support Dynamic PRO | Algorithmic Zones by ChartWhizzperer

The revolution in chart hygiene.
Most support and resistance indicators share a massive flaw: they turn your chart into an unreadable mess of endless lines and boxes within hours. They possess no memory, no filters, and crucially – no logic for self-cleaning.

As a system architect, I developed the Resistance/Support Dynamic™ PRO to solve this problem mathematically. This open-source indicator does not merely draw zones. It evaluates them, ages them, and purges them when they become obsolete.

CORE FEATURES (Why this indicator is different):
Smart Mitigation Protocol (Purge Logic): Once a zone has been breached or chopped by the market too many times, it loses its institutional relevance. The algorithm detects these structural breaks (strikes) and permanently purges the dead zone from the chart. No more ghosting.

Alpha Decay Engine: Nothing lasts forever – especially not in trading. Zones fade over time (transparency scales mathematically with the zone's age). Current hotspots are highly visible, whilst older levels smoothly fade into the background.

Volume Validation: Not every pivot point represents genuine Smart Money. If this filter is active, an S/R zone is only drawn if the origin candle exhibits above-average volume (SMA-verified).

ATR-Based Sizing & Overlap Guard: The thickness of the zones dynamically adapts to market volatility (ATR). Furthermore, the overlap guard prevents new zones from being drawn over existing ones, preventing visual clutter.

Examine the source code: This is not spaghetti code. It is highly efficient, object-oriented Pine Script (v6) featuring clean array management and User-Defined Types (UDTs).

THE BITTER TRUTH OF TRADING (And the next logical step)
This indicator provides you with the ultimate map. It shows you with clinical precision exactly where Smart Money has left liquidity.

However, a map does not pull the trigger. Ask me for more!

Disclaimer
Signals and alerts are provided for informational purposes only and do not constitute financial advice or a recommendation to buy or sell.
Trading involves substantial risk and may result in the total loss of capital. Execution via third-party tools may differ from alerts. Past performance is not indicative of future results.
Sürüm Notları
04.07.2026 - Bug fixes based on user reports that the script is not running in their account
Sürüm Notları
- 04.08.2026 The issue where the script did not work on all timeframes has now been resolved.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.