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Statistical Reversal Zones
Statistical Reversal Zones
Statistical Reversal Zones is an intraday support and resistance indicator designed to identify potential price reaction and reversal areas based on statistical distance from the Daily Open.
Instead of plotting traditional single support and resistance lines, the indicator creates configurable reversal zones above and below the day's opening price. Resistance zones are displayed as R1–R4, while support zones are displayed as S1–S4.
When price enters a zone and subsequently rejects it, the indicator tracks each confirmed reaction. Repeated reactions from the same zone are numbered 1, 2, 3, 4..., helping traders visually identify zones that price has respected multiple times during the session.
The built-in dashboard provides the current price range and status of every zone:
WAITING: Price has not interacted with the zone
IN/TOUCHED: Price has reached the zone
REJECTED: Price entered the zone and subsequently closed back through its inner boundary
BROKEN: Price closed beyond the outer boundary of the zone
Once a zone is broken, its BROKEN status remains active for the rest of that trading day.
The indicator also provides customizable zone widths, optional center lines, Daily Open display, zone-entry alerts, rejection indications, and individual controls for displaying each R/S zone.
Important: These zones represent statistical price-reaction areas and should not be interpreted as guaranteed reversal points or standalone Buy/Sell signals. They are best used alongside price action, trend, volume, VWAP, or other confirmation methods.
Recommended use: Intraday trading and identifying potential support, resistance, rejection, breakout, and reversal areas.
Statistical Reversal Zones is an intraday support and resistance indicator designed to identify potential price reaction and reversal areas based on statistical distance from the Daily Open.
Instead of plotting traditional single support and resistance lines, the indicator creates configurable reversal zones above and below the day's opening price. Resistance zones are displayed as R1–R4, while support zones are displayed as S1–S4.
When price enters a zone and subsequently rejects it, the indicator tracks each confirmed reaction. Repeated reactions from the same zone are numbered 1, 2, 3, 4..., helping traders visually identify zones that price has respected multiple times during the session.
The built-in dashboard provides the current price range and status of every zone:
WAITING: Price has not interacted with the zone
IN/TOUCHED: Price has reached the zone
REJECTED: Price entered the zone and subsequently closed back through its inner boundary
BROKEN: Price closed beyond the outer boundary of the zone
Once a zone is broken, its BROKEN status remains active for the rest of that trading day.
The indicator also provides customizable zone widths, optional center lines, Daily Open display, zone-entry alerts, rejection indications, and individual controls for displaying each R/S zone.
Important: These zones represent statistical price-reaction areas and should not be interpreted as guaranteed reversal points or standalone Buy/Sell signals. They are best used alongside price action, trend, volume, VWAP, or other confirmation methods.
Recommended use: Intraday trading and identifying potential support, resistance, rejection, breakout, and reversal areas.
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。