OPEN-SOURCE SCRIPT
M&M Nifty Edge Level

Opening Price–Based Resistance Zones
Resistance zones (R1 & R2) are derived from the current day’s opening price using configurable percentage distances.
These zones highlight potential supply areas where upward price movement may slow down or reverse.
🟩 Opening Price–Based Support Zones
Support zones (S1 & S2) are also calculated from the opening price using adjustable percentage bands.
These areas mark potential demand zones where price may find support or bounce.
🎯 Visual Structure
Magic Line displayed as a customizable horizontal line
Resistance zones shown in orange
Support zones shown in green
Zones appear as shaded price areas between two levels
All levels are drawn as clean, non-connected lines for clear intraday structure
⚙️ Customization
Users can:
Adjust all percentage values for zones
Change line colors, widths, and styles
Modify zone transparency
Show or hide Magic Line and Zones independently
Resistance zones (R1 & R2) are derived from the current day’s opening price using configurable percentage distances.
These zones highlight potential supply areas where upward price movement may slow down or reverse.
🟩 Opening Price–Based Support Zones
Support zones (S1 & S2) are also calculated from the opening price using adjustable percentage bands.
These areas mark potential demand zones where price may find support or bounce.
🎯 Visual Structure
Magic Line displayed as a customizable horizontal line
Resistance zones shown in orange
Support zones shown in green
Zones appear as shaded price areas between two levels
All levels are drawn as clean, non-connected lines for clear intraday structure
⚙️ Customization
Users can:
Adjust all percentage values for zones
Change line colors, widths, and styles
Modify zone transparency
Show or hide Magic Line and Zones independently
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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。