DYNAMIC S&R 2.0

support supportandresistance dynamic dynamiclevels

This indicator shows the support and resistance levels of four periods. Now you can customize it entirely, defining the periods and what you can show, or not.

When a weaker support/resistance is broken you now what is the next support/resistance.

The average of support and resistance can be used as an entry point or as a indicator of bear/bull market (when the close price is below the average the market is bear, and when the close price is above the average the market is bull).

To add to your chart, add this to favorites and in your chart go to indicators, then to favorites, and it will appear on the right side.

Please, give-me your feedback! And a Tip if you will use it.

Open-source Skript

Ganz im Spirit von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es besser verstehen und überprüfen können. Herzlichen Glückwunsch an den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Veröffentlichung unterliegt den Hausregeln. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.

Möchten Sie dieses Skript auf einem Chart verwenden?

study("Dynamic S&R",overlay=true)

// Author: samuelhei
// Tips: 1NR9tyn8tAn6nuQzosaZ2SkfT38PLxN5mf
// Feel free to use this script as you want!

a = input(400,"A (bars back)") 
ha = input(true,"Habilitate A",type=bool)
hb = input(true,"Habilitate B",type=bool)
hc = input(true,"Habilitate C",type=bool)
hd = input(true,"Habilitate D",type=bool)

cb = input(0,"Custom B 0=(A/2)",type=integer)
cc = input(0,"Custom C 0=(B/2)",type=integer)
cd = input(0,"Custom D 0=(C/2)",type=integer)


hac = input(true,"Habilitate Average of support and resistance of D", type=bool)
avm = input(1,"Multiplier of averege line.", type=float)

b = cb ? cb : a/2
c = cc ? cc :b/2
d = cd ? cd :c/2

hga = highest(close,a)
hgb = highest(close,b)
hgc = highest(close,c)
hgd = highest(close,d)

la = lowest(close,a)
lb = lowest(close,b)
lc = lowest(close,c)
ld = lowest(close,d)

pha = plot(ha ? hga : na,"Highest A",gray)
phb = plot(hb ? hgb : na,"Highest B",gray)
phc = plot(hc ? hgc : na,"Highest C",gray)
phd = plot(hd ? hgd : na,"Highest D",gray)


fill(pha,phb,black,70)
fill(phb,phc,black,80)
fill(phc,phd,black,90)

pla = plot(ha ? la : na,"Lowest A",gray)
plb = plot(hb ? lb : na,"Lowest B",gray)
plc = plot(hc ? lc : na,"Lowest C",gray)
pld = plot(hd ? ld : na,"Lowest D",gray)

fill(pla,plb,black,70)
fill(plb,plc,black,80)
fill(plc,pld,black,90)

av = ((hgd + ld) / 2)*avm

plot(hac ? av : na,"Average",black)

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