INVITE-ONLY SCRIPT

Auto Support & Resistance Zones

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The script automatically identifies support and resistance zones for any instrument on any timeframe. Each zone is displayed from the moment it is formed and remains on the chart until a confirmed breakout — when a candle of the current timeframe closes beyond the zone boundary. After a confirmed breakout, the zone is automatically removed.

Each zone displays:

* traded volume within the zone
* number of candle touches

These parameters may be used to assess the *stability of a zone*. Additionally, the relative “strength” of zones is visually represented by their duration and width (price height).

By default:

* resistance zones are displayed with a purple background
* support zones are displayed with a light blue background

The settings provide flexible customization options:

* custom zone colors,
* number of displayed zones,
* maximum distance of zones from the current price.

The script is distributed in private-only format and is intended exclusively for visual analysis of market structure.
It is not a trading strategy and does not provide investment advice.

Haftungsausschluss

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