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TRI - Support/Resistance Zones

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TRI - SUPPORT/RESISTANCE ZONES v1.0

DESCRIPTION:
Professional support and resistance level indicator based on body pivot analysis.
Unlike traditional indicators that use wicks (high/low), this tool identifies key levels
using candle bodies (open/close), providing more reliable and significant price zones.

KEY FEATURES:
  • Body-based pivot detection for more meaningful levels
  • Automatic level validation (excludes breached levels)
  • Smart level filtering (avoids cluttered charts)
  • Configurable number of support/resistance levels (1-5 each)
  • Visual customization (colors, transparency, line extension)
  • Real-time breakout alerts for resistance and support levels
  • Clean and intuitive interface with price labels


HOW IT WORKS:
The indicator scans historical price action to identify pivot points based on candle bodies.
Only valid levels (not breached since formation) are displayed. Levels are automatically
filtered by proximity to avoid visual clutter while maintaining the most relevant zones.
Breakout alerts trigger when price closes above resistance or below support.

BEST USE:
Ideal for swing trading, day trading, and identifying key decision points.
Works on all timeframes and asset classes.
Versionshinweise
TRI - SUPPORT/RESISTANCE ZONES v1.0

DESCRIPTION:
Professional support and resistance level indicator based on body pivot analysis.
Unlike traditional indicators that use wicks (high/low), this tool identifies key levels
using candle bodies (open/close), providing more reliable and significant price zones.

KEY FEATURES:
  • Body-based pivot detection for more meaningful levels
  • Automatic level validation (excludes breached levels)
  • Smart level filtering (avoids cluttered charts)
  • Configurable number of support/resistance levels (1-5 each)
  • Visual customization (colors, transparency, line extension)
  • Real-time breakout alerts for resistance and support levels
  • Clean and intuitive interface with price labels


HOW IT WORKS:
The indicator scans historical price action to identify pivot points based on candle bodies.
Only valid levels (not breached since formation) are displayed. Levels are automatically
filtered by proximity to avoid visual clutter while maintaining the most relevant zones.
Breakout alerts trigger when price closes above resistance or below support.

BEST USE:
Ideal for swing trading, day trading, and identifying key decision points.
Works on all timeframes and asset classes.
Versionshinweise
TRI - SUPPORT/RESISTANCE ZONES v1.0

DESCRIPTION:
Professional support and resistance level indicator based on body pivot analysis.
Unlike traditional indicators that use wicks (high/low), this tool identifies key levels
using candle bodies (open/close), providing more reliable and significant price zones.

KEY FEATURES:
  • Body-based pivot detection for more meaningful levels
  • Automatic level validation (excludes breached levels)
  • Smart level filtering (avoids cluttered charts)
  • Configurable number of support/resistance levels (1-5 each)
  • Visual customization (colors, transparency, line extension)
  • Real-time breakout alerts for resistance and support levels
  • Clean and intuitive interface with price labels


HOW IT WORKS:
The indicator scans historical price action to identify pivot points based on candle bodies.
Only valid levels (not breached since formation) are displayed. Levels are automatically
filtered by proximity to avoid visual clutter while maintaining the most relevant zones.
Breakout alerts trigger when price closes above resistance or below support.

BEST USE:
Ideal for swing trading, day trading, and identifying key decision points.
Works on all timeframes and asset classes.

Haftungsausschluss

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