HASSAN ABDULLAH

//version=5
indicator("Support/Resistance with Long/Short Entry & Exit", overlay=true)

// User Inputs
pivotLen = input.int(5, title="Pivot Length", minval=1)
sensitivity = input.float(1.5, title="Sensitivity (%)", step=0.1)

// Calculate pivot points for potential support (pivot lows) and resistance (pivot highs)
pivotHigh = ta.pivothigh(high, pivotLen, pivotLen)
pivotLow = ta.pivotlow(low, pivotLen, pivotLen)

// Plot pivot shapes for visual reference
plotshape(pivotHigh, title="Resistance Pivot", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.tiny)
plotshape(pivotLow, title="Support Pivot", style=shape.triangleup, location=location.belowbar, color=color.green, size=size.tiny)

// Store the most recent support and resistance levels
var float currentResistance = na
var float currentSupport = na

if not na(pivotHigh)
currentResistance := high[pivotLen]
if not na(pivotLow)
currentSupport := low[pivotLen]

// Plot the current support and resistance lines
plot(currentResistance, title="Resistance", style=plot.style_line, color=color.red, linewidth=2)
plot(currentSupport, title="Support", style=plot.style_line, color=color.green, linewidth=2)

// Define Long/Short Entry and Exit Conditions
// Long Entry: price closes above current resistance by the sensitivity percentage
longEntry = not na(currentResistance) and (close > currentResistance * (1 + sensitivity / 100))
// Long Exit: price closes below current support by the sensitivity percentage
longExit = not na(currentSupport) and (close < currentSupport * (1 - sensitivity / 100))

// Short Entry: price closes below current support by the sensitivity percentage
shortEntry = not na(currentSupport) and (close < currentSupport * (1 - sensitivity / 100))
// Short Exit: price closes above current resistance by the sensitivity percentage
shortExit = not na(currentResistance) and (close > currentResistance * (1 + sensitivity / 100))

// Plot signals on the chart for clarity
plotshape(longEntry, title="Long Entry", location=location.belowbar, color=color.blue, style=shape.arrowup, size=size.small)
plotshape(longExit, title="Long Exit", location=location.abovebar, color=color.orange, style=shape.arrowdown, size=size.small)
plotshape(shortEntry, title="Short Entry", location=location.abovebar, color=color.purple, style=shape.arrowdown, size=size.small)
plotshape(shortExit, title="Short Exit", location=location.belowbar, color=color.yellow, style=shape.arrowup, size=size.small)