I came up with a new algorithm to detect resistance and support levels, along with their strengths, and here are some of the results with explanations on the images:
Annoyingly, I am not allowed to put in the links to the images without 'PRO' so here is the URL to the library (I apologise if tradingview reformats it): postimg.cc/gallery/c15QtHj
Note: every line/signal is 100% computer generated based on repeatable logic and analysis and can run in real-time.
In my opinion, these are great results - especially for the first version!
Coded in Python with the main modules: 'python-binance' (unofficial API library), 'numpy', 'pandas' and 'mplfinance' (for graphing).
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