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Quantile Support & Resistance

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This indicator plots dynamic support and resistance zones based on quantile logic — a statistically grounded method for identifying structural price boundaries.

Support Level: The price below which only a small percentage of lows fall (default: 10%). This approximates a strong demand zone.

Resistance Level: The price above which only a small percentage of highs rise (default: 10%). This approximates a strong supply zone.

Volatility-Adaptive: Levels adjust automatically to changing market conditions using a configurable lookback window.

Quantile Interpolation: Uses sorted price data and fractional indexing to estimate percentile thresholds with precision.

This tool is ideal for traders who want to visualize statistically significant price zones without relying on subjective drawing or fixed levels. It pairs well with breakout strategies, retest logic, and compression overlays.
Note di rilascio
Update:

Added midpoint band for clearer mean-reversion targeting

Refreshed color scheme for improved visual contrast and clarity

Changed default inputs for a better fit

This enhances structural readability and makes entry/exit zones more intuitive across timeframes.

Declinazione di responsabilità

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