📊 📊 Support Resistance Channels (15M,D) by.DCX

<Support Resistance Channels (15M,D) by.DCX>


🔥 The only indicator you’ll ever need for scalping or swing trading. Period.

💡 Tired of messy charts full of meaningless lines?
This script automatically draws only the most meaningful support and resistance levels based on pivots –
optimized for both 15-minute scalping and daily timeframe swing trading.

💥 Why This Indicator Is a Game-Changer:
✅ Automatic Precision Detection – Finds real, battle-tested levels using pivot highs/lows
✅ Smart Noise Reduction – Merges nearby zones to reduce clutter
✅ Timeframe-Aware Logic
 🔹 Daily Zones (Blue): Always visible
 🔹 15-Minute Zones (Purple): Only shown when viewing timeframes below 4H
✅ Fully Customizable
 🔹 Adjust pivot sensitivity, number of lines, merge distance – everything

🧠 Who Should Use This?
Scalpers who want sniper-level entries based on proven intraday zones

Swing traders who need clean, reliable daily levels

Anyone who hates cluttered charts and wants clarity

📈 Pro Tips:
Lower the “Max S/R Levels” to show only the most critical zones
 👉 Try setting to 3–5 to highlight institutional-grade levels

Tune “Merge Distance (%)” to filter overlapping zones (recommended: 0.3–0.5%)

💬 TL;DR
🧲 “You’ll never need to draw S/R lines manually again. This script does it smarter.”