jdlim

Support and Resistance Levels with auto Fibonacci

Identify horizontal support and resistance lines using your choice of 6 methods.

Available options
  • Lookback window: Number of bars back to consider in calculations
  • Lookback window right (only applicable for methods 3 and 4): Number of bars to the right to consider in calculations
  • Number of S/R lines to plot: S/R lines to plot (currently the max setting is 4 so 8 lines due to pine limitations. I can post separate scripts for each method that allow more depending on user feedback)
  • Use Custom Time Frame? ( M1 , M6, M5 only work if viewing lower TF): Set a custom timeframe in minutes, then 1D for daily, 3D for 3 daily etc.
  • Calculation offset: How many of the most recent bars to ignore in the calculations.
  • Update Frequency: How many bars to wait until updating the lines since the last update.

Things to tweak.
  • I still need to test the methods, depending on that and feedback I can post separate scripts for each method that allow more depending lines or scrap some.
  • I'll tweak the parameters for using linebreaks to scrap them. Currently required a three close through it (so two in one direction and one in the other).
  • Fibs don't work on the static timeframe as I've reached certain restriction in the coding system.


Link to setup video tutorial


Below are some examples using the default settings (which I have not optimized as of yet)
Method 1

Method 2

Method 3

Method 4

Method 5

Method 6




Links to my other indicators
TD sequential indicator


TD sequential indicator screener


Oscillator Divergences


Oscillator Divergences Screener


Swing Points and Swing Failure Patterns


Swing Points and Swing Failure Patterns Screener


TD alternatives


RSI with a horizontal line


Plot MAs



Average directional index with directional movement indicator


Market Hours


Referral Links
Bitmex 10% fee discount for 6 months
https://www.bitmex.com/register/Ilzb0e
TradingView (50% off after trial period ends)
https://tradingview.go2cloud.org/SH2Hg

Tip Jar
BTC: 1FgEeDDMF7QKydQPJVCDjp7ypjREp8XG6c
LTC: LM9KsXz7GUxCN9g9EjTC8ayviDEmBK14rw
Note di rilascio: V1.01
-I fixed an issue with the "Only update and scrap line if three closes through it" option
-Added suboption to the above to scrap line after a certain period
-Also, note that if a resistance line becomes support its plotted as light green and light red for support to resistance
Note di rilascio: V1.02
-further refined the "Only update and scrap line if three closes through it" and "And Scrap line after this many new candles" options. they still not behaving as I want but much better.
Rimuovi dagli script preferiti Aggiungi agli script preferiti
May i have access please?
Rispondi
Hello, may I have access to this indicator as well? Thanks, John
Rispondi
Hello, May I have access to this indicator?
Rispondi
Could I please have access to this indicator?
+1 Rispondi
@jdlim Sir, can I have access to the indi as well? Thank You.
+2 Rispondi
Hi Jim! please can I get access? Thank you!!
+1 Rispondi
Hi, Jim
May I get the access to your indicators?
Many thanks for your work.
+1 Rispondi
Can you give me access?
+1 Rispondi
Sir, please grant me an access.
+3 Rispondi
Hi, can you please give me access to this script? Interested to try it out!
+1 Rispondi
Home Screener azioni Screener forex Screener cripto Calendario economico Come funziona Caratteristiche Grafico Costi Regolamento Moderatori Soluzioni per broker & siti web Widget Librerie grafiche Chiedi aiuto Suggerisci funzionalità Blog & Novità FAQ Wiki Twitter
Profilo Impostazioni profilo Account e fatturazione Chiedi aiuto Idee pubblicate Follower Seguiti Messaggi Privati Chat Esci