Rolling Moving Average, SMA/EMA, for IPO stocksThe script replicates the standard EMA/SMA used by tradingview, but also adds an estimate for the first X periods, where X is the length of the moving average. This allows for an estimate of support resistance in IPO stocks, when fewer date is available 
Cerca negli script per "the script"
Max of VWAP of last three daysThe script searches for max values of last three days and then calculates average of those values
BolingerBands_Contraction_Bitcoin_dailyThe script visualises the contraction or tightness of the Bollinger Bands (example Bitcoin on the daily timeframe). The contraction values have to be adjusted for each asset/coin/stock and timeframe. See what works for you.
Golden Ratio Multiplier: Multiplied Moving AveragesThe script for plotting DMAs from the study made by @PositiveCrypto (twitter)
Doji's/Engulfing Candles/Supertrend v1.0The Script locates Bearish/Bullish Engulfing Candlesticks and Dojis in combination with Supertrend v1.0. 
Original Authors: HPotter + Rajandran R
QEMA - Quadruple Moving Averages (50,100,200,300)The script combines the common moving averages 50,100 and 200 and adds an additional MA300 to the graph. 
The Three EMA'sThe script is three EMA's that are fit into one indicator. Can be well used in EMA trading system for short and long term. 
RSI & RVI OB/OS Alert ArrowThe script shows arrows on bars that are in overbought or oversold, based on the set parameters of Relative Strength Index ( RSI ) and Relative Volatility Index (RVI). 
Also there is a universal allert, which includes both conditions - overbought and oversold. 
You can change the period of RSI and RVI, as well as the upper and lower boundaries of these indicators.
Renko with custom sourceThe script allows you to set custom date source for Renko chart through Format dialog.
On Balance VolumeThe script applies an EMA to OBV . By default, the EMA=13 periods. All calculations are based off the closing price.
Williams %RThe script applies an EMA to the Williams %R. By default, the %R=21 while the EMA=13 periods. All calculations are based off the closing price.
YK Fuller BarsThe script highlights "Fuller's pins" and generates alerts when these bars are appearing
Synthetic Price Action GeneratorNOTICE:
First thing you need to know, it "DOES NOT" reflect the price of the ticker you will load it on. THIS IS NOT AN INDICATOR FOR TRADING! It's a developer tool solely generating random values that look exactly like the fractals we observe every single day. This script's generated candles are as fake as the never ending garbage news cycles we are often force fed and expected to believe by using carefully scripted narratives peddled as hypnotic truth to psychologically and emotionally influence you to the point of control by coercion and subjugation. I wanted to make the script's synthetic nature very clear using that analogy, it's dynamically artificial. Do not accidentally become disillusioned by this scripts values, make trading decisions from it, and lastly don't become victim to predatory media magic ministry parrots with pretty, handsome smiles, compelling you to board their ferris wheel of fear. Now, on to the good stuff...
BACKSTORY:
Occasionally I find myself in situations where I have to build analyzers in Pine to actually build novel quantitative analytic indicators and tools worthy of future use. These analyzers certainly don't exist on this platform, but usually are required to engineer and tweak algorithms of the highest quality with the finest computational caliber. I have numerous other synthesizers to publish besides this one.
For many reasons, I needed a synthetic environment to utilize the analyzers I built in Pine, to even pursue building some exotic indicators and algorithms. Pine doesn't allow sourcing of tuples. Not to mention, I required numerous Pine advancements to make long held dreams into tangible realities. Many Pine upgrades have arrived and MANY, MANY more are in need of implementation for all. Now that I have this, intending to use it in the future often when in need, you can now use it too. I do anticipate some skilled Pine poets will employ this intended handy utility to design and/or improved indicators for trading.
 
ORIGIN:
This was inspired by the brilliance from the world renowned ALGOmist John F. Ehlers, but it's taken on a completely alien form from its original DNA. Browsing on the internet for something else, I came across an article with a small code snippet, and I remembered an old wish of mine. I have long known that by flipping back and forth on specific tickers and timeframes in my Watchlist is not the most efficient way to evaluate indicators in multiple theatres of price action. I realized, I always wanted to possess and use this sort of tool, so... I put it into Pine form, but now have decided to inject it with Pine Script steroids. The outcome is highly mutable candle formations in a reusable mutagenic package, observable above and masquerading as genuine looking price candles.
 
OVERVIEW:
I guess you could call it a price action synthesizer, but I entitled it "Synthetic Price Action Generator" for those who may be searching for such a thing. You may find this more useful on the All or 5Y charts initially to witness indication from beginning (barstate.isfirst === barindex==0) to end (last_bar_index), but you may also use keyboard shortcuts   +   +   to view the earliest plottable bars on any timeframe. I often use that keyboard shortcut to qualify an indicator through the entirety of it's runtime.
A lot can go wrong unexpectedly with indicator initialization, and you will never know it if you don't inspect it. Many recursively endowed Infinite Impulse Response (IIR) Filters can initialize with unintended results that minutely ring in slightly erroneous fashion for the entire runtime, beginning to end, causing deviations from "what should of been..." values with false signals. Looking closely at spg(), you will recognize that 3 EMAs are employed to manage and maintain randomness of CLOSE, HIGH, and LOW. In fact, any indicator's barindex==0 initialization can be inspected with the keyboard shortcuts above. If you see anything obviously strange in an authors indicator, please contact the developer if possible and respectfully notify them.
 
PURPOSE:
The primary intended application of this script, is to offer developers from advanced to even novice skill levels assistance with building next generation indicators. Mostly, it's purpose is for testing and troubleshooting indicators AND evaluating how they perform in a "manageable" randomized environment. Some times indicators flake out on rare but problematic price fluctuations, and this may help you with finding your issues/errata sooner than later. While the candles upon initial loading look pristine, by tweaking it to the minval/maxval parameters limits OR beyond with a few code modifications, you can generate unusual volatility, for instance... huge wicks. Limits of minval= and maxval= of are by default set to a comfort zone of operation. Massive wicks or candle bodies will undoubtedly affect your indication and often render them useless on tickers that exhibit that behavior, like WGMCF intraday currently.
Copy/paste boundaries are provided for relevant insertion into another script. Paste placement should happen at the very top of a script. Note that by overwriting the close, open, high, etc... values, your compiler will give you generous warnings of "variable shadowing" in abundance, but this is an expected part of applying it to your novel script, no worries. plotcandle() can be copied over too and enabled/disabled in Settings->Style. Always remember to fully remove this scripts' code and those assignments properly before actual trading use of your script occurs, AND specifically when publishing. The entirety of this provided code should never, never exist in a published indicator.
 
OTHER INTENTIONS:
Even though these are 100% synthetic generated price points, you will notice ALL of the fractal pseudo-patterns that commonly exist in the markets, are naturally occurring with this generator too. You can also swiftly immerse yourself in pattern recognition exercises with increased efficiency in real time by clicking any SPAG Setting in focus and then using the up/down arrow keys. I hope I explained potential uses adequately...
On a personal note, the existence of fractal symmetry often makes me wonder, do we truly live in a totality chaotic universe or is it ordered mathematically for some outcomes to a certain extent. I think both. My observations, it's a pre-deterministic reality completely influenced by infinitesimal amounts of sentient free will with unimaginable existing and emerging quantities. Some how an unknown mysterious mechanism governing the totality of universal physics and mathematics counts this 100.0% flawlessly and perpetually. Anyways, you can't change the past that long existed before your birth or even yesterday, but you can choose to dream, create, and forge the future into your desires and hopes. As always, shite always happens when your not looking for it. What you choose to do after stepping in it unintentionally... is totally up to you. :) Maybe this tool and tips provided will aid you in not stepping in an algo cachucha up to your ankles somehow.
SCRIPTING LESSONS PORTRAYED IN THIS SCRIPT:
Pine etiquette and code cleanliness
Overwrite capabilities of built-in Pine variables for testing indicators
Various techniques to organize Settings panel while providing ease of adjustment utility
Use of tooltip= to provide users adequate valuable information. Most people want to trade with indicators, not blindly make adjustments to them without any knowledge of their intended operation/effects
When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section, should you have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members , I may implement more ideas when they present themselves as worthy additions. Have a profitable future everyone!
Balanced Delta Volume Profile (Zeiierman)█  Overview 
 Balanced Delta Volume Profile (Zeiierman)  builds a vertical, price-by-price profile that blends total participation with balance quality. Instead of plotting raw volume alone, it weights each price bin by: 
 
 how balanced buyers vs. sellers were, 
 how compressed price was inside that bin, 
 how often price revisited it. 
 
The result spotlights fair value and acceptance zones while still revealing momentum/imbalance areas—ideal for reading rotation vs. trend, continuation vs. exhaustion, and the prices that truly matter.
   
 Highlights 
 
 Balanced score that fuses delta symmetry, price compression, and hit frequency.
 Optional heat spectrum for instant read of participation density and balance strength.
 POC-like auto highlight of the dominant price level within the lookback window.
 Works across timeframes for session profiling, swing context, or regime shifts.
 
█  How It Works 
 ⚪ Profile Construction 
The script scans a fixed History Length and divides the full high–low span into Bin Count price bins. For every bar in the window, its volume is proportionally distributed across the bins it overlaps, so wide-range bars contribute across multiple bins, while narrow bars concentrate where they traded most. This yields per-bin totals for:
 
 Total Volume (participation)
 Positive / Negative Volume (up vs. down bar contribution)
 Hit Count (how often price touched the bin)
 Average Price Range (mean bar range inside the bin; a proxy for compression)
 
⚪ Delta & Direction 
For each bin, delta symmetry is measured via the ratio of |pos − neg| to total volume. Bins with balanced two-sided flow score higher than one-sided, runaway bins. This curbs the tendency of raw volume profiles to over-reward impulsive bursts.
⚪ Balance Score 
Each price bin gets a balance score that multiplies three normalized components:
 
 Delta Balance:   rewards bins where buy/sell pressure is symmetrical (configurable via Volume Momentum Weight).
 Price Compression:  rewards bins where average bar range is relatively small (configurable via Price Momentum Weight).
 Durability:  rewards bins revisited often (configurable via Hits Weight).
 
A Min Hits Filter removes flimsy, single-touch bins from dominating the score. The profile can display pure totals or Average Mode (Vol/Hit) to compare bins fairly when hit counts differ.
⚪ Display & Heat Spectrum 
The final plotted bar length per bin is the display volume (total or average) weighted by the balance score and normalized to 100.
 
 POC-like Highlight:  The 100% bin is outlined (and labeled) when Highlight Max Volume Bin is ON.
 Heat Spectrum (optional):  A background gradient scales with normalized bar length and balance hue.
 Balance Hue:  Interpolates between Balance Low/High Colors so high-balance bins visually pop as “accepted value.”
 
█  How to Use 
The profile is effectively a map of price acceptance:
 
 High, bright bars  = strong participation at balanced prices → fair value/rotation zones.
 Thin, muted bars  = poor acceptance → imbalance or transition areas.
 POC-style level  = most influential price in the lookback window.
 
⚪ Find Fair Value & Acceptance 
Thick, high-balance bins mark value. Expect rotation: price often revisits or oscillates around these areas. They’re prime zones for mean-reversion fades, scale-ins, and risk-defined trades against the edges.
  
⚪ Identify Imbalance & Funnels 
Low-balance, low-hit bins often act like air pockets—price can move through them quickly. These zones are helpful for continuation trades into thin areas or for timing breakout pulls back into acceptance.
  
 
⚪ POC Dynamics 
When price leaves the POC and returns, watch for re-acceptance (price comes back into the POC or high-balance zone and stays there.) vs. rejection (trend continuation away from value). The auto-highlight makes this quick to judge.
   
█  Settings 
 
 History Length –  Bars scanned for the profile. Longer = broader context, slower to adapt.
 Bin Count –  Vertical resolution of bins between the window’s min and max price.
 Display Shift –  Offsets the rendering rightward for clarity.
 Average Mode (Vol/Hit) –  ON uses average volume per visit; OFF uses total volume.
 Volume Momentum Weight –  Emphasizes two-way flow; higher values favor balanced bins over one-sided deltas.
 Price Momentum Weight –  Emphasizes compression; higher values favor narrow-range, coiling price action.
 Hits Weight –  Rewards bins revisited often; higher values favor durable acceptance.
 Min Hits Filter –  Minimum visits a bin needs to qualify for the balance score.
 Show Heat Spectrum –  Background gradient for quick read of density and balance.
 Highlight Max Volume Bin –  Outline + raw volume label for the dominant bin.
 Max Volume Color –  Color used for that highlight.
 Balance Low/High Colors –  Gradient endpoints for balance hue across the profile.
 
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Weis Wave Volume MTF 🎯 Indicator Name
Weis Wave Volume (Multi‑Timeframe) — adapted from the original “Weis Wave Volume by LazyBear.”
This version adds multi‑timeframe (MTF) readings, configurable colors, font size, and screen position for clear dashboard‑style display.
🧠 Concept Background — What is Weis Wave Volume (WWV)?
The Weis Wave Volume indicator originates from Wyckoff and David Weis’ techniques.
Its purpose is to link price movement “waves” with the amount of traded volume to reveal how strong or weak each wave is.
Instead of showing bars one by one, WWV accumulates the total volume while price keeps moving in the same direction.
When price direction changes (up → down or down → up), it:
Finishes the previous wave volume total.
Starts a new wave and begins accumulating again.
Those wave volumes help traders see:
Effort vs Result: Big volume with small price move ⇒ absorption; low volume with big move ⇒ weak participation.
Trend confirmation or exhaustion: High volume waves in trend direction strengthen it, while low‑volume waves hint exhaustion.
⚙️ How this Script Works
Trend & Wave Detection
Compares close with the previous bar to determine up or down movement (mov).
Detects trend reversals (when mov direction changes).
Builds “waves,” each representing a continuous run of bars in one direction.
Volume Accumulation
While price keeps the same direction, the script adds each bar’s volume to the running total (vol).
When direction flips, it resets that total and starts a new wave.
Multi‑Timeframe Computation
Calculates these wave volumes on three timeframes at once, chosen dynamically:
Active Chart Timeframe	Displays WWV for:
1 min	 1 min  
5 min	 5 min  
15 min	 15 min  
Any other	 Chart TF  
It uses request.security() to pull each timeframe’s latest WWV value and current wave direction.
Visual Output
Instead of plotting histogram bars, it shows a table with three numeric values:
WWV (1): 25.3 M | (15): 312 M | (240): 2.46 B
Each value is color‑coded:
user‑selected Uptrend Color when price wave = up
user‑selected Downtrend Color when wave = down
You can position this small table in any corner/center (top / bottom × left / center / right).
Font size is user‑adjustable (Tiny → Huge).
📈 How Traders Use It
Quickly gauge buying vs selling effort across multiple horizons.
Compare short‑term wave volume to higher‑timeframe waves to spot:
Alignment → all up and big volumes = strong trend
Divergence → small or opposite‑colored higher‑TF wave = potential reversal or pause
Combine with Wyckoff, VSA, or standard trend analysis to judge if a breakout or pullback has real participation.
🧩 Key Features of This Version
Feature	Description
Multi‑Timeframe Panel	Displays WWV values for 3 selected TFs at once
Dynamic TF Mapping	Auto‑adjusts which TFs to use based on chart
Up/Down Color Coding	Customizable colors for wave direction
Adjustable Font and Placement	Set font size (Tiny→Huge) and screen corner/center
No Histograms	Keeps chart clean; acts as a compact WWV dashboard
Supply and DemandThis is a "Supply and Demand" script designed to help traders spot potential levels of supply (resistance) and demand (support) in the market by identifying pivot points from past price action.
 Differences from Other Scripts: 
Unlike many pivot point scripts, this one offers a greater degree of customization and flexibility, allowing users to determine how many ranges of pivot points they wish to plot (up to 10), as well as the number of the most recent ranges to display.
Furthermore, it allows users to restrict the plotting of pivot points to specific timeframes (15 minutes, 30 minutes, 1 hour, 4 hours, and daily) using a toggle input. This is useful for traders who wish to focus on these popular trading timeframes.
This script also uses the color.new function for a more transparent plotting, which is not commonly used in many scripts.
 How to Use: 
The script provides two user inputs:
"Number of Ranges to Plot (1-10)": This determines how many 10-bar ranges of pivot points the script will calculate and potentially plot.
"Number of Last Ranges to Show (1-?)": This determines how many of the most recent ranges will be displayed on the chart.
"Limit to specific timeframes?": This is a toggle switch. When turned on, the script only plots pivot points if the current timeframe is one of the following: 15 minutes, 30 minutes, 1 hour, 4 hours, or daily.
The pivot points are plotted as circles on the chart, with pivot highs in red and pivot lows in green. The transparency level of these plots can be adjusted in the script.
 Market and Conditions: 
This script is versatile and can be used in any market, including Forex, commodities, indices, or cryptocurrencies. It's best used in trending markets where supply and demand levels are more likely to be respected. However, like all technical analysis tools, it's not foolproof and should be used in conjunction with other indicators and analysis techniques to confirm signals and manage risk.
A technical analyst, or technician, uses chart patterns and indicators to predict future price movements. The "Supply and Demand" script in question can be an invaluable tool for a technical analyst for the following reasons:
 Identifying Support and Resistance Levels : The pivot points plotted by this script can act as potential levels of support and resistance. When the price of an asset approaches these pivot points, it might bounce back (in case of support) or retreat (in case of resistance). These levels can be used to set stop-loss and take-profit points.
 Timeframe Analysis : The ability to limit the plotting of pivot points to specific timeframes is useful for multiple timeframe analysis. For instance, a trader might use a longer timeframe to determine the overall trend and a shorter one to decide the optimal entry and exit points.
 Customization : The user inputs provided by the script allow a technician to customize the ranges of pivot points according to their unique trading strategy. They can choose the number of ranges to plot and the number of the most recent ranges to display on the chart.
 Confirmation of Other Indicators : If a pivot point coincides with a signal from another indicator (for instance, a moving average crossover or a relative strength index (RSI) divergence), it could provide further confirmation of that signal, increasing the chances of a successful trade.
 Transparency in Plots : The use of the color.new function allows for more transparent plotting. This feature can prevent the chart from becoming too cluttered when multiple ranges of pivot points are plotted, making it easier for the analyst to interpret the data.
In summary, this script can be used by a technical analyst to pinpoint potential trading opportunities, validate signals from other indicators, and customize the display of pivot points to suit their individual trading style and strategy. Always remember, however, that no single indicator should be used in isolation, and effective risk management strategies should always be employed.
extended session - Regular  Opening-Range- JayyOpening Range and some other scripts updated to plot correctly (see comments  below.)  There are three variations of the fibonacci expansion beyond the opening range and retracements within the  opening range of the US Market session - I have not  put in the script for the other markets yet.
The three scripts have different uses and strengths:
The extended session script (with the script here below) will plot the opening range whether you are using the extended session or the regular session.   (that is to say whether "ext" in the lower right hand corner is highlighted or not.).  While in the extended session the opening range has some plotting issues with periods like 13 minutes or any period that is not divisible into 330 mins with a round number outcome  (eg 330/60 =5.5.  Therefore an hour long opening range has problems in the extended session.
The pre session script is only for the premarket.  You can select any opening range period you like.  I have set the opening range to be the full premarket session.  If you select a different session you will have to unselect  "pre open to 9:30 EST for Opening Range?" in the format section.  The script defaults to 15 minutes in the "period Of Pre Opening Range?".  To go back to the 4 am to 9:30 pre opening range select  "pre open to 9:30 EST for Opening Range?" there is no automatic 330 minute selection.
The past days offset script only works in 5 min or 15 minute period.  It will show the opening range from up to 20 days past over the current days price action.  Use this for the regular session only.  0 shows the current day's opening range. Use the positive integers for number of days back  ie 1, 2, 3 etc not -1, -2, -3 etc.  The script is preprogrammed to use the current day (0).
 Scripts updated to plot correctly:  One thing they all have in common is a way of they deal with a somewhat random problem that shifts the plots 4 hours in one direction or the other ie  the plot started at 9:30 EST or 1:30PM EST. This issue started to occur approximately June 22, 2015 and impacts any script that tried to use "session" times to manage a plot in my scripts.  The issue now seems to have been resolved during this past week.   
 Just in case the problem reoccurs I have added a "Switch session plot?" to each script.  If the plot looks funny check or uncheck the "Switch session plot?" and see the difference.  Of course if a new issue crops up it will likely require a different fix.
I have updated all of the scripts shown on this chart.  If you are using a script of mine that suffers from the compiler issue then you will find an update on this chart.  You can get any and all of the scripts by clicking on the small sideways wishbone on the left middle of  the chart.  You will see a dialogue box.  Then click "make it mine".  This will import all of the scripts to your computer and you can play around with them all to decide what you want and what you don't want.  This is the easiest way to get all of the scripts in one fell swoop.  It is also the easiest way for me to make all of the scripts available.  I do not have all of the plots visible since it is too messy and one of the scripts (pre OR) is only for the regular session.  To view the scripts click on the blue eye to the right of the script title to show it on this script.  If you can only use the regular session.  The scripts will all (with the exception of the pre OR) work fine.
If for any reason this script seems flakey refresh the page r try a slightly different period.  I have noticed that sometimes randomly the script loves to return to the 5 min OR.  This is a very new issue transient issue.  As always if you see an issue please let me know.
Cheers Jayy
Options Series - Dynamic Support & Resistance 
  
  
 🌟 Key Features & How It Works: 
 ⭐ Dynamic Support and Resistance Management: 
The script dynamically calculates and draws support and resistance lines based on pivot highs and pivot lows. Unlike static levels that remain unchanged, these lines are updated in real-time. When a support or resistance level is breached, the corresponding line is automatically deleted, keeping the chart clean and relevant. This feature ensures that the trader is always looking at valid support and resistance levels based on the current price action.
 ⭐ Use of Arrays for Line Management: 
The script utilizes arrays to store and manage support and resistance lines (array.new_line(0)). This is a more advanced feature of Pine Script v5, allowing for efficient handling of multiple lines on the chart. By using arrays, the script can easily track and manipulate multiple lines (adding, removing, updating), ensuring that the chart remains optimized for real-time analysis.
 ⭐ Customizable Inputs for Flexibility: 
The script includes user inputs for the pivot length and the line width, making it adaptable to different trading styles and preferences. The pivot length determines how sensitive the indicator is to price changes, while the line width allows traders to customize the visual representation of support and resistance levels. These inputs add flexibility and make the script accessible to a broad range of traders.
 ⭐ Efficient Breach Detection Mechanism: 
The isBreached function is a key part of the script. It checks whether the current price has breached any of the existing support or resistance levels. If a breach is detected (i.e., the price crosses below a support or above a resistance), the respective line is deleted, ensuring that only active and valid lines remain on the chart. This automatic update feature reduces the need for manual intervention, helping traders stay focused on key price levels.
 ⭐ Visual Clarity and Chart Cleanliness: 
By deleting breached lines, the script ensures that the chart does not become cluttered with outdated or irrelevant lines. This visual clarity is crucial for traders who rely on clean, simple charts for decision-making. Removing unnecessary information helps traders make faster, more confident decisions based on the current market structure.
 ⭐ Scalability for Multiple Timeframes: 
The use of pivot points makes the script adaptable to different timeframes, from intraday scalping to longer-term swing trading. By changing the pivot length, traders can optimize the indicator for different market environments, ensuring that it can be applied across various asset classes and timeframes.
 ⭐ Practical for Range-bound and Breakout Trading: 
This script is particularly effective for traders who focus on range-bound markets or breakout strategies. It allows them to quickly identify areas where price is likely to reverse (support/resistance) or break out (when support/resistance is breached), providing real-time insight into market dynamics.
 ⭐ Simplification of Price Action Analysis: 
By automating the calculation of pivots and management of support/resistance levels, the script simplifies price action analysis. Traders no longer need to manually draw or monitor these levels, which is a common task in technical analysis. This provides an edge, as it reduces the time spent on chart preparation and helps focus on executing trades.
 ⭐ Originality: 
The script "Options Series - Pivot Based Support & Resistance" is an original approach to generating support and resistance levels using pivot points. Pivot-based techniques are popular, but the script introduces an automated dynamic way of drawing support and resistance lines, tracking breaches, and deleting lines when they are no longer valid. This aspect adds a refreshing layer of interactivity and functionality that sets it apart from basic pivot point scripts. The use of arrays to store and manage multiple support and resistance lines is also a good application of Pine Script’s newer array functionalities.
 ⭐ Uniqueness of the Script: 
The script stands out due to its dynamic management of support and resistance lines. Unlike traditional scripts that simply plot static pivot points, this one evolves with the market by removing broken levels, ensuring only valid support and resistance lines are visible on the chart. This is particularly useful for traders who focus on clean charting. The use of arrays to store and manage the lines, alongside the efficient deletion of lines when breached, demonstrates a solid understanding of Pine Script v5's advanced features, such as array manipulation.
 🚀 Conclusion: 
This script stands out for its real-time adaptability, dynamic support/resistance management, and efficient use of Pine Script’s advanced features. It a powerful tool for both novice and advanced traders.
The script is an indicator designed to draw support and resistance levels based on pivot highs and lows, dynamically removing lines when they are breached. If a price crosses a support or resistance level, the respective line is deleted, ensuring the chart reflects the current state of support and resistance accurately.






















