OPEN-SOURCE SCRIPT

Support and Resistance Levels (v.3)

Updated
Support and Resistance Levels augmanted and reprocessed

Description:

This is an augmented version of my earlier script that can be found here:
Support and Resistance Levels


This time it features zigzag and channel lines, signal generation and filtering and performance testing. Signal generation and filtering procedures are used only for performance testing, not for the actual labelling. The labelling is governed by zigzag logic.
Release Notes
Added Doji module.
Release Notes
Added alerts.
Release Notes
Minor fix.
Release Notes
Minor fix.
filteringlabellinglevelsMOMMoving AveragessignalgenerationTrend AnalysisVolatilityZigzag

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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