OPEN-SOURCE SCRIPT
DYNAMIC S&R 1.01
DYNAMIC S&R 2.0 is available: tradingview.com/v/BSryYOnu/
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This simple script will add in your chart "dynamic support/resistance" and the possible entry point, can be used in any chart and any timeframe.
This indicator is not designed to be used as a bot, but only to help your trades :)
If you consider this useful, please consider donate: 1NR9tyn8tAn6nuQzosaZ2SkfT38PLxN5mf
Charts:
OSOIL: tradingview.com/v/hFjOD37a/
XAUUSD: tradingview.com/v/5qpRN6Tp/
AUDUSD: tradingview.com/v/SyKAqeum/
Feel free to use this indicator, don't forget to feedback!
UPDATE:
Now it is possible to add/remove the average range of support and resistance, and add/remove average range as a line. And if you link the average range as a line (thanks SpyWhat) you can use a multiplier to add or remove % as you like.
--
This simple script will add in your chart "dynamic support/resistance" and the possible entry point, can be used in any chart and any timeframe.
This indicator is not designed to be used as a bot, but only to help your trades :)
If you consider this useful, please consider donate: 1NR9tyn8tAn6nuQzosaZ2SkfT38PLxN5mf
Charts:
OSOIL: tradingview.com/v/hFjOD37a/
XAUUSD: tradingview.com/v/5qpRN6Tp/
AUDUSD: tradingview.com/v/SyKAqeum/
Feel free to use this indicator, don't forget to feedback!
UPDATE:
Now it is possible to add/remove the average range of support and resistance, and add/remove average range as a line. And if you link the average range as a line (thanks SpyWhat) you can use a multiplier to add or remove % as you like.
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.