INVITE-ONLY SCRIPT
[TS] Sniper Support Resistance
This script is our Pivot Points and ATR based Support and Resistance indicator
-A Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line. Meanwhile, A resistance zone arises due to selling interest when prices have increased.
- By increasing the "S/R Multiplier" input, the user can change the distance from the S/R swing points
- By increasing the "S/R Length" input, the user can adjust the S/R Swing Points lookback length (pivot detection range)
-A Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line. Meanwhile, A resistance zone arises due to selling interest when prices have increased.
- By increasing the "S/R Multiplier" input, the user can change the distance from the S/R swing points
- By increasing the "S/R Length" input, the user can adjust the S/R Swing Points lookback length (pivot detection range)
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact TrustedSignals for more information, or follow the author's instructions below.
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Author's instructions
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