OPEN-SOURCE SCRIPT
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ABC Pro Ultimate S/R

107
ABC Pro Ultimate is a high-precision trading tool designed to identify harmonic ABC (Zigzag) patterns and combine them with institutional Support & Resistance levels. Unlike standard indicators that clutter your chart with noise, this script filters for high-relevance pivot points from the distant past to provide truly meaningful trade setups.
版本注释
Dynamic ABC Pattern Tracking: Unlike static indicators, this script tracks Point C in real-time. If the price reaches a new extreme during the correction phase (within Fibonacci limits), the pattern and its targets adjust dynamically to the new price data.Power S/R (Institutional Levels): The indicator scans up to 2,000 bars back to identify "Power Levels"—pivots that have historically acted as major turning points. This provides a clear view of where "Big Money" has stepped in before.Wick vs. Body Precision: Traders can choose whether to calculate S/R levels based on Candle Wicks (absolute extremes) or Candle Bodies (market consensus), allowing for a more customized strategy.Auto-Calculated Target Zones: Once a pattern is confirmed, the script projects three Fibonacci extension targets ($1.618$, $1.809$, and $2.0$) as color-coded zones on the chart.Smart Cleanup & Invalidation: To keep your chart clean, patterns are automatically removed if the price hits the primary target or breaks the invalidation level (Stop Loss).
版本注释
Dynamic ABC Pattern Tracking: Unlike static indicators, this script tracks Point C in real-time. If the price reaches a new extreme during the correction phase (within Fibonacci limits), the pattern and its targets adjust dynamically to the new price data.Power S/R (Institutional Levels): The indicator scans up to 2,000 bars back to identify "Power Levels"—pivots that have historically acted as major turning points. This provides a clear view of where "Big Money" has stepped in before.Wick vs. Body Precision: Traders can choose whether to calculate S/R levels based on Candle Wicks (absolute extremes) or Candle Bodies (market consensus), allowing for a more customized strategy.Auto-Calculated Target Zones: Once a pattern is confirmed, the script projects three Fibonacci extension targets ($1.618$, $1.809$, and $2.0$) as color-coded zones on the chart.Smart Cleanup & Invalidation: To keep your chart clean, patterns are automatically removed if the price hits the primary target or breaks the invalidation level (Stop Loss).

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