Pivot Lookback: Adjust the pivotLookback input to control how sensitive the support and resistance levels are. A higher value identifies stronger levels but fewer signals. SuperTrend Multiplier: Fine-tune the multiplier for sensitivity to trends. MACD/RSI Settings: Modify to suit different asset classes or timeframes. Usage: Trading with Support/Resistance:
Use the support and resistance levels as potential entry/exit points or stop-loss zones. Look for confluence between signals and these levels for higher confidence trades. Backtesting:
Use the TradingView strategy tester to evaluate performance on historical data. Risk Management:
Incorporate appropriate stop-loss and take-profit strategies based on the levels.