OPEN-SOURCE SCRIPT
已更新

pivot semaphore support&resistance levels [LM]

18 425
Hello Traders,

I would like to introduce you pivot semaphore support&resistance levels. The idea is the same as the zigzag script of mine to spot the importance of support&resistence

The Semafor is used to spot future multi-level Supports and Resistance zones.
It is also useful to spot HL or LL or HH or LH zones at different Depth settings.

The red zones are the extreme places where the market has a higher chance of reversing while the green zones have the lowest setting with lower chances of the market reversal


The lines can be extended like so
快照

The lines also can just stop extending when price will reach it
快照


Enjoy!
版本注释
Hey guys, I did some update in settings to make it more configurable, hope you enjoy it
版本注释
conversion to pine version 5 and fixing error with max_bars_back

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。