tongue1

ATR_RSRL

support and resistance level based on atr channel
Remove from Favorite Scripts Add to Favorite Scripts
//@version=2
study(title = "ATR_RSRL", shorttitle = "ATR_RSRL",overlay=true)
length = input(14, minval=1)
src = input(close, title="Source")
mult = input(2.0, minval=0.001, maxval=50)
maLen=input(7,title="maLength")
basis = sma(src, length)
dev = mult * atr(length)
upper = basis + dev
lower = basis - dev
bbr = (src - lower)/(upper - lower)
bbe= ema(bbr,maLen)
up =  bbe[1]>bbe and bbe[2]<bbe[1]?bbe:na
bt =  bbe[1]<bbe and bbe[2]>bbe[1]?bbe:na

topH=na(up)==0?highest(3):na
bottomL=na(bt)==0?lowest(3):na

tf= fixnan(topH)
bf =fixnan(bottomL)

btop=close>open?close:open
bbot=close>open?open:close

plot(tf,color=red,style=circles,linewidth=1,offset=-1)
plot(bf,color=green,style=circles,linewidth=1,offset=-1)

United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out