PROTECTED SOURCE SCRIPT
SHIELD - Hidden S/R Levels
🛡️ SHIELD - Hidden S/R Levels
Automatically detects and visualizes dynamic support/resistance levels using pivot fractals and volume analysis.
How It Works:
Detects pivot highs (resistance) and pivot lows (support) using Williams Fractals
Filters levels by volume — only shows zones formed on above-average volume
Counts "touches" — levels tested multiple times become stronger
Draws dynamic zones that adapt to volatility (ATR-based width)
How to Read:
🔴 Red zones = Resistance levels (price likely to reject here)
🟢 Green zones = Support levels (price likely to bounce here)
⭐ Gold zones = Strong levels (tested 2+ times, high probability)
Labels show price + touch count, e.g. "R: 150.25 (3x)"
Trading Application:
Look for entries near strong support zones
Take profits near strong resistance zones
Levels with more touches = higher probability of reaction
Broken levels often flip (old resistance → new support)
Settings:
Pivot Strength — Higher = fewer but stronger levels
Zone Size — ATR multiplier for zone width
Volume Filter — Only show levels formed on high volume
Min Touches — Levels highlighted as "strong" after X touche
Automatically detects and visualizes dynamic support/resistance levels using pivot fractals and volume analysis.
How It Works:
Detects pivot highs (resistance) and pivot lows (support) using Williams Fractals
Filters levels by volume — only shows zones formed on above-average volume
Counts "touches" — levels tested multiple times become stronger
Draws dynamic zones that adapt to volatility (ATR-based width)
How to Read:
🔴 Red zones = Resistance levels (price likely to reject here)
🟢 Green zones = Support levels (price likely to bounce here)
⭐ Gold zones = Strong levels (tested 2+ times, high probability)
Labels show price + touch count, e.g. "R: 150.25 (3x)"
Trading Application:
Look for entries near strong support zones
Take profits near strong resistance zones
Levels with more touches = higher probability of reaction
Broken levels often flip (old resistance → new support)
Settings:
Pivot Strength — Higher = fewer but stronger levels
Zone Size — ATR multiplier for zone width
Volume Filter — Only show levels formed on high volume
Min Touches — Levels highlighted as "strong" after X touche
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.