I have been away for a while but am recovering back gradually! Here is a gift to all of you.
It is based on the much loved ZigZag++ Script
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
To ease understanding of the code, I used the function `zigzag()` to show the simplicity in calculation
More will be coming this Year!
++ Added No Repaint Settings ✔️
++ Added Unique Sizing to Settings ✔️
++ Added Alerts To Confirmed Zones ✔️
++ Added Decimals To Deviation ✔️
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
->>> https://tradingview.to/anywhere 😍😍🥰
There is an alert when a new level that will not repaint is confirmed.
Using the repaint option does not make the alerts repaint however.
Alerts are dependent on only confirmed levels.
This is not a buy-sell indicator, its used to view potential Levels in the market with different level settings
is there a way to set seperate alerts for when the circles are on the top or bottom of the candles for short/long warnings
you can just lmk then i can add it