OPEN-SOURCE SCRIPT
Keyzone
Keyzone is a dynamic support and resistance framework that identifies price reaction zones using the highest and lowest values over specific lookback periods.
It consists of four pairs of upper and lower lines:
– Keyzone 3 (light green): short-term micro swing zones
– Keyzone 8 (dark green): short-term intraday zones
– Keyzone 21 (orange): medium-term structural zones
– Keyzone 89 (red): long-term major zones
Each Keyzone adapts automatically to price movement, helping traders see where market participants are likely to react. The shorter zones (3, 8) capture quick pullbacks, while the longer zones (21, 89) reveal deeper institutional levels. This makes Keyzone a clear, multi-layered visual map of market structure that adjusts with every new candle.
It consists of four pairs of upper and lower lines:
– Keyzone 3 (light green): short-term micro swing zones
– Keyzone 8 (dark green): short-term intraday zones
– Keyzone 21 (orange): medium-term structural zones
– Keyzone 89 (red): long-term major zones
Each Keyzone adapts automatically to price movement, helping traders see where market participants are likely to react. The shorter zones (3, 8) capture quick pullbacks, while the longer zones (21, 89) reveal deeper institutional levels. This makes Keyzone a clear, multi-layered visual map of market structure that adjusts with every new candle.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.