PROTECTED SOURCE SCRIPT
TRADE ORBIT :Support & Resistance Level

🧩 Features
✅ Automatically updates at the start of each new trading day
✅ Draws horizontal pivot lines that extend across the current day
✅ Red lines = Resistance levels
✅ Green lines = Support levels
✅ Labels (R1–R5, S1–S5) displayed at the right edge for clarity
✅ Lightweight and compatible with all timeframes
💡 How to Use
These levels can act as potential intraday or swing reversal zones.
Watch for price rejections or breakouts near these calculated pivots.
Combine with other tools such as RSI, volume, or moving averages for confirmation.
✅ Automatically updates at the start of each new trading day
✅ Draws horizontal pivot lines that extend across the current day
✅ Red lines = Resistance levels
✅ Green lines = Support levels
✅ Labels (R1–R5, S1–S5) displayed at the right edge for clarity
✅ Lightweight and compatible with all timeframes
💡 How to Use
These levels can act as potential intraday or swing reversal zones.
Watch for price rejections or breakouts near these calculated pivots.
Combine with other tools such as RSI, volume, or moving averages for confirmation.
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.