PROTECTED SOURCE SCRIPT

Daily Zone Volatility

37
Indicator designed to identify Daily Support & Resistance Zones based on the Average Daily Range (ADR). It provides dynamic zones that adapt to daily market volatility, making it ideal for Day Traders and Swing Traders.

Key Features:
  • Dynamic Zones (Z1-Z7): Automatically plots daily support/resistance levels based on volatility.
  • MTF Dashboard: Displays Trend (EMA 50) and RSI status across multiple timeframes (1m to Daily).
  • Alerts: Visual indicators for Overbought/Oversold conditions.

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.