Bounce-Resistance plotter

ChainLink / Tether USDHTX

Description

⋅ Sep 25, 2021 7:19 AM

Here I present to you today a script that let you set boundaries and plot boundaries to identify a
1. Bounce level
2. Resistance level

You can find your own boundaries for your asset and timeframe and set a suitable one for yourself.

Keep it simple.

Volatility Trend Analysis

Comments

gb50k

⋅ Sep 26, 2021 7:35 AM

Elegant !!! Tnx

toanthainguyen

⋅ Sep 26, 2021 7:36 AM

@gb50k, Thank you very much for your words. You're a legend

toanthainguyen

⋅ Sep 25, 2021 5:41 PM

This is the 1h, I used length1 = 20 and length2 = 10

AvenueWork

⋅ Sep 25, 2021 5:50 PM

@toanthainguyen, Nice work

toanthainguyen

⋅ Sep 25, 2021 6:22 PM

@AvenueWork,

toanthainguyen

⋅ Sep 26, 2021 10:24 AM

Here I work on my daily chart, but adjusted parametres:
Length1 = 15
Length2 = 10
CCI = 15, close

With 3x leverage, game play is even more exciting

I use Bounce-Resistance plotter in combination with other indicators

soarlingbird

⋅ Sep 30, 2021 2:04 PM

@toanthainguyen, Plz could you tell me the details on how to operate the Bounce-Resistance Plotter with the other indicators..? I followed up your work, but could'nt see the similar results..