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lmatl
Jul 18, 2021 12:13 PM

Volatility semaphore Support&Resistance multi timeframe [LM] 

Ethereum Perpetual FuturesFTX

Description

Hello Traders,

I would like to introduce you volatility semaphore support&resistance levels. The idea is the same as the pivot
semaphore script of mine to spot the importance of support&resistence.

It is little bit different than previous script as it uses different line API than previous volatility support& resistance multi timeframe [LM]. You have more control over hat and how many lines are rendered(better to use odd numbers in line count setting as it always finds 2 S/R lines). Also this indicator has setup for contol whether you want wicky candles or no by setting percentage of candle body that is accepted.

I hope you will enjoy it.

Release Notes

fixing problem with resolution settings

Release Notes

removed unused general setting

Release Notes

another unnecesary code removed
Comments
pricechart1336
very accurate lines. thanks
just_naba
looks is nice can use it in low tf? many thanks
lmatl
@naba_naif, of course you can otherise i wouldn't bother to include multi timeframe setting :-)
just_naba
@lmatl, many thanks great done
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