AlphaBotSystem

Support and Resistance Auto [MaliciousUpload]

Original Version found here:
Changes:
-Changed source used to `close` as i think this is a much more expected level for future S/R on a retest (obviously subjective)
-Removed the majority of the plots as they were melting my CPU .
-Added Alert functionality on the closest S/R levels
~~-Tried doing some fills to represent S/R ranges but it was too computationally intensive so that got scratched~~


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MaliciousUpload#1637
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

THANK YOU SO MUCH FOR THE GOOD WORK. IT'S INDEED HELPFUL. CAN YOU ADD AUTO TRENDLINES FOR SUPPORT AND RESISTANCE?
+5 Reply
Hi, and the thickness of the lines is the levels from different time frames.
+2 Reply
@Snowgar, Negative. These are S/R from only the current TF you are viewing with this indicator.
+7 Reply
Snowgar AlphaBotSystem
@AlphaBotSystem, that is, the thicker the more significant?
Reply
@Snowgar, the thicker the farther back that S/R is from
Reply
Snowgar AlphaBotSystem