OPEN-SOURCE SCRIPT
Auto Volume Footprint S/R ZONES PRO

//version=5
indicator("Auto Volume Footprint S/R ZONES PRO", overlay=true, max_boxes_count=200)
// ————— Inputs
volMult = input.float(1.8, "Volume Spike Multiplier", step=0.1)
rangeMult = input.float(1.4, "Range Spike Multiplier", step=0.1)
pivotLen = input.int(3, "Pivot Length")
atrMult = input.float(0.4, "Zone Thickness ATR Mult", step=0.1)
extendRight = input.int(300, "Extend Bars Right")
minScore = input.float(1.2, "Min Volume Score Filter")
showLabels = input.bool(true, "Show Strength Labels")
enableAlerts = input.bool(true, "Enable Retest Alerts")
// ————— Base Metrics
avgVol = ta.sma(volume, 20)
avgRange = ta.sma(high-low, 20)
atr = ta.atr(14)
volScore = volume / avgVol
rangeScore = (high-low) / avgRange
volSpike = volScore > volMult
rangeSpike = rangeScore > rangeMult
pivotH = ta.pivothigh(high, pivotLen, pivotLen)
pivotL = ta.pivotlow(low, pivotLen, pivotLen)
priceBasis = (high + low + close*2) / 4
zoneHalf = atr * atrMult
// ————— Storage
var box[] zones = array.new_box()
var float[] tops = array.new_float()
var float[] bots = array.new_float()
// ————— Function create zone
createZone(_top, _bot, _color, _score) =>
b = box.new(bar_index-pivotLen, _top, bar_index+extendRight, _bot,
bgcolor=color.new(_color, 85),
border_color=_color)
array.push(zones, b)
array.push(tops, _top)
array.push(bots, _bot)
if showLabels
label.new(bar_index-pivotLen, _top,
text="Score "+str.tostring(_score, format.mintick),
style=label.style_label_down,
color=_color,
textcolor=color.white,
size=size.tiny)
// ————— Resistance Zone
if not na(pivotH) and volSpike[pivotLen] and rangeSpike[pivotLen] and volScore[pivotLen] > minScore
p = priceBasis[pivotLen]
top = p + zoneHalf
bot = p - zoneHalf
createZone(top, bot, color.red, volScore[pivotLen])
// ————— Support Zone
if not na(pivotL) and volSpike[pivotLen] and rangeSpike[pivotLen] and volScore[pivotLen] > minScore
p = priceBasis[pivotLen]
top = p + zoneHalf
bot = p - zoneHalf
createZone(top, bot, color.green, volScore[pivotLen])
// ————— Zone Maintenance + Break Detection
breakBuf = atr * 0.25
for i = 0 to array.size(zones)-1
z = array.get(zones, i)
t = array.get(tops, i)
b = array.get(bots, i)
broken = close > t + breakBuf or close < b - breakBuf
if broken
box.set_border_color(z, color.gray)
box.set_bgcolor(z, color.new(color.gray, 90))
// ————— Retest Alert Logic
retest = false
for i = 0 to array.size(tops)-1
t = array.get(tops, i)
b = array.get(bots, i)
if low <= t and high >= b
retest := true
alertcondition(enableAlerts and retest, "Zone Retest", "Price retesting volume S/R zone")
indicator("Auto Volume Footprint S/R ZONES PRO", overlay=true, max_boxes_count=200)
// ————— Inputs
volMult = input.float(1.8, "Volume Spike Multiplier", step=0.1)
rangeMult = input.float(1.4, "Range Spike Multiplier", step=0.1)
pivotLen = input.int(3, "Pivot Length")
atrMult = input.float(0.4, "Zone Thickness ATR Mult", step=0.1)
extendRight = input.int(300, "Extend Bars Right")
minScore = input.float(1.2, "Min Volume Score Filter")
showLabels = input.bool(true, "Show Strength Labels")
enableAlerts = input.bool(true, "Enable Retest Alerts")
// ————— Base Metrics
avgVol = ta.sma(volume, 20)
avgRange = ta.sma(high-low, 20)
atr = ta.atr(14)
volScore = volume / avgVol
rangeScore = (high-low) / avgRange
volSpike = volScore > volMult
rangeSpike = rangeScore > rangeMult
pivotH = ta.pivothigh(high, pivotLen, pivotLen)
pivotL = ta.pivotlow(low, pivotLen, pivotLen)
priceBasis = (high + low + close*2) / 4
zoneHalf = atr * atrMult
// ————— Storage
var box[] zones = array.new_box()
var float[] tops = array.new_float()
var float[] bots = array.new_float()
// ————— Function create zone
createZone(_top, _bot, _color, _score) =>
b = box.new(bar_index-pivotLen, _top, bar_index+extendRight, _bot,
bgcolor=color.new(_color, 85),
border_color=_color)
array.push(zones, b)
array.push(tops, _top)
array.push(bots, _bot)
if showLabels
label.new(bar_index-pivotLen, _top,
text="Score "+str.tostring(_score, format.mintick),
style=label.style_label_down,
color=_color,
textcolor=color.white,
size=size.tiny)
// ————— Resistance Zone
if not na(pivotH) and volSpike[pivotLen] and rangeSpike[pivotLen] and volScore[pivotLen] > minScore
p = priceBasis[pivotLen]
top = p + zoneHalf
bot = p - zoneHalf
createZone(top, bot, color.red, volScore[pivotLen])
// ————— Support Zone
if not na(pivotL) and volSpike[pivotLen] and rangeSpike[pivotLen] and volScore[pivotLen] > minScore
p = priceBasis[pivotLen]
top = p + zoneHalf
bot = p - zoneHalf
createZone(top, bot, color.green, volScore[pivotLen])
// ————— Zone Maintenance + Break Detection
breakBuf = atr * 0.25
for i = 0 to array.size(zones)-1
z = array.get(zones, i)
t = array.get(tops, i)
b = array.get(bots, i)
broken = close > t + breakBuf or close < b - breakBuf
if broken
box.set_border_color(z, color.gray)
box.set_bgcolor(z, color.new(color.gray, 90))
// ————— Retest Alert Logic
retest = false
for i = 0 to array.size(tops)-1
t = array.get(tops, i)
b = array.get(bots, i)
if low <= t and high >= b
retest := true
alertcondition(enableAlerts and retest, "Zone Retest", "Price retesting volume S/R zone")
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.