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Dereek69
Oct 30, 2019 10:41 AM

Support Resistance IV Finder 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Useful to find Support/Resistance levels in chop markets.

Developed on 15min BTCUSD chart

On different timeframes/trading pairs it must be used and tweaked with EMA Slope and Inverse Volatility for optimal results

Scroll back on the chart to load older lines

Release Notes

Useful to find Support/Resistance levels in chop markets.

Developed on 15min BTCUSD chart

On different timeframes/trading pairs it must be used and tweaked with EMA Slope and Inverse Volatility for optimal results

Scroll back on the chart to load older lines

The lines are filtered by half the EMA range (0.5%) to not clutter the chart

Release Notes

Automatically adapts to the following timeframes:

30 min
45 min
1 hr (not so well)
4 hr
daily

Tested on BTCUSD

The use of Inverse Volatility and EMA slope is no longer needed in most situations
Comments
balkalyan2022
Can i have the source code of it
balkalyan2022
Great Indicator
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