Ram-ban Support & Resistance System [% Adaptive for Stocks]📌 Overview
The Ram-ban Support & Resistance System is an advanced, fully dynamic mapping tool engineered to identify crucial market turning points without cluttering your chart. By referencing higher timeframe (HTF) pivot structures and utilizing a percentage-based mapping logic, this indicator seamlessly scales to any asset class—from Crypto and Forex to Equities and Indices—without the need for manual point adjustments.
🚀 Key Features
Adaptive % Model: Forget rigid point values. Settings for spacing, signals, and stop-loss are percentage-based, ensuring the indicator works flawlessly on BTCUSD just as well as it does on AAPL or NIFTY.
Dynamic Consolidation Heatmap: Not all levels are created equal. As price consolidates around a specific support or resistance zone, the line dynamically increases in thickness. A thicker line represents a heavily tested zone with stronger historical relevance.
Intelligent "Option Mode" (Fading): Keep your focus where the action is. Levels that are far from the current market price will automatically fade out, keeping your chart clean and eliminating noise.
Wick-Based Signal Engine: Captures sniper-like entries by looking for wick rejections at key levels. When price reaches a specified tolerance zone (%) of a major level, a Buy or Sell signal is generated.
Built-in Risk Management: Automatically calculates a dynamic Stop Loss based on your preset percentage. Visual labels tell you exactly where your invalidation point is upon entry.
Session Filtering: Confine your trading signals strictly to active market hours, filtering out erratic overnight or pre-market moves.
🛠️ How to Use
Trend Context: Use the HTF Support/Resistance rails as major boundaries. Green rails act as support (demand), red rails act as resistance (supply).
Observe the Line Thickness: A very thin line is a fresh level. A thick, bold line indicates high historical contention. Treat thick lines as high-probability reversal zones.
Trading Signals: Look for the "BUY" labels (with attached SL values) as price taps support rails. The "BOOK PROFIT" label triggers when a loaded position touches the upper resistance boundary.
Alerts: Create alerts directly from the indicator to be notified of "BUY", "BOOK PROFIT", or "SL HIT" events instantly.
⚙️ Core Settings Overview
HTF for Pivots: The default is 60 (1 Hour) to capture macro swings on lower timeframe charts (like 5m or 15m).
Min Distance Between Levels (%): Prevents the indicator from drawing too many lines close together. Adjust based on asset volatility.
Consolidation Zone Tolerance (%): How close a candle needs to close near a line to "thicken" it.
Stop Loss (%): Defines the dynamic Stop Loss label printed alongside entry signals.
⚠️ Disclaimer
This script is provided for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Past performance is not indicative of future results. Trading in financial markets involves a high degree of risk. Always conduct your own research (DYOR), backtest thoroughly, and use proper risk management before putting real capital on the line. The author assumes no responsibility for any trading losses incurred.
SupportAndResistance, PriceAction, PivotPoints, DynamicLevels, DayTrading, Scalping, RiskManagement, StopLoss, Breakout, Reversal, MultiTimeframe, MTF
Pine Script® indicator






















