OPEN-SOURCE SCRIPT

Average Envelope

2 200
A script to calculate a support / resistance level which acts as either a bounce level or a flip level. This is rather a macro play guide than a day trade tool.
The average is calculated by taking into account monthly/weekly/daily highs and average them out.
The script also paints fib levels based on the values of the upper and the lower band.
While this was designed with a cryptocurrency market in mind (no 'close' values per-se) it holds with traditional markets as well.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.