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SHIELD - Hidden S/R Levels

๐ก๏ธ SHIELD - Hidden S/R Levels
Automatically detects and visualizes dynamic support/resistance levels using pivot fractals and volume analysis.
How It Works:
Detects pivot highs (resistance) and pivot lows (support) using Williams Fractals
Filters levels by volume โ only shows zones formed on above-average volume
Counts "touches" โ levels tested multiple times become stronger
Draws dynamic zones that adapt to volatility (ATR-based width)
How to Read:
๐ด Red zones = Resistance levels (price likely to reject here)
๐ข Green zones = Support levels (price likely to bounce here)
โญ Gold zones = Strong levels (tested 2+ times, high probability)
Labels show price + touch count, e.g. "R: 150.25 (3x)"
Trading Application:
Look for entries near strong support zones
Take profits near strong resistance zones
Levels with more touches = higher probability of reaction
Broken levels often flip (old resistance โ new support)
Settings:
Pivot Strength โ Higher = fewer but stronger levels
Zone Size โ ATR multiplier for zone width
Volume Filter โ Only show levels formed on high volume
Min Touches โ Levels highlighted as "strong" after X touche
Automatically detects and visualizes dynamic support/resistance levels using pivot fractals and volume analysis.
How It Works:
Detects pivot highs (resistance) and pivot lows (support) using Williams Fractals
Filters levels by volume โ only shows zones formed on above-average volume
Counts "touches" โ levels tested multiple times become stronger
Draws dynamic zones that adapt to volatility (ATR-based width)
How to Read:
๐ด Red zones = Resistance levels (price likely to reject here)
๐ข Green zones = Support levels (price likely to bounce here)
โญ Gold zones = Strong levels (tested 2+ times, high probability)
Labels show price + touch count, e.g. "R: 150.25 (3x)"
Trading Application:
Look for entries near strong support zones
Take profits near strong resistance zones
Levels with more touches = higher probability of reaction
Broken levels often flip (old resistance โ new support)
Settings:
Pivot Strength โ Higher = fewer but stronger levels
Zone Size โ ATR multiplier for zone width
Volume Filter โ Only show levels formed on high volume
Min Touches โ Levels highlighted as "strong" after X touche
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun โ pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun โ pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.