Eliza S&R Frame

16 Des 2021

Source code for the e (euler based) S&R frame as requested by a few people. Yellow line are major levels, blue lines are minor levels but all are important. Use in conjunction with 27 minute chart or 271 minute chart if you want to go full Eulerian in your trading approach. For an asset over $10,000 the lines are $2718 apart starting from 0. For an asset over $1,000 the lines are $271.8 apart starting from 0. This pattern continues through the decimal point scale. Remember the first real attempt on one of these lines by the price is the most important. If you see a wick through price will often need to move to the next line in the frame as strong support or resistance will turn price away without ever being broken.