OPEN-SOURCE SCRIPT

zigzag support&resistance levels [LM]

Diupdate
Hello Traders,

I would like to introduce you zigzag support&resistance levels. It is based on the ZigZag semafor script made by DevLucem so shout out to him

The Semafor is used to spot future multi-level Supports and Resistance zones.
It is also useful to spot HL or LL or HH or LH zones at different Depth settings.

The red zones are the extreme places where the market has a higher chance of reversing while the green zones have the lowest setting with lower chances of the market reversal

I have refactored script and extended it with the horizontals.

The lines can be extended like so if you want to see
cuplikan

The lines also can expire when the price will reach it you can change this in general settings:
cuplikan

Also you can use view from the original script with just label circles
cuplikan


Enjoy!
Catatan Rilis
added alert on confirmation of new level, add it to your alarms and you will start getting alerts New level have been confirmed and details about which ones
Catatan Rilis
alert is now shown only for visible levels
Catatan Rilis
fix of alert behavior
Catatan Rilis
update to version 5
Support and ResistanceZigzag

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Inggin menggunakan skrip ini pada chart?


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