Formation Defined Moving Support and Resistance

21 Okt 2018

Support and resistance are defined on a formation algorithm. S/R are being redefined when formation reoccur however they are also moving if support or resistance are broken from previous formation defined points.

22 Okt 2018

Catatan Rilis

- A little bug fix on algorithm.

22 Okt 2018

Catatan Rilis

- Added option for non moving (adaptive) S/R levels.
- Added option for color the bar yellow where new formation defined. (When related bar is opened, script does not repaint.)

22 Okt 2018

Catatan Rilis

- Option added to define S/R depending Low/High
- Formation algorithm has been updated regarding new formation definition.

22 Okt 2018

Catatan Rilis

- Minor bug fix on formation definitions.

23 Okt 2018

Catatan Rilis

- New formation design added to algorithm.
- Minor bug fixes.

23 Okt 2018

Catatan Rilis

- New formation designs added to algorithm. (Now script recognizes 9 formations.)
- Bug fix for missing formations.

4 hari yang lalu

Catatan Rilis

The script was originally coded in 2018 with Pine Script version 3, and it was in protected code status. It has been updated and optimised for Pine Script v5 and made completely open source.

Please use the new version: https://www.tradingview.com/script/z5HrceDA-Formation-Defined-Moving-Support-and-Resistance/