OPEN-SOURCE SCRIPT

Patrick Walker Flat Base

Diupdate
This pine script is provide recent support and resistance.

Script will use ema8, ema21, sma50 and sma200 to generate the support and resistance line.

Inspired from Patrick Walker style of trading. This is my personal logic i build studying the charts.

There is 3 types of resistance generated by this script.

1) top resistance 1

when ema8 > ema21 and low > ema8 and gap between ema21 and sma50 is less than 10% and in last 3 days previous 4th days highs is not crossed by close.

2) top resistance 2

when close/open below ema21 and ema8 > ema21 and high >= ema8 and ema21 > sma50 and gap between ema21 and sma50 is less than 10%

3) bottom resistance

when ema8 < ema21 and close/open cross above ema8 but high < ema21
Catatan Rilis
changed condition for top resistance 1

now its only generate when ema8 or ema21 above sma50
Catatan Rilis
Added Relative Strength Line and Relative Strength 21 and 50 into the table
Catatan Rilis
added rsline 200 and rs 200
Catatan Rilis
bug fix in color code
Catatan Rilis
Added input value for gap between 21 & 50. so user can set as per their need.
Default value is 10
Catatan Rilis
updated condition for top resistance 1 and 2

minimum 3 days required ema8 > ema21
Catatan Rilis
Updated bottom resistance condition

added close need to be below sma50

removed high need be below ema21
Catatan Rilis
updated top resistance code condition to check ema8 > ema21 for at least 3 days
Catatan Rilis
updated bottom resistance code condition
Catatan Rilis
Added one more resistance code

i called it downdays resistance

when close < open but close > (high+low)/2 then its generate the resistance.
Catatan Rilis
bug fix in down days resistance condition
Catatan Rilis
Added volume condition for down days resistance
Catatan Rilis
updated bottom resistance condition

now it will check for close < ema21 and high >= ema21
Catatan Rilis
removed open/close above ema8 condition for bottom resistance code
Catatan Rilis
removed open < sma50 for bottom resistance code.
Catatan Rilis
Added 5 & 10 Days Pivot Points
Catatan Rilis
Added 20 days pivot point
Catatan Rilis
Added Hide / Show input for all the lines.
Catatan Rilis
changed bottom resistance condition to high > sma50 and close < sma50
Catatan Rilis
changed bottom resistance condition
Catatan Rilis
Added 252 days high resistance if next 15 days highest close is not crossed that high.
Catatan Rilis
Added option to draw recent latest 252 days high resistance or multiple in last 5 years
speed improvements in 252 days high resistance code.
Catatan Rilis
bug fix in 252 days recent high code
Catatan Rilis
Added option to hide/show Relative strength table
Catatan Rilis
bug fix in 10 days pivot point code
Catatan Rilis
bug fix in 10 days pivot points code
Catatan Rilis
code improvements in 252 days high resistance line.
resistencesupportSupport and Resistance

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

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