OPEN-SOURCE SCRIPT
Support, Resistance and Median with Trend
"This Pine Script indicator, 'Support, Resistance and Median with Trend', offers traders a comprehensive view of market dynamics using key technical analysis principles.
Key Features:
Dynamic Support and Resistance: The script calculates and plots support and resistance levels based on the highest highs and lowest lows over a customizable historical period.
Median Line: A median line is plotted between support and resistance, serving as a key reference for price action.
Trend Detection: The indicator determines the current trend by comparing the closing price to the median line, offering a simple yet effective trend identification method.
Visual Trend Indicator: A color-coded box in the top-right corner displays the current trend (Uptrend, Downtrend, or Neutral), providing at-a-glance trend information.
Level Projections: The script projects support, resistance, and median levels into future periods, helping traders anticipate potential price movements.
Customization: Users can adjust the historical length for calculations, allowing for fine-tuning based on individual trading styles and timeframes.
Key Features:
Dynamic Support and Resistance: The script calculates and plots support and resistance levels based on the highest highs and lowest lows over a customizable historical period.
Median Line: A median line is plotted between support and resistance, serving as a key reference for price action.
Trend Detection: The indicator determines the current trend by comparing the closing price to the median line, offering a simple yet effective trend identification method.
Visual Trend Indicator: A color-coded box in the top-right corner displays the current trend (Uptrend, Downtrend, or Neutral), providing at-a-glance trend information.
Level Projections: The script projects support, resistance, and median levels into future periods, helping traders anticipate potential price movements.
Customization: Users can adjust the historical length for calculations, allowing for fine-tuning based on individual trading styles and timeframes.
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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