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Watermelons Support and Resistance

A little indicator to display areas of potential support and resistance based on previous pivot points.
Exclusive for TRW
No settings for now because the indicator is still in "proof of concept".
It is optimized for the daily timeframe and will display daily (blue), weekly (green) and monthly (red) zones on the chart.
There is a restriction with the amount of candles you can refer back to, hence switching timeframes might add or remove zones. For now, the primary use is for daily and higher timeframes
Exclusive for TRW
No settings for now because the indicator is still in "proof of concept".
It is optimized for the daily timeframe and will display daily (blue), weekly (green) and monthly (red) zones on the chart.
There is a restriction with the amount of candles you can refer back to, hence switching timeframes might add or remove zones. For now, the primary use is for daily and higher timeframes
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.