Support and resistance zones

١٧ سبتمبر ٢٠٢٢

Discretionary traders often use support and resistance zones that are based on past price action of the instrument traded.

This simple script is used to plot support and resistance zones for a given instrument. The data for the zones themselves has to be determined by the past price action of the instrument and are not based on the provided data by Tradingview.

The zones input has to come as a string. Each zone consists of a string with: "<low(number)>,<high(number)>,<"S"|"R"|"L">,<"Normal"|"Strong">"" The different zone strings have to be seperated by either new line or space.

An example for the zones input looks like:

3919.25,3919.25,L,Normal
3897.50,3906.50,R,Normal
3891.00,3894.50,S,Strong

I appreciate any feedback.

١٨ سبتمبر ٢٠٢٢

ملاحظات الأخبار

- fix the start-bar of the boxes
- place labels after the last bar of the chart

١٨ سبتمبر ٢٠٢٢

ملاحظات الأخبار

-Some more code clean-up
-move start of the zone to start of the day

١٨ سبتمبر ٢٠٢٢

ملاحظات الأخبار

Allow for optional comments in one zone string, for example "3868.00,3878.00,S,Normal,My-comment_without_space"

١٩ سبتمبر ٢٠٢٢

ملاحظات الأخبار

Fix label overlay on new bars.

١٩ سبتمبر ٢٠٢٢

ملاحظات الأخبار

Fix: move Labels on a new bar

٢٠ سبتمبر ٢٠٢٢

ملاحظات الأخبار

Allow for zones boxes to be started some days back and not only today via input parameter.

٢١ نوفمبر ٢٠٢٢

ملاحظات الأخبار

Adjusted the labels to not be centered, but left.