pivot semaphore support&resistance levels [LM]

٢٠ فبراير ٢٠٢١

Hello Traders,

I would like to introduce you pivot semaphore support&resistance levels. The idea is the same as the zigzag script of mine to spot the importance of support&resistence

The Semafor is used to spot future multi-level Supports and Resistance zones.
It is also useful to spot HL or LL or HH or LH zones at different Depth settings.

The red zones are the extreme places where the market has a higher chance of reversing while the green zones have the lowest setting with lower chances of the market reversal


The lines can be extended like so


The lines also can just stop extending when price will reach it



Enjoy!

٦ يونيو ٢٠٢١

ملاحظات الأخبار

Hey guys, I did some update in settings to make it more configurable, hope you enjoy it

٢٣ نوفمبر ٢٠٢١

ملاحظات الأخبار

conversion to pine version 5 and fixing error with max_bars_back