Optimus S/R Zones

Enhanced S/R Zones Pro is a sophisticated Support and Resistance indicator designed for traders who need reliable, validated S/R levels with professional-grade visualization. Unlike basic pivot indicators, this tool validates levels based on historical price interaction and provides comprehensive analysis of your current position within the market structure.

✨ Key Features
📊 Extended Lookback Analysis

Lookback Range: 20-500 bars (far beyond standard 80-bar limits)
Pivot Strength: Adjustable 2-10 bars for confirmation
Separate Controls: Independent max levels for support (1-8) and resistance (1-8)
Smart Filtering: Automatic level spacing with customizable minimum distance (0.3-5%)

🎨 Advanced Zone Visualization

Three Zone Styles:

Filled: Solid colored zones
Outlined: Border-only zones
Both: Combined for maximum visibility


Adjustable Transparency: 50-95% opacity control
Dynamic Extension: Zones extend to the right indefinitely
Custom Zone Width: 0.05-1.0% of price

💪 Level Strength System

Touch Validation: Only shows levels tested multiple times
Minimum Touches: Filter for 1-5 minimum confirmations
Color Intensity: Stronger levels (more touches) display darker/brighter
Touch Detection: Customizable sensitivity (0.1-1.0% range)
Independent Display: Show touch counts without color coding

📱 Enhanced Dashboard

Level Count: Active support/resistance zones
Distance Metrics: Percentage to nearest S/R levels
Range Position: Where price sits between S/R (0-100%)
Color Coding: Visual feedback on market position
Four Positions: Top/Bottom, Left/Right placement

🎭 Customizable Visuals

Label Sizes: Tiny, Small, Normal, Large, Huge
Adjustable Line Width: 1-4 pixels
Custom Colors: Full color picker for support/resistance
Optional Touch Count: Toggle touch numbers on/off
Midpoint Line: Shows equilibrium between nearest S/R

🔔 Smart Alerts

Proximity Alerts: Triggers when approaching support zones
Resistance Alerts: Triggers when nearing resistance zones
Customizable Range: Based on touch detection sensitivity


🔧 How It Works
1. Pivot Detection
The indicator scans historical price action using configurable pivot strength to identify significant highs and lows. Extended lookback allows detection of major structural levels that shorter timeframes might miss.
2. Touch Validation
Each potential level is validated by counting how many times price has tested it within the specified touch detection range. Only levels meeting the minimum touch threshold are displayed.
3. Strength Ranking
Levels are ranked by:

Number of touches (primary)
Proximity to current price (secondary)

This ensures the most reliable and relevant levels are always shown.
4. Smart Filtering
The minimum distance filter prevents level clustering, keeping your chart clean and focusing only on distinct, actionable zones.

💡 Use Cases
Swing Trading

Identify major support/resistance for position entries
Set profit targets at strong resistance levels
Place stops below validated support zones

Day Trading

Quick identification of intraday S/R
Monitor range position for mean reversion trades
Use proximity alerts for entry timing

Position Trading

Extended lookback reveals major structural levels
Touch count validation ensures reliability
Range position helps time accumulation/distribution

Risk Management

Distance metrics help size positions appropriately
Strong levels (high touch count) for tight stops
Midpoint line for partial profit taking


⚙️ Settings Guide
Core Settings

Lookback Period: Start with 100 for swing trading, 50 for day trading
Pivot Strength: Higher values = fewer but stronger levels
Max Levels: 2-3 support and 2-3 resistance recommended
Min Distance: 1.0% prevents clustering, increase for volatile assets

Zone Settings

Zone Width: 0.25% default works well for most assets
Zone Style: "Both" for maximum visibility
Extend Zones: Keep enabled to track levels forward
Transparency: 85% provides good visibility without clutter

Level Strength

Show Level Strength: Enable for color-coded importance
Min Touches: 2-3 for validated levels
Touch Detection: 0.3% for precise levels, increase for volatile markets

Visual Settings

Label Size: Small/Normal for most charts
Show Touch Count: Enable to see level validation
Line Width: 2 for standard, 3-4 for presentation charts


📈 Best Practices

Start Conservative: Begin with default settings, adjust based on asset volatility
Combine Timeframes: Use different lookback periods on multiple charts
Respect Strong Levels: Higher touch counts indicate institutional interest
Watch Range Position: <30% = near support, >70% = near resistance
Use Alerts: Set proximity alerts to avoid constant chart watching
Validate Breaks: Zone width shows where true breaks occur vs. fakeouts


🚀 What Makes This Different
Unlike basic pivot indicators that simply mark highs/lows:

✅ Validates levels through touch count analysis
✅ Ranks levels by actual strength, not just recency
✅ Visualizes zones, not just lines
✅ Quantifies your position within market structure
✅ Extends lookback far beyond standard limits
✅ Separates support and resistance controls


🎓 Tips for New Users
First Time Setup:

Add indicator to chart
Enable dashboard in settings (default on)
Observe which levels price respects
Adjust lookback/strength to match your trading style
Set proximity alerts for your key levels

Optimization:

Forex: 0.2-0.3% zone width, 100-200 lookback
Stocks: 0.3-0.5% zone width, 50-150 lookback
Crypto: 0.4-0.6% zone width, 100-200 lookback
Indices: 0.2-0.4% zone width, 100-250 lookback


⚠️ Disclaimer
This indicator is a technical analysis tool and should not be used as the sole basis for trading decisions. Support and resistance levels are not guarantees of price behavior. Always use proper risk management, combine with other analysis methods, and consider fundamental factors. Past performance does not guarantee future results.