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Dynamical Support and Resistance [Fournier-Eaton]

The Dynamical Support and Resistance Indicator finds support and resistance levels.

The plot is price relative: if the indicator nears one of its supports or resistances then the price is likewise nearing a support.

The levels are dynamical: once a support or resistance is broken, a new calculation is performed.

There are 3 supports and 3 resistances each with a longer time-frame. Breaking through the first shouldn't signal much, breaking through the third is programmed to only happen at a significant number of standard deviations.

Enjoy. Feedback appreciated
릴리즈 노트
  • Clearer Upper and lower levels
  • Enhanced performance in higher volatility
  • More responsive tight-bound levels.
릴리즈 노트
- Clearer zones by coloring
- Better self-adjusting look-back.

면책사항

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