Phát Support and resistant

This indicator provides basicSupport and Resistance Levels to the user whilst displaying Break signal tags. It also has the ability to let the user display more significant breaks

Only more significant breaks of these basic levels are displayed to the user when optimized which avoids noise and messy signals.

It will also display breaks with candles it deems to be bullish (e.g. having a longer upper or lower wick).

Notation

The notation of "Buy/Sell" denotes a break of either a Support or Resistance level with a volume greater than the threshold.
The notation of "Buy breakout/sellbrekout" denotes a bullish or bearish candle on the break.

Usage & Details:
Knowing when S/R level is broken with significance can be of great help to a trader. Many times significant levels may not be broken with significant force and the move is therefore weaker and possibly not worth trading.