SHIBRAVIS

Dynamic SUPRES Multi Timeframe Update

Dynamic SUPRES can be interpreted in different ways. Each square marks an area of congestion that could serve as support and resistance .
FLASH UPDATE: Now is possible to choose the timeframe and the bars color on/off.
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study(title="Dynamic SUPRES",shorttitle="DySR", overlay=true)

multiplier = input(title="M", type=float, defval=1.21, minval=0.5, maxval=1.9)
timeframe = input(title="Timeframe", type=resolution, defval="60")
barsc = input(title="BarsColor", type=bool, defval=true)

o = security(tickerid,timeframe,open)
c = security(tickerid,timeframe,close)
atr = security(tickerid,timeframe,sma(tr,5))

anomalia = abs(o-c) > multiplier*atr ? 1 : 0
barcolor(anomalia==1 and barsc==1?silver:na,0) 

dot = (anomalia == 1 and c<o)?o+atr:(anomalia == 1 and c>o)?o-atr:na
plotshape(dot,style=shape.square, color=black, location=location.absolute, transp=0)



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