Key SR Levels. — Indicator by Victoredbr

volatility trendanalysis keylevel pvsraanalysis

I am the original creator of this indicator for tradingview, it can be used separately now, it is a PVSRA indicator, where it marks the key points of support and resistance.

Market makers pull the market above the key level for distribution in bearish and pull below the key level for accumulation in bullish

Mainly used for
We have Whole level: main resistance ended in 000

We have a Key level ending in 250
We have half level finished in 500
And we have a Key level ending in 750.

Enjoy the indicator, share with friends. If it happens to be dented, pull until the graph stretches.
Note. This indicator works only for Forex, it can make a difference in pairs with Japanese Yen.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

Related Ideas

about USDCHF 50