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rhawshemi

Borjas Tarh Horizontals S/R

rhawshemi  
Support and Resistance Trend Analysis Pivot Points hashem borjas borjastarh horizontal horizontalsupoort horizontalresistance pivot LOCAL
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supportandresistance trendanalysis pivotpoints hashem borjas borjastarh horizontal horizontalsupoort horizontalresistance pivot local
Borjas Tarh Horizontals


Automatically Plot Horizontals Support and Resistance.

In the Setting, you should optimize the values according to each time frame of the ticker.


Pivot Length : Number of bars to use to calculate pivot
Max Breaks : Maximum number of times a line can be broken before it's invalidated
Max Distance % : Maximum distance PA can move away from line before it's invalidated
Frontrun/Overshoot Threshold % : If PA reverses within this distance of an existing S&R line, consider it a Frontrun / Overshoot


You can copy it and make it better.
Without Risk and Position Management, You WILL Lose Money.
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.

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