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    Pullback Script - @belgo - Trader

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    Wesley Silva Estúdio Tattoo Work
    This document defines an indicator script that plots support and resistance levels based on a user-input period. It takes the highest high and lowest low over the given period to identify resistance and support levels, which are then plotted on the chart with customizable colors. The levels are only plotted when they change from the previous value.

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    Pullback Script - @belgo - Trader

    Uploaded by

    Wesley Silva Estúdio Tattoo Work
    287 views1 page
    This document defines an indicator script that plots support and resistance levels based on a user-input period. It takes the highest high and lowest low over the given period to identify resistance and support levels, which are then plotted on the chart with customizable colors. The levels are only plotted when they change from the previous value.

    Original Title

    Pullback Script - @Belgo_trader

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    This document defines an indicator script that plots support and resistance levels based on a user-input period. It takes the highest high and lowest low over the given period to identify resistance and support levels, which are then plotted on the chart with customizable colors. The levels are only plotted when they change from the previous value.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    287 views1 page

    Pullback Script - @belgo - Trader

    Uploaded by

    Wesley Silva Estúdio Tattoo Work
    This document defines an indicator script that plots support and resistance levels based on a user-input period. It takes the highest high and lowest low over the given period to identify resistance and support levels, which are then plotted on the chart with customizable colors. The levels are only plotted when they change from the previous value.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    of 1

    instrument {

    name = 'PULLBACK SCRIPT IG: @belgo_trader',


    icon = 'indicators:RSI',
    overlay = True
    }

    boxp=input (21, "front.newind.darvasbox.length", input.integer, 5)

    input_group {
    "Support and resistance",
    top_color = input { default = "red", type = input.color },
    bottom_color = input { default = "green", type = input.color },
    }

    RST = boxp

    RSTT = value_when(high >= highest(high, RST), high, 0)


    RSTB = value_when(low <= lowest(low, RST), low, 0)
    plot (RSTT, "Resistance", iff(RSTT ~= RSTT[1], na ,top_color), 4, 0, style.levels,
    na_mode.restart)
    plot (RSTB, "support", iff(RSTB ~= RSTB[1], na ,bottom_color), 4, 0, style.levels,
    na_mode.restart)

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