Support n Resitance V2
- Indicatori
- Versione: 2.20
Improve Your Trading Accuracy with Data-Driven S/R
Smart S/R Pro is more than just a simple horizontal line indicator. This sophisticated algorithm is designed to dynamically detect Support and Resistance channels, classify the strength of each level based on historical wick rejections, and validate it using Tick Volume spikes as a proxy for Smart Money movements.
It is ideal for traders who frequently execute markets or scalp on highly volatile assets like XAUUSD, AUDUSD, and Bitcoin, where the precision of Key Levels is crucial.
🔥 KEY FEATURES:
- Smart Money Volume Filter (Institutional Detection): Integrated with tick volume multiplier calculations to highlight levels where high volume activity occurs. Levels with a special gold [V] label indicate areas of high liquidity that often become areas of reversal or accumulation/distribution.
- Advanced S/R Classification: Uses hybrid analysis to distinguish between Support, Resistance, or Key Levels (S/R Flip). The algorithm calculates the frequency of price touches and reactions from above and below.
- ATR Volatility Filter: Break free from rigid, static pip determination! The S/R zone automatically adapts to market volatility through the Average True Range (ATR). The minimum distance between levels (Level Distance) and channel width are always proportional and relevant to current market conditions.
- Wick Rejection Analysis: Filters market noise by validating levels through the wick ratio (adjustable between 0.3 and 0.9). This ensures that the S/R levels actually produce strong rejections, not just false breakouts.
- Clean & Informative UI: Keeps your charts clean and elegant. Equipped with clean visual lines and interactive labels in the right corner that inform you of the level type (S/R/B), level strength (number of touches/strength), and volume detection.
