SRline

📌 SRline– Automatically Draws Smart Support & Resistance Zones

SRline is a simple yet powerful indicator that automatically detects support and resistance zones based on fractal patterns. No manual drawing, no guesswork — every level is calculated accurately using a smart algorithm.

🔍 Key Features:

✅ Automatic detection of fractal highs and lows
✅ Draws arrow markers for support/resistance directly on the chart
✅ Works on all timeframes and currency pairs
✅ Adjustable sensitivity via leftbars and rightbars parameters
✅ No repainting – once a level forms, it stays fixed

⚙️ Input Parameters:

• leftbars – Number of bars to the left used to detect a fractal

• rightbars – Number of bars to the right used to detect a fractal

• shift – Shifts the indicator to the left or right (default = 0)

🎯 Use Cases:

• Analyze price behavior at key areas

• Combine with Price Action, Supply/Demand, or other indicators

• Trade reversals or breakouts with more structure and confidence

📈 Best For:

• Price Action traders

• Scalpers & intraday traders

• Beginners learning technical analysis and market structure

This indicator is lightweight, non-repainting, and ideal for manual trading or integration into automated trading systems.

📌 Note:

This tool does not generate buy/sell signals, but highlights key zones to help you make smarter trading decisions.