Dynamic Support and Resistance Indicator

Rafal · 2017-06-03T12:42:26+00:00

Hello Folks Does anybody have the indicator showing dynamic support and resistance? Regards Rafal

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06/03/2017 at 1:42 PM #37344 quote

Rafal
Participant

New

Hello Folks Does anybody have the indicator showing dynamic support and resistance? Regards Rafal

06/03/2017 at 2:02 PM #37345 quote

GraHal
Participant

Legend

This any good? https://www.prorealcode.com/prorealtime-indicators/pivot-points-intraday/ or this? https://www.prorealcode.com/prorealtime-indicators/pivot-points-daily/

06/03/2017 at 2:22 PM #37346 quote

Rafal
Participant

New

Thank you Grahal for prompt response. They are ok but looking for something more straight forward like the one in the attached file. Any idea how to amend your proposal to colour zones?
Screen-Shot-2017-06-03-at-17.20.07.png

06/03/2017 at 4:20 PM #37348 quote

GraHal
Participant

Legend

No sorry, but a man who can – Nicolas – might happen along soon! 🙂

06/03/2017 at 5:42 PM #37351 quote

Nicolas
Keymaster

Legend

@Rafal
>> Please update your country flag in your profile. Thank you 🙂 <<
You might something of interest for that purpose in this thread: https://www.prorealcode.com/topic/swing-lines-indicator/ Or you can browse the library to find other suitable indicators.

06/03/2017 at 6:41 PM #37357 quote

Rafal
Participant

New

Thanks Nicolas. The screenshot which I attached is from Ninja Trading platform. As per the forum thread you recommended I am not sure if swing segments exist in ProRealTime though. It would be great if you could comment on this. 🙂 Thank you in advanced.

06/04/2017 at 12:09 AM #37362 quote

Wing
Participant

Veteran

This indicator I made may not be what you are looking for, but in my mind it shows ‘dynamic’ support and resistance: https://www.prorealcode.com/prorealtime-indicators/wings-trend-line-bands-support-resistance/

06/04/2017 at 12:39 AM #37363 quote

Rafal
Participant

New

Thank you Wing. 🙂 I am still looking for the one which I found for Ninja. It seems there are more indicators available for Ninja and MetaTrader than on our platform. 🙁 The screenshot which I attached to this thread looks “very clear” and is straight forward. Of course, we can use standard functionality of ProRealTime for support and resistance but it would be great if one day such indicator becomes available. Anyway, thank you everybody for your responses.

06/04/2017 at 10:13 AM #37368 quote
bolsatrilera
Participant

Master
Good morning Rafal, I have this support / dynamic resistance adapted to Prorealtime from this Tradingview indicator : https://www.tradingview.com/script/UAyxPRch-DYNAMIC-S-R-1-01/
```
REM DYNAMIC S&R
// Author: samuelhei
// Tips: 1NR9tyn8tAn6nuQzosaZ2SkfT38PLxN5mf
// Feel free to use this script as you want!

length = 100
//useRangAv = input(true,"Use range average of support and resistance.",type=bool)
//useLineAv = input(false, "Use average of support and resistance as one line.",type=bool)
perLine = 1 //"Multiplier of averege line."

hhigh = highest[length](high)
chigh = highest[length](close)
llow = lowest[length](low)
clow = lowest[length](close)

mhl = (hhigh+llow)/2
mc = (chigh+clow)/2

aL = ((mhl + mc)/2) * perLine

if mhl then
mhl=useRangAv
endif

if mc then
mc=useRangAv
endif

if al then
al=useLineAv
endif


return hhigh coloured(0,255,255)as "phh",chigh coloured(0,255,255)as "pch", mhl as "mhl",mc as "mmc", al as "Averege line",lLow coloured(128,0,128)as "pl1",cLow coloured(128,0,128)as "pc1"
```
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