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SR-PrecisionZone

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SR-PrecisionZone — Dynamic Support & Resistance Mapping

SR-PrecisionZone is a precision-engineered support and resistance zone indicator designed for traders who value structure, accuracy, and real-time adaptability. It intelligently detects clusters of pivot points to highlight price levels that have historically acted as strong support or resistance — and projects these zones into the current market with customizable sensitivity.

- Key Features

Dynamic Zone Construction
Automatically detects key support and resistance zones based on pivot clustering logic, with customizable width and minimum strength thresholds.

Strength-Weighted Transparency
Zone opacity reflects the number of pivot hits — the more respected the level, the more visible the zone becomes. This allows traders to instantly gauge the strength of each zone at a glance.

Real-Time Zone Development
Zones appear live as pivot criteria are met; no lag or historical-only rendering.

Breakout & Breakdown Detection
Automatic breakout/breakdown tags highlight when price leaves a zone, helping spot continuation or reversal setups.

Multi-Timeframe Adaptive
Works effectively on intraday, swing, and macro timeframes with a tunable lookback window.

Clean Visual Hierarchy
Support and resistance zones extend 10 bars beyond the current candle, with MA overlays plotted above zones for clear visibility.


- Inputs & Settings

Source: Choose between High/Low or Close/Open pivots

Maximum Channel Width (%): Controls how far apart pivots can be to qualify as a zone

Minimum Strength: Sets how many pivot hits are required for a zone to appear

Lookback Period: Adjusts how far back the script evaluates pivot clusters

Customizable Colors: Separate colors for support, resistance, and mid-zone overlap

Breakout Tags: Optional visual markers for when price breaks out of a zone

MA Overlays: Two optional moving averages (SMA/EMA) to provide additional context


- Ideal Use Cases

Identifying high-probability support/resistance levels

Spotting breakout or fakeout setups

Enhancing confluence in technical strategies

Filtering entries/exits based on structural zones

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.