I would like to introduce you ATR Trailing Stops S/R . The idea is to look for important levels that are identified by trailing stop line, where it usualy spents a lot of time without any move usualy turns out to be good level for bounces.
It has various setting Timeframe and atr settings Show lines Extend lines Line count - how many lines will be rendered Candle count - how many candles has to trailing line spend at the same level Colors - controls color of plot and lines
I hope you will enjoy it, as I enjoyed to write it.
Lukas
Sürüm Notları
Changing default setting for early detection of trend
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
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