SR-PrecisionZone

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