SNP420/INDI/support_resist_future_level

Functionality – short description

The indicator automatically detects the latest pivot highs/lows and builds the current resistance and support levels from them. New levels start as candidate levels (dotted lines).

Using an ATR-based tolerance, it counts how many times price precisely tests and rejects the level (touch + reversal).

Once the minimum number of touches is reached, the level is marked as validated (solid line). The indicator also detects breakouts of S/R, colors breakout candles, projects a target level after the breakout, and highlights retests of the broken levels with boxes.

autor: SNP_420
project: FNXS
ps: Piece a love