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QuantVue
2 jun 2023 16:28

Weekly Range Support & Resistance Levels [QuantVue] 

Tesla, Inc.NASDAQ

Beskrivning

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Weekly Range Support & Resistance Levels

Description:

The Weekly Range Support & Resistance Levels analyzes weekly ranges and takes the average range of the last 30 weeks (default setting).

It also takes the average +/- a standard deviation, and creates support & resistance levels/zones based on the weekly opening price.

The levels will update each week, and previous weekly levels can be toggled on or off.

Settings:

🔹Averaging Period
🔹Standard Deviation Multiplier
🔹Toggle Support & Resistance Prices
🔹Show Weekly Open Line
🔹Show Previous Levels

Don't hesitate to reach out with any questions or concerns. We hope you enjoy!

Cheers.

Versionsinformation

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Updated code for the standard deviations and to see weekly open on previous levels.

Versionsinformation

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Fixed error for the indicator to show properly on certain indexes.
Kommentarer
bigbang74
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Hi, thanks for the script. Is it possible analyze daily, monthly frames etc and change the deviation less than 1 (0.25, 0.75 etc...) and to see the weekly open levels when selected previous levels ?
QuantVue
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@bigbang74, Updated the code to allow for standard deviation changes and to see weekly open on previous levels.
bigbang74
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@QuantVue, Thanks
QuantVue
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@bigbang74, you bet!
RicardoHN
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Does the levels repaint?
RicardoHN
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this is too damn good man
Mer