Support and Resistance Lite

01/10/2025
4
Desktop


🎱Support and Resistance Lite a minimalist support/resistance indicator that builds real market levels from swing (pivot) highs/lows.
Swing-based S/R that finds real levels from pivots, merges nearby extremes, and keeps only the strongest ones - showing up to N levels per side. Optional ATR half-bands highlight the nearest Support & Resistance (only), while a compact HUD shows mode and the exact distance to the closest levels in pips and ~ATR.
🚀 Why traders pick it
- Levels come from actual price swings, not fixed formulas.
- Clean chart: only the best levels above/below price, no clutter.
- Optional Bands on the nearest S & R only (semi-transparent, ATR-scaled).
- Simple, practical inputs: Pivot Length preset, Lookback Bars, per-side limit, colors, HUD color.
- No flicker drawing logic; lines and zones update smoothly.
⚡ Quick Preset Tips
- Scalp/Intraday:
Normal
, Lookback 600–1000, Bands ON, ATR Factor 1.0–1.3. - Cleaner/Slower:
Clean
, Lookback 500–800. - More detail:
Detailed
, Lookback 800–1200.
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