PROTECTED SOURCE SCRIPT

Support Resistance IV Finder

Updated
Useful to find Support/Resistance levels in chop markets.

Developed on 15min BTCUSD chart

On different timeframes/trading pairs it must be used and tweaked with EMA Slope and Inverse Volatility for optimal results

Scroll back on the chart to load older lines
Release Notes
Useful to find Support/Resistance levels in chop markets.

Developed on 15min BTCUSD chart

On different timeframes/trading pairs it must be used and tweaked with EMA Slope and Inverse Volatility for optimal results

Scroll back on the chart to load older lines

The lines are filtered by half the EMA range (0.5%) to not clutter the chart
Release Notes
Automatically adapts to the following timeframes:

30 min
45 min
1 hr (not so well)
4 hr
daily

Tested on BTCUSD

The use of Inverse Volatility and EMA slope is no longer needed in most situations
CHOPresistance_levelsupportSupport and Resistance

Protected script

This script is published closed-source and you may privately use it freely.

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