Auction Weighted Support and Resistance [Metrify]This script builds an “auction-weighted” S/R map that’s intentionally closer to a microstructure proxy than a classic “draw pivots → draw lines” approach.
The core idea: treat repeated interactions around the same price as evidence of auction behavior (acceptance vs rejection), then compress that behavior into a small set of ranked horizontal zones per horizon. Instead of outputting dozens of levels, it runs a selection pass to keep only the strongest, spatially distinct levels.
Candidate discovery is pivot-driven, but not used naively. The script collects pivot highs/lows into rolling buffers for three horizons (Micro/Short/Medium) with different pivot lengths and memory caps. Those candidates don’t become “levels” directly; they’re just seeds that get clustered and rescored. Clustering is ATR-normalized (distance measured in ATR multiples), so the same logic doesn’t fall apart when you change symbol volatility or timeframe. Each horizon has its own clustering radius (distATR_micro/short/medium), which makes Micro more granular and Medium more tolerant.
The “weight” you see is not a single metric. It’s a composite score that tries to approximate how meaningful a price is in an auction sense:
Touch count (distinct): interactions are counted only when the candle range gets within a near-band threshold (ATR-normalized), and then gated by minimum bar separation so you don’t get spam from chop printing 20 touches in a row. (this is done with a stride-based loop to avoid blowing runtime on deep lookbacks)
Acceptance: a rolling overlap rate of candle ranges inside the box. It’s exponentially weighted (half-life decay), so recent acceptance matters more, but older acceptance still contributes. If price has been “living” around that level, acceptance rises.
Rejection quality: wick-aware rejection, but range-gated (not close-gated). The scoring looks at whether the candle range overlaps/approaches the level, then measures wick dominance on the rejecting side plus where the close sits inside the bar range.
Age decay: older levels aren’t thrown away automatically, but they get downweighted via an exponential decay term so stale structure doesn’t dominate forever.
Those components get combined by f_weightCompose() into a bounded weight using saturating transforms (so touches don’t scale linearly forever) and a decay factor tied to age. When multiple candidates land in the same cluster, the merge is done with a saturating union on weights (1 - (1-oldW)*(1-wAdd)) rather than simple addition, so weights don’t explode and a level can converge toward 1.0 without becoming meaningless. The cluster center price is updated via a weight-based average to prevent random drift from weak additions.
After clustering, we does an explicit selection pass instead of drawing everything. First it filters by minScore, then sorts by weight, then applies a spatial suppression step (basically NMS for horizontal levels). The minimum spacing is ATR-based and incorporates both a horizon spacing floor and the zone thickness, so you don’t end up with two bands that overlap visually or convey the same information. On top of that, there’s a global cross-horizon collision gate (f_canDraw) so Medium zones can coexist with Short/Micro without the chart turning into a layered fog of rectangles.
Visualization is intentionally “zone-first.” Each selected level becomes a box band whose half-thickness is ATR-scaled per horizon (bandThicknessATR_*). Opacity isn’t linear: it normalizes weight above minScore, applies a power curve to compress mid-range values, and also scales relative to the strongest level in that horizon (so you still get contrast when everything is “kind of strong”).
The pressure overlay is not volume-based and not orderflow (pine can’t read L2), but it tries to expose short-term imbalance while price is inside a band. When the last price is inside a zone, it computes a pressure score from two parts: proximity to the center (closer = higher) and a directional imbalance proxy from recent returns sampled only on bars that intersect the band. It then draws two thin lines at the band edges with alpha proportional to that pressure score. This is meant as a “are we being pushed out or absorbed here” hint (not a prediction engine).
If you enable the audit panel, the script builds a table listing the levels that actually got drawn (post-selection + collision filtering). The columns map directly to the internal metrics (weight, touches, acceptance, rejection), so you can sanity-check why a level exists. Level IDs are horizon-prefixed (MC/ST/MD) and assigned based on ranking within each horizon.
note:
rebuild is throttled (rebuildEveryN) and only runs on the last bar. Loops that can go deep use a stride heuristic (1/2/4) to keep runtime predictable on large lookbacks. Arrays are used as bounded buffers for candidate storage, and drawing objects are aggressively deleted/rebuilt to avoid object leaks. Indicator
Dynamic EMA Stack Support & ResistanceEvery trader needs reliable support and resistance — but static zones and lagging indicators won't cut it in fast-moving markets. This script combines a Fibonacci-based 5-EMA stacking system and left/right pivots that create dynamic support & resistance logic to uncover real-time structural shifts & momentum zones that actually adapt to price action. This isn’t just a mashup — it’s a complete built-from-the-ground-up support & resistance engine designed for scalpers, intraday traders, and trend followers alike.
🧠 🧠 🧠What It Does🧠 🧠 🧠
This script uses two powerful engines working in sync:
1️⃣ EMA Stack (5-EMA Framework)
Built on Fibonacci-based lengths: 5, 8, 13, 21, 34, (configurable) this stack identifies:
🔹 Bullish Stack: EMAs aligned from fastest to slowest (uptrend confirmation)
🔹 Bearish Stack: EMAs aligned inversely (downtrend confirmation)
🟡 Narrowing Zones: When EMAs compress within ATR thresholds → possible breakout or reversal zone
🎯 Labels identify key transitions like:
✅"Begin Bear Trend?"
✅"Uptrend SPRT"
✅"RES?" (resistance test)
2️⃣ Pivot-Based Projection Engine
Using classic Left/Right Bar pivot logic, the script:
📌 Detects early-stage swing highs/lows before full confirmation
📈 Projects horizontal S/R lines that adapt to market structure
🔁 Keeps lines active until a new pivot replaces them
🧩 Syncs beautifully with EMA stack for confluence zones
🎯🎯🎯Key Features for Traders🎯🎯🎯
✅ Trend Detection
→ EMA order reveals real-time bias (bullish, bearish, compression)
✅ Dynamic S/R Zones
→ Historical support/resistance levels auto-draw and extend
✅ Smart Labeling
→ “SPRT”, “RES”, and “Trend?” labels for live context + testing logic
✅ Custom Candle Coloring
→ Choose from Bar Color or Full Candle Overlay modes
✅ Scalper & Swing Compatible
→ Use fast confirmations for scalping or stack consistency for longer trends
⚙️⚙️⚙️How to Use⚙️⚙️⚙️
✅Use Top/Bottom (trend state) Line Colors to quickly read trend conditions.
✅Use Pivot-based support/resistance projections to anticipate where price might pause or reverse.
✅Watch for yellow/blue zones to prepare for volatility shifts/reversals.
✅Combine with volume or momentum indicators for added confirmation.
📐📐📐Customization Options📐📐📐
✅EMA lengths (5, 8, 13, 21, 34) — fully configurable - try 21,34,55, 89, 144 for longer term trend states
✅Left/Right bar pivot settings (default: 21/5)
✅Label size, visibility, and color themes
✅Toggle line and label visibility for clean layouts
✅“Max Bars Back” to control how deep history is scanned safely
🛠🛠🛠Built-In Safeguards🛠🛠🛠
✅ATR-based filters to stabilize compression logic
✅Guarded lookback (max_bars_back) to avoid runtime errors
✅Works on any asset, any timeframe
🏁🏁🏁Final Word🏁🏁🏁
This script is not just a visual tool, it’s a complete trend and structure framework. Whether you're looking for clean trend alignment, dynamic support/resistance, or early warning labels, this system is tuned to help you react with confidence — not hindsight.
Rembember, no single indicator should be used in isolation. For best results, combine it with price action analysis, higher-timeframe context, and complementary tools like trendlines, moving averages etc Use it as part of a well-rounded trading approach to confirm setups — not to define them alone.
💡💡💡Turn logic into clarity. Structure into trades. And uncertainty into confidence.💡💡💡 Indicator
Support Resistance Major/Minor [TradingFinder] Market Structure🔵 Introduction
Support and resistance levels are key concepts in technical analysis, serving as critical points where prices pause or reverse due to the interaction of supply and demand. These foundational elements in price action and classical technical analysis assist traders in understanding market behavior and making better trading decisions.
Support levels are zones where demand is strong enough to prevent further price declines, while resistance levels act as barriers that hinder price increases.
Support and resistance levels are divided into two main types: static and dynamic. Static levels are fixed horizontal lines on charts, formed based on historical price points, and are crucial due to repeated price reactions in these areas.
Dynamic levels, on the other hand, move with market trends and are often identified using tools like moving averages and trendlines. These levels are particularly useful for analyzing dynamic trends and identifying potential reversal points in financial markets.
The importance of support and resistance in technical analysis lies in their ability to pinpoint price reversal or continuation points. Professional traders use these levels to determine optimal entry and exit points and combine them with tools such as Fibonacci retracements or moving averages for precise strategies.
Detailed analysis of price behavior at these levels provides insights into trend strength and the likelihood of price breaks or reversals. By understanding these concepts, technical analysts can forecast future price movements and optimize their trading decisions using tools such as indicators and price action. Support and resistance levels, as a cornerstone of technical analysis, form the foundation for many trading strategies.
🔵 How to Use
The Static Support and Resistance Indicator is a vital tool for identifying significant price zones in financial markets. It automatically detects major and minor support and resistance levels in both short-term and long-term intervals, enabling traders to analyze price behavior accurately and develop optimal entry and exit strategies.
🟣 Major Long-Term Support and Resistance
Major Long-Term Support : The lowest price points recorded over long-term intervals that prevent further declines.
Major Long-Term Resistance : The highest price points in long-term intervals that limit further price increases.
🟣 Minor Long-Term Support and Resistance
Minor Long-Term Support : Temporary halts in price decline within a downtrend over long-term intervals.
Minor Long-Term Resistance : Short-term zones within long-term intervals where prices react negatively in an uptrend.
🟣 Major Short-Term Support and Resistance
Major Short-Term Support : The lowest price points in short-term intervals that act as barriers against sharp price drops.
Major Short-Term Resistance : The highest points in short-term intervals that prevent further price surges.
🟣 Minor Short-Term Support and Resistance
Minor Short-Term Support : Temporary halts in price decline within short-term downtrends.
Minor Short-Term Resistance : Zones where price reacts quickly and reverses in short-term uptrends.
🔵 Settings
Long Term S&R Pivot Period : Defines the interval for identifying long-term support and resistance levels (default: 21).
Short Term S&R Pivot Period : Defines the interval for identifying short-term support and resistance levels (default: 5).
🟣 Long-Term Lines
Major Line Display : Enable/disable major long-term lines.
Minor Line Display : Enable/disable minor long-term lines.
Major Line Colors : Green for support, red for resistance (long-term major levels).
Minor Line Colors : Light green for support, light red for resistance (long-term minor levels).
Major Line Style : Choose between solid, dotted, or dashed lines for major long-term levels.
Minor Line Style : Choose between solid, dotted, or dashed lines for minor long-term levels.
Major Line Width : Adjust the thickness of major long-term lines.
Minor Line Width : Adjust the thickness of minor long-term lines.
🟣 Short-Term Lines
Major Line Display : Enable/disable major short-term lines.
Minor Line Display : Enable/disable minor short-term lines.
Major Line Colors : Gray-green for support, gray-red for resistance (short-term major levels).
Minor Line Colors : Dark green for support, dark red for resistance (short-term minor levels).
Major Line Style : Choose between solid, dotted, or dashed lines for major short-term levels.
Minor Line Style : Choose between solid, dotted, or dashed lines for minor short-term levels.
Major Line Width : Adjust the thickness of major short-term lines.
Minor Line Width : Adjust the thickness of minor short-term lines.
🔵 Conclusion
Static support and resistance levels are among the most critical tools in technical analysis, helping traders identify key reversal or continuation points.
This indicator simplifies and enhances the analysis process by automatically detecting major and minor levels in both short-term and long-term intervals. It allows traders to customize settings to suit their trading strategies and analyze different market levels effectively.
Using this indicator improves price action analysis, enhances market understanding, and identifies trading opportunities. Applicable to all trading styles, from day trading to long-term investing, it is an essential tool for technical analysis.
Combining this indicator with other tools like trendlines, Fibonacci retracements, and moving averages enables comprehensive analysis and allows traders to navigate financial markets with greater confidence.
Indicator
Volume Weighted Reversal BandsThis is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels.
Here is the calculation used for the main line.
(VWMA100 + VWMA500 + VWMA1000 + VWAP) / 4
So it combines 3 VWMAs with the VWAP and divides that number by 4 to give us a moving average. Then we add new levels above and below that moving average to get our channels. The channels are separated by the % deviation you choose in the settings. For tighter bands, lower the percentage deviation and for wider bands, increase the percentage deviation.
The fattest line in the middle is the main moving average and you can expect price to regularly return to this level. The thick lines are the main moving average plus or minus the percentage deviation you have set. There are 10 levels in each direction from the main moving average. The is also a thin short term moving average as well with a custom calculation. It takes 4 different length moving averages that are weighted and 4 more that are volume weighted and divides the total by 8.The lines will be green when price is above the line and red when price is below the line. The thin white line is the VWAP on its own.
These lines will act as dynamic support and resistance so you can scalp them back and forth. These levels work so well because they are volume weighted and the algos hedge their positions back and forth constantly.
For best results, use this indicator on tickers with the highest volume and trading action as the price will stick to these levels better when the big money players are hedging. Some great tickers for this indicator are APPL, SPY, BTC, ETH.
All colors and linewidths can be customized in the settings easily as well as turning off the VWAP or short moving average and adjusting the percentage deviation for the channels.
***MARKETS***
This indicator can be used on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This indicator can be used on all timeframes.
***TIPS***
Try using numerous indicators of ours on your chart for extra confirmation. Our favorites to pair with these bands are the Scalper Ribbon and Trend Friend Signals. The 3 combined give you a lot of extra confirmation on whether the market is going to reverse at these levels. Indicator
Auto Support & Resistance With Wick Signals & Percentage GapsThis auto support and resistance indicator uses percentage deviations from the previous session close to calculate levels. It provides arrows as signals when it detects 2 wicks in the last 5 bars from a support or resistance level. Includes alerts for price crossing any level as well as real time percentage gaps from current price to the next closest support and resistance level. You also have the option to set up to 3 major levels of your own for any levels that are very important on longer timeframes that you want included. Those will show on the chart as well as within your percentage gap table with color coded background. All features can be customized or turned off to suit your preferences.
SOURCE
This indicator uses the previous session close as a source by default but can be adjusted to use the previous session high or the previous session low. I find the close setting to provide the most accurate levels.
SESSION
The default setting for the previous session used is the daily session but can be adjusted to use the daily, weekly, monthly, quarterly or yearly session. Use longer sessions when looking at longer time frame charts.
SIGNALS
The signals by default are set to only show an arrow if there have been 2 bullish or bearish wicks off of a support or resistance level in the last 5 bars. This can be changed to one bullish wick off of support and one bearish wick off of resistance or it can be set to give a signal anytime a bar crosses a support or resistance level. This can be controlled in the indicator settings.
PERCENTAGE DEVIATION LEVELS
The default percentage deviation is set to 1% but can and should be adjusted according to whatever ticker you are using. For example use .25% or .5% when looking at forex intraday charts since they are not as volatile as other markets. For leveraged etfs used 1% multiplied by the leverage on the etf, so for SQQQ use 3% as it is a 3x leveraged etf. When looking at longer timeframes or highly volatile charts, set the percentage deviation to 2%, 5%, 10%, etc.
LINE COLORS
The color of the lines will change from red to green depending on if the price is above or below that level. You can customize these colors in the settings.
MAJOR LEVELS
If you have major levels of support and resistance from longer timeframes and your own charting, you can add up to 3 major levels that will show on the chart as well as show the percentage gaps in the table. The label for each major level will be colored to match the color of the line on the chart individually.
PERCENTAGE GAP TABLE
The gap table will update live with percentages to go from current price to the next closest support and resistance levels so you don’t have to calculate them manually. The position of the percentage gap table can also be changed within the indicator settings.
TURN FEATURES ON/OFF
There are 3 toggle switches so you can easily turn on or off certain features such as: the support and resistance lines, the percentage gaps table and the arrow signals.
LINE WIDTHS
You can also set the line width of all levels and the line width of the starting level within the indicator settings.
***MARKETS***
This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This automatic support and resistance indicator can be used on all timeframes as long as there is enough data for the session used.
***TIPS***
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Volume Spike Scanner, Volume Profile, Momentum and Trend Friend in combination with this auto support and resistance indicator. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend. Indicator
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