How it works
A pivot is confirmed N bars after the candle. Each zone is the pivot price plus and minus ATR times a width multiplier. Touches count bars that overlap the zone, and a close beyond the far edge marks it Broken for good.
What you see
- Zones from swing pivots Resistance zones (red) come from swing highs and support zones (green) from swing lows. Only the latest zones per side are shown, three by default.
- Touch count and tier Each zone tracks bars traded inside it. A relative tier (Strong, Medium, Weak) ranks zones against each other. Hover a label for the exact count.
- Permanent Broken status When a bar closes beyond a zone's far edge it turns gray and is marked Broken, even if price returns.
How to use it
- Watch for a reaction Treat zones as areas where price may pause, reject or bounce on a retest. It may or may not, and a zone can fail at any time.
- Read the colour Brighter zones are newer and darker zones are older.
- Keep broken zones for reference Gray zones show where price has already closed through a level.
- Choose the pivot length A higher lookback gives fewer, more significant zones, confirmed later. A lower one gives more recent structure, confirmed sooner.
Settings
- Pivot lookback 10 bars each side by default.
- ATR length and zone width 14 and 0.5 by default, about one ATR thick.
- Max zones per side 3.
- Zone extension 30 bars to the right.
- Labels and colours Show or hide labels and set bright and dark colours.
Alerts
- Resistance Zone Broken and Support Zone Broken.
- They follow only the newest pivot on each side and trigger when the close crosses that pivot's price, the centre of the zone.
- A new pivot can replace the tracked level and also fire an alert. Use Once Per Bar Close.
Good to know
- Zones are drawn from the pivot candle but were not known until N bars later.
- Only the current state is drawn. Scrolling back does not show earlier zones.
- The tier is a relative ranking. It does not estimate how likely a zone is to hold.
- On a live bar, touch counts and break status can change until the bar closes.
Try it on your own chart.
Add it from TradingView and see it on your symbols and timeframes.
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