Dynamic Levels Breakouts For ThinkOrSwim

[FOTM_8888]

hi group! happy sunday to all!
i found this great indicator, i hope one of the greatest coder here can help me! thank you in advance

https://www.tradingview.com/v/FwJOjpzv/

 

[samer800]

hi group! happy sunday to all!
i found this great indicator, i hope one of the greatest coder here can help me! thank you in advance

https://www.tradingview.com/v/FwJOjpzv/

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/

// Angel Algo
//@version=5
indicator("Dynamic Levels Breakouts", overlay = true)

// Script inputs

length = input.int(defval=20, title="Period", minval=2, maxval=30) // 20 or 15


// Calculate maximum and minimum price in the rolling window

max_level = ta.highest(high, length)

min_level = ta.lowest(low, length)


// Define condtions for dynamic support and resistance levels detection and plotting

max_color_cond = (max_level[1]==max_level[2]) and (close[1]<=max_level[1])
and (close[1]>=min_level[1])

min_color_cond = (min_level[1]==min_level[2]) and (close[1]<=max_level[1])
and (close[1]>=min_level[1])


// Define conditional coloring for dynamic support and resistance levels

max_level_color = max_color_cond ? color.new(color.red,70):na

min_level_color = min_color_cond ? color.new(color.green,70):na


// Define bullish and bearish breakouts condition

bullish_breakout = ta.crossover (close, max_level[1])

bearish_breakout = ta.crossunder (close, min_level[1])


//Plot dynamic support and resistance levels

plot(max_level[1], color = max_level_color,linewidth=2)

plot(min_level[1], color = min_level_color,linewidth=2)


// Define a current market regime condition

not_bullish = ta.barssince(bullish_breakout[1])>ta.barssince(bearish_breakout[1])

not_bearish = ta.barssince(bullish_breakout[1])<ta.barssince(bearish_breakout[1])


// Plot dynamic support and resistance levels breakout signals

plotshape(bullish_breakout and not_bullish, text="▲", style=shape.labelup,
color=color.green, textcolor=color.white, location=location.belowbar, size=size.small)

plotshape(bearish_breakout and not_bearish, text="▼", style=shape.labeldown,
color=color.red, textcolor=color.white, location=location.abovebar, size=size.small)

check the below

#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// Angel Algo
# indicator("Dynamic Levels Breakouts", overlay = true)
# Converted by Sam4Cok@Samer800    - 08/2023

input showHiLoLines = yes;
input length = 20;#, title="Period", minval=2, maxval=30) // 20 or 15

def na = Double.NaN;
#// Calculate maximum and minimum price in the rolling window

def max_level = highest(high, length);
def min_level = lowest(low , length);

#// Define condtions for dynamic support and resistance levels detection and plotting

def max_color_cond = (max_level[1]==max_level[2]) and (close[1]<=max_level[1]) and (close[1]>=min_level[1]);
def min_color_cond = (min_level[1]==min_level[2]) and (close[1]<=max_level[1]) and (close[1]>=min_level[1]);

#// Define conditional coloring for dynamic support and resistance levels
def max_level_color = max_color_cond and showHiLoLines;# ? color.new(color.red,70):na
def min_level_color = min_color_cond and showHiLoLines;# ? color.new(color.green,70):na

#// Define bullish and bearish breakouts condition
def bullish_breakout = crosses(close, max_level[1], CrossingDirection.ABOVE) and atr(1) > atr(10);
def bearish_breakout = crosses(close, min_level[1], CrossingDirection.BELOW) and atr(1) > atr(10);

#/ Define a current market regime condition
def barBull = if bullish_breakout[1] then 0 else barBull[1] + 1;
def barBear = if bearish_breakout[1] then 0 else barBear[1] + 1;

def not_bullish = barBull > barBear;
def not_bearish = barBull < barBear;

#//Plot dynamic support and resistance levels
plot maxLevel = if max_level_color then max_level[1] else na;#, color = max_level_color,linewidth=2)
plot minLevel = if min_level_color then min_level[1] else na;#, color = min_level_color,linewidth=2)

maxLevel.SetDefaultColor(Color.DARK_RED);
minLevel.SetDefaultColor(Color.DARK_GREEN);
#// Plot dynamic support and resistance levels breakout signals
AddChartBubble(bullish_breakout and not_bullish, low, "B", Color.GREEN, no);#, text="?", style=shape.labelup,
AddChartBubble(bearish_breakout and not_bearish, high, "S", Color.RED, yes);#text="?", style=shape.labeldown,


#-- END of CODE

 

[FOTM_8888]

check the below

#// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
#// Angel Algo
# indicator("Dynamic Levels Breakouts", overlay = true)
# Converted by Sam4Cok@Samer800    - 08/2023

input showHiLoLines = yes;
input length = 20;#, title="Period", minval=2, maxval=30) // 20 or 15

def na = Double.NaN;
#// Calculate maximum and minimum price in the rolling window

def max_level = highest(high, length);
def min_level = lowest(low , length);

#// Define condtions for dynamic support and resistance levels detection and plotting

def max_color_cond = (max_level[1]==max_level[2]) and (close[1]<=max_level[1]) and (close[1]>=min_level[1]);
def min_color_cond = (min_level[1]==min_level[2]) and (close[1]<=max_level[1]) and (close[1]>=min_level[1]);

#// Define conditional coloring for dynamic support and resistance levels
def max_level_color = max_color_cond and showHiLoLines;# ? color.new(color.red,70):na
def min_level_color = min_color_cond and showHiLoLines;# ? color.new(color.green,70):na

#// Define bullish and bearish breakouts condition
def bullish_breakout = crosses(close, max_level[1], CrossingDirection.ABOVE) and atr(1) > atr(10);
def bearish_breakout = crosses(close, min_level[1], CrossingDirection.BELOW) and atr(1) > atr(10);

#/ Define a current market regime condition
def barBull = if bullish_breakout[1] then 0 else barBull[1] + 1;
def barBear = if bearish_breakout[1] then 0 else barBear[1] + 1;

def not_bullish = barBull > barBear;
def not_bearish = barBull < barBear;

#//Plot dynamic support and resistance levels
plot maxLevel = if max_level_color then max_level[1] else na;#, color = max_level_color,linewidth=2)
plot minLevel = if min_level_color then min_level[1] else na;#, color = min_level_color,linewidth=2)

maxLevel.SetDefaultColor(Color.DARK_RED);
minLevel.SetDefaultColor(Color.DARK_GREEN);
#// Plot dynamic support and resistance levels breakout signals
AddChartBubble(bullish_breakout and not_bullish, low, "B", Color.GREEN, no);#, text="?", style=shape.labelup,
AddChartBubble(bearish_breakout and not_bearish, high, "S", Color.RED, yes);#text="?", style=shape.labeldown,


#-- END of CODE

thank you some much @samer800