Most important levels

igar

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Please, I need a script that finds the best support or resistance levels hitting as many candlestick bodies or wicks across multiple price alignments or pivot points on the chart. See the sample image here. The script should work on any time frame and the lines will extend dynamically as the chart moves over time. Thanks in advance for any help with this!
Screenshot 2024-06-19 at 12.08.17.png
 
Solution
Unfortunately, no.
It is not possible to create a whole indicator from an image.

AND
hitting as many candlestick bodies or wicks across multiple price alignments or pivot points on the chart
Is not a programmable specification.

Yes, yours is the definition for drawing manual trendlines.
Which by nature is broad because support and resistance presents in infinite ways.
Which is why the best lines are always drawn manually.

It is suggested that you review the top 50 support and resistance indicators on the forum, sorted by popularity:
https://usethinkscript.com/search/1599956/?q=supportxresistance&t=post&c[title_only]=1&o=replies&g=1

To determine if any programmable specifications are able to fit your needs.
Unfortunately, no.
It is not possible to create a whole indicator from an image.

AND
hitting as many candlestick bodies or wicks across multiple price alignments or pivot points on the chart
Is not a programmable specification.

Yes, yours is the definition for drawing manual trendlines.
Which by nature is broad because support and resistance presents in infinite ways.
Which is why the best lines are always drawn manually.

It is suggested that you review the top 50 support and resistance indicators on the forum, sorted by popularity:
https://usethinkscript.com/search/1599956/?q=supportxresistance&t=post&c[title_only]=1&o=replies&g=1

To determine if any programmable specifications are able to fit your needs.
 
Last edited by a moderator:
Solution
Unfortunately, no.
It is not possible to create a whole indicator from an image.

AND

Is not a programmable specification.

Yes, yours is the definition for drawing manual trendlines.
Which by nature is broad because support and resistance presents in infinite ways.
Which is why the best trendlines are always drawn manually.

It is suggested that you review the top 50 support and resistance indicators on the forum, sorted by popularity:
https://usethinkscript.com/search/1599956/?q=supportxresistance&t=post&c[title_only]=1&o=replies&g=1

To determine if any programmable specifications are able to fit your needs.
Thank you, I will check those indicators!
 

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