S/R Levels with Breaks v 1.0.0725 [JayKay]

前天

Support and Resistance Levels with Break Alerts [JayKay]

This script identifies high-probability support and resistance levels based on pivot structures and highlights breakout conditions when accompanied by strong volume momentum. Designed specifically for 15-minute charts, it is ideal for intraday traders looking for clean, actionable levels with visual break alerts.

Key Features:
Automatic S/R Detection: Uses pivot-based logic to plot horizontal support and resistance lines at significant price turning points.

Break Confirmation: Highlights bullish and bearish breaks only when price breaches S/R levels with volume confirmation.

Volume Oscillator Filter: Validates breakout strength using a short-term vs long-term volume EMA oscillator.

Bull & Bear Wick Signals: Detects failed breakout attempts (false moves) using candle wick analysis.

15-Minute Chart Restriction: Plots S/R lines and signals only on the 15-minute timeframe to maintain precision and avoid noise.

Custom Alerts: Get notified when a resistance or support level is broken under strong volume.

This tool is best suited for traders who want clear, rule-based levels combined with breakout logic for disciplined trade setups.

前天

發行說明

// Update: Lines and signals are now restricted to the 15-minute chart only.
// This ensures support and resistance levels are calculated and drawn exclusively on 15m timeframe,
// improving consistency for intraday strategies and avoiding clutter on other timeframes.