Trapper Support & Resistance

Overview
Trapper Support & Resistance Zones is a precision-based tool designed to automatically identify key horizontal levels where price has historically shown reaction. These levels often serve as critical decision zones for traders assessing trend continuation or reversal potential.

Functionality

Plots support and resistance zones using recent swing highs and lows.
Optional retest confirmation before zones are validated.
Works dynamically across timeframes and asset types.
Zones adapt in real time as price action evolves.
Levels are clearly extended and priced for immediate use on the chart.
Designed for confluence with supply/demand, breakouts, and trend reversal strategies.

Who It’s For

This indicator is useful for traders seeking structured visual guidance to navigate consolidation, breakouts, and pullback areas. It serves scalpers, swing traders, and long-term investors alike across crypto, equities, forex, or indices.

How to Use the “Trapper Support & Resistance Zones” Indicator

Apply to Any Chart or Timeframe.
Works best on 5m to Daily charts, but dynamically adapts to any timeframe.

Zone Interpretation

Green lines = Support zones (bottom of prior candle bodies).
Red lines = Resistance zones (top of prior candle bodies).
These zones highlight key levels where price historically reacted.

Retest Filter (Optional)

Enable “Retest Filter” in settings to only show levels that have been respected again after formation.

Customization

Use the input panel to adjust pivot strength and retest logic.
Set line thickness or duration (extend right) for better visual clarity.

Trade Ideas

Zones can be used for breakout confirmation or mean reversion setups.
Combine with volume or momentum indicators for higher-confidence trades.

Disclaimer
This tool is intended solely for educational and informational purposes. It does not constitute financial advice, and no outcome or profitability is guaranteed. By using this script, you acknowledge that the author makes no claim of investment performance and assumes no liability. The script is not exclusively for qualified or institutional investors.