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Support Resistance Classification (VR)

By LuxAlgoMay 30, 2023

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Support Resistance Classification (VR) ranks the SR levels on your screen from 1 to 10, strongest first, using higher-timeframe data confined to the visible range. Adjust the view and the indicator recalculates, grading whatever history is displayed — an exploratory way of asking, for any period, which levels deserved respect. Its scoring pass is a close relative of level clustering algorithms, which rank groups of nearby prices by their historical significance.

How to Trade the Support Resistance Classification (VR)?

  • Lean on rank 1: a level classified 1 is the strongest in the visible range — the first place to look for reactions and potential reversals.
  • Scan history by scrolling: pan across past data and let the levels recalculate, a fast way to audit how classified levels behaved.
  • HTF context on any chart: because levels derive from higher-timeframe data, lower-timeframe traders inherit the bigger picture automatically.
  • Consistent break logic: even with 'value' selected, breaks are computed across the entire line, so a level's break history never depends on display choices.

Support Resistance Classification (VR) Settings

  • Fade: makes lines invisible after a set number of breaks.
  • Value / line: judge breaks on the latest value or across the whole line for each reference — SMA, upper/lower Bollinger band, Fibonacci pivot point levels, previous high/low, or swings.
  • Left/Right & Show: swing pivot calculation on the chart timeframe, with optional pivot display.
  • Number, Type, Length, MULT, HTF: configure each reference set — its type, calculation length, deviation multiplier, and higher timeframe.
  • A–E displays: show up to five chosen values (swings excepted) to verify which configuration fits your market.

Frequently Asked Questions

Why did my levels change when I moved the chart?

Everything is computed from the visible range, so panning or zooming redefines the dataset and the classification refreshes with it. That responsiveness is the point — the indicator always describes the history you are actually looking at.

What separates this from the standard classification tool?

The non-VR version swaps the visible range for a preset Lookback, producing levels that hold still while you navigate. The techniques are incompatible within one script, which is why LuxAlgo ships them as separate builds.

How can I start using it?

Free access comes through the LuxAlgo Library. This page also links straight into Quant, LuxAlgo's AI, where the indicator can be run and explored without setup.

Free indicator

Get free access to this indicator on the platforms below.

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NinjaTrader
MetaTrader 4/5
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