Support Resistance Classification

Support Resistance Classification doesn't just draw levels: it grades them. Working across a preset lookback window, it derives support and resistance levels from higher-timeframe references and assigns each a rank from 1 to 10, with the lower numbers marking the stronger levels. The output is a shortlist you can prioritize at a glance. This is the fixed-lookback, non-VR build: it deliberately omits visible-range functionality because the two techniques cannot share one script.

How to Trade the Support Resistance Classification?

• Rank 1 is the anchor: the strongest classified levels are the first candidates for anticipated reactions and reversals.
• Carry HTF levels down: identify long-term levels from higher-timeframe data, then trade around them on your execution timeframe.
• Breaks span the whole line: whether 'value' or 'entire line' is active, breaks are always evaluated on the complete line, keeping breakout reads consistent.
• Non-broken swings count: unbroken swing points feed the calculation, sharpening the forward-looking value of the levels.

Support Resistance Classification Settings

• Lookback: how many bars back from the current bar the calculation covers.
• Fade: hides a level after a chosen number of breaks.
• Value / line: whether breaks are judged on the latest value or the entire line, per reference type: SMA, upper/lower band, Fibonacci pivot point levels, previous high/low, or swings.
• Left/Right & Show: swing pivot detection, always on the chart timeframe, with optional pivot display.
• N°, TYPE, LENGTH, MULT, HTF: per-set choices of reference, calculation length, deviation multiplier, and higher timeframe; up to five values (swings excepted) can be displayed for verification.

Frequently Asked Questions

Why do lower numbers mean stronger levels?

When should I use the VR version instead?

Is the indicator free?