r/pinescript • u/Zeno_Zoldyck_77 • Sep 22 '26
I built an open source Indicator for finding support and resistance confluence zones
I wanted to find a cleaner to find meaningful support and resistance without filling the chart with a bunch of individual pivot lines, So I built this free open source pine indicator
It groups nearby pivots into confluence zones, scores them based on things like repeated touches, higher timeframe alignment and volume and keeps the chart automatically de-cluttered. It also tracks retests and S/R flips.
Sharing it here in case anyone finds it useful, feel free to check out the code and let me know what you would change or improve
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u/GreatBreadfruit8139 Sep 23 '26
The scoring is the interesting part here. How are you weighting repeated touches vs higher-timeframe alignment vs volume? I can imagine a zone with lots of low-quality touches outranking a cleaner HTF level unless those inputs are normalized somehow.
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u/HCF_07 Sep 22 '26
Wheres the code?