// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Support and resistance levels using SAR"); //Support and resistance levels using SAR. //ABUSLIMAN //Load into Indicator Builder //Sensitivity of the levels can be changed with the variables //Can test different numbers live with the Param function ctrl-R with open pane acc = Param("Acceleration", 0.02, 0, 1, 0.001 ); accm = Param("Max. acceleration", 0.2, 0, 1, 0.001 ); NumLine = Param("Num Lines",8,1,20,1); Base = SAR( acc, accm ); GraphXSpace=0.5; Plot(C,"",colorBlack,styleCandle); Plot( SAR( acc, accm ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleDots | styleNoLine, maskDefault | styleDots | styleNoLine ) ); for( i = 1; i <= numline; i++ ) { ResBase = LastValue(ValueWhen(BASE>O AND Ref(BASE,-1)O,BASE,i)); Plot(ValueWhen( ResBase==BASE, BASE,1 ), "Resist Level", colorRed,styleLine); Plot(ValueWhen( supbase==BASE, BASE,1 ), "Support Level", colorGreen,styleLine); } Title = Name() + "; " + Date() + ": Support AND Resistance"; _SECTION_END();