SR DYNAMIC V2 Trading Guide

The Support Resistance - Dynamic v2 is a quantitative technical analysis tool. Support/Resistance Dynamic v2 (ported from Pine) - Detects pivot highs/lows - Clusters pivots into S/R zones by max channel width

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Pivot Period (prd): Controls the calculation period and sensitivity for market detection.
• Source (src): Controls the calculation period and sensitivity for market detection.
• Max Pivot Count (maxPivots): Controls the calculation period and sensitivity for market detection.
• Max Channel Width % (channelW): Controls the calculation period and sensitivity for market detection.
• Max S/R Levels (maxSR): Controls the calculation period and sensitivity for market detection.
• Min Strength (minStrength): Controls the calculation period and sensitivity for market detection.
• Label Location (labelLoc): Controls the calculation period and sensitivity for market detection.
• Line Style (lineStyle): Controls the calculation period and sensitivity for market detection.
• Line Width (lineWidth): Controls the calculation period and sensitivity for market detection.
• Show Pivot Points (showPP): Controls the calculation period and sensitivity for market detection.
• Min Level Age (bars) (minAge): Controls the calculation period and sensitivity for market detection.
• Min Breakout Bars (minBreakout): Controls the calculation period and sensitivity for market detection.
• Support Level (nearest) (supportLevel): Controls the calculation period and sensitivity for market detection.
• Resistance Level (nearest) (resistanceLevel): Controls the calculation period and sensitivity for market detection.
• Support Strength (supportStrength): Controls the calculation period and sensitivity for market detection.
• Resistance Strength (resistanceStrength): Controls the calculation period and sensitivity for market detection.
• S/R Count (srCount): Controls the calculation period and sensitivity for market detection.
• Levels Below (Support) (levelsBelow): Controls the calculation period and sensitivity for market detection.
• Levels Above (Resistance) (levelsAbove): Controls the calculation period and sensitivity for market detection.
• Dist to Support % (distToSupport): Controls the calculation period and sensitivity for market detection.
• Dist to Resistance % (distToResistance): Controls the calculation period and sensitivity for market detection.
• Zones Below (full band) (zonesBelow): Controls the calculation period and sensitivity for market detection.
• Zones Above (full band) (zonesAbove): Controls the calculation period and sensitivity for market detection.
• Zones Containing Price (zonesContaining): Controls the calculation period and sensitivity for market detection.
• Resistance Broken (Cross Up) (crossedOver): Controls the calculation period and sensitivity for market detection.
• Support Broken (Cross Down) (crossedUnder): Controls the calculation period and sensitivity for market detection.
• Resistance Line (resistanceLine): Controls the calculation period and sensitivity for market detection.
• Support Line (supportLine): Controls the calculation period and sensitivity for market detection.
• Label Text (Light) (labelTextLight): Controls the calculation period and sensitivity for market detection.
• Label Text (Dark) (labelTextDark): Controls the calculation period and sensitivity for market detection.
• Support Level (nearest) (supportLevel): Controls the calculation period and sensitivity for market detection.
• Resistance Level (nearest) (resistanceLevel): Controls the calculation period and sensitivity for market detection.
• Resistance Broken (crossedOver): Controls the calculation period and sensitivity for market detection.
• Support Broken (crossedUnder): Controls the calculation period and sensitivity for market detection.
• Levels Below (Support) Count (levelsBelow): Controls the calculation period and sensitivity for market detection.
• Levels Above (Resistance) Count (levelsAbove): Controls the calculation period and sensitivity for market detection.
• Distance to Support % (distToSupport): Controls the calculation period and sensitivity for market detection.
• Zones Below (full band) Count (zonesBelow): Controls the calculation period and sensitivity for market detection.
• Zones Above (full band) Count (zonesAbove): Controls the calculation period and sensitivity for market detection.
• Zones Containing Price Count (zonesContaining): Controls the calculation period and sensitivity for market detection.
• Distance to Resistance % (distToResistance): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• crossedOver - Resistance Broken (Cross Up) event signal.
• crossedUnder - Support Broken (Cross Down) event signal.
• crossedOver - Resistance Broken event signal.
• crossedUnder - Support Broken event signal.

2. Filters and Trade Levels

• prd - Pivot Period value used for structural qualification or thresholds.
• src - Source value used for structural qualification or thresholds.
• maxPivots - Max Pivot Count value used for structural qualification or thresholds.
• channelW - Max Channel Width % value used for structural qualification or thresholds.
• maxSR - Max S/R Levels value used for structural qualification or thresholds.
• minStrength - Min Strength value used for structural qualification or thresholds.
• labelLoc - Label Location value used for structural qualification or thresholds.
• lineStyle - Line Style value used for structural qualification or thresholds.
• lineWidth - Line Width value used for structural qualification or thresholds.
• showPP - Show Pivot Points value used for structural qualification or thresholds.
• minAge - Min Level Age (bars) value used for structural qualification or thresholds.
• minBreakout - Min Breakout Bars value used for structural qualification or thresholds.
• supportLevel - Support Level (nearest) value used for structural qualification or thresholds.
• resistanceLevel - Resistance Level (nearest) value used for structural qualification or thresholds.
• supportStrength - Support Strength value used for structural qualification or thresholds.
• resistanceStrength - Resistance Strength value used for structural qualification or thresholds.
• srCount - S/R Count value used for structural qualification or thresholds.
• levelsBelow - Levels Below (Support) value used for structural qualification or thresholds.
• levelsAbove - Levels Above (Resistance) value used for structural qualification or thresholds.
• distToSupport - Dist to Support % value used for structural qualification or thresholds.
• distToResistance - Dist to Resistance % value used for structural qualification or thresholds.
• zonesBelow - Zones Below (full band) value used for structural qualification or thresholds.
• zonesAbove - Zones Above (full band) value used for structural qualification or thresholds.
• zonesContaining - Zones Containing Price value used for structural qualification or thresholds.
• resistanceLine - Resistance Line value used for structural qualification or thresholds.
• supportLine - Support Line value used for structural qualification or thresholds.
• labelTextLight - Label Text (Light) value used for structural qualification or thresholds.
• labelTextDark - Label Text (Dark) value used for structural qualification or thresholds.
• supportLevel - Support Level (nearest) value used for structural qualification or thresholds.
• resistanceLevel - Resistance Level (nearest) value used for structural qualification or thresholds.
• levelsBelow - Levels Below (Support) Count value used for structural qualification or thresholds.
• levelsAbove - Levels Above (Resistance) Count value used for structural qualification or thresholds.
• distToSupport - Distance to Support % value used for structural qualification or thresholds.
• zonesBelow - Zones Below (full band) Count value used for structural qualification or thresholds.
• zonesAbove - Zones Above (full band) Count value used for structural qualification or thresholds.
• zonesContaining - Zones Containing Price Count value used for structural qualification or thresholds.
• distToResistance - Distance to Resistance % value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.