Need Best Support and Resistance Indicator

Hi everyone,

I've been reading this thread and wandered if there was a consensus on the best support and resistance indicator that will indicate the major levels. Are people leaning to a specific indicator or are they just using lots of different ones?

Cheers,

Ed

@abokwaik

In the end, did you find the perfect support & resistance indicator?
You code some of them. What is the outcome?
Cheers

Best so far were : Monthly/Weekly/Daily Open Prices, and Monthly/Weekly/Daily High/Low Prices. You can find them on this thread or my Indicators Lab thread.

Thanks

Hi,
Sorry After 20Pages, Now Can You Tell Me Which One Is The Best One ?

thanks a lot

Hi HarmonicBoy,

In this SR indicator, Is there any difference between "D1 Res C" and "D1 Res" and also between the solid lines and the broken lines, what do they mean?

Thanks

Sytj

Hi Jenbols,

In this SR indicator, what's the difference between "D1 Res C" and "D1 Res" and also between the solid lines and the broken lines, what do they mean?

Thanks

Sytj

Sorry After 20Pages, Now Can You Tell Me Which One Is The Best One ?

Hi Khalil,

Can you please suggest the best support and resistance indicator can be used in mt4 ?

Can you please share the link here?

Hello everyone. Does anyone possess the SnR indi as shown in the picture?
Would you mind share with us please. Thanks in advance.

Hello, I always work with the support and resistance of the previous spark plug. Have any indicator that makes automatic candle-by-candle marking?
I use M15, M30, H1, H4 and D1.

Hi everyone
can anyone help me out this
i want this buy/sell label near candle
whenever it generates...
Screenshot and indicator attached

thanks in advance

Any body here have False Break Indicator like this?

I have created an indicator and would love feedback on it. It seems to do well for my purposes, but would love to know what other people think. The indicator is on the MQL5 marketplace for MetaTrader 4, but is free.

https://www.mql5.com/en/market/product/49414

A trade setup for me recently...
Price is in a Zone, and there is divergence with the RSI and Awesome indicators.
So I'm short.

can you explain more i have to select all these inicators or any of them

This to me is the best support resistance indicator by lonesome the blue on trading view i wish someone could code it for mt4

Thanks. Do you by any chance have the trading view source code of it?

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// LonesomeTheBlue
//@version=4
study("Support Resistance - Dynamic", overlay = true, max_bars_back = 600)
rb = input(10, title = "Period for Pivot Points", minval = 10)
prd = input(284, title = "Loopback Period", minval = 100, maxval = 500)
nump = input(2, title ="S/R strength", minval = 1)
ChannelW = input(10, title = "Channel Width %", minval = 5)
linestyle = input('Dashed', title = "Line Style", options = ['Solid', 'Dotted', 'Dashed'])
linecolor = input('Blue', title = "Line Color", options = ['Blue', 'Red', 'Lime', 'White', 'Black'])
drawhl = input(true, title = "Draw Highest/Lowest Pivots in Period")
showpp = input(false, title = "Show Point Points")

ph = pivothigh(rb, rb)
pl = pivotlow(rb, rb)
plotshape(ph and showpp, text="[H]", style=shape.labeldown, color=color.white, textcolor=color.black, location=location.abovebar, transp=0, offset = -rb)
plotshape(pl and showpp, text="[L]", style=shape.labelup, color=color.white, textcolor=color.black, location=location.belowbar, transp=0, offset = -rb)
// S/R levels
float sr1 = na, float sr2 = na, float sr3 = na, float sr4 = na, float sr5 = na, float sr6 = na, float sr7 = na, float sr8 = na, float sr9 = na, float sr10 = na
float sr11 = na, float sr12 = na, float sr13 = na, float sr14 = na, float sr15 = na, float sr16 = na, float sr17 = na, float sr18 = na, float sr19 = na, float sr20 = na
// if number of bars is less then the loop then pine highest() fundtion brings 'na'. we need highest/lowest to claculate channel size
// so you cannot see S/R until the number of bars is equal/greater then the "Loopback Period"
prdhighest = highest(prd)
prdlowest = lowest(prd)
cwidth = (prdhighest - prdlowest) * ChannelW / 100
//availability of the PPs
a1 = true, a2 = true, a3 = true, a4 = true, a5 = true, a6 = true, a7 = true, a8 = true, a9 = true, a10 = true
a11 = true, a12 = true, a13 = true, a14 = true, a15 = true, a16 = true, a17 = true, a18 = true, a19 = true, a20 = true
a21 = true, a22 = true, a23 = true, a24 = true, a25 = true, a26 = true, a27 = true, a28 = true, a29 = true, a30 = true
a31 = true, a32 = true, a33 = true, a34 = true, a35 = true, a36 = true, a37 = true, a38 = true, a39 = true, a40 = true
ppavailable(ind)=> // is PP available?
_ret = ind == 1 and a1 ? true : ind == 2 and a2 ? true : ind == 3 and a3 ? true : ind == 4 and a4 ? true : ind == 5 and a5 ? true :
ind == 6 and a6 ? true : ind == 7 and a7 ? true : ind == 8 and a8 ? true : ind == 9 and a9 ? true : ind == 10 and a10 ? true :
ind == 11 and a11 ? true : ind == 12 and a12 ? true : ind == 13 and a13 ? true : ind == 14 and a14 ? true : ind == 15 and a15 ? true :
ind == 16 and a16 ? true : ind == 17 and a17 ? true : ind == 18 and a18 ? true : ind == 19 and a19 ? true : ind == 20 and a20 ? true :
ind == 21 and a21 ? true : ind == 22 and a22 ? true : ind == 23 and a23 ? true : ind == 24 and a24 ? true : ind == 25 and a25 ? true :
ind == 26 and a26 ? true : ind == 27 and a27 ? true : ind == 28 and a28 ? true : ind == 29 and a29 ? true : ind == 30 and a30 ? true :
ind == 31 and a31 ? true : ind == 32 and a32 ? true : ind == 33 and a33 ? true : ind == 34 and a34 ? true : ind == 35 and a35 ? true :
ind == 36 and a36 ? true : ind == 37 and a37 ? true : ind == 38 and a38 ? true : ind == 39 and a39 ? true : ind == 40 and a40 ? true :
false

set_a(t1, a1)=>
_ret = not t1 ? false : a1

// last privot points have more priority to be support/resistance, so we start from them
// if we met new Pivot Point then we calculate all supports/resistances again
u1 = 0.0, u1 := nz(u1[1])
d1 = 0.0, d1 := nz(d1[1])
highestph = 0.0
lowestpl = 0.0
highestph := highestph[1]
lowestpl := lowestpl[1]
if ph or pl
//old S/Rs not valid anymore
sr1 := na, sr2 := na, sr3 := na, sr4 := na, sr5 := na, sr6 := na, sr7 := na, sr8 := na, sr9 := na, sr10 := na
sr11 := na, sr12 := na, sr13 := na, sr14 := na, sr15 := na, sr16 := na, sr17 := na, sr18 := na, sr19 := na, sr20 := na
highestph := prdlowest
lowestpl := prdhighest
countpp = 0 // keep position of the PP
for x = 0 to prd
if na(close[x])
break
if not na(ph[x]) or not na(pl[x]) // is it PP?
highestph := max(highestph, nz(ph[x], prdlowest), nz(pl[x], prdlowest))
lowestpl := min(lowestpl, nz(ph[x], prdhighest), nz(pl[x], prdhighest))
countpp := countpp + 1
if ppavailable(countpp) // if PP is not used in a channel
upl = (ph[x] ? high[x+rb] : low[x+rb]) + cwidth
dnl = (ph[x] ? high[x+rb] : low[x+rb]) - cwidth
u1 := countpp == 1 ? upl : u1
d1 := countpp == 1 ? dnl : d1
// to keep the PPs which will be in current channel
t1 = true, t2 = true, t3 = true, t4 = true, t5 = true, t6 = true, t7 = true, t8 = true, t9 = true, t10 = true
t11 = true, t12 = true, t13 = true, t14 = true, t15 = true, t16 = true, t17 = true, t18 = true, t19 = true, t20 = true
t21 = true, t22 = true, t23 = true, t24 = true, t25 = true, t26 = true, t27 = true, t28 = true, t29 = true, t30 = true
t31 = true, t32 = true, t33 = true, t34 = true, t35 = true, t36 = true, t37 = true, t38 = true, t39 = true, t40 = true
cnt = 0 // keep which pivot point we are on
tpoint = 0 // number of PPs in the channel
for xx = 0 to prd
if na(close[xx])
break
if not na(ph[xx]) or not na(pl[xx])
chg = false
cnt := cnt + 1
if ppavailable(cnt) // if PP not used in other channels
if not na(ph[xx])
if high[xx+rb] <= upl and high[xx+rb] >= dnl // PP is in the channel?
tpoint := tpoint + 1
chg := true

if not na(pl[xx])
if low[xx+rb] <= upl and low[xx+rb] >= dnl // PP is in the channel?
tpoint := tpoint + 1
chg := true
// set if PP is used in the channel
t1 := iff(chg and cnt == 1, false, t1), t2 := iff(chg and cnt == 2, false, t2), t3 := iff(chg and cnt == 3, false, t3), t4 := iff(chg and cnt == 4, false, t4), t5 := iff(chg and cnt == 5, false, t5)
t6 := iff(chg and cnt == 6, false, t6), t7 := iff(chg and cnt == 7, false, t7), t8 := iff(chg and cnt == 8, false, t8), t9 := iff(chg and cnt == 9, false, t9), t10 := iff(chg and cnt == 10, false, t10)
t11 := iff(chg and cnt == 11, false, t11), t12 := iff(chg and cnt == 12, false, t12), t13 := iff(chg and cnt == 13, false, t13), t14 := iff(chg and cnt == 14, false, t14), t15 := iff(chg and cnt == 15, false, t15)
t16 := iff(chg and cnt == 16, false, t16), t17 := iff(chg and cnt == 17, false, t17), t18 := iff(chg and cnt == 18, false, t18), t19 := iff(chg and cnt == 19, false, t19), t20 := iff(chg and cnt == 20, false, t20)
t21 := iff(chg and cnt == 21, false, t21), t22 := iff(chg and cnt == 22, false, t22), t23 := iff(chg and cnt == 23, false, t23), t24 := iff(chg and cnt == 24, false, t24), t25 := iff(chg and cnt == 25, false, t25)
t26 := iff(chg and cnt == 26, false, t26), t27 := iff(chg and cnt == 27, false, t27), t28 := iff(chg and cnt == 28, false, t28), t29 := iff(chg and cnt == 29, false, t29), t30 := iff(chg and cnt == 30, false, t30)
t31 := iff(chg and cnt == 31, false, t31), t32 := iff(chg and cnt == 32, false, t32), t33 := iff(chg and cnt == 33, false, t33), t34 := iff(chg and cnt == 34, false, t34), t35 := iff(chg and cnt == 35, false, t35)
t36 := iff(chg and cnt == 36, false, t36), t37 := iff(chg and cnt == 37, false, t37), t38 := iff(chg and cnt == 38, false, t38), t39 := iff(chg and cnt == 39, false, t39), t40 := iff(chg and cnt == 40, false, t40)

if tpoint >= nump // met enough PP in the channel? mark the PP as used for a channel and set the SR level
a1 := set_a(t1, a1), a2 := set_a(t2, a2), a3 := set_a(t3, a3), a4 := set_a(t4, a4), a5 := set_a(t5, a5), a6 := set_a(t6, a6), a7 := set_a(t7, a7), a8 := set_a(t8, a8), a9 := set_a(t9, a9), a10 := set_a(t10, a10)
a11 := set_a(t11, a11), a12 := set_a(t12, a12), a13 := set_a(t13, a13), a14 := set_a(t14, a14), a15 := set_a(t15, a15), a16 := set_a(t16, a16), a17 := set_a(t17, a17), a18 := set_a(t18, a18), a19 := set_a(t19, a19), a20 := set_a(t20, a20)
a21 := set_a(t21, a21), a22 := set_a(t22, a22), a23 := set_a(t23, a23), a24 := set_a(t24, a24), a25 := set_a(t25, a25), a26 := set_a(t26, a26), a27 := set_a(t27, a27), a28 := set_a(t28, a28), a29 := set_a(t29, a29), a30 := set_a(t30, a30)
a31 := set_a(t31, a31), a32 := set_a(t32, a32), a33 := set_a(t33, a33), a34 := set_a(t34, a34), a35 := set_a(t35, a35), a36 := set_a(t36, a36), a37 := set_a(t37, a37), a38 := set_a(t38, a38), a39 := set_a(t39, a39), a40 := set_a(t40, a40)

sr1 := countpp == 1 ? ph[x] ? high[x+rb] : low[x+rb] : sr1
sr2 := countpp == 2 ? ph[x] ? high[x+rb] : low[x+rb] : sr2
sr3 := countpp == 3 ? ph[x] ? high[x+rb] : low[x+rb] : sr3
sr4 := countpp == 4 ? ph[x] ? high[x+rb] : low[x+rb] : sr4
sr5 := countpp == 5 ? ph[x] ? high[x+rb] : low[x+rb] : sr5
sr6 := countpp == 6 ? ph[x] ? high[x+rb] : low[x+rb] : sr6
sr7 := countpp == 7 ? ph[x] ? high[x+rb] : low[x+rb] : sr7
sr8 := countpp == 8 ? ph[x] ? high[x+rb] : low[x+rb] : sr8
sr9 := countpp == 9 ? ph[x] ? high[x+rb] : low[x+rb] : sr9
sr10 := countpp == 10 ? ph[x] ? high[x+rb] : low[x+rb] : sr10
sr11 := countpp == 11 ? ph[x] ? high[x+rb] : low[x+rb] : sr11
sr12 := countpp == 12 ? ph[x] ? high[x+rb] : low[x+rb] : sr12
sr13 := countpp == 13 ? ph[x] ? high[x+rb] : low[x+rb] : sr13
sr14 := countpp == 14 ? ph[x] ? high[x+rb] : low[x+rb] : sr14
sr15 := countpp == 15 ? ph[x] ? high[x+rb] : low[x+rb] : sr15
sr16 := countpp == 16 ? ph[x] ? high[x+rb] : low[x+rb] : sr16
sr17 := countpp == 17 ? ph[x] ? high[x+rb] : low[x+rb] : sr17
sr18 := countpp == 18 ? ph[x] ? high[x+rb] : low[x+rb] : sr18
sr19 := countpp == 19 ? ph[x] ? high[x+rb] : low[x+rb] : sr19
sr20 := countpp == 20 ? ph[x] ? high[x+rb] : low[x+rb] : sr20
setline( level) =>
LineStyle = linestyle == 'Solid' ? line.style_solid :
linestyle == 'Dotted' ? line.style_dotted :
line.style_dashed
LineColor = linecolor == 'Blue' ? color.blue :
linecolor == 'Red' ? color.red :
linecolor == 'Lime' ? color.lime :
linecolor == 'White' ? color.white :
color.black
_ret = line.new(bar_index - prd , level, bar_index , level, color = LineColor, width = 2, style = LineStyle, extend = extend.right)
if ph or pl
line highest_ = na, highest_ := highest_[1]
line lowest_ = na, lowest_ := lowest_[1]
line.delete(highest_)
line.delete(lowest_)
if drawhl
highest_ := line.new(bar_index - prd , highestph, bar_index , highestph, color = color.blue, style = line.style_dashed, width = 1, extend = extend.right)
lowest_ := line.new(bar_index - prd , lowestpl, bar_index , lowestpl, color = color.blue, style = line.style_dashed, width = 1, extend = extend.right)

line l1 = na, line l2 = na, line l3 = na, line l4 = na, line l5 = na, line l6 = na, line l7 = na, line l8 = na, line l9 = na, line l10 = na
line l11 = na, line l12 = na, line l13 = na, line l14 = na, line l15 = na, line l16 = na, line l17 = na, line l18 = na, line l19 = na, line l20 = na

l1 := l1[1], l2 := l2[1], l3 := l3[1], l4 := l4[1], l5 := l5[1], l6 := l6[1], l7 := l7[1], l8 := l8[1], l9 := l9[1], l10 := l10[1]
l11 := l11[1], l12 := l12[1], l13 := l13[1], l14 := l14[1], l15 := l15[1], l16 := l16[1], l17 := l17[1], l18 := l18[1], l19 := l19[1], l20 := l20[1]
line.delete(l1), line.delete(l2), line.delete(l3), line.delete(l4), line.delete(l5), line.delete(l6), line.delete(l7), line.delete(l8), line.delete(l9), line.delete(l10)
line.delete(l11), line.delete(l12), line.delete(l13), line.delete(l14), line.delete(l15), line.delete(l16), line.delete(l17), line.delete(l18), line.delete(l19), line.delete(l20)

l1 := sr1 ? setline(sr1) : na
l2 := sr2 ? setline(sr2) : na
l3 := sr3 ? setline(sr3) : na
l4 := sr4 ? setline(sr4) : na
l5 := sr5 ? setline(sr5) : na
l6 := sr6 ? setline(sr6) : na
l7 := sr7 ? setline(sr7) : na
l8 := sr8 ? setline(sr8) : na
l9 := sr9 ? setline(sr9) : na
l10 := sr10 ? setline(sr10) : na
l11 := sr11 ? setline(sr11) : na
l12 := sr12 ? setline(sr12) : na
l13 := sr13 ? setline(sr13) : na
l14 := sr14 ? setline(sr14) : na
l15 := sr15 ? setline(sr15) : na
l16 := sr16 ? setline(sr16) : na
l17 := sr17 ? setline(sr17) : na
l18 := sr18 ? setline(sr18) : na
l19 := sr19 ? setline(sr19) : na
l20 := sr20 ? setline(sr20) : na
// Label for S/R
chper = time - time[1]
chper := change(chper) > 0 ? chper[1] : chper
float lbl1 = na, float lbl2 = na, float lbl3 = na, float lbl4 = na, float lbl5 = na, float lbl6 = na, float lbl7 = na, float lbl8 = na, float lbl9 = na, float lbl10 = na
float lbl11 = na, float lbl12 = na, float lbl13 = na, float lbl14 = na, float lbl15 = na, float lbl16 = na, float lbl17 = na, float lbl18 = na, float lbl19 = na, float lbl20 = na
// set new labels if changed
lbl1 := (ph or pl) ? sr1 : lbl1[1]
lbl2 := (ph or pl) ? sr2 : lbl2[1]
lbl3 := (ph or pl) ? sr3 : lbl3[1]
lbl4 := (ph or pl) ? sr4 : lbl4[1]
lbl5 := (ph or pl) ? sr5 : lbl5[1]
lbl6 := (ph or pl) ? sr6 : lbl6[1]
lbl7 := (ph or pl) ? sr7 : lbl7[1]
lbl8 := (ph or pl) ? sr8 : lbl8[1]
lbl9 := (ph or pl) ? sr9 : lbl9[1]
lbl10 := (ph or pl) ? sr10 : lbl10[1]
lbl11 := (ph or pl) ? sr11 : lbl11[1]
lbl12 := (ph or pl) ? sr12 : lbl12[1]
lbl13 := (ph or pl) ? sr13 : lbl13[1]
lbl14 := (ph or pl) ? sr14 : lbl14[1]
lbl15 := (ph or pl) ? sr15 : lbl15[1]
lbl16 := (ph or pl) ? sr16 : lbl16[1]
lbl17 := (ph or pl) ? sr17 : lbl17[1]
lbl18 := (ph or pl) ? sr18 : lbl18[1]
lbl19 := (ph or pl) ? sr19 : lbl19[1]
lbl20 := (ph or pl) ? sr20 : lbl20[1]
// define and delete old labels
label lb1 = na, label lb2 = na, label lb3 = na, label lb4 = na, label lb5 = na, label lb6 = na, label lb7 = na, label lb8 = na, label lb9 = na, label lb10 = na
label lb11 = na, label lb12 = na, label lb13 = na, label lb14 = na, label lb15 = na, label lb16 = na, label lb17 = na, label lb18 = na, label lb19 = na, label lb20 = na
label.delete(lb1[1]), label.delete(lb2[1]), label.delete(lb3[1]), label.delete(lb4[1]), label.delete(lb5[1]), label.delete(lb6[1]), label.delete(lb7[1]), label.delete(lb8[1]), label.delete(lb9[1]), label.delete(lb10[1])
label.delete(lb11[1]), label.delete(lb12[1]), label.delete(lb13[1]), label.delete(lb14[1]), label.delete(lb15[1]), label.delete(lb16[1]), label.delete(lb17[1]), label.delete(lb18[1]), label.delete(lb19[1]), label.delete(lb20[1])
label hlabel = na
label llabel = na
label.delete(hlabel[1])
label.delete(llabel[1])
// set labels
lb1 := lbl1 ? label.new(x = time + chper * 30, y = lbl1, text = tostring(lbl1), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb2 := lbl2 ? label.new(x = time + chper * 30, y = lbl2, text = tostring(lbl2), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb3 := lbl3 ? label.new(x = time + chper * 30, y = lbl3, text = tostring(lbl3), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb4 := lbl4 ? label.new(x = time + chper * 30, y = lbl4, text = tostring(lbl4), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb5 := lbl5 ? label.new(x = time + chper * 30, y = lbl5, text = tostring(lbl5), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb6 := lbl6 ? label.new(x = time + chper * 30, y = lbl6, text = tostring(lbl6), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb7 := lbl7 ? label.new(x = time + chper * 30, y = lbl7, text = tostring(lbl7), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb8 := lbl8 ? label.new(x = time + chper * 30, y = lbl8, text = tostring(lbl8), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb9 := lbl9 ? label.new(x = time + chper * 30, y = lbl9, text = tostring(lbl9), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb10 := lbl10 ? label.new(x = time + chper * 30, y = lbl10, text = tostring(lbl10), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb11 := lbl11 ? label.new(x = time + chper * 30, y = lbl11, text = tostring(lbl11), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb12 := lbl12 ? label.new(x = time + chper * 30, y = lbl12, text = tostring(lbl12), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb13 := lbl13 ? label.new(x = time + chper * 30, y = lbl13, text = tostring(lbl13), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb14 := lbl14 ? label.new(x = time + chper * 30, y = lbl14, text = tostring(lbl14), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb15 := lbl15 ? label.new(x = time + chper * 30, y = lbl15, text = tostring(lbl15), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb16 := lbl16 ? label.new(x = time + chper * 30, y = lbl16, text = tostring(lbl16), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb17 := lbl17 ? label.new(x = time + chper * 30, y = lbl17, text = tostring(lbl17), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb18 := lbl18 ? label.new(x = time + chper * 30, y = lbl18, text = tostring(lbl18), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb19 := lbl19 ? label.new(x = time + chper * 30, y = lbl19, text = tostring(lbl19), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
lb20 := lbl20 ? label.new(x = time + chper * 30, y = lbl20, text = tostring(lbl20), color = color.lime, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
hlabel := drawhl ? label.new(x = time + chper * 60, y = highestph, text = "Highest PH " + tostring(highestph), color = color.silver, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na
llabel := drawhl ? label.new(x = time + chper * 60, y = lowestpl, text = "Lowest PL " + tostring(lowestpl), color = color.silver, textcolor=color.black, style=label.style_labeldown, xloc = xloc.bar_time, yloc=yloc.price) : na