Smart Pivot Support Resistance Indicator - Classic Algorithm Enables Short Term Trading Decisions​

​🔑 Core algorithm analysis​
Based on Wall Street's classic "Daily Pivot Point" theory, the 7 key price levels are automatically calculated by using the golden section ratio (0.382/0.618/1.000) with the previous day's triple data of high, low and closing prices:

  • 🔴 Triple resistance level (R1-R3)
  • 🟢 Triple support level (S1-S3)
  • 🔵 Core Pivot Pivot (Pivot) pinpoints the long/short balance point

​🌟 Quick overview of feature highlights​

  1. ​Intelligent Dynamic Extension​
    Support and resistance line lengths are automatically adapted to the chart's visible K-line range (default 100 lines), intelligently avoiding visual distractions, and key levels are always clearly focused on the current fluctuation range.
  2. ​Multi-level visual coding​
    Innovative use of "Red-Dark Red-Brown" resistance three-step ladder and "Green-Dark Green-Lime" support three-color system, with solid/dashed line style to distinguish the primary and secondary levels, 0.5 seconds to quickly identify the key attack and defense positions.
  3. ​Real-time coordinate labeling​
    The left smart board dynamically displays the exact price level (e.g., "Resistance Line 3:1.0852″), and supports Courier New and other proportional fonts for precise alignment, eliminating price misinterpretation.
  4. ​Full-cycle adaptive​
    Perfectly compatible from M1 short term to MN1 long term, automatically recognizes special quotes at the beginning of the week (Monday intelligently traces back last Friday's data) and ensures that the calculation of key levels never breaks down.

​📈 Practical application scenarios​

  • ​breakout strategy: Monitor R3/S3 breakout with volume to confirm trend initiation
  • ​Rally Trading: Lay out long orders at S1/S2 support area combined with KDJ oversold signals
  • ​Institutional level risk control: Setting a dynamic stop loss with the Pivot axis as the long/short dividing line
  • ​pre-session prediction: Quickly mark key levels before the daily open to create a trading plan for the entire day

​💻 Technical characteristics​

  • Adopts "DPI Adaptive Panel" technology, 4K/2K/notebook screens automatically optimize the display
  • Built-in "Dynamic Memory Management" mechanism automatically cleans up history markers when switching between varieties.
  • Support global variable storage, easy docking EA to realize automated trading

​🎯 Suitable for the crowd​

  • Forex/index day traders
  • Traditionalist traders who believe in classic technical analysis
  • Programmatic trading developers who need to quickly locate key levels
  • Multi-screen monitoring for those who need it

​🚀 User empirical evidence​

“This indicator turns complex pivot calculations into a fully automated process, saving me at least 20 minutes of analysis time every morning!" -- Mike, U.S. stock trader
“The color grading system makes the importance of key levels clear at a glance, and with the volume breakout strategy the win rate increases dramatically." -- Lina, Gold Trading Community Moderator

​📥 Zero threshold to start smart trading​
No need to set up complex parameters, installation is ready to use. Let the Smart Pivot Support Resistance Indicator become your all-weather market navigator, accurately gauging the transition of long and short forces, and capturing high-probability trading opportunities at key levels!