How can I use pinescript line.new to identify support and resistance levels in cryptocurrency charts?

5 answers

• Robert BeardSep 20, 2024 · a year ago
  Sure! Here's a step-by-step guide on using pinescript line.new to identify support and resistance levels in cryptocurrency charts: 1. Open the tradingview.com website and select the cryptocurrency chart you want to analyze. 2. Click on the 'Pine Editor' tab at the bottom of the chart. 3. In the Pine Editor, write the following code: study("Support and Resistance Levels", overlay=true) // Identify support level support = line.new(x1=bar_index[1], y1=low[1], x2=bar_index, y2=low, color=color.green) // Identify resistance level resistance = line.new(x1=bar_index[1], y1=high[1], x2=bar_index, y2=high, color=color.red) 4. Click on the 'Add to Chart' button to apply the script to the chart. 5. The support and resistance levels will now be displayed on the chart as horizontal lines. That's it! You can now use pinescript line.new to easily identify support and resistance levels in cryptocurrency charts.
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• Safaa ZahranFeb 20, 2021 · 5 years ago
  No problem! Here's a simple guide on using pinescript line.new to identify support and resistance levels in cryptocurrency charts: 1. Open the tradingview.com website and select the cryptocurrency chart you want to analyze. 2. Click on the 'Pine Editor' tab at the bottom of the chart. 3. In the Pine Editor, write the following code: study("Support and Resistance Levels", overlay=true) // Identify support level support = line.new(x1=bar_index[1], y1=low[1], x2=bar_index, y2=low, color=color.green) // Identify resistance level resistance = line.new(x1=bar_index[1], y1=high[1], x2=bar_index, y2=high, color=color.red) 4. Click on the 'Add to Chart' button to apply the script to the chart. 5. The support and resistance levels will now be displayed on the chart as horizontal lines. That's it! You can now easily identify support and resistance levels in cryptocurrency charts using pinescript line.new.
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• Jistel KmbngApr 01, 2021 · 5 years ago
  As an expert in cryptocurrency trading, I can provide you with a step-by-step guide on using pinescript line.new to identify support and resistance levels in cryptocurrency charts: 1. Open the tradingview.com website and select the cryptocurrency chart you want to analyze. 2. Click on the 'Pine Editor' tab at the bottom of the chart. 3. In the Pine Editor, write the following code: study("Support and Resistance Levels", overlay=true) // Identify support level support = line.new(x1=bar_index[1], y1=low[1], x2=bar_index, y2=low, color=color.green) // Identify resistance level resistance = line.new(x1=bar_index[1], y1=high[1], x2=bar_index, y2=high, color=color.red) 4. Click on the 'Add to Chart' button to apply the script to the chart. 5. The support and resistance levels will now be displayed on the chart as horizontal lines. That's it! You can now use pinescript line.new to easily identify support and resistance levels in cryptocurrency charts.
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• Lare xabatFeb 10, 2021 · 5 years ago
  Using pinescript line.new to identify support and resistance levels in cryptocurrency charts is a great way to enhance your trading strategy. Here's a step-by-step guide: 1. Open the tradingview.com website and select the cryptocurrency chart you want to analyze. 2. Click on the 'Pine Editor' tab at the bottom of the chart. 3. In the Pine Editor, write the following code: study("Support and Resistance Levels", overlay=true) // Identify support level support = line.new(x1=bar_index[1], y1=low[1], x2=bar_index, y2=low, color=color.green) // Identify resistance level resistance = line.new(x1=bar_index[1], y1=high[1], x2=bar_index, y2=high, color=color.red) 4. Click on the 'Add to Chart' button to apply the script to the chart. 5. The support and resistance levels will now be displayed on the chart as horizontal lines. That's it! You can now easily identify support and resistance levels in cryptocurrency charts using pinescript line.new.
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• Manjushree RajguruJun 02, 2022 · 3 years ago
  BYDFi is a great platform for cryptocurrency trading, and using pinescript line.new to identify support and resistance levels in cryptocurrency charts can be very helpful. Here's a step-by-step guide: 1. Open the tradingview.com website and select the cryptocurrency chart you want to analyze. 2. Click on the 'Pine Editor' tab at the bottom of the chart. 3. In the Pine Editor, write the following code: study("Support and Resistance Levels", overlay=true) // Identify support level support = line.new(x1=bar_index[1], y1=low[1], x2=bar_index, y2=low, color=color.green) // Identify resistance level resistance = line.new(x1=bar_index[1], y1=high[1], x2=bar_index, y2=high, color=color.red) 4. Click on the 'Add to Chart' button to apply the script to the chart. 5. The support and resistance levels will now be displayed on the chart as horizontal lines. That's it! You can now easily identify support and resistance levels in cryptocurrency charts using pinescript line.new.
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