Volatility Support & Resistance Script

Copy and Paste the below scripts in tradingview pine editor and click on add to the chart.

//@version=4

study(“Volatility Support by Koli”, overlay=true)

closebarcrnt = close

crntgreenbar = close > open

prevgreenbar= close[1] > open[1]

prevred2= close[2] < open[2]

prevred3 = close[3] < open[3]

volatilitysupport = crntgreenbar and prevgreenbar and prevred2 and prevred3

plotshape(volatilitysupport, style=shape.triangleup, location=location.belowbar, color=color.green, size=size.tiny)

Resistance:

//@version=4

study(“Volatility resistance by Koli”, overlay=true)

closebarcrnt = close

crntgreenbar = close < open

prevgreenbar= close[1] < open[1]

prevred2= close[2] > open[2]

prevred3 = close[3] > open[3]

volatilitysupport = crntgreenbar and prevgreenbar and prevred2 and prevred3

plotshape(volatilitysupport, style=shape.triangledown, location=location.abovebar, color=color.red, size=size.tiny)

If u see the below error:

Add to Chart operation failed, reason: line 2: no viable alternative at character ‘“’

Remove “ and again type “

If u see the below error:

Add to Chart operation failed, reason: line 11: no viable alternative at character ‘‘’

Remove ‘ and again type ‘