The Mxwll MTF Support & Resistance indicator is designed to identify crucial support and resistance levels across multiple timeframes. By considering various timeframes, this indicator provides a more comprehensive view of the market's underlying structure. It allows traders to extend lines in various configurations and covers timeframes ranging from 5 minutes to weekly. By considering price action across multiple timeframes, the indicator provides a more comprehensive understanding of the market's supply and demand dynamics. Traders can use the Mxwll MTF Support & Resistance Indicator to refine their trade entries and exits, manage risk, and establish potential price targets.
- 5 Minute to Weekly Key Levels
- Accurate Multi-Timeframe Support and Resistance
- Customize To Extend The Lines - Left, Right and Right Across The Chart
- Interplay Between Support and Resistance Levels
- Change Colours Of S&R
Change Colours Of S&R Lines
Select Your Timeframe -> Unselect the S&R Levels That Are Less Than The Timeframe - Trade
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.