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Support Resistance Multi Time Frame MT5 FREE
This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1.
This is the FREE version of the indicator: Support Resistance Multi Time Frame MT5
The free version works only on EURUSD and GBPUSD!
- referenceTF: the timeframe from which the support/resistance is calculated
- colorResistance: the color of the resistance line
- colorSupport: the color of the support line
- widthOfLines: the width of the line (between 1 and 5). With the width of the line you can distinguish the support/resistance of the different timeframes.