Support and Resistance MultiTime

4.6

Overview

This indicator monitors three types of support and resistance levels derived from previous periods: Daily (yesterday’s high and low), Weekly (last week), and Monthly (last month). It visually maps key price levels where reactions are more likely, making it valuable for identifying potential reversals as well as significant breakouts.

Features

  • Automatically draws:

    • High/Low of yesterday (Daily)

    • High/Low of the previous week (Weekly)

    • High/Low of the previous month (Monthly)

  • Each level has its own color, style, and label.

  • Daily, Weekly, Monthly layers and their labels can be enabled or disabled independently.

Reversal Entries

For entries based on price bouncing or reversing at these levels, it’s advisable to seek additional confirmation such as:

  • Candlestick reversal patterns on the tested level (e.g., pin bar, engulfing, doji).

  • Divergences on oscillators (RSI, MACD) relative to price.

  • Price rejection with a clear close away from the level (false breakouts being rejected).

  • Confluence from higher timeframes or alignment with a larger trend.

Breakout Confirmations

When trading breakouts (decisive price breaches of a level), the strongest confirmations include:

  • Clean close beyond the level (not just a wick or test).

  • Increased volume or expansion in volatility at the moment of the break.

  • Retest of the broken level, which holds as new support/resistance.

  • Absence of negative divergences on oscillators signaling exhaustion.

  • Alignment with the direction of a higher timeframe trend (trend-following bias).

Recommended Integration

To improve signal quality, pair this indicator with a candlestick pattern analyzer. For example, combine it with the Candlestick Pattern Analyzer to overlay price-level context with relevant price action patterns. See: https://www.mql5.com/en/market/product/145419

Final Recommendations

Use this tool as part of a multi-confirmation strategy to filter out false signals. Do not rely on a single element for entries: combine the presence of the level, actual price behavior, candlestick patterns, and—when trading breakouts—the retest and volume dynamics. The ability to toggle individual layers makes it flexible for both intraday and medium-to-long-term styles.

Keywords:
Multi-Timeframe Support and Resistance, Daily Support Level, Daily Resistance Level, Weekly Support Level, Weekly Resistance Level, Monthly Support Level, Monthly Resistance Level, Previous Period High Low, Price Level Indicator, SR Levels Indicator, Key Price Levels, Pivot Level Scanner, Breakout Indicator, Breakout Confirmation, Retest Confirmation, False Breakout Filter, Volume Breakout Signal, Price Rejection Signal, Trend Reversal Indicator, Support Resistance MT4, Support Resistance MT5, MQL5 Support Resistance, TradingView Support Resistance, Pine Script SR, Static Support Resistance, Dynamic Support Resistance, Multi-Timeframe Analysis, Swing Trading Support Resistance, Day Trading Support Resistance, Intraday SR Levels, Trend-Following SR, Reversal Entry Signal, Breakout Entry Signal, High/Low Indicator, Yesterday High Low, Last Week High Low, Last Month High Low, Chart Overlay Levels, SR Zone Scanner, SR Level Labels, Price Reaction Zones, Confluence Areas, Volume Spike Breakout, Oscillator Divergence SR, Candlestick Confirmation SR, False Breakout Rejection, Smart SR Signals, Real-Time SR Alerts, Push Notifications SR, Live SR Levels, Automated SR Drawing, Customizable SR Colors, SR Layer Toggle, Multi-Period Support Resistance, Forex Support Resistance, Stock Support Resistance, Crypto Support Resistance, Equity SR Indicator, Commodity SR Levels, Range Trading SR, Trend Continuation SR, Strategic Entry Zones, Optimal Exit Zones, Risk Management SR, Trading Strategy Tool, Market Structure Levels, Professional SR Tool, Manual SR Marking, Chart Pattern Overlay SR, Price Action SR, SR Signal Optimization, support, resistance, support and resistance, resistance and support, high, low, supply and demand, supply, demand


Reviews 6
EB83Br72
1155
EB83Br72 2026.02.28 12:58 
 

bom indicador, obrigado.

Rey Sonajo
519
Rey Sonajo 2025.09.10 13:27 
 

Perfect, Thank you. we will ask for MT4 also please.

Ebuka Francis Obiakor
719
Ebuka Francis Obiakor 2026.03.13 01:32 
 

Easy and simple product. The main pivot points Prev Daily, Prev Weekly, and Prev Monthly, are easily identifiable. Good one.

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CRT Candle Range Theory HTF MT5.   Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator Unlock the true power of  Smart Money Concepts (SMC)  and trade precisely like the institutions with the  Ultimate CRT Indicator . Built exclusively for serious traders, this indicator automates the highly effective  Candle Range Theory (CRT) , a core pillar of  ICT Concepts (Inner Circle Trader
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Crystal Heikin Ashi Signals - Professional Trend & Signal Detection Indicator Advanced Heikin Ashi Visualization with Intelligent Signal System for Manual & Automated Trading Final Price: $149 ---------> Price goes up $10 after every 10 sales . Limited slots available — act fast . Overview Crystal Heikin Ashi Signals is a professional-grade MetaTrader 5 indicator that combines pure Heikin Ashi candle visualization with an advanced momentum-shift detection system. Designed for both manual traders
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TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
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Download ready-to-use set files for Bollinger RSI ReEntry EA: https://c.mql5.com/31/1515/bollinger-rsi-Ea-Sets.zip Introduction Bollinger RSI ReEntry EA is an Expert Advisor for MetaTrader that combines Bollinger Bands and RSI to detect high-probability entry points. The strategy is designed to identify market re-entries after volatility spikes, with confirmation filters to increase signal reliability. Key Features Bollinger Bands Strategy : detects breakouts and re-entries at the bands for acc
False Breakout EA MT5
Mattia Impicciatore
Download ready-to-use set files for False Breakout EA: https://c.mql5.com/31/1514/False-Breakout-EA.zip False Breakout EA is an Expert Advisor designed to detect and exploit false breakouts on key support and resistance levels. The system uses daily candle analysis to identify re-entries after false breakouts, with an optional RSI confirmation filter to increase signal reliability. Trading logic Automatic detection of false breakouts on support and resistance. Optional RSI confirmation to filt
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ian v
33
ian v 2026.08.18 04:37 
 

A very useful tool when used with the right strategy. Thank you. I like it. My only issue is that to remove it from my chart I have to go into the objects list and remove each daily, weekly and monthly high and low line. It is not in the indicators list.

abi test
18
abi test 2026.07.17 01:04 
 

User didn't leave any comment to the rating

Ebuka Francis Obiakor
719
Ebuka Francis Obiakor 2026.03.13 01:32 
 

Easy and simple product. The main pivot points Prev Daily, Prev Weekly, and Prev Monthly, are easily identifiable. Good one.

EB83Br72
1155
EB83Br72 2026.02.28 12:58 
 

bom indicador, obrigado.

Ivan Privalov
795
Ivan Privalov 2025.11.26 19:49 
 

On a 4core VPS with 8Gb with one only chart running in one only MetaTrader Instance. I am constantly getting the following error in the Expert's Logs: 2025.11.26 21:46:55.611 Support and Resistance MultiTime (SOLUSD,M1) indicator is too slow, 18250 ms. rewrite the indicator, please.

Rey Sonajo
519
Rey Sonajo 2025.09.10 13:27 
 

Perfect, Thank you. we will ask for MT4 also please.

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