MultiTimeframe SR
- Indicators
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Sandip R Pawar
Professional software developer since 2007 turned full-time algorithmic trader. Specializing in custom automated infrastructure, data-driven market strategies, and precision execution across derivatives, XAUUSD, and crypto. - Version: 1.0
- Activations: 10
MTSR — MultiTimeframe Support Resistance for MetaTrader 5
MultiTimeframe Support Resistance (MTSR) is an institutional-grade price action and volume analysis indicator designed for MetaTrader 5. Instead of cluttering your workspace with five separate charts, MTSR projects confirmed Support and Resistance pivot levels from up to five independent timeframes directly onto your execution chart, combined with Multi-Timeframe Delta Volume Zones and Volume Growth Breakout Candles.
Built for scalpers, intraday traders, and swing traders alike, MTSR eliminates chart lag and object flickering through an incremental tick engine and automatic multi-timeframe history synchronization.
Key Features
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5-Timeframe Dynamic S/R Tracking:Simultaneously monitors and plots confirmed Support (Emerald Green) and Resistance (Crimson Red) levels across 5 user-defined timeframes (Default: 1M, 3M, 5M, 15M, and 1H) on a single chart.
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Non-Repainting Confirmed Pivots: Uses customizable left-side (lookback) and right-side (lookahead) bar confirmation so S/R lines lock in only after a true structural swing is established.
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Wick vs. Candle Body Mode: Switch effortlessly between extreme High/Low wick pivots and Open/Close candle body zones depending on your market’s volatility profile.
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3-Timeframe Delta Volume Supply & Demand Boxes: Identifies high-volume institutional footprints across 3 configurable timeframes using ATR-scaled zone widths and dynamic volume-intensity color gradients.
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Volume Breakout Candle Highlighter: Automatically highlights exhaustion and breakout candles in Yellow (Higher High + Volume Surge) and White (Lower Low + Volume Surge), projecting dotted Open/Close equilibrium extensions into future bars.
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Flicker-Free & CPU-Optimized Architecture: Engineered with incremental buffer calculation and smart object caching so chart lines remain rock-solid on every tick without redrawing or lagging your terminal.
How MTSR Works: The 3-Pillar Architecture
1. Multi-Timeframe Structural Support & Resistance MTSR scans up to 5 timeframes in real time. When a structural pivot satisfies both the LookBack and LookAhead criteria on any selected timeframe, the indicator plots a clean horizontal ray with a right-aligned timeframe tag (1m, 3m, 5m, 15m, 1h). When multiple timeframes align at the same price zone, you immediately spot high-probability institutional confluence.
2. Volume Growth Candle Highlights & Dotted Extensions Standard price action often fails without volume confirmation. MTSR compares each bar's tick volume against the prior bar multiplied by the Volume Growth Multiplier while checking if price has made a new N-bar High or Low:
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Yellow Highlight Candle: Signals a high-volume bullish expansion at a multi-bar high, followed by dotted white Open/Close projection lines that act as micro-pullback levels.
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White Highlight Candle: Signals a high-volume downside expansion or liquidity sweep at a multi-bar low.
3. Multi-Timeframe Delta Volume Boxes When enabled, MTSR evaluates buying vs. selling volume delta across three separate timeframes and combines it with a 200-period ATR filter to draw dynamic Support and Resistance zones. The opacity of each box scales automatically with volume intensity relative to the 25-bar volume extreme, visually separating minor pauses from major institutional walls.
Practical Trading Strategies with MTSR
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Multi-Timeframe Confluence Reversals: Wait for price to approach a cluster where two or more timeframe lines overlap (for example, 15m and 1h Support sitting within a few points of each other). Enter when a Yellow or White volume highlight candle prints at the level, confirming institutional absorption.
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Dotted Extension Pullback Entries: After a high-volume Yellow candle breaks above a Resistance line, price frequently retests the dotted Open/Close extension lines within the next 3 bars. Use those dotted levels as precision limit-order entry zones with a tight stop below the breakout candle.
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Box Breakout Momentum: Enable InpShowBoxes and InpShowBreakAlert during London and New York session opens. When price closes decisively outside an M5 or M10 volume box accompanied by a Breakout Alert, trade in the direction of the break toward the next higher-timeframe S/R line.
