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Support Resistance Multi Time Frame

3.75

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 FULL version of the indicator: Support Resistance Multi Time Frame FREE


Parameters

  • referenceTF: the timeframe from which the support/resistance is calculated
  • candlesLeftRight: define the amount of candles that need to be bigger/lower to define a valid fractal. Default value is 3. You can also use higher values.
  • 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.


Comentarios 5
mrrobert024
235
mrrobert024 2018.10.24 06:51 
 

my go to developer for all indicators!!

fakherbf
231
fakherbf 2018.10.09 23:04 
 

the advantage with this indicator is that you have not to look for support / resistance for each timeframe. you have all in one chart. In addition the drawn levels are reliable; they don’t change over time as is the case with other indicators. To buy absolutely because the support / resistance are the piers of the technical analysis.

doclee123
44
doclee123 2021.03.15 15:56 
 

I wish the developer had the levels labeled. I have to rely on different colors and line thickness to know which timeframe the level represents. Other than that, a valuable resource.

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Filtro:
doclee123
44
doclee123 2021.03.15 15:56 
 

I wish the developer had the levels labeled. I have to rely on different colors and line thickness to know which timeframe the level represents. Other than that, a valuable resource.

mrrobert024
235
mrrobert024 2018.10.24 06:51 
 

my go to developer for all indicators!!

fakherbf
231
fakherbf 2018.10.09 23:04 
 

the advantage with this indicator is that you have not to look for support / resistance for each timeframe. you have all in one chart. In addition the drawn levels are reliable; they don’t change over time as is the case with other indicators. To buy absolutely because the support / resistance are the piers of the technical analysis.

reachusman
64
reachusman 2018.06.15 14:25 
 

El usuario no ha dejado ningún comentario para su valoración

ardy069
46
ardy069 2018.05.22 10:52 
 

Useless indicators, the signal will drift. There is no reference value. It's not as good as your own animation resistance. It's all money. Thirty dollars.

Respuesta al comentario
Versión 1.2 2020.01.05
Parameter "candlesLeftRight" added. With this parameter you can now configure how the fractals are detected.