Support Resistance Multi Time Frame
- Indicateurs
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FXsolutions
Hello,
I'm Mike Semlitsch the owner of PerfectTrendSystem.com.
Please read the 16 OUTSTANDING GOOD REVIEWS from happy customers at the bottom of the following blog post. Those reviews are telling you everything about the profitability of my trading tools and methods: - Version: 1.2
- Mise à jour: 5 janvier 2020
- Activations: 10
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.


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.