OPEN-SOURCE SCRIPT
Session Based Support & Resistance (Custom HTF Anchor)

HTF SESSION SUPPORT & RESISTANCE
HTF Session Support & Resistance is designed to estimate potential support and resistance levels using a custom Higher Timeframe (HTF) calculation.
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🟡 Main Levels
The indicator plots three main types of levels:
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🟡 How to Use
This indicator is intended to help identify potential areas where price may react:
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⚙️you can custom your own HTF session anchor time, making it easier to align the levels with your preferred market session.
⚠️ Like any technical indicator, these levels should be used together with price action and your own trading strategy, not as standalone buy or sell signals.
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I hope this indicator helps simplify your chart analysis and becomes a useful part of your trading workflow.
Best regards,
Algedo
HTF Session Support & Resistance is designed to estimate potential support and resistance levels using a custom Higher Timeframe (HTF) calculation.
━━━━━━━━━━━━━━━━━━━━
🟡 Main Levels
The indicator plots three main types of levels:
- Support & Resistance – Calculated from the previous HTF candle.
- Pivot – The central reference level (yellow line).
- Expansion Levels – Additional outer levels based on a customizable multiplier (default: 0.9).
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🟡 How to Use
This indicator is intended to help identify potential areas where price may react:
- Potential support and resistance zones.
- Pullbacks or reversals around the Pivot level.
- Profit targets and risk management.
- Stronger reactions near the Expansion Levels.
━━━━━━━━━━━━━━━━━━━━
⚙️you can custom your own HTF session anchor time, making it easier to align the levels with your preferred market session.
⚠️ Like any technical indicator, these levels should be used together with price action and your own trading strategy, not as standalone buy or sell signals.
━━━━━━━━━━━━━━━━━━━━
I hope this indicator helps simplify your chart analysis and becomes a useful part of your trading workflow.
Best regards,
Algedo
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。