OPEN-SOURCE SCRIPT
Simple Support & Resistance (Multi-Timeframe filter)
Identify key market levels with clarity and precision. This Pine Script v6 indicator dynamically calculates and draws essential support and resistance levels directly on your chart—either from your current view or a higher timeframe (MTF).
Key Features:
Multi-Timeframe Flexibility: Track higher timeframe key levels without constantly switching charts.
Independent Lookback: Tailor the lookback period for support and resistance separately to fit your strategy.
Wick or Body Calculation: Choose whether levels are based on candle wicks (high/low) or candle bodies (open/close).
Clean Visuals: Dynamic lines and clear labels keep your chart readable and actionable.
Filter out the noise, focus on high-probability zones, and trade with confidence.
Key Features:
Multi-Timeframe Flexibility: Track higher timeframe key levels without constantly switching charts.
Independent Lookback: Tailor the lookback period for support and resistance separately to fit your strategy.
Wick or Body Calculation: Choose whether levels are based on candle wicks (high/low) or candle bodies (open/close).
Clean Visuals: Dynamic lines and clear labels keep your chart readable and actionable.
Filter out the noise, focus on high-probability zones, and trade with confidence.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.