Multi HTF High/Low Levels

25 ago

This indicator plots the previous high and low from up to four user-defined higher timeframes (HTF), providing crucial levels of support and resistance. It's designed to be both powerful and clean, giving you a clear view of the market structure from multiple perspectives without cluttering your chart.

Key Features:

• Four Customizable Timeframes: Configure up to four distinct higher timeframes (e.g., 1-hour, 4-hour, Daily, Weekly) to see the levels that matter most to your trading style.
  
• Automatic Visibility: The indicator is smart. It automatically hides levels from any timeframe that is lower than your current chart's timeframe. For example, if you're viewing a Daily chart, the 4-hour levels won't be shown.
  
• Clean On-Chart Lines: The high and low for each timeframe are displayed as clean, extended horizontal lines, but only for the duration of the current higher-timeframe period. This keeps your historical chart clean while still showing the most relevant current levels.
  
• Persistent Price Scale Labels: For easy reference, the price of each high and low is always visible on the price scale and in the data window. This is achieved with an invisible plot, giving you the accessibility of a plot without the visual noise.
  

How to Use:

1. Go into the indicator settings.
   
2. Under each "Timeframe" group, check the "Show" box to enable that specific timeframe.
   
3. Select your desired timeframe from the dropdown menu.
   
4. The indicator will automatically calculate and display the previous high and low for each enabled timeframe.
   

25 ago

Notas de prensa

Update for a better chart