OPEN-SOURCE SCRIPT

Kıvanç HL MTF

MULTIPLE TIME FRAME version of KIVANÇ HL Indicator:

Kıvanç HL indicator is a useful tool to define RESISTANCE and SUPPORT levels by analyzing previous HIGH and LOW levels od fibonacci lengths.

There are 3 lines HIGH, LOW and their exact average MID line.
Each line could be a significant support and resistance level due to the price action.
Breakouts are very important when supported by volume and new highs are expected when upward breakouts take place.

Version 2 has 4 more levels of lines calculated with Fibonacci constants between the HIGH and LOW lines.
Version 2 can be activated by cheching the box in the settings of the indicator.

Special thanks from me to MaviliM for developing such a great indicator and giving my name


creator: @mavilim0732 on twitter

Here's the link to the complete list of all my indicators:
tr.tradingview.com/u/KIVANCfr3762/

İndikatörü geliştiren: @mavilim0732 on twitter
Breadth IndicatorsFR3762kivancmavilimVolatility

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


Telegram t.me/AlgoRhytm

YouTube (Turkish): youtube.com/c/kivancozbilgic

YouTube (English): youtube.com/c/AlgoWorld
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