Support and Resistance Multi Time frame — Indicator by kaaiii

supportandresistance pivotpoints multi multi-timeframe multitimeframeanalysis support resistance_level turningpoint

Simple indicator showing the support and resistance on Daily, Weekly and Monthly time frames no matter what time frame you're currently on by highlighting the highest and lowest points on each over the last 34 bars.

Daily support and resistance are coloured green.
support and resistance are coloured yellow.
Monthly support and resistance are coloured red.

For best results check where multiple support and resistance areas line up and combine with another indicator for example oscillators to gauge if the support or resistance will reverse the market.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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