OPEN-SOURCE SCRIPT

zigzag support&resistance multi timeframe levels [LM]

Updated
Hello Traders,

I would like to introduce you zigzag support&resistance multi timeframe levels. It is based on the ZigZag semafor script made by DevLucem so shout out to him

The Semafor is used to spot future multi-level Supports and Resistance zones.
It is also useful to spot HL or LL or HH or LH zones at different Depth settings.

I's the same zigzag indicator as my other zigzag indicator with distinction that supports multi timeframe levels as well, with depth setting for every timeframe.

I hope you will enjoy it as I enjoyed to write it.

Lukas
Release Notes
version 5 update
Release Notes
Fixing errors in fourth timeframe
Support and ResistanceZig Zag Indicator

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.

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