DEMOMTFSupRes

The next indicator draws support and resistance in up to three different timeframes on the same chart based on x bars each timeframe.

It has the next inputs:

Explanation on above table:

• periods1, periods2, periods3: Number of periods to use in calculation for the support and resistance of timeframe1, timeframe2, timeframe3 respectively.
• timeframe1, timeframe2, timeframe3 : Timeframes of supports and resistances.
• showpriceR1, showpriceR2, showpriceR3, showpriceS1, showpriceS2, showpriceS3: "True" to show prices and "False" to hide prices.
• ColorR1, ColorR2, ColorR3, ColorS1, ColorS2, ColorS3: Colour for every price.
• pricewidthS3, pricewidthS2, pricewidthS1, pricewidthR3, pricewidthR2, pricewidthR1:Size of every price.

Every level can be customized in colour, width, style.

Note: This is a DEMO version that only works on AUDJPY charts if you want the full version buy the product MTFSupRes. As this indicator is constantly updating as new bar forms it repaints past data when changing timeframe, changing symbol or updating chart so it makes no sense to backtest how price reacted to the levels.

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