OPEN-SOURCE SCRIPT

Multi-Timeframe S&R Zones (Shaded)

971
This indicator automatically plots support and resistance zones based on recent price action across multiple timeframes:
🟥 Daily
🟧 4-Hour
🟨 1-Hour
🟩 30-Minute
🟦 5-Minute

Each zone is color-coded by timeframe and represented as a shaded region instead of a hard line, giving you a clearer and more dynamic view of key market levels. The zones are calculated from recent swing highs (resistance) and swing lows (support), and each zone spans ±5 pips for precision.

Only the most recent levels are displayed—up to 3 per timeframe—and are limited to the last 48 hours to avoid chart clutter and keep your workspace clean.

✅ Key Benefits:
Price Action Based: Zones are drawn from actual market structure (swings), not arbitrary levels.

Multi-Timeframe Clarity: View confluence across major intraday and higher timeframes at a glance.

Color-Coded Zones: Instantly distinguish between timeframes using intuitive colour coordination.

Clean Charts: Only shows the latest relevant levels, automatically expires old zones beyond 48 hours.

Flexible & Lightweight: Built for Tradingview Essential; optimized for performance.

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.