OPEN-SOURCE SCRIPT

S&R Zones MTF (TechnoBlooms)

1 513
S&R Zones MTF – Multi-Timeframe Support & Resistance Boxes

🔍 Overview
S&R Zones MTF is a professional-grade yet beginner-friendly indicator that dynamically plots Support & Resistance zones across multiple timeframes, helping traders recognize high-probability reversal areas, entry confirmations, and price reaction points.

This tool visualizes structured zones as colored boxes, allowing both new and experienced traders to analyze multi-timeframe confluence with ease and clarity.

🧠 What Is This Indicator?
S&R Zones MTF automatically detects the most significant support and resistance levels from up to four custom timeframes, using a configurable lookback period. These zones are displayed as colored horizontal boxes directly on the chart, making it easy to:

Spot where price has historically reacted

Identify potential reversal or breakout zones

Confirm entries with institutional-style precision

🛠️ Key Features
✅ Multi-Timeframe Zone Detection (up to 4 timeframes)

📦 Auto Plotted Boxes for Support (Blue) & Resistance (Pink)
快照

快照

🧱 Dynamic Height based on average price range or fixed input

🏷️ Timeframe Labels to instantly identify zone origin

快照

🎛️ Customizable inputs: Lookback length, box color, height style

🔁 Real-time updates as price structure changes

🎓 Educational & Easy to Use
Whether you’re a new trader learning about price structure, or a professional applying institutional concepts, this tool offers an educational layout to understand:

How price respects historic zones

Why multi-timeframe zones offer stronger confluence

How to use zones for entry, exit, or risk placement

📈 How to Use (Multi-Timeframe Strategy)
Select Your Timeframes – Customize up to 4 higher timeframes (e.g., 1m, 5m, 15m, 1h).

Observe Overlapping Zones – When multiple timeframes agree, those zones are more significant.

Entry Confirmation – Wait for price to reach a zone, then look for reversal patterns (engulfing candle, pin bar, etc.)

Combine with Other Tools – Use alongside indicators like RSI, MACD, or Order Blocks for added confidence.

💡 Pro Tips
Zones from higher timeframes (1H, 4H) are often more powerful and reliable.

Confluence matters: If a 15m support zone aligns with a 1H support zone — that's a high-probability reaction area.

Use break-and-retest strategies with zone rejections for sniper entries.

Enable "Auto Height" for a more adaptive, volatility-based zone display.

🌟 Summary
S&R Zones MTF blends precision, clarity, and professional analysis into a visual structure that’s easy to understand. Whether you're learning support & resistance or optimizing your MTF edge — this tool will bring clarity to your charts and confidence to your trades.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。