OPEN-SOURCE SCRIPT
Pivot mtf semaphore support&resistance [LM]

Hello Traders,
I would like to introduce you pivot semaphore mtf support&resistance levels. The idea is the same as my other S/R scripts to have a look at the important levels. The Semaphore 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. The script is based on amazing work of @LucF so really big thanks for your work on mtf line offsetting.
It has three settings:
First two settings are for higher timeframes
Third setting is setting for pivots on current timeframe
!!!! Very important is there is limitation in pinescript how many candles you can look back(4999) if you choose timeframes that are very distant from each other there is a chance that those lines won't show up
Hopefully you will enjoy
Cheers, Lukas
I would like to introduce you pivot semaphore mtf support&resistance levels. The idea is the same as my other S/R scripts to have a look at the important levels. The Semaphore 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. The script is based on amazing work of @LucF so really big thanks for your work on mtf line offsetting.
It has three settings:
First two settings are for higher timeframes
Third setting is setting for pivots on current timeframe
!!!! Very important is there is limitation in pinescript how many candles you can look back(4999) if you choose timeframes that are very distant from each other there is a chance that those lines won't show up
Hopefully you will enjoy
Cheers, Lukas
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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。