Mxwll MTF S/R :
The Mxwll MTF Support & Resistance indicator is designed to identify crucial Support and Resistance Levels across Multiple Timeframes.
By considering Various Timeframes, this indicator provides a more comprehensive view of the Market's underlying structure.
It allows Traders to extend lines in Various configurations and covers Timeframes ranging from 5 Minutes to Weekly.
By considering Price Action [PA] across Multiple Timeframes, the indicator provides a more comprehensive understanding of the Market's Supply and Demand dynamics.
Source Code :
Code: Select all
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © MxwllCapital
//
//@version=5
indicator("Mxwll MTF S/R", overlay = true, max_lines_count = 500)
extend = input.string(defval = "Both", options = ["Left", "Right", "Both", "None"], title = "Extend Lines")
style = input.string(defval = "Dotted", title = "Line Style", options = ["Dotted", "Solid", "Dashed"])
min5Show = input.bool (title = "5 Min Levels ", defval = true,group = "S/R Levels", inline = "40")
min5col = input.color (title = "", defval = color.blue , group = "S/R Levels", inline = "40")
min15Show = input.bool (title = "15 Min Levels", defval = true ,group = "S/R Levels", inline = "40")
min15col = input.color (title = "", defval = color.yellow , group = "S/R Levels", inline = "40")
min30Show = input.bool (title = "30 Min Levels", defval = true ,group = "S/R Levels", inline = "42")
min30col = input.color (title = "", defval = color.orange , group = "S/R Levels", inline = "42")
min60Show = input.bool (title = "1 Hour Levels", defval = true, group = "S/R Levels", inline = "42")
min60col = input.color (title = "", defval = color.lime, group = "S/R Levels", inline = "42")
min240Show = input.bool (title = "4 Hour Levels", defval = true, group = "S/R Levels", inline = "44")
min240col = input.color (title = "", defval = color.white, group = "S/R Levels", inline = "44")
min1440Show = input.bool (title = "Daily Levels  ", defval = true, group = "S/R Levels", inline = "44")
min1440col = input.color (title = "", defval = color.purple, group = "S/R Levels", inline = "44")
minWShow = input.bool (title = "Weekly Levels", defval = true, group = "S/R Levels", inline = "46")
minWcol = input.color (title = "", defval = color.aqua, group = "S/R Levels", inline = "46")
finStyle = switch style
"Dotted" => line.style_dotted
"Dashed" => line.style_dashed
=> line.style_solid
type priceValues
float higH
float loW
int hiIndex
int loIndex
var pv = matrix.new<priceValues>(7, 4)
if barstate.isfirst
for x = 0 to 6
for i = 0 to 3
value = switch
i == 0 => priceValues.new(higH = 0 )
i == 1 => priceValues.new(loW = 1e8)
i == 2 => priceValues.new(hiIndex = 0 )
i == 3 => priceValues.new(loIndex = 0 )
pv.set(x, i, value), pv.set(x, i, value)
pv.set(x, i, value), pv.set(x, i, value)
method determine (float id, int A, int B, float C) =>
switch id == C
true => A
=> B
method append (matrix <priceValues> id, int length, int row) =>
if barstate.islastconfirmedhistory
for i = 0 to length
id.set(row, 0, priceValues.new(higH = math.max(math.avg(close[i], high[i]), nz(id.get(row, 0).higH, 0)))),
id.set(row, 2, priceValues.new(hiIndex = math.avg(close[i], high[i]).determine(math.round(time[i]),
nz(id.get(row, 2).hiIndex, 0), id.get(row, 0).higH)))
id.set(row, 1, priceValues.new(loW = math.min(math.avg(close[i], low[i] ), nz(id.get(row, 1).loW, 1e8)))),
id.set(row, 3, priceValues.new(loIndex = math.avg(close[i], low[i]).determine(math.round(time[i]),
nz(id.get(row, 3).loIndex, 0), id.get(row, 1).loW)))
req(int length, int row) =>
pv .append(length, row)
loW = pv.get (row, 1).loW
higH = pv.get (row, 0).higH
hiIndex = pv.get (row, 2).hiIndex
loIndex = pv.get (row, 3).loIndex
[loW, higH, hiIndex, loIndex]
[min5S, min5R, min5Rtime, min5Stime] = request.security(syminfo.tickerid, "5", req(60, 0), lookahead = barmerge.lookahead_on)
[min15S, min15R, min15Rtime, min15Stime] = request.security(syminfo.tickerid, "15", req(60, 1), lookahead = barmerge.lookahead_on)
[min30S, min30R, min30Rtime, min30Stime] = request.security(syminfo.tickerid, "30", req(60, 2), lookahead = barmerge.lookahead_on)
[min60S, min60R, min60Rtime, min60Stime] = request.security(syminfo.tickerid, "60", req(60, 3), lookahead = barmerge.lookahead_on)
[min240S, min240R, min240Rtime, min240Stime] = request.security(syminfo.tickerid, "240", req(30, 4), lookahead = barmerge.lookahead_on)
[min1440S, min1440R, min1440Rtime, min1440Stime] = request.security(syminfo.tickerid, "1440", req(30, 5), lookahead = barmerge.lookahead_on)
[minWS, minWR, minWRtime, minWStime] = request.security(syminfo.tickerid, "W", req(15, 6), lookahead = barmerge.lookahead_on)
ex = switch extend
"None" => extend.none
"Left" => extend.left
"Right" => extend.right
"Both" => extend.both
type objects
line support
line resistance
var obj = matrix.new<objects>(7, 2)
method condS (float id) => not na(id) and id != 1e8
method condR (float id) => not na(id) and id != 0
method lineSetSupport(matrix <objects> id, int row, int column, line ) =>
if not na(id.get(row, column))
id.get(row, column).support.delete()
id.set(row, column,
objects.new(
support = line
))
method lineSetResistance(matrix <objects> id, int row, int column, line ) =>
if not na(obj.get(row, column))
obj.get(row, column).resistance.delete()
id.set(row, column,
objects.new(
resistance = line
))
if barstate.islast
if min5Show
if min5S.condS()
obj.lineSetSupport( 0, 0, line.new(
min5Stime, min5S, last_bar_time + (time - time[5]), min5S,
extend = ex,
xloc = xloc.bar_time,
width = 1, style = finStyle,
color = min5col
))
if min5R.condR()
obj.lineSetResistance(0, 1,
line.new(min5Rtime, min5R, last_bar_time + (time - time[5]), min5R,
extend = ex,
xloc = xloc.bar_time,
width = 1, style = finStyle,
color = min5col
))
if min15Show
if min15S.condS()
obj.lineSetSupport(1, 0,
line.new(min15Stime, min15S, last_bar_time+ (time - time[5]), min15S,
extend = ex,
xloc = xloc.bar_time,
color = min15col,
width = 1, style = finStyle
))
if min15R.condR()
obj.lineSetResistance(1, 1,
line.new(min15Rtime, min15R, last_bar_time+ (time - time[5]), min15R,
extend = ex,
xloc = xloc.bar_time,
color = min15col,
width = 1, style = finStyle
))
if min30Show
if min30S.condS()
obj.lineSetSupport(2, 0,
line.new(min30Stime, min30S, last_bar_time+ (time - time[5]), min30S,
extend = ex,
xloc = xloc.bar_time,
color = min30col, style = finStyle
))
if min30R.condS()
obj.lineSetResistance(2, 1,
line.new(min30Rtime, min30R, last_bar_time+ (time - time[5]), min30R,
extend = ex,
xloc = xloc.bar_time,
color = min30col, style = finStyle
))
if min60Show
if min60S.condS()
obj.lineSetSupport(3, 0,
line.new(min60Stime, min60S, last_bar_time+ (time - time[5]), min60S,
extend = ex,
xloc = xloc.bar_time,
color = min60col, style = finStyle
))
if min60R.condR()
obj.lineSetResistance(3, 1,
line.new(min60Rtime, min60R, last_bar_time+ (time - time[5]), min60R,
extend = ex,
xloc = xloc.bar_time,
color = min60col, style = finStyle
))
if min240Show
if min240S.condS()
obj.lineSetSupport(4, 0,
line.new(min240Stime, min240S, last_bar_time+ (time - time[5]), min240S,
extend = ex,
xloc = xloc.bar_time,
color = min240col, style = finStyle
))
if min240R.condR()
obj.lineSetResistance(4, 1,
line.new(min240Rtime, min240R, last_bar_time+ (time - time[5]), min240R,
extend = ex,
xloc = xloc.bar_time,
color = min240col, style = finStyle
))
if min1440Show
if min1440S.condS()
obj.lineSetSupport(5, 0,
line.new(min1440Stime, min1440S, last_bar_time+ (time - time[5]), min1440S,
extend = ex,
xloc = xloc.bar_time,
color = min1440col, style = finStyle
))
if min1440R.condR()
obj.lineSetResistance(5, 1,
line.new(min1440Rtime, min1440R, last_bar_time+ (time - time[5]), min1440R,
extend = ex,
xloc = xloc.bar_time,
color = min1440col, style = finStyle
))
if minWShow
if minWS.condS()
obj.lineSetSupport(6, 0,
line.new(minWStime, minWS, last_bar_time+ (time - time[5]), minWS,
extend = ex,
xloc = xloc.bar_time,
color = minWcol, style = finStyle
))
if minWR.condR()
obj.lineSetResistance(6, 1,
line.new(minWRtime, minWR, last_bar_time+ (time - time[5]), minWR,
extend = ex,
xloc = xloc.bar_time,
color = minWcol, style = finStyle
))
res = array.from("5 Min: ♦", "15 Min: ♦", "30 Min: ♦", "1 Hour: ♦", "4 Hour: ♦", "Daily: ♦", "Weekly: ♦")
resCol = array.from (min5col ,min15col ,min30col ,min60col ,min240col ,min1440col ,minWcol)
valS = array.from(min5S, min15S, min30S, min60S, min240S, min1440S, minWS)
valR = array.from(min5R, min15R, min30R, min60R, min240R, min1440R, minWR)
var table tab = table.new(position.bottom_right, 10, 10, bgcolor = #20222C,
border_color = #363843,
frame_color = #363843,
border_width = 1,
frame_width = 1
)
tab.cell(1, 0, "Resolution", text_color = color.white), tab.cell(2, 0, "Support", text_color = color.white),
tab.cell(3, 0, "Resistance", text_color = color.white)
for i = 0 to 6
tab.cell(1, i + 1, text = res.get(i), text_halign = text.align_right, text_size = size.small, text_color = resCol.get(i))
finS = switch valS.get(i).condS()
true => str.tostring(valS.get(i), format.mintick)
=> "Calculating"
finR = switch valR.get(i).condR()
true => str.tostring(valR.get(i), format.mintick)
=> "Calculating"
tab.cell(2, i + 1, text = finS, text_size = size.small, text_color = resCol.get(i))
tab.cell(3, i + 1, text = finR, text_size = size.small, text_color = resCol.get(i))
alertcondition(ta.crossover(high, min5R), "5-Min Resistance Crossover", "5-Min Resistance Crossover")
alertcondition(ta.crossunder(low, min5S), "5-Min Support Crossunder", "5-Min Support Crossunder")
alertcondition(ta.crossover(high, min15R), "15-Min Resistance Crossover", "15-Min Resistance Crossover")
alertcondition(ta.crossunder(low, min15S), "15-Min Support Crossunder", "15-Min Support Crossunder")
alertcondition(ta.crossover(high, min30R), "30-Min Resistance Crossover", "30-Min Resistance Crossover")
alertcondition(ta.crossunder(low, min30S), "30-Min Support Crossunder", "30-Min Support Crossunder")
alertcondition(ta.crossover(high, min60R), "1-Hour Resistance Crossover", "1-Hour Resistance Crossover")
alertcondition(ta.crossunder(low, min60S), "1-Hour Support Crossunder", "1-Hour Support Crossunder")
alertcondition(ta.crossover(high, min240R), "4-Hour Resistance Crossover", "4-Hour Resistance Crossover")
alertcondition(ta.crossunder(low, min240S), "4-Hour Support Crossunder", "4-Hour Support Crossunder")
alertcondition(ta.crossover(high, min1440R), "1-Day Resistance Crossover", "1-Day Resistance Crossover")
alertcondition(ta.crossunder(low, min1440S), "1-Day Support Crossunder", "1-Day Support Crossunder")
alertcondition(ta.crossover(high, minWR), "1-Week Resistance Crossover", "1-Week Resistance Crossover")
alertcondition(ta.crossunder(low, minWS), "1-Week Support Crossunder", "1-Week Support Crossunder")
** LINK Explaint in :
https://in.tradingview.com/script/qfNwt ... vels-Mxwll
