Here is my take on BB and MTF, based on the most excellent work of
"PineCoders" (MTF Selection Framework functions)!
The big advantage is that on 1 image you can easily see where
price is compared to 5 or less BB Bands (each of different Time Frames).
This gives a lot of Support and Resistance area's!
- 1 Bollinger Bands (can be...
This script is designed to help you identify viable support and resistance levels by automatically creating lines that become less transparent when said levels hold. It is based on Donchian Channels created by rounded closes, not by highs and lows. You can use it as an aid to draw your levels manually, or stick exclusively to automatic charting.
This indicator helps to identify current support and resistance based on the opening of the Asian, London and New York sessions.
You can make good trade entries based on these lines. Shows daily and weekly openings of each session
It will also help you to look at which session you are currently trading)
Purple ----> Asian session