DW-MTF-Close Price(1W/3D) as Support Line

This simple study shows closing price of [up to 2] higher timeframes on your chart. Be sure to use a lower timeframe on your chart itself.

릴리즈 노트

Repainting Removed

릴리즈 노트

Updated according to rules (RSI's removed). Code cleaned up.

릴리즈 노트

This Indicator has been enhanced.

In the past, only Close price could used for the 2 support lines. With this update it is possible to select source - Open, High, Low, Close etc. This is especially useful for tracking price movements on e.g. 15m within 4h low and high support lines.

Example 1:
Support line 1 - 1 DAY close
Support line 2 - 3 DAY close
2 support lines for buying and selling above/below.

Example 2:
Support line 1 - 4h LOW
Support line 2 - 4H HIGH
If your current timeframe on chart is 15m, track the prices changes within the LOW/HIGH of 4h

릴리즈 노트

Default colors changed to blue and purple

오픈 소스 스크립트

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

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