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S/R Zones MTF v2

S/R Zones MTF v2 calculates support and resistance zones simultaneously on the chart timeframe and two configurable higher timeframes. Zone boundaries are formed from ATR-based reversal swings, scaling proportionally to current volatility. A zone-merging algorithm prevents overlaps, and a display limit of maximum 50 zones keeps the chart readable. Zone scoring and strength prioritization help identify the most important levels immediately.

Screenshot coming soon

Add a screenshot as public/screenshots/sr-zones-mtf.webp

Features

Chart-TF + 2 konfigurierbare HTFs

Zonen-Merging und Display-Limit (max. 50)

Zonen-Scoring und Stärke-Priorisierung

ATR-basierte Swing-Struktur

S/R MTF Zones ATR

View code on GitHub

Usage: Open the Pine Editor on TradingView, copy the code from the GitHub repository and paste it.

This script is an idea for developing your own Pine Script indicators. It does not constitute investment advice and serves exclusively as technical learning material. Use at your own risk.

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