Enhanced Roof & Floors with Signals

This indicator identifies dynamic support and resistance levels across multiple timeframes using a unique material-based metaphor. Each timeframe represents a different "material strength" from weakest to strongest, helping traders visualize the hierarchy of key price levels.
Key Features
🏗️ Multi-Timeframe Levels:

💎 Crystal (5-minute) - Most reactive levels
📄 Paper (30-minute) - Short-term levels
🧊 Plastic (1-hour) - Intraday levels
🪵 Wooden (4-hour) - Swing levels
🏔️ Metal (Daily) - Strongest structural levels

⚡ Smart Trading Signals:

Hierarchical signal filtering based on timeframe strength
Customizable signal modes (Long Only, Short Only, Both)
Three sensitivity levels (Low, Medium, High)
Visual signal arrows with breakout detection

🎨 Visual Enhancements:

Clean, modern interface with customizable colors
Toggleable timeframe levels and labels
Real-time market status table
Breakout notifications with "Broken Roof/Floor" alerts

How It Works
The indicator calculates the highest and lowest prices over a configurable period (default 220 bars) for each timeframe. These levels act as dynamic support (floors) and resistance (roofs).
Signal Logic:

Long signals trigger when price bounces off support levels
Short signals trigger when price rejects resistance levels
Hierarchical filtering prevents false signals by requiring confirmation from stronger timeframes when weaker levels break

Settings

Analysis Period: Lookback period for level calculation
Timeframe Selection: Toggle individual timeframe levels
Signal Configuration: Choose signal direction and sensitivity
Visual Customization: Colors, transparency, and label options

Use Cases

Scalping: Use Crystal and Paper levels for quick entries
Day Trading: Focus on Plastic and Wooden levels
Swing Trading: Prioritize Wooden and Metal levels
Risk Management: Use multiple timeframe confirmation

Educational Purpose
This indicator is designed for educational purposes and market analysis. It helps traders understand multi-timeframe analysis and the concept of support/resistance hierarchy.
⚠️ Risk Disclaimer: This indicator is for educational and informational purposes only. Trading involves substantial risk of loss. Past performance is not indicative of future results. Always conduct your own research and consider your risk tolerance before trading.