Multi-Timeframe S & R JACR

# Multi-Timeframe Support & Resistance Indicator

## 🎯 Overview
The Multi-Timeframe Support & Resistance Indicator is a powerful technical analysis tool that displays support and resistance levels from up to 4 different timeframes simultaneously on your chart. This comprehensive indicator helps traders identify key price levels across multiple time horizons, providing a complete market structure analysis.

## 📊 Key Features

### ✨ **Multi-Timeframe Analysis**
- **4 Configurable Timeframes**: Analyze support and resistance levels from 4 different timeframes on a single chart
- **Default Settings**:
- Timeframe 1: 60 minutes (1H)
- Timeframe 2: 120 minutes (2H)
- Timeframe 3: 240 minutes (4H)
- Timeframe 4: 1 Day (1D)
- **Customizable**: Each timeframe can be adjusted to any desired interval

### 🎨 **Visual Customization**
- **Color-Coded Levels**: Each timeframe has its own color scheme for easy identification
- **Range Zones**: Optional support and resistance zones with customizable transparency
- **Dynamic Labels**: Timeframe identifiers automatically display next to each level
- **Clean Interface**: Professional styling with minimal chart clutter

### ⚙️ **Advanced Configuration**
- **Pivot Point Detection**: Customizable lookback and lookahead periods for precise level identification
- **Range Zones**: Adjustable percentage-based zones around key levels
- **Toggle Controls**: Enable/disable range zones for each timeframe independently
- **Extend Lines**: Support and resistance lines extend across the entire chart

## 🔧 Configuration Options

### **Support & Resistance Settings**
- **Support Look Back**: Number of bars to look back for pivot lows (default: 22)
- **Support Look Ahead**: Number of bars to look ahead for pivot lows (default: 26)
- **Resistance Look Back**: Number of bars to look back for pivot highs (default: 30)
- **Resistance Look Ahead**: Number of bars to look ahead for pivot highs (default: 27)

### **Individual Timeframe Settings**
For each of the 4 timeframes:
- **Timeframe Selection**: Choose any timeframe (minutes, hours, days, weeks, months)
- **Range Zones**: Enable/disable support and resistance zones
- **Support Range**: Percentage-based range around support levels (default: 0.25%)
- **Resistance Range**: Percentage-based range around resistance levels (default: 0.25%)
- **Color Customization**: Independent color settings for support and resistance levels

## 🎯 How It Works

The indicator uses pivot point analysis to identify significant support and resistance levels:

1. **Pivot Detection**: Identifies pivot highs and lows based on the configured lookback/lookahead periods
2. **Multi-Timeframe Analysis**: Requests data from each configured timeframe
3. **Level Tracking**: Maintains the most recent support and resistance levels for each timeframe
4. **Visual Display**: Draws lines, zones, and labels for all active levels

## 📈 Trading Applications

### **Trend Analysis**
- Identify key levels where price might reverse or consolidate
- Confirm trend strength by observing how price interacts with multi-timeframe levels
- Spot potential breakout opportunities

### **Entry and Exit Points**
- Use higher timeframe levels for strategic entries
- Lower timeframe levels for tactical entries and exits
- Confluence zones where multiple timeframe levels align

### **Risk Management**
- Place stop losses beyond key support/resistance levels
- Use range zones to account for price volatility around key levels
- Scale positions based on proximity to major levels

## 🔍 Best Practices

1. **Timeframe Selection**: Choose timeframes that align with your trading strategy
2. **Confluence Trading**: Look for areas where multiple timeframe levels converge
3. **Range Consideration**: Use percentage ranges to account for market volatility
4. **Clean Setup**: Toggle off unnecessary timeframes to avoid chart clutter
5. **Regular Updates**: Monitor how levels evolve as new pivot points form

## 📋 Technical Requirements

- **TradingView**: Compatible with TradingView's Pine Script v5
- **Chart Types**: Works on all chart types (candlestick, bar, line, etc.)
- **Instruments**: Compatible with all tradeable instruments (stocks, forex, crypto, commodities)
- **Timeframes**: Can be applied to any chart timeframe

## 🎨 Visual Elements

- **Solid Lines**: Main support and resistance levels
- **Shaded Zones**: Optional range areas around key levels
- **Labels**: Timeframe identifiers for easy reference
- **Color Coding**: Consistent green for support, red for resistance
- **Transparency**: Adjustable opacity for range zones

## 🚀 Performance Features

- **Efficient Processing**: Optimized for smooth chart performance
- **Memory Management**: Proper cleanup of drawing objects
- **Real-time Updates**: Levels update as new data becomes available
- **Scalable Design**: Works effectively on both small and large timeframes

This indicator is perfect for traders who want to incorporate multi-timeframe analysis into their trading strategy, providing a comprehensive view of market structure across different time horizons in a single, easy-to-use tool.