This indicator tracks smart money market structure directly on the price chart. It calculates dual-period swing highs and swing lows to detect Changes of Character (CHoCH), Breaks of Structure (BOS), inducements, and liquidity sweeps. When structural levels ar
Indicator · Pine Script v5 · On the chart
Support and Resistance Signals MTF [LuxAlgo]
Support and Resistance Signals MTF identifies dynamic support and resistance zones across selectable timeframes directly on the price chart.
GitHub stars9on the repository
Pine versionv5runs as is
Lines of code543
Settings28inputs
LicenceNone stated
Last update3 years ago5 Sep 2023
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Support and Resistance Signals MTF [LuxAlgo] detects manipulation and liquidity grab zones alongside swing highs and lows, generating visual signals for breakouts, tests, retests, and rejections. Users can configure detection length, price margins, false breakout filtering, and multi-timeframe resolution from intraday intervals up to weekly bars.
- Multi-timeframe support and resistance zones
- Manipulation and liquidity grab zone detection
- Breakout, test, retest, and rejection signals
- False breakout filter setting
- Optional swing high and swing low markers
Details
Published by
bwithai on GitHub
Code credit
LuxAlgo, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, SMC / ICT / price action, Breakout
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
dockergoogle-cloudpythonscraperseleniumtradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Detection Timeframe | string | Chart | srTF |
| Detection Length | int | 17 | srLN |
| Support Resistance Margin | float | 1.3 | srMR |
| - Support, Lines | color | color.new(#089981, 53) | srSLC |
| Zones | color | color.new(#089981, 83) | srSZC |
| - Resistance, Lines | color | color.new(#f23645, 53) | srRLC |
| Zones | color | color.new(#f23645, 83) | srRZC |
| Check Previous Historical S&R Zone | bool | true | srHST |
| Manupulation / Liquidity Grab Zones | bool | true | mnSH |
| Manupulation Margin | float | 2 | mnMR |
| Liquidity Grab Zones, Sellside | color | color.new(#2962ff, 73) | mnSZC |
| Buyside | color | color.new(#ff9800, 73) | mnRZC |
Show all 28 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Avoid False Breakouts | bool | false | srFBO |
| Breakouts, Bullish | color | color.new(#089981, 33) | srBUC |
| Bearish | color | color.new(#f23645, 33) | srBDC |
| srBS | string | Tiny | srBS |
| Tests, Bullish | color | color.new(#2962ff, 33) | srTUC |
| Bearish | color | color.new(#e040fb, 33) | srTDC |
| srTS | string | Tiny | srTS |
| Retests, Bullish | color | color.new(#089981, 33) | srRUC |
| Bearish | color | color.new(#f23645, 33) | srRDC |
| srRS | string | Tiny | srRS |
| Rejections, Bullish | color | color.new(#089981, 33) | srPUC |
| Bearish | color | color.new(#f23645, 33) | srPDC |
| srPS | string | Tiny | srPS |
| Swing Levels | string | None | swSH |
| H | color | color.new(#f23645, 33) | swHC |
| L | color | color.new(#089981, 33) | swLC |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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