[GrandAlgo] MTF Historical Highs and Lows

3 lut

Many traders rely on weekly highs and lows to identify key market levels, but what if you could see how price reacted to these levels in past weeks, months, or even years? With MTF Historical Highs and Lows, you can visualize all past highs, lows, and midpoints from any timeframe, allowing you to refine your strategy and make more informed trading decisions.

This indicator retrieves and plots historical highs, lows, and midpoints based on a user-selected timeframe (default: Weekly). It dynamically updates, ensuring that all significant price levels remain visible on your chart. Additionally, smart filtering helps you focus only on relevant levels, and alerts notify you when price interacts with key zones.

Key Features:
✅ Automatically Fetches & Plots Historical Highs, Lows, and Midpoints
✅ Customizable Timeframes (default: Weekly, but adjustable)
✅ Visibility Filtering – Hides lines that are too far from the current price
✅ Alerts for Key Levels – Get notified when price touches an important historical level
✅ Customizable Colors & Display Preferences for clarity

How It Works:
1️⃣ Select a Date Range – Focus on historical levels that are most relevant to the current market conditions

2️⃣ Choose a Timeframe – Use Weekly, Monthly, or any timeframe that suits your strategy.
3️⃣ Enable Highs, Lows, and Midpoints – Customize what you want to see.

4️⃣ Adjust Filtering – Hide lines that are too far from the current price to reduce clutter.

5️⃣ Get Alerts – Be notified when price reaches a historical level for potential trade setups.

Ideal for Traders Who:

• Trade Support & Resistance Levels – Understand how price reacts at historical highs and lows.
  
• Analyze Market Structure – Identify key areas where price may reverse or break out.
  
• Want Smart Alerts – Stay informed without staring at charts all day.
  

4 lut

Informacje o Wersji

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