OPEN-SOURCE SCRIPT
MA & BB Levels [ST]
**MA & BB Levels [ST]** is a comprehensive Multi-Timeframe (MTF) technical analysis tool designed to visualize key Weekly and Daily support and resistance levels on lower timeframe charts.
This indicator helps traders identify significant dynamic levels that are often respected by institutional algorithms but are invisible on standard intraday charts.
### 🛠 Key Features
1. **Multi-Timeframe Overlays:**
* Plots **Weekly** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* Plots **Daily** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* All levels are automatically calculated and synchronized, regardless of the chart's current timeframe.
2. **Smart Visuals:**
* Uses extended lines to project levels forward, making it easy to anticipate price reactions.
* Includes clear labels placed precisely on top of the lines (Label Lower Left style) to avoid obscuring the price action.
* Customizable text sizes to fit different screen resolutions (4k/HD).
3. **Standardization [ST]:**
* Part of the [ST] suite, ensuring optimized code performance and standardized inputs.
* English-native codebase and settings.
### 📚 How to Use
* **Trend Alignment:** Use the Weekly EMA 20 to gauge the macro trend direction while trading on intraday frames like 15m or 5m.
* **Reversion Plays:** The Daily and Weekly Bollinger Bands often act as strong reversion points (Overbought/Oversold zones) when tested for the first time.
* **Confluence:** Look for areas where a Daily EMA overlaps with a Weekly Bollinger Band level. These clusters often provide high-probability reaction zones.
### ⚙️ Settings
* **Toggles:** You can individually turn on/off any Weekly or Daily level via the settings panel to keep your chart clean.
* **Periods:** Standard defaults are EMA 9/20 and BB 20 (StdDev 2.0), but all periods are fully customizable.
---
*Disclaimer: This tool is for educational purposes and technical analysis assistance only. Always manage your risk.*
This indicator helps traders identify significant dynamic levels that are often respected by institutional algorithms but are invisible on standard intraday charts.
### 🛠 Key Features
1. **Multi-Timeframe Overlays:**
* Plots **Weekly** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* Plots **Daily** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* All levels are automatically calculated and synchronized, regardless of the chart's current timeframe.
2. **Smart Visuals:**
* Uses extended lines to project levels forward, making it easy to anticipate price reactions.
* Includes clear labels placed precisely on top of the lines (Label Lower Left style) to avoid obscuring the price action.
* Customizable text sizes to fit different screen resolutions (4k/HD).
3. **Standardization [ST]:**
* Part of the [ST] suite, ensuring optimized code performance and standardized inputs.
* English-native codebase and settings.
### 📚 How to Use
* **Trend Alignment:** Use the Weekly EMA 20 to gauge the macro trend direction while trading on intraday frames like 15m or 5m.
* **Reversion Plays:** The Daily and Weekly Bollinger Bands often act as strong reversion points (Overbought/Oversold zones) when tested for the first time.
* **Confluence:** Look for areas where a Daily EMA overlaps with a Weekly Bollinger Band level. These clusters often provide high-probability reaction zones.
### ⚙️ Settings
* **Toggles:** You can individually turn on/off any Weekly or Daily level via the settings panel to keep your chart clean.
* **Periods:** Standard defaults are EMA 9/20 and BB 20 (StdDev 2.0), but all periods are fully customizable.
---
*Disclaimer: This tool is for educational purposes and technical analysis assistance only. Always manage your risk.*
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Penafian
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Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.