SP Line (Multi-Timeframe)

SP Line (Multi-timeframe) Indicator Introduction
SP Line (Multi-timeframe) is a powerful technical analysis indicator designed to identify Swing Points across different timeframes. This indicator can display key support and resistance levels from up to six different timeframes simultaneously on a single chart, helping traders comprehensively understand market structure to develop more thorough trading strategies. By clearly marking high and low swings from different periods, traders can quickly identify key price levels across multiple timeframes, enhancing the accuracy of trading decisions.

Key Features
Multi-timeframe Analysis: Display swing points from up to six different timeframes simultaneously
Color Coding: Each timeframe uses a unique color for easy identification
Automatic Touch Detection: Automatically removes lines when price touches the swing point
Bullish/Bearish Distinction: Different colors for bullish (low) and bearish (high) swing points
Customizable Appearance: Adjustable line length, width, and style (solid, dashed, or dotted)
Timeframe Labels: Optional display of timeframe labels to identify the source of each line
Performance Optimization: Automatically limits the maximum number of lines per timeframe to ensure smooth chart operation

Use Cases
Multi-timeframe Support/Resistance Identification: View key price levels from all important timeframes at a glance
Trend Confirmation: Confirm market trend direction using swing points from multiple timeframes
High-probability Trading Zones: Identify high-probability trading areas when swing points from multiple timeframes cluster in specific regions
Trade Planning: Plan trading strategies in advance by determining potential entry points, stop losses, and targets
Market Structure Analysis: Assess overall market structure by observing the arrangement of highs and lows across different timeframes
Dynamic Support/Resistance: Track touched and untouched support/resistance levels to understand market dynamics

Configuration Options
Timeframe Settings (1-6):
Enable/Disable: Choose whether to display swing points for specific timeframes
Timeframe Selection: Choose from multiple timeframes ranging from 1-minute to monthly
Color Settings: Customize colors for bullish and bearish swing points for each timeframe
Line Settings:
Horizontal Line Length: Control how far lines extend to the right (1-400)
Line Width: Adjust the thickness of lines (1-5)
Line Style: Choose between solid, dashed, or dotted lines
Text Settings:
Show Timeframe Labels: Display the corresponding timeframe on each line
Label Size: Adjust label text size from Tiny to Huge
Basic Settings:
Maximum Lines Per Timeframe: Limit the maximum number of lines displayed per timeframe (10-100)

使用场景
多周期支撑/阻力识别: 一目了然地查看所有重要时间周期的关键价格水平
趋势确认: 使用多个时间周期的摆动点确认市场趋势方向
高概率交易区域: 当多个时间周期的摆动点聚集在特定区域时，识别高概率交易区域
交易计划制定: 提前规划交易策略，确定潜在的入场点、止损位和目标位
市场结构分析: 通过观察不同周期的高低点排列，判断市场整体结构
动态支撑阻力: 跟踪已被触及和尚未触及的支撑阻力位，了解市场动态变化