Multi-Timeframe Liquidity LevelsMulti-Timeframe Liquidity Levels – Overview
The Multi-Timeframe Liquidity Levels indicator automatically displays significant highs and lows from various timeframes (Daily, Weekly, Monthly, and Quarterly) on your current chart. This allows traders to quickly identify potential support and resistance zones without frequently switching between different timeframe charts. Additionally, the script offers extra lines for special reference points (e.g., the “Midnight” midpoint of the current day and the previous day’s open/close) to highlight potential liquidity zones even more clearly.
1. Core Idea and Benefits
Time-Saving: Instead of manually reviewing charts in different timeframes, the indicator fetches relevant high/low levels automatically and shows them on your active timeframe.
Clear Layout: Traders instantly see where the Daily, Weekly, Monthly, and Quarterly highs and lows lie—areas often associated with institutional orders or liquidity hunts.
Customizable: You can tailor the color scheme, line style (Solid, Dashed, Dotted), and line width, ensuring the displayed levels fit your personal charting style.
2. How It Works
Multi-Timeframe High/Low
For each timeframe (Day, Week, Month, Quarter), the indicator references the previous candle’s high and low (high , low ).
Using request.security(...), these values are plotted on the chart you’re currently viewing.
Flexible Display
You can individually enable or disable the Daily, Weekly, Monthly, and Quarterly lines, depending on which levels are most relevant to your trading.
With Line Style (Solid, Dashed, Dotted) and Line Width, you can easily emphasize certain lines you consider more important.
Additional Lines
“Midnight” Line: A theoretical midpoint between today’s high and low, which can be useful for gauging daily pivot areas.
Previous Day’s Open/Close: Many traders track these reference points to anticipate market reactions. You can show or hide these lines as desired.
Automatic Line Removal & Creation
When a particular timeframe (e.g., “Show Monthly Levels”) is disabled, the script automatically removes the existing monthly lines.
Enabling it again recreates those lines without hassle.
3. Usage and Interpretation
Identifying Support and Resistance
Highs and lows from higher timeframes are often key zones for entries, exits, or major market reactions.
A Daily level may be crucial for short-term traders, whereas Monthly or Quarterly levels can indicate long-term liquidity areas.
Spotting Market Shifts
If price decisively moves above a Higher-Timeframe line, it could signal strong momentum.
Conversely, a failed breakout (where price quickly returns under or above a level) might warn of a potential reversal.
Extra Lines as Filters
The “Midnight” Line helps visualize a rough central price for the current day, aiding in intraday directional bias.
Previous Day’s Open/Close: Common reference points for day traders, where swift approaches and rejections can indicate potential entries or partial take-profit zones.
4. Practical Tips
Use Color-Coding Wisely: Assign distinct colors (e.g., Blue for Daily, Green for Weekly, Orange for Monthly, Purple for Quarterly) so you can easily discern which timeframe you’re looking at.
Toggle On/Off As Needed: Day traders might focus on Daily and Weekly, while long-term traders may pay closer attention to Monthly and Quarterly.
Combine with Price Action: Lines alone don’t constitute a trading strategy. Use them alongside candlestick patterns, volume analysis, or other indicators for a more complete market perspective.
5. Important Notes & Recommendations
Not Financial Advice: This indicator simply reflects historical high/low data across multiple timeframes and does not constitute a buy or sell recommendation.
Trader Responsibility: Observe how the market actually behaves around these lines and adapt your risk management accordingly.
Quarterly
Daily Monday Weekly Monthly Quarterly Yearly High Low Mid This indicator can be useful for traders who are interested in analyzing price movements over different time periods. By displaying the daily, Monday, weekly, monthly, quarterly, and yearly high and low values along with their mid values on a chart, traders can get a better understanding of how prices have behaved over longer periods of time.
For example, a trader might use this information to identify trends or patterns in the market. They might look for occasions when the daily high and low values move outside of an established range or when the weekly or monthly mid values cross certain key levels. This could signal a potential change in the market trend that the trader could act upon.
Additionally, the code can help traders identify key support and resistance levels based on the high and low values of the candles. By plotting these values on a chart, traders can see where prices tend to find support or resistance over different time periods. This information can be used to place stop loss orders or take profit orders at important levels.
Overall, the benefit of using the code you provided is that it offers traders a comprehensive view of price movements over different time periods, which can aid in making more informed trading decisions.
Each level described above has its own unique label, which is abbreviated for convenience. These abbreviations are listed below for quick reference:
For daily levels: DH (Daily High), DM (Daily Mid), and DL (Daily Low)
For Monday levels: MonH (Monday High), MonM (Monday Mid), and MonL (Monday Low)
For monthly levels: MH (Monthly High), MU50 (Monthly 50 percent of Mid and High), MM (Monthly Mid), MD50 (Monthly 50 percent of Mid and Low), and ML (Monthly Low)
For quarterly levels: 3MH (Quarterly High), 3MU50 (Quarterly 50 percent of Mid and High), 3MM (Quarterly Mid), 3MD50 (Quarterly 50 percent of Mid and Low), and 3ML (Quarterly Low)
For yearly levels: YH (Yearly High), YU50 (Yearly 50 percent of Mid and High), YM (Yearly Mid), YD50 (Yearly 50 percent of Mid and Low), and YL (Yearly Low)
These labels can help you quickly identify the different levels and keep track of important price points.
If the chosen timeframe does not fall under the category of intraday, daily and Monday level will not be displayed.
Please feel free to send your suggestions to @z_mehran.
Seasonal Performance for Stocks & CryptoThe Seasonal Performance indicator quickly allows you to see if you are in a bullish or bearish time of year for an underlying security and where the current performance stacks up compared to the same time of year historically. Table is fully customizable from colors to what data to see.
Table Displays
Average Performance
Best Performance
Worst Performance
Last Performance
Current Performance
Note this indicator will only work with Stocks, ETF's, Index's or Crypto.
Quarterly Returns in Strategies vs Buy & HoldThis is a Quarterly Returns version of Monthly Returns in PineScript Strategies by QuantNomad
This script shows a table of Quarterly/Yearly performance of your strategy.
It also provides an option to compare with Buy & Hold.
The script can easily integrated to your strategy. All you need to do is copy the table part and paste it at the end of your script
Disclaimer
Please remember that past performance may not be indicative of future results.
This post and the script don’t provide any financial advice.
Average Quarterly and Annual Gain/Loss (Color Divided)Hello!
Simple script here!
(BE SURE TO TRY WITH BAR REPLAY)
This indicator measures the current quarterly gain/loss (Q1, Q2, Q3, Q4) and the average quarterly gain/loss.
The average percentage gain/loss for Q1, Q2, Q3, and Q4 are calculated and displayed on the chart; colors are adjustable.
By default, Q1 is measured as blue, Q2 as green, Q3 as red and Q4 as yellow.
Also measured is the average annual percentage gain/loss and the current year's running gain/loss.
Years are split by a dashed line, beneath which a label displays that year's percentage gain or loss, in addition to the average annual gain or loss.
Labels and lines update per bar!
A constantly updating line connects the high price of the first session for a quarter to the current high price. The line will delete and restart when a new quarter occurs.
Labels, lines, and line fills are color coded. So, any change to the quarterly/annual color scheme will change the color for all labels, lines, and line fills for that particular quarter!
Thanks for reading!
Day/Week/Month/3M/6M/12M MTF breaks by makuchakuThis indicator plots breaks for multiple timeframes. Works on Daily to Yearly timeframes.
Currently supported timeframes :
Daily
Weekly
Monthly
Quarterly
Half Yearly
Yearly
It currently plots all breaks together. From Indicator settings hide what you don't need and save as default settings.
Key Levels (Time Frames - Weekly,Monthly,Quarterly,Yearly)This indicator plots the 4h, Daily, Weekly, Monthly, Quarterly, Yearly Open High, Low and Mids.
You can watch how these institutional trading levels work as support and resistance.
Most Important you can add alerts to these levels with a few clicks.
Just add/remove unnecessary levels for scaling problems.
For any error/suggestion/improvement just let me know.
Financial Highlights [Fundamentals]█ OVERVIEW
This indicator plot basic key financial data to imitate the presentation format of several popular finance site, make it easier for a quick glance of overall company financial health without switching tabs for every single stocks.
█ Financial Data Available:
- Revenue & PAT (Profit after Tax)
- Net Profit Margin (%)
- Gross Profit Margin (%)
- Earnings Per Share (EPS)
- Dividend
█ Features:
- Toggle between Quarter/Annual Financial Data (Notes: For Dividends, it will always be plotted based on Annual data, at Financial Year ending period)
- Options to plot at either at Quarter/Yearly ending period OR Financial Data published date
█ Limitation
- The accuracy of the data subject to Tradingview's source, but from my observation it's accurate 95% of the time
- Recently published data might not be available immediately. e.g. MYX exchange tends to have 1-3 days lag
- More information on Tradingview's financial data can be read here -> www.tradingview.com
█ Disclaimer
Past performance is not an indicator of future results.
My opinions and research are my own and do not constitute financial advice in any way whatsoever.
Nothing published by me constitutes an investment recommendation, nor should any data or Content published by me be relied upon for any investment/trading activities.
I strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
Any ideas to further improve this indicator are welcome :)
Earnings Support and Resistance Levels [NeoButane]Inspired by @LazyBear's/@timwest's script:
Usage: support and resistance levels based on averaging price around earnings and quarterly opens.
What it is plotting:
1. A horizontal level whenever earnings occur. If actual earnings is higher than estimated, the line turns green, else red.
2. A horizontal level every quarterly open, colored black.
3. An average between the two mentioned above, colored orange.
4. 5% moves away from 3M open and earnings
5. Misc: 5% move away from that 5% move away, then 10% move away from the 2nd 5% move away.
By default, 4 and 5 are off to reduce visual noise.
Idea: Traders panic around certain dates that always happen, and traders always panic in the wrong direction. The market is composed of traders trading in the wrong direction at the same time, all the time. That means price will bounce back and forth as the gambling dens colloquially known as 'forex brokerages' or 'stock exchanges' take your money in the form of fees, time, and liquidations. So I put two lines on the chart and put one right in between, because it always goes back. I hope you can find it useful!
Note: This was a part of the old fundamental data indicators and is not officially for use, so while it should work on most U.S. stocks and a couple of other exchanges, it is not perfect.
