DW-MTF-Close Price(1W/3D) as Support Line

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This simple study shows closing price of [up to 2] higher timeframes on your chart. Be sure to use a lower timeframe on your chart itself.

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Repainting Removed

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Updated according to rules (RSI's removed). Code cleaned up.

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This Indicator has been enhanced.

In the past, only Close price could used for the 2 support lines. With this update it is possible to select source - Open, High, Low, Close etc. This is especially useful for tracking price movements on e.g. 15m within 4h low and high support lines.

Example 1:
Support line 1 - 1 DAY close
Support line 2 - 3 DAY close
2 support lines for buying and selling above/below.

Example 2:
Support line 1 - 4h LOW
Support line 2 - 4H HIGH
If your current timeframe on chart is 15m, track the prices changes within the LOW/HIGH of 4h

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Default colors changed to blue and purple