Multi-Timeframe Master Levels v2

# Multi-Timeframe Master Levels v2 - User Manual

## Overview

This indicator displays key support and resistance levels from multiple timeframes directly on your chart. It helps traders identify important price zones where reversals or breakouts are likely to occur.

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## What It Shows

### Previous Period Levels (Support/Resistance)
| Label | Meaning |
|-------|---------|
| **PDH/PDL** | Previous Day High/Low |
| **PDO/PDC** | Previous Day Open/Close |
| **PWH/PWL** | Previous Week High/Low |
| **PMH/PML** | Previous Month High/Low |
| **PYH/PYL** | Previous Year High/Low |

### Mid-Range Levels (50% Retracements)
| Label | Meaning |
|-------|---------|
| **PDM** | Previous Day Mid (halfway between PDH and PDL) |
| **PWM** | Previous Week Mid |
| **PMM** | Previous Month Mid |
| **PYM** | Previous Year Mid |

### Developing Levels (Current Period - Live)
| Label | Meaning |
|-------|---------|
| **CDH/CDL** | Current Day High/Low (updates in real-time) |
| **CWH/CWL** | Current Week High/Low |
| **CMH/CML** | Current Month High/Low |

### Overlay Levels (ES & Custom Ticker)
Shows the same levels but from ES (S&P 500 Futures) or any custom ticker you choose - useful for correlation trading.

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## How to Read the Labels

Each label displays information in this format:
```
LEVEL_NAME PRICE DISTANCE
```

Example: `PDH 5250.00 +0.45%`
- **PDH** = Previous Day High
- **5250.00** = The actual price level
- **+0.45%** = Current price is 0.45% BELOW this level (positive = price needs to go UP to reach it)

Distance formats:
- **Percent**: `+0.45%` or `-0.85%`
- **Points**: `+12.50` or `-8.25` (actual price difference)
- **Ticks**: `+50t` or `-33t` (tick distance)

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## How to Read the Summary Table

| LEVEL | PRICE | DIST |
|-------|-------|------|
| PDH | 5250.00 | +0.45% |
| PDL | 5180.00 | -0.85% |

- **Green distance** = Price is ABOVE this level
- **Red distance** = Price is BELOW this level
- Smaller percentages = Price is closer to that level

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## Special Features

### Confluence Zones (Highlighted Boxes)
When multiple levels cluster together within a threshold (default 0.5%), a colored box appears. These zones are often **stronger support/resistance** because multiple timeframes agree.

### Proximity Alerts
When price gets close to any key level (default 0.3%), a warning label appears:
```
⚠ Near PDH (0.25%)
```
This helps you prepare for potential reactions at key levels.

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## Settings Guide

### 1. Main Feature Toggles
Master switches to enable/disable entire feature groups.

### 2-4. Level Visibility
Choose which timeframe levels to display (Daily, Weekly, Monthly, Yearly, Mid, Developing).

### 5. Line Visual Controls
- **Line Thickness**: 1-4 pixels
- **Line Extension**: Both/Left/Right/None
- **Line Offset Left/Right**: Control how far lines extend in bars

### 6. Label Visual Controls
- **Show Price/Distance**: Toggle what info appears in labels
- **Distance Format**: Percent, Points, or Ticks
- **Label Size**: Tiny to Huge
- **Label Shape**: None, Circle, Diamond, Arrows, etc.

### 7. Label Positioning
- **Label Offset**: Positive = right of current bar, Negative = left
- **Text Alignment**: Left/Center/Right

### 8-10. Colors
Customize colors for each level category (Daily, Weekly, Monthly, Yearly, ES, Extra ticker).

### 11. Confluence Zones
- **Threshold**: How close levels must be to form a zone (%)
- **Box Width**: Visual width of confluence boxes

### 12. Proximity Alerts
- **Threshold**: How close price must be to trigger alert (%)

### 13. Summary Table
- **Position**: Top/Middle/Bottom + Left/Center/Right
- **H/V Offset**: Fine-tune table position
- **Show Distance Column**: Toggle distance display

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## Trading Tips

1. **Watch for price reactions** at PDH/PDL - these are the most commonly respected levels
2. **Confluence zones** (multiple levels stacking) often produce stronger reactions
3. **Mid levels (PDM, PWM)** act as equilibrium points - price often gravitates toward them
4. **Developing levels (CDH/CDL)** help you see the current session's range in real-time
5. **Use proximity alerts** to prepare for potential trades as price approaches key levels
6. **ES overlay** is useful when trading correlated instruments (NQ, SPY, etc.)