MTF Key Levels: Previous Day/Week/Month/Year + Opens Multi-Timeframe Key Levels (Auto-Updating)
This indicator plots important previous session and higher-timeframe levels that many traders watch for support, resistance, liquidity, and reaction points.
All levels automatically update when a new period begins, so your chart always shows the most recent relevant levels without clutter.
Levels Included
Daily
• Daily Open
• Previous Day Open
• Previous Day High
• Previous Day Low
• Previous Day Equilibrium (midpoint of high/low)
Weekly
• Week Open
• Previous Week Open
• Previous Week High
• Previous Week Low
• Previous Week Equilibrium
Weekend
• Previous Weekend High
• Previous Weekend Low
(Useful for crypto traders where weekend volatility often creates liquidity zones.)
Higher Timeframes
• Previous Month High
• Previous Month Low
• Previous Year High
• Previous Year Low
Features
• Auto-updating levels – old levels are replaced as new sessions begin
• Multi-timeframe context – see key daily, weekly, monthly, and yearly levels at once
• Clean chart design – only the most recent levels are shown
• Dashed level styling for clarity
• Color-coded tags for quick identification
• Automatic high-contrast label text for readability
• Adjustable label distance so tags don’t overlap price
How Traders Use These Levels
These levels often act as:
• Liquidity zones
• Support / resistance
• Mean reversion targets
• Reaction areas for intraday trades
• Bias confirmation when price reclaims or rejects key levels
Many strategies incorporate previous highs/lows, opens, and equilibrium levels when analyzing market structure and momentum.
Notes
• Levels are based on your chart timeframe and timezone settings.
• Works on any intraday timeframe.
• Particularly useful for crypto and futures markets where higher-timeframe levels are frequently respected.
مؤشر Pine Script®






















