OPEN-SOURCE SCRIPT
MA & BB Levels [ST]
**MA & BB Levels [ST]** is a comprehensive Multi-Timeframe (MTF) technical analysis tool designed to visualize key Weekly and Daily support and resistance levels on lower timeframe charts.
This indicator helps traders identify significant dynamic levels that are often respected by institutional algorithms but are invisible on standard intraday charts.
### 🛠 Key Features
1. **Multi-Timeframe Overlays:**
* Plots **Weekly** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* Plots **Daily** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* All levels are automatically calculated and synchronized, regardless of the chart's current timeframe.
2. **Smart Visuals:**
* Uses extended lines to project levels forward, making it easy to anticipate price reactions.
* Includes clear labels placed precisely on top of the lines (Label Lower Left style) to avoid obscuring the price action.
* Customizable text sizes to fit different screen resolutions (4k/HD).
3. **Standardization [ST]:**
* Part of the [ST] suite, ensuring optimized code performance and standardized inputs.
* English-native codebase and settings.
### 📚 How to Use
* **Trend Alignment:** Use the Weekly EMA 20 to gauge the macro trend direction while trading on intraday frames like 15m or 5m.
* **Reversion Plays:** The Daily and Weekly Bollinger Bands often act as strong reversion points (Overbought/Oversold zones) when tested for the first time.
* **Confluence:** Look for areas where a Daily EMA overlaps with a Weekly Bollinger Band level. These clusters often provide high-probability reaction zones.
### ⚙️ Settings
* **Toggles:** You can individually turn on/off any Weekly or Daily level via the settings panel to keep your chart clean.
* **Periods:** Standard defaults are EMA 9/20 and BB 20 (StdDev 2.0), but all periods are fully customizable.
---
*Disclaimer: This tool is for educational purposes and technical analysis assistance only. Always manage your risk.*
This indicator helps traders identify significant dynamic levels that are often respected by institutional algorithms but are invisible on standard intraday charts.
### 🛠 Key Features
1. **Multi-Timeframe Overlays:**
* Plots **Weekly** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* Plots **Daily** EMA 9, EMA 20, and Bollinger Bands (Upper/Lower).
* All levels are automatically calculated and synchronized, regardless of the chart's current timeframe.
2. **Smart Visuals:**
* Uses extended lines to project levels forward, making it easy to anticipate price reactions.
* Includes clear labels placed precisely on top of the lines (Label Lower Left style) to avoid obscuring the price action.
* Customizable text sizes to fit different screen resolutions (4k/HD).
3. **Standardization [ST]:**
* Part of the [ST] suite, ensuring optimized code performance and standardized inputs.
* English-native codebase and settings.
### 📚 How to Use
* **Trend Alignment:** Use the Weekly EMA 20 to gauge the macro trend direction while trading on intraday frames like 15m or 5m.
* **Reversion Plays:** The Daily and Weekly Bollinger Bands often act as strong reversion points (Overbought/Oversold zones) when tested for the first time.
* **Confluence:** Look for areas where a Daily EMA overlaps with a Weekly Bollinger Band level. These clusters often provide high-probability reaction zones.
### ⚙️ Settings
* **Toggles:** You can individually turn on/off any Weekly or Daily level via the settings panel to keep your chart clean.
* **Periods:** Standard defaults are EMA 9/20 and BB 20 (StdDev 2.0), but all periods are fully customizable.
---
*Disclaimer: This tool is for educational purposes and technical analysis assistance only. Always manage your risk.*
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.