Dynamic SR and Trendline Indicator

Dynamic SR and Trendline Indicator

The MTF Support/Resistance & Trendline Analyzer is a powerful multi-timeframe indicator that automatically detects key support and resistance levels, draws dynamic trendlines, and provides a real-time market structure dashboard — all in one clean, lightweight display.

It combines fractal logic and price action detection across three timeframes to give you a unified view of market direction and structure. Whether you trade reversals, breakouts, or trends, this tool highlights the zones that matter most — clearly and instantly.

Use it to:

• Identify high-probability S/R zones before price reaches them.

• Spot emerging trendline breaks across multiple timeframes.

• Confirm bullish or bearish bias using the built-in market summary dashboard.

• Align your trading decisions with higher timeframe momentum and structure.

This Free Version includes all core features for real-time analysis. A Pro Version will soon expand with alerts, smart confluence scoring, and automated signal marking.

Features

? Multi-Timeframe Structure

• Analyze 3 custom timeframes (e.g. H4, H1, M15) simultaneously.

• Each timeframe color-coded for clarity (editable).

• Dynamic switching — instantly adapts when chart timeframe changes.

? Enhanced Support & Resistance Detection

• Uses hybrid fractal swing logic for precision.

• Displays up to two major support and resistance levels per timeframe.

• Automatic filtering of duplicate levels to reduce clutter.

• Adjustable lookback period, minimum touches, and proximity sensitivity.

? Smart Trendline Generation

• Automatically draws uptrend and downtrend lines using swing points.

• Adjustable angle, touch tolerance, and bar lookback.

• Option to project lines forward using ray extension.

? Integrated Market Dashboard

• Displays trend status, structure, and key levels for each timeframe.

• Color-coded trend icons (???⚪) for quick interpretation.

• Market summary panel shows:

  • Overall bias (Bullish, Bearish, or Neutral)

  • Alignment status across timeframes

  • Actionable recommendation (Look for longs, shorts, or wait)

? Real-Time Updates

• Automatically refreshes every tick for live structure tracking.

• Optimized to be lightweight — no lag even on multiple charts.

? Customizable Design

• Full color control for lines, text, and dashboard.

• Choose display corner, panel width, and offsets.

• Toggle S/R, trendlines, or dashboard visibility individually.

Use Cases

• Swing traders confirming higher timeframe bias.

• Scalpers identifying intraday reversals near key S/R.

• Price action traders looking for structure-aligned setups.

• Strategy testers validating breakout or retest logic visually.

Tips

• Use H4-H1-M15 for swing to intraday setups.

• Use H1-M30-M5 for scalping setups.

• Combine with volume or candlestick confirmation for best results.