MTF High Low Indicator

Plots High & Low Levels – Marks previous and current daily, weekly, monthly highs and lows on the chart.

Displays Pivot Lines – Shows daily, weekly, and monthly pivot levels for quick analysis.

Multi-Timeframe Support – Highlights chart zones for better trend identification across timeframes.

🔹 Overview
The MTF High Low Indicator MT4 is an advanced informational tool for MetaTrader 4 that helps traders identify key price levels across multiple timeframes.

🔍 Features & Benefits:

Draws High & Low Levels
Displays previous and current daily, weekly, and monthly high and low levels directly on the main chart.

Pivot Line Marking
Automatically plots daily, weekly, and monthly pivot lines, serving as crucial reference points for decision-making.

Multi-Timeframe Visualization
Highlights chart areas (daily, weekly, monthly) with rectangles, making it easier to track market trends.

Customizable Settings
Traders can enable or disable specific levels, colors, and styles according to their strategy.

Versatile & Easy to Use
Works across all timeframes and supports any currency pair, making it a perfect fit for any trading system.

Input Settings & Controls

📅 Period & Labels

  • CountDays = 1 → Displays data for the last 1 day.

  • Show_LABELS = true → Shows labels for all high/low levels.

  • Shift_CunDaily_LABEL / Weekly / Monthly = 0 → Adjusts label position (0 means default).


📊 Current Levels Display

  • Show_CunDaily = false → Current Daily levels are hidden.

  • Show_CunWeekly = false → Current Weekly levels are hidden.

  • Show_CurrMonthly = true → Current Monthly levels are shown.

  • Line Colors:
    Daily Upper = Lime
    Daily Lower = Magenta
    Weekly Upper = YellowGreen
    Weekly Lower = Pink
    Monthly Upper = Green
    Monthly Lower = Red

  • Line Styles:
    Daily = 2
    Weekly = 3
    Monthly = 4


⏪ Previous Levels Display

  • Show_PreviousDaily / Weekly / Monthly = true → Previous period levels are visible.

  • Xtend_Prev_DailyLine / WeeklyLine / MonthlyLine = true → Extends previous lines fully across the chart.

  • Previous Line Colors:
    🔹 Daily = Aqua
    🔹 Weekly = Yellow
    🔹 Monthly = Orange

  • PreviousLine_Style = 2 → Style for previous lines.

  • Shift_Prev_LABEL = 10 → Offset previous labels.


📦 Rectangles (Zones)

  • Show_CurRectangles_Display = false → Current period zones not displayed.

  • Show_Rectangles = false → No rectangles drawn.

  • Daily / Weekly / Monthly Rectangle Colors: Navy, Blue, Maroon (if enabled).


📌 Pivot Levels

  • Show_Daily_Pivots / Weekly / Monthly = false → All pivot lines are hidden.

  • Colors if enabled:
    🟡 Daily = 16776960 (Yellow)
    🔵 Weekly = 65535 (Blue)
    🟣 Monthly = 42495 (Purple)

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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