MSnR Lines

MSnR Lines is a custom indicator designed to display Support and Resistance levels on a chart. These levels are based on Malaysian Support and Resistance theory, which defines levels not as areas but as specific price levels derived from line chart peaks and valleys.

Features:

• Three types of levels: A-Level, V-Level, and Gap Level.
• Freshness indication for levels: Fresh levels are more significant than unfresh levels.
• Customizable color and style for fresh and unfresh levels.
• Option to display only fresh levels or all levels.
• Adjustable lookback period and number of levels above and below the current price.
• Supports multiple timeframes.

Usage:
Traders can use MSnR Lines to identify potential support and resistance levels for trading decisions. Fresh levels are considered more significant and may present better trading opportunities.