MTF Levels Pro [cryptalent]

# MTF Levels Pro [cryptalent] — Multi-Timeframe & Session Key Levels

## Overview

**MTF Levels Pro [cryptalent]** is a comprehensive price level indicator designed for traders who rely on higher timeframe context and session-based analysis. It automatically plots **Daily, Weekly, and Monthly** highs, lows, opens, and equilibrium (EQ) levels, along with **Asian, London, New York, and Close session** ranges — all on a single chart.

This indicator eliminates the need to manually switch timeframes or draw session boxes, providing instant visibility into the key price levels that institutional traders and market makers often reference.

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## Key Features

### 🔹 Multi-Timeframe (MTF) Levels
- **Daily / Weekly / Monthly** High, Low, Open, and Equilibrium (EQ) levels
- Customizable historical depth (show up to 30 days, 52 weeks, or 12 months)
- Each timeframe has independent color settings and toggle controls

### 🔹 Session-Based Levels
- **Four major trading sessions**: Asian, London, New York, and Close
- Tracks session High, Low, Open, and EQ in real-time
- Fully customizable session times (default: GMT+8 / Taipei timezone)
- Independent styling for each session (color, line width, history count)

### 🔹 Flexible Display Options
- **Master toggles** to quickly enable/disable all HTF or Session levels
- Individual toggles for Open and EQ lines per timeframe/session
- **Label content modes**: Name + Price, Price Only, or Name Only
- Adjustable text size (Tiny, Small, Normal)
- Universal line extension setting (bars beyond current candle)

### 🔹 Clean & Efficient Design
- Optimized for performance with proper array management
- Automatic cleanup of old levels to stay within Pine Script limits
- Non-intrusive overlay that adapts to any chart style

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## How to Use

1. **Add the indicator** to your chart.
2. **Configure MTF Levels**: Enable or disable Daily/Weekly/Monthly levels based on your trading style. Adjust the historical depth to show previous periods.
3. **Configure Session Levels**: Adjust the session times to match your timezone or trading preferences. The default is set to GMT+8 (Taipei/Singapore/Hong Kong).
4. **Customize appearance**: Choose your preferred colors, line widths, and label formats.

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## Practical Applications

- **Identify key support/resistance**: HTF highs and lows often act as significant S/R zones.
- **Session breakout trading**: Monitor session highs/lows for breakout or fade setups.
- **Equilibrium (EQ) as fair value**: The midpoint of any range can serve as a magnet for price.
- **Open levels for bias**: Daily/Weekly/Monthly opens help determine bullish or bearish bias relative to current price.

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## Default Session Times (GMT+8)

| Session | Time Range |
|---------|------------|
| Asian | 08:00 – 14:00 |
| London | 14:00 – 20:00 |
| New York| 20:00 – 04:00 |
| Close | 04:00 – 08:00 |

*You can modify these times in the indicator settings to match your local timezone or preferred session definitions.*

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## Notes

- This indicator is designed for **overlay** use and works on all timeframes.
- For best results on lower timeframes (1m–15m), consider limiting the historical depth to avoid clutter.
- Session detection is based on exchange time converted to your specified timezone.

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## Disclaimer

This indicator is provided for **educational and informational purposes only**. It does not constitute financial advice. Past performance of any trading system or methodology is not necessarily indicative of future results. Always conduct your own analysis and manage your risk appropriately.