The Monthly Range Support & Resistance Levels is an advanced analytical tool designed to assess monthly price movements and provide potential support and resistance levels.
This tool examines the average monthly price fluctuations over the past 7 months (default), and creates support and resistance levels based on the opening price.
The indicator also considers...
NOTE: I'm not sure why the screengrab isn't showing the lines. They are there, and when I share the chart from this link they are there.... idk
This is a requested spin-off version of my previous HLOC for the Daily/Weekly/Monthly that allows users to choose 3 different timeframe units (Mins, Hours, Days, etc...) from the dropdown menu and then select the...
Description:
Automatically draw Fibonacci Pivot levels based on the previous (day's, week's or month's)
Range ( High-Low ). The HLC3 is used as the default Pivot level.
Unlike the "Auto Fibonacci Levels", this variation does not update
Levels on current day even if the price goes past the R3/S3 levels.
Timeframes: 1D, 1W, 1M
Range = (High - Low) - From previous...
![XAUUSD: Monthly Range Support & Resistance [QuantVue]](https://s3.tradingview.com/z/zjwJ5WmI_mid.png "Monthly Range Support & Resistance [QuantVue]")
![BTCUSDT: [MF] Auto Fibonacci Levels](https://s3.tradingview.com/m/mPnkKkjU_mid.png "[MF] Auto Fibonacci Levels")
