Multi-Timeframe Price Levels

# Multi-Timeframe Price Levels Indicator

## What This Script Does

This Pine Script indicator displays key horizontal price levels on your TradingView chart to help you identify important support and resistance zones. Think of it as having multiple "reference lines" that show where price has been and where it might react.

## The Price Levels You'll See

**🟣 Yesterday's Levels (Purple Lines)**
- Yesterday's High, Low, and Close
- These often act as support/resistance the next trading day
- Traders watch to see if price holds above/below these levels

**🟢🔴 Premarket Levels (Green/Red Circles)**
- High and Low from premarket trading (4:00 AM - 9:30 AM)
- Shows where institutional traders were active before market open
- Only appears if there was actual premarket activity

**🔵 First 5-Minute Levels (Blue Lines)**
- High and Low from the first 5 minutes of trading (9:30-9:35 AM)
- Locks in at 9:35 AM and doesn't change for the rest of the day
- Popular "opening range" levels many day traders use

**🟠 First 15-Minute Levels (Orange Lines)**
- High and Low from the first 15 minutes of trading (9:30-9:45 AM)
- Locks in at 9:45 AM and stays fixed all day
- Broader opening range for swing traders

**🟢🔴 Today's Levels (Green/Red Thick Lines)**
- Current day's high and low
- Updates in real-time as new highs/lows are made
- The most important current support/resistance levels

## Why These Levels Matter

- **Support/Resistance**: Price often bounces off these levels
- **Breakout Signals**: When price breaks through, it can signal strong moves
- **Risk Management**: Use them to set stop losses and profit targets
- **Context**: Understand where price has been to predict where it might go

## Customization Options

- **Toggle any level on/off** - Only show what you need
- **Adjust line thickness** - Make important levels stand out more
- **Change colors** - Match your chart theme
- **Set session times** - Adjust for different time zones

## Perfect For

- Day traders looking for intraday levels
- Swing traders identifying key zones
- Anyone wanting clean, automated support/resistance lines
- Traders who like multiple timeframe analysis

The script automatically updates daily and requires no manual drawing - just apply it and get instant professional-level price level analysis!