Hi Apprentice, I was wondering if it is possible to create an indicator for MT5 which draws horizontal support and resistance lines of any colour across the entire width of any symbol's price chart and which displays the support/resistance level price on the price axis, where a support/resistance is precisely defined as a level which the price has touched 2 or more times in the past in a reasonably precise manner. And the support and resistance levels would be drawn for all timeframes which are greater than or equal to the one you're in - for example, if I was in the daily timeframe, then there would be support and resistance lines for the daily, weekly and monthly timeframes and displayed the daily chart. Another example - if I was in the 4 hour timeframe, there would be support and resistance lines for the 4H, 6H, 8H, 12H, daily, weekly and monthly timeframes displayed in the 4 hour chart.
If you could create this indicator, my goodness! It would be the biggest time-saver in the world, and literally every MT5 user would want to use it - I promise you 1000% that I would share this indicator in the MQL5 forum so that everyone can benefit from this magic. And I would absolutely love for this indicator to be made public on this site, the more people that can benefit from it the better!
I cannot thank you enough for your work Apprentice!