Multi timeframe Support/Resistance Indicator (NinjaTrader)

1. Overview Support & resistance or supply & demand play a vital role in the financial markets. Time after time we see the market respecting previous levels of support & resistance. This makes these levels excellent areas to look for a trade. Our indicator will plot the support/resistance (or supply/demand) levels in real-time on your chart.  Both active and broken levels can be shown. Besides this, it can also show all the previous touches for all the active support & resistance levels. This gives you a clear indication of how strong a level is You can use the current timeframe or any other timeframe for the support/resistance. For example, the indicator allows you to plot the 60min S&R levels onto a 5min chart   2. Trading Strategies using support/resistance 2.1 Breakout strategy using support/resistance You probably heard it before. Previous resistance often becomes support. What this means is that when price breaks through a resistance level it will often com