Bounce Zones MTF - BY NepaRajThis indicator is a tidy little chart companion that draws attention to lively price zones with a colorful, organized flair. It sketches horizontal lines—red for the top and bottom edges, orange for quarter points, yellow for the middle—extending a few bars rightward when certain conditions align on your local timeframe. These lines offer a structured view of key levels within recent bars, adjustable in style, thickness, and see-through quality to suit your chart's vibe.
For broader perspective, it pulls from a higher timeframe you select (like 15min or 4hr) and paints shaded boxes across those bars—lime for bullish moments, red for bearish—complete with matching inner lines for quarters and midpoint, all softly transparent like a helpful overlay rather than a bold shout. A small watermark in the corner quietly notes the settings: your timeframe, the MTF source, and volume percentages, positioned wherever you prefer with customizable size and backdrop.
It's straightforward customization throughout—volume thresholds, extension length, line styles—and stays visually light, letting the chart breathe while highlighting potentially interesting zones without overwhelming the scene.
Индикатор Pine Script®
