MyZtrade W1 MN zones is a multi-timeframe indicator that identifies potential reversal zones of support and resistance on trading charts. It calculates the average range (High–Low) over a configurable number of recent bars (default 11) for selected higher timeframes—Monthly, Weekly, and Daily—regardless of the chart’s current timeframe. The indicator then plots rectangular zones offset from each bar’s high and low by this average range, visually marking areas where price reversals may occur.

Each zone is labeled with its volatility value in points and the corresponding timeframe prefix (e.g., MN1, W1, D1) to distinguish multiple enabled timeframes. Additional visual elements include the bar’s opening price line and a median line within each zone. The indicator also tracks the current, developing bar in real time, updating its zone dynamically.

Key features include simultaneous display of multiple timeframes, full customization of visual appearance (colors, line styles, text size), and independence from the chart’s timeframe, allowing monthly zones to be viewed on intraday charts. This tool serves as a visual guide for support and resistance levels based on volatility but does not provide trading signals or entry/exit logic.