How its Applied: his indicator shows how to Multi Time Frame (MTF) interpret levels: Watch how price acts around these levels and how they can act as support/resistanceand can be used as great confluence levels for your technical analysis. MTFSupportandResistance Indicator for MT4 is a Metatrader 4 (MT4) indicator and the essence of this technical indicator is to transform the accumulated historical data and View it as it Rejects majpr Price points.