This indicator plots a table off to the right of the chart to help with determining timeframe continuity. Per the Strat, a great edge is only taking trades where full timeframe continuity is in place (i.e. if you are going long, make sure other timeframes are also green).
In this script:
Green candles have green colored boxes, red candles have red colored boxes.
Inside bars are represented by a circle - ⬤
Outside bars are represented by a tall rectangle - ▮
2-up bars are indicated by an up arrow - ▲
2-down bars are indicated by a down arrow - ▼
User defined options:
Pick any timeframe for the 4 boxes
Choose whether to plot the highs/lows of the larger timeframe candles as horizontal rays on your chart (along with the associated colors)
What is the vertical line under the last candle and what does it's color designate? Thanks :)
millerrh
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@jerseyjeeper, That looks like some artifact that appears if you are on a timeframe that is higher than one of the selected timeframes. It can't draw the horizontal lines on a lower timeframe than the one the chart is on.
jerseyjeeper
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@millerrh, Thanks! I appreciate all your excellent work.
Moda-877
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Could you add alert when 2 or 3 timeframes are in agreement, bullish/bearish? Thanks
millerrh
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@Mode_m-889, Put it on the list also.
Moda-877
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Could you add alert when chart crossover mtf timeframe support/resistance? Thanks
millerrh
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@Mode_m-889, I'll add this to a list of things I'm working on.