MTF Candle [Pt]The Multi-Timeframe (MTF) Candle Tool is a powerful indicator designed for traders who wish to analyze standard candle bars and Heikin Ashi candles of multiple timeframes simultaneously. This tool is ideal for traders who prefer to trade in higher timeframes while keeping a close eye on the lower timeframes for confirmation signals. The indicator works by overlaying standard candle bars or Heikin Ashi candles of a higher timeframe onto the current chart. This allows traders to quickly switch between the current timeframe and the higher timeframe, without having to switch charts.
Features
- Live, real time updating MTF candle
- Custom colors
- Heikin Ashi candle
- Heikin Ashi Inside bar highlight
Pesquisar nos scripts por "mtf"
MTF TMOTMO - (T)rue (M)omentum (O)scillator) MTF (Higher Aggregation) Version
TMO calculates momentum using the DELTA of price. Giving a much better picture of the trend, reversals & divergences than most momentum oscillators using price. Aside from the regular TMO, this study combines four different TMO aggregations into one indicator for an even better picture of the trend. Once you look deeper into this study you will realize how complex this tool is. This version also produce much more information like crosses, divergences, overbought / oversold signals, higher aggregation fades etc. It is probably not even possible to explain them all, there could easily be an entire e-book about this study.
I have been using this tool for a couple of years now, and this is what i have learned so far:
Favorite Time Frame Variations:
1. 1m / 5m / 30m - Great for intraday futures or options scalps. 30m TMO serves as the overall trend gauge for the day. 5min dictates the longer term intraday moves as well as direction of the 1min. 1min is for the scalps. When the 5min TMO is sloping higher focus should be on 1min buy signals (red to green cross) and vice versa for the 5min agg. sloping down.
2. 5m / 30m / 60m - Also an interesting variation for day trading the 3-5 min charts. Producing more cleaner & beginner-friendly signals that lasts couple of minutes instead of seconds.
3. 120m / Day / 2 Day - For the 30m to 1H or 2H timeframes. Daily & 2 Day dictates the overall trend. 120 min for the signals. Great for a multi-day swings.
4. Day / 2 Day / Week - Good for the daily charts, swing trading analysis as the weekly dictates the overall trend, daily dictates the signals and the 2 day cleans out the daily signals. If the daily & 2 day are not aligned togather, daily signal means nothing. Weekly dictates 2 day - 2 day dictates daily.
5. Week / Month / 3 Month - Same thing as the previous variation but for the weekly charts.
TMO Length:
The default vanilla settings are 14,5,3. Some traders prefer 21,5,3 as the TMO length is litle higher = TMO will potenially last little longer which could teoretically produce less false signals but slower crosses which means signals will lag more behind price. The lower the length, the faster the oscillator oscillates. It is the noice vs. the lag debate. The Length can be changed, but i would not personally touch the other two. Few points up or down on length will not drastically change much. But changes on Calc Length and Smooth Length can produce totally different signals from the original.
Tips & Tricks:
1. Observe
- This is the best tip & trick I can give you. The #1 best way to learn how any study operates is to just observe how it works in certain situations from the past. MTF TMO is not
an exception.
2. The Power of the Higher Aggregation
- The higher aggregation ALWAYS dictates the lower one. Best way to see this? Just 2x the current timeframe aggregation = so on daily chart, plot the daily & two day TMOs and you will notice how the higher agg. smooths out the current agg. The higher the aggregation is, the smoother (but slower) will the TMO turn. The real power kicks in when the 3 or 4 aggregations are aligned togather in one direction.
3. Position of the Higher Aggregation in Relation to the Extremes
- Overbought / oversold signals might not really work on the current aggregation. But pay attention to the higher aggregations in relation to the extremes. Ex: on the daily chart - daily TMO inside the OB / OS extremes might not mean much. But once the higher aggregations such as 3 day or Weekly TMO enters OB/OS zone togather with the daily, this can be a very powerful signal for a TMO reversion to the zeroline.
4. Crosses
- Yes, crosses do work. Personally, I never really focused on them. The thing about the crosses is that it is crucial to pick the right higher aggregation to the combination of the current one that would be reliable but also print enough signals. The closer the cross is to the OB / OS extremes, the more bigger move can occur. Crosses around the zero line can be considered as less quality crosses.
5. Divergences
- TMO can print awesome divergences. The best divergences are on the current aggregation (TMO agg. same as the chart) since the current agg. oscillates fast, it can usually produce lower lows & higher highs faster then any higher aggregations. Easy setup: wait for the higher aggregation to reach the OB / OS extremes and watch the current (chart) aggregation to print a divergence.
6. Three is Enough
- I personally find more than three aggregations messy and hard to read. But there is always the option to turn on the 4th one. Just switch the TMO 4 Main, TMO 4 Signal and TMO 4 Fill in the style settings.
Hope it helps.
MTF Phoenix TableThis is a MTF heatmap companion for the Phoenix Ascending indicator by WyckoffMode. It aims to make MTF analysis easier at a quick glance.
The row headings are color coordinated for easy visual recognition.
MTF Stochastic, A versionHey everybody,
Here is a version of a MTF Stochastic script I wrote a while ago. The code is based on a formula written by Peter_O and the built in Tradingview Stochastic indicator. See this link to the original script of Peter_O. I use this formula a lot if I want to build in a Stochastic trend filter in my strategies. In this version I added options to plot different signals and trends.
MTF Dots BTC-Pair [Auto] [Moto]Hello traders,
Rsi is pretty commonly used and for some good reasons. When I'm trading, I don't always want to use the USDT/USDTPERP rsi, I want to see the correlated BTC pair Rsi of that asset
This script is similar to my MTF Dots and MTF Dots Cor scripts, but with an important and crucial distinction.
This shows user input oversold and overbought RSI metrics for multiple simultaneous timeframes comparatively to a perpetual futures contracts respective BTC pair automatically.
IMPORTANT: As of posting, the script will only show relevant information if the observed chart is a Binance perp chart. Any other chart and the script will not show data.
For example, if a user is on the BINANCE:SOLUSDTPERP chart, the script will show oversold and overbought Rsi data points for BINANCE:SOLBTC. If observing the BINANCE:ZRXUSDTPERP chart, it will give metrics for BINANCE:ZRXBTC Rsi.
There are six time frames, set to "Chart" resolution by default, which have individual period, overbought and oversold levels of strength.
DM for access,
Thanks
MTF HalfTrendIntroduction
A half-trend indicator is a technical analysis tool that uses moving averages and price data to find potential trend reversal and entry points in the form of graphical arrows showing market turning points.
The salient features of this indicator are:
- It uses the phenomenon of moving averages.
- It is a momentum indicator.
- It can indicate a trend change.
- It is capable of detecting a bullish or bearish trend reversal.
- It can signal to sell/buy.
- It is a real-time indicator.
Multi-Timeframe Application
A standout feature is its flexibility across timeframes. Traders have the liberty to choose any timeframe on the chart, enhancing the tool's versatility and making it suitable for both short-term and long-term analyses.
Principle of the Half Trend indicator
This indicator is based on the moving averages. The moving average is the average of the fluctuation or change in the price of an asset. These averages are taken for a time interval.
So, a half-trend indicator takes the moving averages phenomenon as its principle for working. The most commonly used moving averages in a half trend indicator are:
- Relative strength index (RSI)
- EMA (estimated moving average)
Components of a Half Trend indicator
There are two main components of a half trend indicator:
- Half trend line
- Arrows
- ATR lines
Half trend line
Half trend line represents this indicator on a candlestick chart. This line shows the trend of a chart in real-time. A half-trend line is based on the moving averages.
There are two further components of a half-trend line:
- Redline
- Blue line
A red line represents a bearish trend. When the half-trend line turns red, a trend is facing a dip. It is time for the bears to take control of the market. A bearish control of the market represents the domination of sellers in the market.
On the other hand, the blue line represents the bullish nature of the market. It tells a trader that the bullish sentiment of the market is prevailing. A bullish market means the number of buyers is significantly greater than the number of sellers.
Moreover, a trader can change these colors to his choice by customization.
Arrows
There are two types of arrows in this indicator which help a trader with the entry and exit points. These arrows are,
- Blue arrow
- Red arrow
A blue arrow signals a buying trade; on the other hand, a red arrow tells a trader about the selling of the assets. These arrows work with the moving average line to formulate a trading strategy.
The color of these arrows is changed if a trader desires so.
ATR lines
The ATR blue and red lines represent the Average True Range of the Half trend line. They may be used as stop loss or take profit levels.
Pros and Cons
Pros
- It is a very easy to eyes indicator.
- This is a very useful friendly indicator.
- It provides sufficient information to beginner traders.
- It provides sufficient information for entry points in a trade.
- A half-trend indicator provides a good exit strategy for a trader.
- It provides information about market reversals.
- It helps a trader to find a bullish and bearish sentiment in the market.
Cons
- It is a real-time indicator. So, it can lag.
- The lagging of this indicator can lead to miss opportunities.
- The most advanced and professional traders may not rely on this indicator for crucial trading decisions.
- The lagging of this indicator can predict false reversals of the market.
- It can create false signals.
- It requires the confluence of the other technical tools for a better success ratio.
Settings for Half Trend indicator
The default settings for half trend indicator are:
Amplitude = 2
Channel deviation = 2
Different markets or financial instruments may require different settings for optimal execution.
Amplitude: The degree that the Half trend line takes the internal variables into consideration. The higher the number, the fewer trades. The default value is 2.
Channel deviation: The ATR value calculation from the Half trend line. The default value is 2.
Trading strategy
It is an effective indicator in terms of strategy formation for a trading setup. The new and beginner trades can take benefit from this indicator for the formulation of a good trading setup. This indicator also helps seasoned and professional traders formulate a good trading setup with other technical tools.
The trading strategy involving a half-trend indicator is divided into three parts:
- Entry and exit
- Risk management
- Take profit
Entry and exit
It is an effective indicator that provides sufficient information about the entry and exit points in a trading setup. The profit of a trader is directly proportional to the appropriate entry and exit points. So, it is a crucial step in any trading setup.
The blue and red arrows provide information about the entry and exit points in a trading setup. Furthermore, the entry and exit for the bullish and bearish setups are as follows.
Entry and exit for a bullish setup
If a blue arrow appears under the half-trend line, it means the bullish sentiment of the market is getting stronger in the future. So, it is a signal for entry in a bullish setup.
As the red arrow appears on the chart, it is a signal to exit your trade. The red arrow represents a reversal in the market, so it is a good opportunity to close your trade in a bullish setup.
Entry and exit for a bearish setup
Suppose a red arrow appears above the red moving average line. It is a good opportunity to enter a trade in a bearish setup. The red line represents that sooner the sellers are going to take control and the value of the asset is about to face a dip. So it is the best time to make your move.
As the opposite arrow appears in the chart, it is time to exit from a bearish trade setup.
Re-entering a position
Bullish setup
- The half-trend line is blue.
- At least one candle closes below the blue half-trend line.
- Enter on the candle that closes above the blue half-trend line.
Bearish setup
- The half-trend line is red.
- At least one candle closes above the red half-trend line.
- Enter on the candle that closes below the red half-trend line.
Risk management
Risk management is an integral part of a trading setup. It is an important step to protect your potential profits and losses.
When trading in a bullish market, place the stop loss at the prior swing low. It will help you to cut your losses in case the prices move to the lower end.
In the case of a bearish market, place your stop loss above the prior swing high.
A trader may trail the stop loss using the ATR lines.
The new trader often makes mistakes in the placement of the stop loss. If you don’t place the stop loss at an appropriate point. It can drain your bank account and ruin your trading experience. Is is recommended not to risk more than 2% of your trading account, per trade.
Take profit
The blue ATR line may be used as one take profit level on a bullish setup followed by the previous swing high. The signal reversal would indicate the final take profit and closing of any position.
The red ATR line may be used as one take profit level on a bearish setup followed by the previous swing low. The signal reversal would indicate the final take profit and closing of any position.
Conclusion
A half trend indicator is a decent indicator that can transform your trading experience. It is a dual indicator that is based on the moving averages as well as helps you to form a trading strategy. If you are a new trader, this indicator can help you to learn and flourish in the trading universe. If you are a seasoned trader, I recommend you use this indicator with other technical analysis tools to enhance your success ratio.
All credits go to:
- @everget the original creator of this indicator (I just added the MTF capability).
- Ali Muhammad original author of much of the description used.
MTF previous high and low quarter levelsDescription
An experimental script that prints quarter levels of the previous timeframe's high and low to the current timeframe. The idea is quite simple and is basically the Fibonacci pivoted on the previous high and low with quarter level settings (0,0.25,0.5,0.75,1 etc). The default setting is the previous daily high and low but can be customized on user discretion.
New quarter levels are printed after the close of the previous timeframe and open of the new timeframe (user's timeframe setting)
How To Use
Levels should not be used blindly. Levels can be used as confluence when aligned with high probability supply and demand zones, support, resistance, order blocks, and so on.
Credit to @HeWhoMustNotBeNamed for the Previous High/Low MTF indicator code and @mrbirman for the idea to put this together.
MTF Custom Moving AveragesThis user-friendly indicator allows up to 8 moving averages ( EMA or SMA ) from any timeframe, on any time frame. There are plenty of other MTF MA indicators, each with their own pros and cons. I wanted to make one without the cons:
- Independently set each MA to Exponential or Simple
- No preset lengths
- No preset timeframes
- Optional labels to help keep track of the period/length/type of each plot
- Clean, intuitive input layout
- More than enough MAs available to use one indicator for several use cases... just check/uncheck the ones that are relevant to each chart
Watch for death crosses on the 4hr while monitoring the "Bull Market Support band" (Weekly 21 EMA and 20 SMA ) and checking the Monthly 10 EMA for major support or resistance. Toggle between half of the available MAs for long term BTC trends and use the others for your alts. Use this one indicator to support multiple strategies.
Please leave a comment if you find it useful or have suggestions!
Inspired by the first MTF indicator I found: Weekly Moving Average by TommyTompsen.
MTF Dots Cor[Intromoto]Hey traders.
This indicator shows an MTF RSI levels via the dots above and below candles of a separate security. For example, type BTCUSDT into the ticker field and your chart will show the respective RSI levels for BTDUSDT, independent of your observed chart. This essentially shows RSI correlation to another asset.
There is also an MTF function in the settings to show the timeframe for the RSI oversold/overbought conditions.
DM for access.
MTF V trendSo i try to make this trend line based on MA volume that i created in the past
orange is downtrend, lime is uptrend
you have MTF function so you can put it on which time frame you want
if you want it to be exact on the candles then fix the tf to time in min
for example : on 4 hour candles put 240 and MTF of 4 hour
MTF Ichimoku CloudHere is my take on Ichimoku Cloud, Multiple Time Frames, based on the
most excellent work of "PineCoders" (MTF Selection Framework functions)!
The big advantage is that on 1 image you can easily see where
price is compared to Ichimoku Cloud patterns (each of different Time Frames).
This gives a lot of Support and Resistance area's!
I restricted the amount of MTF's at 2, more is just too messy
To make it more clear:
- Conversion line and Baseline in present timeframe : thick line
- Conversion line and Baseline in Higher Time Frame (HTF 1) : thin line
- Conversion line and Baseline in Higher Time Frame (HTF 2) : line with circles
All lines has labels at the right of the line with corresponding Time Frame
Since some prefer different settings with higher Time Frames,
each period in each Time Frame can be changed
The Time Frames itself can be chosen:
- or a multiple of present Time Frame
- or a fixed chosen Time Frame
Thanks!
MTF multi Stochastic and RSI + DV Ver miniI tried reducing the size of MTF multi Stochastic and RSI + DVby reducing its functions.
It is an indicator that it is going to see stochastic, stochast RSI, RSI, and Damiani Volatmeter v3.2 at a stretch.
The upper row is stochastic, stochastic RSI, the lower row is RSI and the upper leg RSI.
Due to the specifications of pine, the overall value is +100 in the upper row.
The line that the current foot displays in two colors, green and red, and the signal gray line. This is a line with the upper legs displayed in blue and orange.
Damiani Volatmeter v3.2 is displayed in the background color.
Red is when the current foot is in the range market, blue is when the upper foot is in the range market. In the case of both ranges, the colors will overlap and become purple.
It was created with the idea that it might be relatively safe if you reverse the tension when the color of the stochastic changes in the purple area.
MTF multi Stochastic and RSI + DVを機能削減をして小型化してみました。
ストキャスティック、ストキャスRSI、RSI、Damiani Volatmeter v3.2を一気に見ようというというインジケーターです。
上段にストキャスティック、ストキャスRSI、下段がRSIと上位足のRSIとなっています。
pineの仕様上、全体の数値が、上段が+100となっています。
現在の足が緑と赤の２色で表示している線とシグナルの灰色の線。上位足が青とオレンジ色で表示している線です。
Damiani Volatmeter v3.2はバックグランドの色で表示しています。
赤色が現在の足がレンジ相場の場合、青色が上位足がレンジ相場の場合です。両方レンジ相場の場合は色が重なって紫色になると思われます。
紫色の所でストキャスティックなどの色が変わった時に逆張りをすれば比較的安全かもしれないという考えで作成しました。
MTF MACDSimple and common MTF MACD.
The feature is that various MA can be selected as an option.
シンプルなありふれたMTF MACDです。
オプションで色々なMAを選ぶことができるのが特徴です。
MTF MAIt is just a simple MTF MA.
The types of moving averages that can be selected have been increased considerably
ただのシンプルなMTF MAです。
選択できる移動平均の種類はかなり増やしておきました
MTF Deviation (on-chart) - Mtrl_ScientistHey everyone,
This is an on-chart version of my previous MTF Deviation indicator:
I've added more fib levels and you can now easily see the support/resistance price levels.
MTF Stochastic RSIOverview: MTF Stochastic RSI
is a momentum-tracking tool that plots the Stochastic RSI oscillator for up to four user-
defined timeframes on a single panel. It provides a compact yet powerful view of how
momentum is aligning or diverging across different timeframes, making it suitable for both
scalpers and swing traders looking for multi-timeframe confirmation.
What it does:
Calculates Stochastic RSI values using the RSI of price as the base input and applies
smoothing for stability.
Aggregates and displays the values for four customizable TF (e.g., 5min, 15min, 1h, 4h).
Highlights potential support and resistance zones in the oscillator space using adaptive zone
logic.
Optionally draws dynamic support/resistance zone lines in the oscillator space based on
historical turning points.
How it works:
Each timeframe uses the same RSI and Stoch calculation settings but runs independently via
the request.security() function.
Stochastic RSI is calculated by first applying the RSI to price, then applying a stochastic
formula on the RSI values, and finally smoothing the %K output.
Adaptive overbought and oversold thresholds adjust based on ATR-based volatility and simple
trend filtering (e.g., price vs EMA).
When a crossover above the oversold zone or a crossunder below the overbought zone
occurs, the script checks for proximity to previously stored zones and either adjusts or
records a new one.
These zones are stored and re-plotted as dotted support/resistance levels within the
oscillator space.
What it’s based on:
The indicator builds upon traditional Stochastic RSI by applying it to multiple timeframes in
parallel.
Zone detection logic is inspired by the idea of oscillator-based support/resistance levels.
Volatility-adjusted thresholds are based on ATR (Average True Range) to make the
overbought/oversold zones responsive to market conditions.
How to use it:
Look for alignment across timeframes (e.g., all four curves pushing into the overbought
region suggests strong trend continuation).
Reversal risk increases when one or more higher timeframes are diverging or showing signs of
cooling while lower timeframes are still extended.
Use the zone lines as soft support/resistance references within the oscillator—retests of
these zones can indicate strong reversal opportunities or continuation confirmation.
This script is provided for educational and informational purposes only. It does not constitute financial advice, trading recommendations, or an offer to buy or sell any financial instrument. Always perform your own due diligence, use proper risk management, and consult a qualified financial professional before making any trading decisions. Past performance does not guarantee future results. Use this tool at your own discretion and risk.
MTF TTM Squeeze ProOverview
The MTF TTM Squeeze Pro indicator helps traders identify market compression (squeeze) conditions and analyze momentum across multiple timeframes. It is based on the TTM Squeeze concept, which uses Bollinger Bands and Keltner Channels to detect price consolidation periods that often precede strong breakouts.
This script enhances the standard TTM Squeeze by providing a multi-timeframe view, allowing traders to assess market conditions across intraday, daily, and weekly charts simultaneously.
⸻
How It Works
1. Squeeze Detection using Bollinger Bands & Keltner Channels
• High Compression Squeeze (Orange): Strongest squeeze, indicating extreme consolidation.
• Medium Compression Squeeze (Red): Moderate squeeze, potential breakout setup.
• Low Compression Squeeze (Black): Mild squeeze, possible momentum shift.
• No Squeeze (Green): Market is trending, no consolidation detected.
2. Momentum Analysis
The script features a custom linear regression momentum oscillator to gauge market direction:
• Positive rising momentum (Aqua) suggests bullish acceleration.
• Positive falling momentum (Blue) indicates slowing bullish momentum.
• Negative rising momentum (Red) signals bearish weakening.
• Negative falling momentum (Yellow) represents strengthening bearish momentum.
3. Multi-Timeframe Display
The indicator provides a table panel showing squeeze conditions and momentum colors for:
✅ 15m, 30m, 55m, 78m, 195m, Daily (D), and Weekly (W) timeframes.
This makes it easier to spot confluences across different periods, helping traders align their entries with larger trends.
⸻
How to Use
✔️ Look for a high compression squeeze (orange dots) as potential breakout zones.
✔️ Check if momentum colors are aligned across multiple timeframes to confirm direction.
✔️ Trade in the direction of momentum once the squeeze is released.
Best Used For:
📈 Swing Trading – Identify multi-day setups using the D/W squeeze signals.
📉 Intraday Trading – Use 15m-78m signals for faster entries and exits.
⸻
Credits & Open-Source Compliance
This script is inspired by the original TTM Squeeze Pro and based on open-source contributions from the TradingView community. Significant modifications include:
✔️ Improved multi-timeframe data request for momentum & squeeze.
✔️ Enhanced visual display with a compact and informative table panel.
✔️ Added detailed documentation for better usability.
📌 Original Source: TradingView Script by Beardy_Fred
⸻
Final Notes
✅ Designed for stocks, forex, and crypto.
✅ Fully customizable squeeze & momentum settings.
Enjoy trading, and may the squeeze be with you! 🚀
MTF ATR BandsA simple but effective MTF ATR bands indicator.
The script calculate and display ATR bands low and high of the current timeframe using high, low inputs and an RMA moving average, adding to it ATR of the period multiplied with the user multiplier, default is set to 1.5.
Than is calculated a smoothed average of the range and the color of it based on its slope, same color is used to fill the atr bands.
Than the higher timeframe bands are calculated and displayed on the chart.
How can be used ?
The higher timeframe average and bands can give you long term direction of the trend and the current timeframes moving average and filling short term trend, for example using the 15 min chart with a 4h HTF bands, or an 1h with a daily, or a daily with an weekly or weekly with bi-monthly atr bands.
Also can be used as a stop loss indicator.
Hope you will like it, any question send me a PM.
MTF Fractals [RunRox]🔽 MTF Fractals is a powerful indicator designed to visualize fractals from multiple timeframes directly on your chart, highlight liquidity sweeps at these fractal levels, and provide several additional features we’ll cover in detail below.
We created this indicator because we couldn’t find a suitable tool that met our specific needs on TradingView. Therefore, we decided to develop a valuable indicator for the entire TradingView community, combining simplicity and versatility.
⁉️ WHAT IS A FRACTALS?
In trading, a fractal is a technical analysis pattern composed of five consecutive candles, typically highlighting local market turning points. Specifically, a fractal high is formed when a candle’s high is higher than the highs of the two candles on either side, whereas a fractal low occurs when a candle’s low is lower than the lows of the two adjacent candles on both sides.
Traders use fractals as reference points for identifying significant support and resistance levels, potential reversal areas, and liquidity zones within price action analysis. Below is a screenshot illustrating clearly formed fractals on the chart.
📙 FRACTAL FORMATION
Here’s how fractals form depending on your chosen setting (3, 5, 7, or 9):
▶️ 3-bar fractal – forms when the central candle is higher (for highs) or lower (for lows) than one candle on each side.
▶️ 5-bar fractal – forms when the central candle is higher or lower than two candles on both sides.
▶️ 7-bar fractal – forms when the central candle is higher or lower compared to the three candles on each side.
▶️ 9-bar fractal – forms similarly but requires four candles on each side, making the fractal significantly more reliable and robust.
A higher number of bars ensures stronger fractal levels, highlighting more significant potential reversal points on the chart.
Now that we’ve covered the theory behind fractal formation, let’s explore the indicator’s functionality in more detail.
Below, I’ll explain each feature clearly and illustrate how you can effectively utilize this indicator in your trading.
🕐 MULTI-TIMEFRAME FRACTALS
We realized that displaying fractals only from the current timeframe isn’t always convenient, so we’ve introduced Multi-Timeframe Fractals into this indicator.
Now you can easily display fractals from higher timeframes directly on your current chart, providing you with broader market context and clearer trading signals.
Fractals from Current Timeframe – Fractals identified directly on the chart’s current timeframe.
Fractals from Higher Timeframes – Fractals sourced from higher timeframes and displayed clearly on your current chart for enhanced market perspective.
📈 FRACTAL LINES
Since fractals represent areas of high liquidity, we’ve added an option to extend fractal levels horizontally as Fractal Lines across your chart.
This feature allows you to clearly visualize critical liquidity areas from higher timeframes, directly on your current timeframe chart, as demonstrated in the screenshot below.
With this approach, you can clearly visualize significant fractal levels from higher timeframes directly on your current chart - for example, projecting fractals from the 1-hour (1H) timeframe onto a 3-minute (3m) chart. ✅ This helps you easily identify critical liquidity areas and potential reversal zones without the need to switch between multiple timeframes.
💰 LIQUDITY SWEEP (LIQUDITY GRAB)
To enhance your trading experience, we’ve introduced a feature that clearly identifies liquidity sweeps of fractal levels.
A Liquidity Sweep occurs when a candle closes beyond a fractal line, leaving a wick that pierces through it, signaling that liquidity has been collected at this level.
Below, you’ll find two examples illustrating this functionality:
▶️ Fractal lines from the current timeframe
▶️ Fractal lines projected from higher timeframes
The first example illustrates liquidity being swept from fractals on the current timeframe .
Here, the candle clearly closes beyond the fractal line, leaving a wick through it. This indicates a liquidity sweep at the fractal level, visually highlighting a potential reversal or continuation opportunity directly on your chart.
In the second example, fractals from the higher timeframe are projected onto your current chart.
When a candle on your current timeframe closes beyond an HTF fractal line - leaving a wick through this level - the indicator highlights it clearly. This signals to traders a potential reversal zone, indicating that liquidity has been swept, and price may reverse or significantly react from this area.
You can also enable the display of additional labels on the chart. These labels clearly mark liquidity sweeps at fractal levels, making it easier to visually identify potential reversal points directly on your chart.
⚙️ SETTINGS
Below are the indicator settings with detailed explanations for each parameter.
🔷 Bars in Fractal – Number of candles to the right and left required to form a fractal.
🔷 Fractal Timeframe – Select the timeframe from which you want to display fractals on the current chart.
🔷 Max Age, bars – Number of bars during which the fractal will remain active.
🔷 Show Fractal Line – Display or hide fractal lines.
🔷 Line Style – Choose the style of the line displayed on the chart.
🔷 Line Width – Thickness of the fractal line.
🔷 High Fractal – Style and color of bearish fractals.
🔷 Low Fractal – Style and color of bullish fractals.
🔷 Fractal Label Size – Select the size of fractal labels.
🔷 Show Sweep Labels – Option to display labels when a liquidity sweep occurs.
🔷 Label Color – Color and transparency of the area marked on the chart during a sweep.
🔷 Shade Sweep Area – Show or hide the sweep area shading.
🔷 Area Color – Color and transparency settings for the sweep area.
🔶 We’d love to hear your feedback and any suggestions for additional features you’d like to see in this indicator. We’ll be happy to consider your ideas and continue improving the indicator!
MTF Round Level Reversal [RunRox]🧲 MTF Round Level Reversal is an indicator designed to highlight price levels on the chart where the market encountered significant resistance or support at round numbers, failing to break through large clusters of orders.
In many cases, price revisits these round-number levels to absorb the remaining liquidity, offering potential reversal or continuation trade opportunities.
✏️ EXAMPLE
Here’s an example demonstrating how this indicator works and how its logic is structured:
As shown in the screenshot above, price encountered resistance at round-number levels, clearly reacting off these areas.
Afterward, the market pulled back, presenting opportunities to enter trades targeting these previously established open levels.
This logic is based on the observation that price often seeks to revisit these open round-number levels due to the residual liquidity resting there.
While effective across various markets, this indicator performs particularly well with stocks or assets priced at higher values.
For a level to appear on the chart, price must first encounter a round-number value and clearly reverse from it, leaving a visible reaction on the chart. After this occurs, the indicator will mark this level as fully formed and display it as an active reversal area.
⚙️ SETTINGS
🔷 Timeframe – Choose any timeframe from which you’d like the indicator to source level data.
🔷 Period – Defines the number of candles required on both sides (left and right) to confirm and fully form a level.
🔷 Rounding Level – Adjusts price rounding precision when detecting levels (from 0.0001 up to 5000).
🔷 Color – Customize the color and transparency of displayed levels.
🔷 Line Style – Select the desired line style for level visualization.
🔷 Label Size – Set the font size for the level labels displayed on the chart.
🔷 Move Label to the Right – Move level labels to the right side of the screen for better visibility.
🔷 Label Offset – Specifies how many bars labels should be offset from the chart’s right edge.
🔷 Delete Filled Level – Automatically removes levels from the chart after they’ve been revisited or filled.
🔷 Calculation Bars – Determines the number of recent bars considered when calculating and identifying levels.
🔶 There are numerous ways to apply this indicator in your trading strategy. You can look for trades targeting these round-number levels or identify reversal setups forming at these high-liquidity zones. The key insight is understanding that these levels represent significant liquidity areas, which price frequently revisits and retests.
We greatly appreciate your feedback and suggestions to further improve and enhance this indicator!
MTF EHMA & HMA Insights [FibonacciFlux]MTF EHMA & HMA Insights
Overview
The Multi-Timeframe EHMA, HMA, and Midline with Fill script is a powerful technical analysis tool designed for traders seeking to enhance their market insights and decision-making processes. By integrating two advanced moving averages—Exponential Hull Moving Average (EHMA) and Hull Moving Average (HMA)—along with a dynamic midline, this indicator provides a comprehensive view of market trends across multiple timeframes.
Key Features
1. Dual Moving Averages
- Exponential Hull Moving Average (EHMA) :
- Offers a rapid response to price changes, making it particularly useful for identifying short-term trends.
- Utilizes a unique calculation method that reduces lag, allowing traders to react quickly to market movements.
- Hull Moving Average (HMA) :
- Known for its smoothness and ability to filter out noise, the HMA presents a clear picture of the underlying trend.
- The HMA is specifically designed to achieve a balance between responsiveness and smoothness, enabling traders to make informed decisions.
2. Midline Calculation
- Dynamic Midline (m) :
- The midline is calculated as the average of EHMA and HMA, providing a neutral reference point for evaluating price movements.
- It visually represents market sentiment; a rising midline suggests bullish conditions, while a declining midline indicates bearish trends.
3. Visual Components
- Fill Areas :
- Color-coded fills between the EHMA and HMA enhance visual clarity by indicating the relative position of these moving averages.
- The fill color dynamically changes based on the relationship between the two averages (green for EHMA below HMA and red for EHMA above HMA), allowing traders to quickly assess market conditions.
4. Signal Generation and Alerts
- Buy/Sell Signals :
- The indicator generates buy signals when the midline crosses above its previous value, indicating a potential upward trend.
- Conversely, sell signals are triggered when the midline crosses below its previous value, suggesting a possible downward movement.
- Alert Conditions :
- Built-in alerts notify traders in real-time when significant changes occur, allowing them to act swiftly on potential trading opportunities.
- Customizable alert messages ensure traders receive relevant information tailored to their strategies.
Technical Details
Input Parameters
- Timeframe Settings :
- Traders can customize the timeframes for both EHMA and HMA, enabling them to adapt the indicator to different trading styles and market conditions.
- Length Settings :
- Adjustable lengths for both moving averages impact their sensitivity, allowing traders to optimize their performance based on volatility and market dynamics.
Plotting and Visualization
- Plotting :
- The script plots the EHMA, HMA, and midline directly on the chart for easy visualization.
- Signal labels (BUY and SELL) are displayed prominently, helping traders to identify potential entry and exit points without ambiguity.
Benefits
1. Clarity and Insight
- The combination of EHMA, HMA, and midline provides a clear and concise visual representation of market trends, aiding traders in making informed decisions.
2. Flexibility
- Customizable parameters allow traders to tailor the indicator to their specific needs, making it suitable for various market conditions and trading styles.
3. Efficiency
- Real-time alerts and visual signals minimize response times, enabling traders to capitalize on opportunities as they arise.
4. Enhanced Trading Conditions
- When utilizing the Fibonacci number 144 on a daily chart, the indicator facilitates optimal trading conditions:
- "The entry was made before the bubble began, using 144 as the Fibonacci variable."
- "The exit occurred right before the bubble burst, or alternatively, a short position was initiated."
- "When the next bubble started, a long entry was made again."
- "Despite some lag, the position was exited and a long entry was made."
- "The exit or short entry took place at the second double top peak."
- "A short position was already established before the double top formation occurred."
- On a 4-hour chart, traders can effectively set stop losses at HMA levels, achieving a risk-reward ratio between 4 and 8.
- Additionally, analyzing the 15-minute chart with a multi-timeframe approach allows for more precise entry points.
Conclusion
The Multi-Timeframe EHMA, HMA, and Midline with Fill script is a robust tool for traders looking to enhance their technical analysis capabilities. By combining multiple moving averages with a dynamic midline and alert system, this indicator offers a comprehensive approach to understanding market trends. Its flexibility, clarity, and efficiency make it an invaluable asset for both novice and experienced traders alike.
Important Note
As with any trading tool, it is crucial to conduct thorough analysis and risk management when using this indicator. Past performance does not guarantee future results, and traders should always be prepared for potential market fluctuations.
MTF RSI+CMO PROThis RSI+CMO script combines the Relative Strength Index (RSI) and Chande Momentum Oscillator (CMO), providing a powerful tool to help traders analyze price momentum and spot potential turning points in the market. Unlike using RSI alone, the CMO (especially with a 14-period length) moves faster and accentuates price pops and dips in the histogram, making price shifts more apparent.
Indicator Features:
➡️RSI and CMO Combined: This indicator allows traders to track both RSI and CMO values simultaneously, highlighting differences in their movement. RSI and CMO values are both plotted on the histogram, while CMO values are also drawn as a line moving through the histogram, giving a visual representation of their relationship. The often faster-moving CMO accentuates short-term price movements, helping traders spot subtle shifts in momentum that the RSI might smooth out.
➡️Multi-Time Frame Table: A real-time, multi-time frame table displays RSI and CMO values across various timeframes. This gives traders an overview of momentum across different intervals, making it easier to spot trends and divergences across short and long-term time frames.
➡️Momentum Chart Label: A chart label compares the current RSI and CMO values with values from 1 and 2 bars back, providing an additional metric to gauge momentum. This feature allows traders to easily see if momentum is increasing or decreasing in real-time.
➡️RSI/CMO Bullish and Bearish Signals: Colored arrow plot shapes (above the histogram) indicate when RSI and CMO values are signaling bullish or bearish conditions. For example, green arrows appear when RSI is above 65, while purple arrows show when RSI is below 30 and CMO is below -40, indicating strong bearish momentum.
➡️Divergences in Histogram: The histogram can make it easier for traders to spot divergences between price and momentum. For instance, if the price is making new highs but the RSI or CMO is not, a bearish divergence may be forming. Similarly, bullish divergences can be spotted when prices are making lower lows while RSI or CMO is rising.
➡️Alert System: Alerts are built into the indicator and will trigger when specific conditions are met, allowing traders to stay informed of potential entry or exit points based on RSI and CMO levels without constantly monitoring the chart. These are set manually. Look for the 3 dots in the indicator name.
How Traders Can Use the Indicator:
💥Identifying Momentum Shifts: The RSI+CMO combination is ideal for spotting momentum shifts in the market. Traders can monitor the histogram and the CMO line to determine if the market is gaining or losing strength.
💥Confirming Trade Entries/Exits: Use the real-time RSI and CMO values across multiple time frames to confirm trades. For instance, if the 1-hour RSI is above 70 but the 1-minute RSI is turning down, it could indicate short-term overbought conditions, signaling a potential exit or reversal.
💥Spotting Divergences: Divergences are critical for predicting potential reversals. The histogram can be used to spot divergences when RSI and CMO values deviate from price action, offering an early signal of market exhaustion.
💥Tracking Multi-Time Frame Trends: The multi-time frame table provides insight into the market’s overall trend across several timeframes, helping traders ensure their decisions align with both short and long-term trends.
RSI vs. CMO: Why Use Both?
While both RSI and CMO measure momentum, the CMO often moves faster with a value of 14 for example, reacting to price changes more quickly. This makes it particularly effective for detecting sharp price movements, while RSI helps smooth out price action. By using both, traders get a clearer picture of the market's momentum, particularly during volatile periods.
Confluence and Price Fluidity:
One of the powerful ways to enhance the effectiveness of this indicator is by using it in conjunction with other technical analysis tools to create confluence. Confluence occurs when multiple indicators or price action signals align, providing stronger confirmation for a trade decision. For example:
🎯Support and Resistance Levels: Traders can use RSI+CMO in combination with key support and resistance zones. If the price is nearing a support level and RSI+CMO values start to signal a bullish reversal, this alignment strengthens the case for entering a long position.
🎯Moving Averages: When the RSI+CMO signals a potential trend reversal and this is confirmed by a crossover in moving averages (such as a 50-day and 200-day moving average), traders gain additional confidence in the trade direction.
🎯Momentum Indicators: Traders can also look for momentum indicators like the MACD to confirm the strength of a trend or potential reversal. For instance, if the RSI+CMO values start to decrease rapidly while both the RSI+CMO also shows overbought conditions, this could provide stronger confirmation to exit a long trade or enter a short position.
🎯Candlestick Patterns: Price fluidity can be monitored using candlestick formations. For example, a bearish engulfing pattern with decreasing RSI+CMo values offers confluence, adding confidence to the signal to close or short the trade.
By combining the MTF RSI+CMO PRO with other tools, traders ensure that they are not relying on a single indicator. This layered approach can reduce the likelihood of false signals and improve overall trading accuracy.
MTF Breaker Blocks [SMRT Algo]The SMRT Algo Breaker Blocks (BBs) indicator offers an advanced methodology for traders by highlighting breaker blocks, a critical concept in technical analysis that indicates potential areas of support and resistance. This indicator not only identifies these key zones but also integrates breakout signals and premium/discount swing levels to guide traders in setting take profit and stop loss targets. The system includes customizable alerts for each signal, ensuring that traders are promptly notified of important market events.
Breaker blocks are identified after a mitigated order block, which signifies a change in polarity—where a previous resistance turns into support or vice versa (or previous demand turned supply).
The indicator uses price action analysis to determine these zones, which are crucial for identifying potential reversal points or continuation patterns. By focusing on these areas, traders can anticipate where significant price reactions are likely to occur.
Features:
Bullish Breaker Blocks: A bullish BB is generated when a previous supply zone is broken. This setup indicates that the market may be transitioning from a downtrend to an uptrend.
Bearish Breaker Blocks: A bearish BB is created when a previous demand zone is broken, thus creating a new bearish BB. This scenario suggests a potential shift from an uptrend to a downtrend.
Sensitivity: Traders can adjust the indicator’s sensitivity, influencing how it detects swings and constructs breaker blocks. Higher sensitivity results in shorter-term breaker blocks, while lower sensitivity focuses on longer-term BBs.
Alerts: Alerts can be configured for each signal type, ensuring that traders are notified of potential opportunities in real time.
Traders can utilize Breaker Block (BB) zones in multiple strategic ways to enhance their trading decisions:
Profit Targets: BB zones can serve as predefined areas where traders look to take profits. Since these zones represent significant levels of potential support or resistance, they are logical points where the price might reverse or consolidate. By targeting these zones, traders can set realistic and strategic exit points that align with the market's natural behavior, thereby optimizing their profit-taking strategy.
Risk Management: Using BB zones for profit targets also assists in managing risk, as it allows traders to plan their trades with a clear understanding of where they expect the market to move. This foresight helps in setting stop-loss levels relative to the BB zones, creating a balanced risk-reward profile for each trade.
Entry Points & Anticipating Reversals: BB zones are ideal entry points for trades because they highlight areas where a change in price direction is likely. Traders can enter long positions near a BB zone acting as support or short positions near a BB zone acting as resistance. This approach leverages the natural tendency of prices to respect these significant levels, increasing the probability of entering a trade just as the market begins to move in the desired direction.
Confirmation with Additional Indicators: While BB zones can be strong standalone signals, their effectiveness can be further enhanced when used in conjunction with other technical indicators, such as moving averages, RSI, or MACD. This combined approach can provide additional confirmation and improve the reliability of the entry signals, making it a versatile tool in a trader's arsenal.
Inputs:
Timeframe: Changes the Breaker Block timeframe
Sensitivity: Adjust the sensitivity of the BB zones. A smaller value will lead to fewer zones generated on the chart, and a higher value will lead to more zones shown.
Width: Adjust the width (size) of the zones. A smaller value will result in smaller zones, while a larger value will result in larger zones.
Color: Freely adjust the color of bullish and bearish breaker blocks.
Breaker Block Length: Adjust the offset (to the right) of the breaker block zones.
Timeframe Label: The timeframe label is displayed on the top right corner, and can be turned on/off. It shows the timeframe of the MTF Breaker Block. The position and size of the label can also be adjusted.
By incorporating BB zones into their trading strategy, traders can develop a more structured and disciplined approach to both entering and exiting trades, leveraging the unique characteristics of these zones to optimize their trading outcomes.
These components collectively create a system for identifying and trading market reversals and continuations. The breaker blocks provide a structural basis, highlighting areas of potential price reaction.
SMRT Algo’s proprietary approach to identifying and confirming breaker blocks, coupled with our comprehensive alert system, offers a significant edge over standard indicators. This indicator not only provides signals but also embeds a complete trading framework, guiding users through both entry and exit processes with built-in risk management.
Multi-Timeframe Breaker Blocks by SMRT delivers precise and actionable insights making it a valuable asset for serious traders. Traders receive a tool that is both powerful and user-friendly, capable of enhancing their trading performance and decision-making process.
The SMRT Algo Suite offers a comprehensive set of tools and features that extend beyond the capabilities of standard or open-source indicators, providing significant additional value to users.
SMRT Algo Suite includes:
Advanced Customization: Users can customize various aspects of the indicator, such as toggling the confirmation signals on or off and adjusting the parameters of the MA Filter. This customization enhances the adaptability of the tool to different trading styles and market conditions.
Enhanced Market Understanding: The combination of pullback logic, dynamic S/R zones, and MA filtering offers traders a nuanced understanding of market dynamics, helping them make more informed trading decisions.
Unique Features: The specific combination of pullback logic, dynamic S/R, and multi-level TP/SL management is unique to SMRT Algo, offering features that are not readily available in standard or open-source indicators.
Educational and Support Resources: As with other tools in the SMRT Algo suite, this indicator comes with comprehensive educational resources and access to a supportive trading community, as well as 24/7 Discord support.
The educational resources and community support included with SMRT Algo ensure that users can maximize the indicators’ potential, offering guidance on best practices and advanced usage.
SMRT Algo believe that there is no magic indicator that is able to print money. Indicator toolkits provide value via their convinience, adaptibility and uniqueness. Combining these items can help a trader make more educated; less messy, more planned trades and in turn hopefully help them succeed.
RISK DISCLAIMER
Trading involves significant risk, and most day traders lose money. All content, tools, scripts, articles, and educational materials provided by SMRT Algo are intended solely for informational and educational purposes. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
