n.bhaskar1993

MTF Trend Based on Price Action

Multi-Timeframe Trend indicator identifies the trend based on pure Price Action.

If the market makes higher lows and higher highs, the indicator plots a blue dot (indicating UP Trend).
And if the market makes lower lows and lower highs, the indicator plots a black dot (indicating DOWN Trend).
MTF Trend indicator plots instantaneous trend of 10 different time-frames. It divides the timeframe bands into Short, Medium and Long Term trends.
The indicator plots a signal cross below their respective trend bands when all timeframes in their band synchronize.
If all the three bands, short-medium-long, synchronize, the indicator plots a signal circle below the in indicator.
The topmost line plots the trend in the current chart.

Good Luck Trend Traders...
Remove from Favorite Scripts Add to Favorite Scripts
Hi, are we able to screen with this script? So like we can scan when the circles go green?
Reply
woooow, you are awesome
+2 Reply
This indicator is the sh*t, i use it while trading nadex, nothing but profit
Reply
Hi. I do not know how to copy a script into mt4, however I do know how to download and apply .ex or .mq4 indicators. Would this indicator be available in either of those formats? Thank you. Mirrella.
Reply
@Mirrella, This is purely a tradingview script. I have never used metatrader before, so i am not familiar with their structure. Maybe you can find someone to code it for you. Anyway good luck.
Reply
Mirrella n.bhaskar1993
@n.bhaskar1993, Thank you for responding. I'll keep learning.Mirrella.
Reply
Hi n.bhaskar1993, great work thx, will let you know how it works after this week. I tried to figure out how to make a trigger for Binary especially the expiries as that has been hampering my trading for a while now.
I am sure that when all the dots line up for the 15 and 30 min that will be good trades...and watching the cloud...
Reply
@conradbr, If you get a signal, be sure to check other timeframes if it is true. Good luck on your trades.
Reply
Great work thanks for sharing
Reply
@TASAVANT, Thankyou
Reply
India
United States
United Kingdom
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out