StO Price Action - Panel Trend Alignment [Light]
- Panel-based candle coloring indicator for multi-timeframe trend alignment
- Bullish / bearish states across up to 7 timeframes
- Designed to quickly assess directional confluence
Full Description
Overview
- This indicator displays trend alignment as colored bars in a dedicated panel
- Each bar represents the directional state (bull / bear) of a selected timeframe
- Focused on fast visual confirmation of multi-timeframe bias
Timeframe Configuration
- Supports up to 7 independent timeframes
- Each timeframe can:
- Follow the chart timeframe or use a fixed resolution
- Be shown or hidden individually
- Use custom bull and bear colors
- Automatic hiding first if a timeframe duplicates another active one
Trend State Logic
- Each timeframe resolves into a binary state Bullish or Bearish
- States are visualized as colored panel candles / blocks
- Real-time mode optionally updates last
Visual Encoding
- Bullish states use configurable green-based colors
- Bearish states use configurable red-based colors
Alerts
- Optional alert per timeframe
- Alerts trigger on directional changes
Usage
- Identifying multi-timeframe trend confluence
- Filtering trades to align with dominant structure
- Quick bias check before execution on lower timeframes
Notes
- Panel reflects trend state not entry signals
- Real-time mode show updates before bar close
- Best used together with structure and levels
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact sto_svc directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact sto_svc directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.