PROTECTED SOURCE SCRIPT
Multi-Timeframe Projection Pro
🧠 What It Is:
A predictive statistical projection tool that uses linear regression slope + correlation + ADX weighting to project likely future price direction and strength across multiple timeframes.
⚙️ How It Works:
Calculates the best-fit linear regression line on current timeframe (e.g., 1m–4h).
Computes slope to detect up/down momentum.
Calculates correlation × ADX = Confidence Strength.
|Correlation| = smoothness of price behavior.
ADX = trend intensity.
Projects the line forward by adaptive bars (15 for scalp / 35+ for swing).
It even scales projection distance based on volatility.
High confidence (>70%) → very likely directional continuation.
Low confidence (<40%) → sideways/choppy market.
📈 How to Use It:
Watch the projection line color:
🟢 Bright Green = strong bullish projection
🔴 Bright Red = strong bearish projection
Dashboard shows:
Mode (scalp/swing)
Confidence %
Correlation & ADX per TF
Higher TF assist value
Use it as confirmation — only take Supertrend signals in the same direction as MTP’s projection line slope.
A predictive statistical projection tool that uses linear regression slope + correlation + ADX weighting to project likely future price direction and strength across multiple timeframes.
⚙️ How It Works:
Calculates the best-fit linear regression line on current timeframe (e.g., 1m–4h).
Computes slope to detect up/down momentum.
Calculates correlation × ADX = Confidence Strength.
|Correlation| = smoothness of price behavior.
ADX = trend intensity.
Projects the line forward by adaptive bars (15 for scalp / 35+ for swing).
It even scales projection distance based on volatility.
High confidence (>70%) → very likely directional continuation.
Low confidence (<40%) → sideways/choppy market.
📈 How to Use It:
Watch the projection line color:
🟢 Bright Green = strong bullish projection
🔴 Bright Red = strong bearish projection
Dashboard shows:
Mode (scalp/swing)
Confidence %
Correlation & ADX per TF
Higher TF assist value
Use it as confirmation — only take Supertrend signals in the same direction as MTP’s projection line slope.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.