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.
Search in scripts for "mtf"
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 Market Bias+ (Smart Multi-Timeframe Trend Dashboard)The MTF Market Bias+ indicator provides a clear, data-driven view of market direction across multiple timeframes — from scalper to swing trader level.
It automatically calculates the bullish / bearish / neutral bias for each selected timeframe using various configurable methods such as EMA slope, price vs EMA, or EMA50 vs EMA200.
This tool gives you an instant overview of market alignment and helps you identify when lower and higher timeframes are in sync — the most powerful condition for high-probability trades.
🔍 Core Features
✅ Multi-Timeframe Bias Dashboard: Visual table showing bullish/bearish sentiment across your chosen timeframes (from 3m to 1W).
⚙️ Customizable Methods: Choose between
EMA Slope (default) → detects trend direction by EMA momentum
Price vs EMA → shows short-term strength or weakness
EMA50 vs EMA200 → classic golden cross vs death cross structure
🎨 Configurable Colors, Size & Layout: Adjust background, text, and label sizes for any chart style.
📊 Summary Row: Displays the majority trend (bullish, bearish, or neutral) with real-time score.
🧩 Adaptive Background Mode (optional): Automatically colors your chart background according to overall bias.
💡 Method Info Panel: Clearly shows which method and parameters are active (e.g. “EMA Slope | EMA=50”).
📈 How to Use
Add the indicator to your chart.
Select the timeframes you want to monitor (e.g. 3m, 5m, 15m, 1h, 4h, D, W).
Watch for alignment between lower and higher timeframes:
When all turn green → strong bullish alignment → consider longs.
When all turn red → strong bearish alignment → consider shorts.
Mixed colors indicate consolidation or correction phases.
Combine it with your favorite Fair Value Gap, CHOCH/BOS, or Liquidity Sweep strategy to significantly improve trade timing and confidence.
🧩 Author’s Note
This indicator is designed for traders who want fast, visual confirmation of multi-timeframe structure without cluttering their charts.
It’s simple, lightweight, and highly adaptable — whether you’re scalping on 3-minute charts or swing trading daily candles.
MTF TR HelperThe “MTF TR Helper” is a TradingView indicator that displays TC888’s Time Rotation (TR) slots for the London and New York sessions. It’s designed for intraday traders who want precise timing references based on TC888’s method.
It marks expert-level (orange) and sweetspot (green) TR timings directly on the chart using small visual cues. These slots help identify potential points of interest during active market hours. The script is optimized for lower timeframes and automatically filters out markers on higher timeframes to reduce clutter.
Key Features:
• 🔶 Orange lines = Expert TR slots (per TC888)
• 🟢 Green lines = Sweetspot TR slots (per TC888)
• ⚪ Dots = Hourly rotation points, including new 4-hour bars
• 📈 Works best on 1m and 5m charts; adapts visibility based on timeframe
• 🕒 Built on London and New York time zone references
This tool follows the timing logic of TC888, offering a clean and practical way to stay aligned with key session-based rotations.
MTF Trend Dashboard LITE (Daily & 4H)Overview
The MTF Trend Dashboard LITE by G.C provides instant directional clarity between the Daily and 4-Hour timeframes using refined EMA (9 / 21) logic.
It’s built for traders who want simple, accurate trend confirmation without switching between multiple charts.
Why It Matters
One of the biggest causes of trading errors is timeframe conflict — seeing a bullish setup on one chart and a bearish signal on another.
This tool solves that problem by showing both the Daily and 4H structure side-by-side, using objective EMA-based logic.
When both agree, bias is strong. When they conflict, it’s a signal to wait.
Core Features
• Two-timeframe dashboard ( Daily + 4H )
• Non-repainting EMA (9 / 21) logic
• Color-coded states ( Bullish / Bearish / Neutral )
• Lightweight and easy to read
• Adjustable panel position: Top Right / Top Left / Bottom Right / Bottom Left
How to Use
Add the indicator to any chart.
Wait for both timeframes to align before entering trades.
Mixed signals often indicate sideways or transitional markets.
Combine with your existing trading strategy for confirmation.
Trend Condition Glossary
▲ STRONG BULLISH – EMA(9) well above EMA(21) and both sloping upward. Strong upward momentum with price above both EMAs.
BULLISH – EMA(9) above EMA(21) but weaker slope or price confirmation. Moderate uptrend or early recovery.
NEUTRAL – EMAs crossing or flat. Market lacks structure — consolidation or indecision.
▼ BEARISH – EMA(9) below EMA(21) with limited slope. Mild correction or early reversal.
▼ STRONG BEARISH – EMA(9) below EMA(21), both sloping down, price below both. Strong downtrend, clear seller control.
Who It’s For
Traders who want a clean, no-noise confirmation tool to simplify directional bias decisions in swing and intraday setups.
Disclaimer
This indicator is for analytical and educational purposes only. Always trade with discipline, patience, and sound risk management.
MTF-RISK [Module+]Description
MTF-RISK is a futures risk management tool that calculates standardized position sizing across multiple CME micro contracts, anchored to higher-timeframe structure. By combining multi-timeframe reference levels with a contract-based dollar-per-point model, it allows traders to maintain consistent risk across different futures markets.
Example:
User has selected the 1H timeframe for the risk table. Once an hourly candle closes, the high and low of that completed hour are locked as reference boundaries.
Lower timeframe candles (e.g., 1m, 5m, 15m) reference these established 1H boundaries to calculate:
Distance in points from the current close to the HTF high or low.
Corresponding dollar risk based on the user-defined Max Risk per Trade ($) setting.
The risk table updates in real-time, showing the current stop distance, calculated contract size, and resulting risk in dollars for both upward and downward directions.
Benefit: Traders always maintain a fixed dollar risk, regardless of intraday price movement, while using HTF structure as the anchor for accurate and consistent position sizing.
1. Higher Timeframe Anchor
Always uses the last fully closed candle from the selected higher timeframe (default: 60m).
Captures the prior HTF high and low as reference boundaries.
Lower timeframe closers (e.g., 1m, 5m, 15m bars) reference these established HTF boundaries to measure stop distances and calculate risk.
Use: Ensures all position sizing is tied to completed HTF structure, providing a consistent framework for intraday trades.
2. Risk Model Engine
Traders define maximum dollar risk per trade.
The system calculates allowable micro contracts based on stop distance (current close → HTF high/low).
Supported contracts and their point values:
MNQ (Micro Nasdaq 100): $2.00 per point
MES (Micro S&P 500): $5.00 per point
MYM (Micro Dow Jones): $0.50 per point
MGC (Micro Gold): $10.00 per point
Formula:
Contracts = Max Risk ÷ (Stop Distance × TSE:VALUE per Point)
Risk ↑: Based on distance to HTF high.
Risk ↓: Based on distance to HTF low.
Use: Provides consistent dollar risk sizing across different futures contracts and multiple intraday timeframes.
3. Risk Table Overlay
Compact, real-time on-chart table with customizable styling.
Columns:
OP: Operation time (adjusted by user’s timezone offset).
Points ↑ / ↓: Stop distances in points relative to HTF boundaries.
Risk ↑ / ↓ ($): Dollar exposure at those stops.
Micros ↑ / ↓: Allowable contract count.
Asset: Displays selected futures contract in the header.
Custom features:
Independent text/background colors per column.
Highlighted latest row for clarity.
Adjustable outline, row colors, and text size.
Use: Gives traders immediate insight into position sizing without leaving the chart.
Intended Use:
This is a risk visualization module, not a trade signal generator. Traders can use it to:
Standardize risk sizing across multiple CME micro futures.
Quickly evaluate trade setups relative to HTF structure.
Measure stop distances from lower timeframe closes while referencing HTF boundaries.
Maintain consistency in risk management regardless of the instrument traded.
Limitations & Disclaimers:
Calculations assume standard CME tick values for MNQ, MES, MYM, and MGC.
Other markets may not align with these dollar-per-point values.
This indicator does not predict direction, generate entries, or guarantee outcomes.
For educational and informational purposes only.
Trading involves risk; always use proper risk management.
Closed-source (Protected): Logic is visible on charts, but source code is hidden.
MTF QFG (Quarter Fib Grid)The MTF QFG (Quarter Fib Grid) calculates quarter Fibonacci levels based on the previous daily, weekly, or monthly high/low. These levels act as potential support and resistance zones. Suitable for scalping, swing trading, or identifying key price reactions.
BUY & SELL Probability (M5..D1) - MTFMTF Probability Indicator (M5 to D1)
Indicator — Dual Histogram with Buy/Sell Labels
This indicator is designed to provide a probabilistic bias for bullish or bearish conditions by combining three different analytical components across multiple timeframes. The goal is to reduce noise from single-indicator signals and instead highlight confluence where trend, momentum, and strength agree.
Why this combination is useful
- EMA(200) Trend Filter: Identifies whether price is trading above or below a widely used long-term moving average.
- MACD Momentum: Detects short-term directional momentum through line crossovers.
- ADX Strength: Measures how strong the trend is, preventing signals in weak or flat markets.
By combining these, the indicator avoids situations where one tool signals a trade but others do not, helping to filter out low-probability setups.
How it works
- Each timeframe (M5, M15, H1, H4, D1) generates its own trend, momentum, and strength score.
- Scores are weighted according to user-defined importance and then aggregated into a single probability.
- Proximity to recent support and resistance levels can adjust the final score, accounting for nearby barriers.
- The final probability is displayed as:
- Histogram (subwindow): Green bars for bullish probability >50%, red bars for bearish <50%.
- On-chart labels: Showing exact buy/sell percentages on the last bar for quick reference.
Inputs
- EMA length (default 200), MACD settings, ADX period.
- Weights for each timeframe and component (trend, momentum, strength).
- Optional boost for the chart’s current timeframe.
- Smoothing length for probability values.
- Lookback period for support/resistance adjustment.
How to use it
- A green histogram above zero indicates bullish probability >50%.
- A red histogram below zero indicates bearish probability >50%.
- Neutral readings near 50% show low confluence and may be best avoided.
- Users can adjust weights to emphasize higher or lower timeframes, depending on their trading style.
Notes
- This script does not guarantee profitable trades.
- Best used together with price action, volume, or additional confirmation tools.
- Signals are calculated only on closed bars to avoid repainting.
- For testing and learning purposes — not financial advice.
MTF MidpointsOverview :
The MTF Midpoints indicator provides comprehensive multi-timeframe analysis by displaying mid points that act as support / resistance. It also comes with the ability to view trend strength across multiple timeframes.
Key Features :
1) Multi-Timeframe Support -
- 1 Minute, 5 Minute, 15 Minute, 1 Hour, and 4 Hour timeframes.
- Each timeframe displays its calculated midpoint level.
- Toggle individual timeframes on/off as needed.
2) Dynamic Trend Calculation
- Calculates trend direction based on configurable lookback period (default: 30 bars).
- Identifies swing highs and lows to determine trend changes.
- Computes midpoint levels as the average between current swing high and low.
- Tracks price action relative to midpoint to gauge trend strength.
3) Visual Elements -
- Colored Lines : Each timeframe displays as a distinct colored line.
- Fill Areas : Main timeframe shows colored fills above and below midpoint.
- Info Table : Real-time summary of all timeframe data with trend percentages.
4) Customization Options -
- Colors : Individual color settings for each timeframe.
- Display : Adjustable line width, label sizes, and positioning.
- Labels : Toggle price display in labels, customize text color and size.
- Info Table: Configurable info table with trend strength indicators.
How It Works :-
The indicator uses a proprietary algorithm that:
1. Monitors price action over a specified lookback period.
2. Identifies trend direction changes based on new highs/lows.
3. Calculates dynamic support/resistance levels (midpoints).
4. Tracks closes above/below midpoint to determine trend bias.
5. Displays trend strength as a percentage in both table and candle colors.
Trading Applications :-
- Confluence Analysis : Identify where multiple timeframe midpoints align.
- Support/Resistance : Use midpoints as dynamic S/R levels.
- Trend Assessment : Gauge trend strength across different timeframes.
- Entry/Exit Points : Look for price reactions at key midpoint levels.
- Risk Management : Use midpoints to set stop losses and profit targets.
Disclaimer :
This indicator is for educational and analysis purposes. It does not constitute financial advice. Always conduct your own research and consider your risk tolerance before making trading decisions. Past performance does not guarantee future results.
MTF Vegas Tunnels & Pivot PointsThis indicator is a professional-grade multi-timeframe confluence tool combining two highly complementary trading frameworks:
Vegas Tunnels (EMA-based trend zones)
Pivot Points (market structure levels across multiple timeframes)
Its purpose is to help traders:
Read market direction with clarity
Spot key reaction zones before they happen
Combine dynamic trend with static structure
All in one compact and fully customizable tool.
🔍 What This Indicator Shows
🌀 MTF Vegas Tunnels – Trend Momentum Zones
Vegas Tunnels are dynamic trend zones built from a trio of long-term exponential moving averages: EMA 144, 169, and 233. These specific EMAs are widely used in trend-following strategies to filter noise and focus on the core direction of the market.
They are used to identify:
The dominant market trend
Pullback or breakout zones within that trend
Dynamic support/resistance areas where price may bounce, consolidate, or reverse
This script allows you to activate up to 6 Vegas tunnels, each linked to a different timeframe: 5 min, 15 min, 1H, 4H, 1D, 3D (fully customizable)
Each tunnel displays three curves :
Low = potential dynamic support (EMA 233)
Middle = trend core zone (EMA 169)
High = potential dynamic resistance (EMA 144)
By plotting these moving averages together, the indicator forms a tunnel that visually guides you through trending environments.
Each timeframe is color-coded for clarity, helping you quickly assess the trend structure across multiple layers of the market.
🧱 Pivot Points – Market Structure Mapping
Pivot Points are price levels used by institutional traders to track where price is likely to react. This tool includes pivot levels from four timeframes :
Daily
Weekly
Monthly
Yearly
For each timeframe, you can select which levels to display :
Pivot (P)
Support 1 (S1) / Resistance 1 (R1)
Up to S5/R5 if desired
These levels are plotted as horizontal lines with labels, making it easy to :
See confluence zones between different timeframes
Anticipate reaction areas with higher accuracy
Align trend with market structure
⚙️ Customization Features
Enable/disable tunnels individually by timeframe
Choose pivot timeframes and levels to show
Adjust visual style: label names, line thickness, max levels per timeframe
Customize colors for every curve and pivot group
The indicator is designed to be clean, modular, and non-intrusive, adaptable to any trading style.
🎯 Why Use This Indicator ?
This tool is ideal for traders who want to :
Trade with the trend, not against it
Identify high-probability zones for entry/exit
See how multiple timeframes align in one chart
Make better decisions by combining momentum and structure
Whether you're a scalper using intraday pivots and 5min tunnels, or a swing trader watching weekly zones and 4H trends — this script gives you a full tactical view.
MTF Stochastic Trendline Drawing Trendlines Using Stochastic on Multi-Timeframes (MTF)
Instead of drawing trendlines directly on price charts, this method focuses on drawing trendlines on the Stochastic Oscillator (%K line) to analyze momentum trends across different timeframes.
The Stochastic Oscillator measures momentum — how strong or weak price movements are. By analyzing its shape and direction across multiple timeframes, and drawing trendlines on the %K line, you can better understand potential market reversals, continuation points, or breakout signals.
MTF MinichartsHello friends,
I'm excited to share another unique tool with you — the MTF Minicharts indicator. This script lets you display multiple mini candlestick charts directly on your main chart, using data from different tickers and timeframes at the same time. It's designed to give you a clear multi-timeframe, multi-asset perspective — all in one place.
There are no complicated setups: just select your tickers, pick your timeframes, and the minicharts are ready to go. You can even apply one timeframe to all tickers with a single switch — making your workflow simple and efficient.
🛠️ How It Works
The script pulls price data for up to six different tickers and timeframes and displays them as compact candle charts inside your main chart window. You can choose to set each minichart's timeframe individually, or apply one timeframe to all tickers instantly. Fully customizable layout options let you arrange your minicharts in flexible grids — from 1×1 up to 3×2 and beyond. A total of 13 grid layouts are available, so you can adapt the view exactly to your screen and style. Each minichart can display 2 to 21 candles , giving you just the right balance between detail and space. Candlestick styling, spacing, last price lines, and ticker labels are all adjustable, so you can fine-tune your view to your exact needs.
🔥 Key Features
Pine Script v6 — Uses the latest version for maximum performance
Multi-Timeframe, Multi-Ticker — Combine up to six charts, mixing tickers and timeframes as you wish
Single-Timeframe Mode — Apply one timeframe to all tickers with a single click
13 Grid Layouts — Choose from multiple layout options for clean positioning on your main chart
Custom Candles per Chart — Display anywhere from 2 to 21 candles in each minichart
Overlay or Subpanel Mode — Choose whether your minicharts overlay the price or sit in a subpanel
Custom Candles Styling — Adjust body width, wick width, and colors to match your style
Last Price Lines — Optional last price marker for each minichart, with style and width controls
Clear Ticker Labels — Show performance metrics in various formats
Optimized Performance — Efficient rendering for smooth operation, even with multiple charts
Universal Compatibility — Works flawlessly across all assets, timeframes, and market conditions
📸 Visual Examples
Subpanel mode with 1x6 layout
Combination of two instances gives you a mini screener
If you'd like access or have any questions, feel free to reach out to me directly via DM.
👋 Good luck and happy trading!
MTF Order Flow DashboardThe MTF Order Flow Dashboard is a compact, real-time table overlay that provides an at-a-glance view of market structure across three key timeframes:
✅ 1-Minute
✅ 5-Minute
✅ 1-Hour
//If extra 1 min is added to candle closure countdown wait till next tick for correction//
This tool is designed to help traders quickly assess directional bias, detect structure shifts, and stay aware of upcoming candle closes — a powerful aid for scalping, day trading, or momentum-based strategies.
Pivot-Based Market Structure Detection
Uses user-defined pivot length to determine if the market is showing a Bullish, Bearish, or Neutral structure on each timeframe.
Color-Coded Structure
Easily visualize the current trend per timeframe:
🟢 Bullish | 🔴 Bearish | ⚪ Neutral
Live Candle Countdown Timers
Displays time remaining until the next candle close for each timeframe, using timenow for near real-time updates (as fast as ticks arrive).
Compact Table Display
Non-intrusive table displayed in the top-right of your chart with clean formatting for fast decision-making.
Built-in Alerts
Optional alerts when all timeframes align bullish or bearish, giving potential trade setup signals.
Inputs:
Select timeframes for structure analysis (1m, 5m, 1h)
Adjust pivot sensitivity with the Pivot Length input
MTF PO3 Big Candle By Rouro📊 MTF PO3 Big Candle By Rouro
This indicator allows you to visualize candles from higher timeframes (HTF) directly on lower timeframe charts.
It draws:
📉 Past candles from the selected HTF.
📈 A projected current candle of a chosen timeframe, extended to the right of the chart.
It's ideal for traders who want to align decisions on lower timeframes with key HTF structures.
⚙️ Inputs & Configuration
🕐 Past Candle Timeframe
Selects the timeframe to visualize historical candles.
(e.g., 4H on a 5-minute chart)
📅 Projected Candle Timeframe
Chooses the timeframe for the current (live) candle that is drawn to the right of the chart.
(e.g., 1D)
➡️ Right Displacement (bars)
Controls how far to the right the projected candle is drawn.
🟩 Bullish Body Color
Defines the color of bullish candle bodies.
🟥 Bearish Body Color
Defines the color of bearish candle bodies.
🔵 Wick Color
Color of the high/low wicks.
🔲 Body Transparency (0–100)
Controls the transparency of the candle body fill.
📌 Show Wicks
Enables or disables drawing of the wicks on all candles.
💡 Notes
If the projected candle is from a very large timeframe (e.g., 1D) and you are on a small timeframe (e.g., 5m), the projection length is limited to avoid overlapping the chart.
All candle shapes update in real time.
The indicator is optimized for performance and includes fail-safes for TradingView's limits.
💬 Support
If you have any questions, feel free to ask in the comments.
If this indicator has been useful or valuable for your trading, please leave a comment saying so — your feedback helps the community and supports the publication process.
✅ Compliant with TradingView’s house rules: No ads, sales, links, or misleading claims.
📌 This is a visual utility tool designed to support multi-timeframe analysis.
MTF Pivot Fib Speed Resistance FansOverview
This Pine Script indicator, titled "MTF Pivot Fib Speed Resistance Fans", is a multi-timeframe tool that automatically plots Fib Speed Resistance Fan lines based on pivot structures derived from higher timeframes. It mirrors the functionality of TradingView’s built-in “Fib Speed Resistance Fan” drawing tool, but in a dynamic, programmatic way. It uses pivot highs and lows to anchor fan projections, drawing forward-facing trend lines that align with well-known Fibonacci ratios and their extensions.
Pivot Detection Logic
The script identifies pivots by comparing the current bar’s high and low against the highest and lowest prices over a user-defined pivot period. This pivot detection occurs on a higher timeframe of your choice, giving a broader and more strategic view of price structure. The script tracks direction changes in the pivot trend and stores only the most recent few pivots to maintain clean and meaningful fan drawings.
Fan Direction Control
The user can select whether to draw fans for "Buys", "Sells", or "Both". The script only draws fan lines when a new directional move is detected based on the pivot structure and the selected bias. For example, in “Buys” mode, a rising pivot followed by another higher low will trigger upward fan projections.
Fib Speed Resistance Levels
Once two pivots are identified, the script draws multiple fan lines from the first pivot outward, at angles defined by a preset list of Fibonacci levels. These fan lines help visualize speed and strength of a price move.
The script also draws a horizontal line from the pivot for additional confluence at the base level (1.0).
Price Level Plotting
In addition to drawing fan lines, the indicator also plots their price levels on the right-hand price scale. This makes it easier for users to visually reference the projected support and resistance levels without needing to trace the lines manually across the chart.
Mapping to TradingView’s "Fib Speed Resistance Fan"
The expanded set of values used in this script is not arbitrary—they closely align with the default and extended levels available in TradingView's built-in "Fib Speed Resistance Fan" tool.
TradingView’s Fib Fan tool offers several levels by default, including traditional Fibonacci ratios like 0.382, 0.5, 0.618, and 1. However, if you right-click the tool and open its settings, you’ll find additional toggles for levels like 1.618, 2.000, 2.618, and even 4.000. These deeper levels are used to project stronger trend continuations beyond the standard retracement zones.
The inclusion of levels such as 0.25, 0.75, and 1.34 reflects configurations that are available when you manually add or customize levels in TradingView’s fan tool. While 1.34 is not a canonical Fibonacci ratio, it is often found in hybrid Gann/Fib methods and is included in some preset templates in TradingView’s drawing tool for advanced users.
By incorporating these levels directly into the Pine Script, the indicator faithfully reproduces the fan structure users would manually draw using TradingView’s graphical Fib Fan tool—but does so programmatically, dynamically, and with multi-timeframe control. This eliminates manual errors, allows for responsive updating, and adds custom visual tracking via the price scale.
These values are standardized within the context of TradingView's Fib Fan tool and not made up. This script automates what the manual drawing tool achieves, with added precision and flexibility.
MTF MACD 4-Color Momentum System🎯 Overview
The MTF MACD 4-Color Momentum System is an advanced MACD indicator that provides crystal-clear momentum visualization through an innovative 4-color state system. Unlike traditional MACD indicators that only show positive/negative values, this indicator identifies four distinct market states to help traders make more informed decisions.
📊 Key Features
1. Four-State Color System:
🟢 Lime: Above zero + Rising (Strong Bullish Momentum)
🟢 Dark Green: Above zero + Falling (Weakening Bullish Momentum)
🔴 Red: Below zero + Falling (Strong Bearish Momentum)
🔴 Maroon: Below zero + Rising (Weakening Bearish Momentum)
2. Multi-Timeframe Analysis:
View higher timeframe MACD on lower timeframe charts
Confirm trends across multiple timeframes
Reduce false signals with multi-timeframe confluence
3. Flexible Display Options:
Three visualization styles: Histogram, Columns, or Line
Toggle individual color states on/off
Customizable colors and line widths
4. Advanced Features:
Optional histogram smoothing to reduce noise
Zero-cross alerts with visual markers
Color state change alerts
Real-time value display
Customizable signal line overlay
💡 How to Use
1. Momentum Identification:
Lime bars indicate strong upward momentum - ideal for long entries
Dark green suggests momentum is slowing - consider taking profits
Red bars show strong downward momentum - ideal for short entries
Maroon indicates potential reversal brewing - prepare for direction change
2. Zero Line Crosses:
Blue triangles mark bullish crosses above zero
Pink triangles mark bearish crosses below zero
Use these as confirmation signals with other indicators
3. Multi-Timeframe Confirmation:
Set to higher timeframe (e.g., 4H on 15m chart)
Look for alignment between timeframes before entering trades
Avoid trades against higher timeframe momentum
⚙️ Settings Guide
MACD Parameters:
Fast EMA: 12 (default) - Adjust for more/less sensitivity
Slow EMA: 26 (default) - Standard MACD setting
Signal: 9 (default) - Smoothing period
Display Customization:
Choose between Histogram, Columns, or Line display
Enable/disable specific color states
Adjust visual properties to match your chart theme
Alerts:
Zero cross alerts for trend changes
Color state alerts for momentum shifts
📈 Trading Strategies
1. Momentum Continuation:
Enter longs when MACD turns lime (above zero + rising)
Enter shorts when MACD turns red (below zero + falling)
Exit when color shifts to "weakening" state
2. Reversal Trading:
Watch for maroon in downtrends (potential bottom)
Watch for dark green in uptrends (potential top)
Confirm with price action and support/resistance
3. Multi-Timeframe Confluence:
Use daily MACD on 1H chart for trend direction
Enter on lower timeframe signals in direction of higher timeframe
Avoid counter-trend trades when higher timeframe shows strong momentum
🎓 Pro Tips
Combine with volume indicators for confirmation
Use with support/resistance levels for better entries
Enable smoothing in choppy markets to reduce false signals
Pay attention to divergences between price and MACD
⚠️ Risk Disclaimer
This indicator is for educational purposes only. Always use proper risk management and combine with other analysis methods. Past performance does not guarantee future results.