OPEN-SOURCE SCRIPT

MTF Market Structure Bias

597
Multi-TimeFrame Market Structure Bias

A customizable multi-timeframe trend and market structure indicator designed to help traders align higher timeframe directional bias with lower timeframe trend structure using EMA-based regime analysis.

This indicator uses the relationship between the EMA 20 and EMA 50 across two user-defined timeframes to identify:

directional bias,
market structure alignment,
and overall trend condition.

It is built to simplify multi-timeframe analysis into a clean and intuitive dashboard suitable for intraday, swing, futures/fx/crypto trading.


How It Works


The indicator compares:

EMA 20
EMA 50

on two independently customizable timeframes:

1. Directional Bias Timeframe

Defines the broader market direction.

Example:

1H
4H
Daily


2. Trend Structure Timeframe

Defines the lower timeframe trend condition and execution environment.

Regime Logic

Bullish Condition

EMA 20 > EMA 50

Bearish Condition

EMA 20 < EMA 50

The indicator then evaluates whether both timeframes are aligned.

Alignment States: FULL BULLISH / FULL BEARISH / MIXED
FULL BULLISH : Both timeframes bullish
FULL BEARISH : Both timeframes bearish
MIXED: Not Aligned


Example Configurations
Intraday Trading
Directional Bias TF = 1H
Structure TF = 15M
Swing Trading
Directional Bias TF = Daily
Structure TF = 4H
Scalping
Directional Bias TF = 15M
Structure TF = 5M


This indicator helps traders:

stay aligned with dominant trend flow,
avoid counter-trend trades,
improve trade selection,
filter low-quality setups,
and better understand overall market structure.

When higher and lower timeframe trends align, probability and momentum continuation often improve significantly.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.