OPEN-SOURCE SCRIPT

MTF Pressure Confluence

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This indicator analyzes buying and selling pressure inside each candle, normalizes it with volume, and evaluates who is in control of price.

It then expands this logic across multiple timeframes to detect when market pressure aligns, providing clear visual signals and a structured decision framework.

⚙️ How It Works

The script measures:

Buying Pressure → strength of closes off the low
Selling Pressure → strength of closes off the high
Force → net difference between buyers and sellers

Each value is:

normalized using EMA
weighted by volume
smoothed to reduce noise

From this, the script determines:

momentum direction
strength of participation
whether pressure is increasing or fading
🧠 Multi-Timeframe Logic

The indicator evaluates pressure conditions on:

1 Minute
3 Minute
5 Minute

Each timeframe is classified as:

Bullish
Bearish
Neutral
Fresh Crossover (early signal)

A signal is only generated when:
✔ all selected timeframes align
✔ momentum confirms (force + slope)
✔ optional filters (EMA / VWAP) are satisfied

📊 Dashboard Table

The built-in table provides a full breakdown of market conditions:

State → BULL / BEAR / X-UP / X-DN
Buy Slope → whether buying pressure is increasing
Sell Slope → whether selling pressure is increasing
Force → net directional bias (+ / -)
Alignment → BUY / SELL when all timeframes agree

This allows traders to quickly assess trend strength, timing, and structure.

🎯 Signals

The script provides multiple signal layers:

Cross Dots
Aqua → bullish pressure crossover
Orange → bearish pressure crossover
Pane Signals
Visual confirmation of alignment in the indicator window
Main Chart Arrows
BUY / SELL labels plotted directly on price
Trigger only when full multi-timeframe confluence is reached
📈 Best Use Cases
Intraday trading (1m–5m scalping)
Momentum continuation setups
Identifying early trend shifts
Filtering out weak or conflicting signals
⚠️ Notes
This indicator is based on price action and volume, not true bid/ask order flow
Designed as a pressure-based momentum model, not a footprint replacement
Best used alongside key levels, VWAP, or structure
🚀 Key Advantage

Unlike traditional indicators, this tool combines:

price structure
volume weighting
momentum expansion
trend filtering
multi-timeframe alignment

➡️ Delivering a clear, structured view of market control and timing

Haftungsausschluss

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