OPEN-SOURCE SCRIPT
15 SMA Trend-Friend MTF
15 SMA Trend-Friend MTF is a high-level situational awareness tool designed to provide an instant "bird's-eye view" of a stock's trend structure across four critical timeframes: 1 Hour, 4 Hour, Daily, and Weekly.
By pulling real-time data from multiple time horizons into a single, clean table at the top of your chart, this indicator eliminates the need to constantly flip between tabs, allowing you to maintain focus on your primary execution timeframe.
Core Logic:
The dashboard tracks the SMA 15 across all four timeframes. A signal is determined by the relationship between the price and this moving average:
▲ UP (Green): Price has closed above the SMA 15 and is successfully maintaining its position above it. This indicates a confirmed bullish trend on that specific timeframe.
▼ DOWN (Red): Price has closed below the SMA 15 and is maintaining its position beneath it. This indicates a confirmed bearish trend on that specific timeframe.
Why This Is Valuable to Traders:
Trend Confluence: The most powerful moves in the market happen when multiple timeframes align. If the 1H, 4H, and 1D are all showing "UP," you have a high-probability long setup. If they are mixed, you know to expect chop or a potential reversal.
Contextual Awareness: It prevents "tunnel vision." A trader looking at a 5-minute chart might see a buy signal, but the MTF Dashboard will instantly warn them if the Daily and Weekly trends are heavily "DOWN," suggesting they are trading against a massive wall of resistance.
Efficiency: It saves critical seconds during fast-moving market conditions. You can scan through your watchlist and instantly see which stocks have "Full Alignment" (all green or all red) without ever leaving your main chart.
Customizable Visibility: With adjustable text sizes (up to "Huge") and a "Top Padding" feature, the dashboard can be positioned to stay perfectly visible regardless of your screen resolution or TradingView UI layout.
Best Use Case:
Use this as your "Master Filter." Before taking any signal from the Apex Momentum Filter, glance at the MTF Trend Dashboard. If your entry signal aligns with the higher-timeframe trends (Daily and Weekly), your probability of a successful trade increases significantly.
By pulling real-time data from multiple time horizons into a single, clean table at the top of your chart, this indicator eliminates the need to constantly flip between tabs, allowing you to maintain focus on your primary execution timeframe.
Core Logic:
The dashboard tracks the SMA 15 across all four timeframes. A signal is determined by the relationship between the price and this moving average:
▲ UP (Green): Price has closed above the SMA 15 and is successfully maintaining its position above it. This indicates a confirmed bullish trend on that specific timeframe.
▼ DOWN (Red): Price has closed below the SMA 15 and is maintaining its position beneath it. This indicates a confirmed bearish trend on that specific timeframe.
Why This Is Valuable to Traders:
Trend Confluence: The most powerful moves in the market happen when multiple timeframes align. If the 1H, 4H, and 1D are all showing "UP," you have a high-probability long setup. If they are mixed, you know to expect chop or a potential reversal.
Contextual Awareness: It prevents "tunnel vision." A trader looking at a 5-minute chart might see a buy signal, but the MTF Dashboard will instantly warn them if the Daily and Weekly trends are heavily "DOWN," suggesting they are trading against a massive wall of resistance.
Efficiency: It saves critical seconds during fast-moving market conditions. You can scan through your watchlist and instantly see which stocks have "Full Alignment" (all green or all red) without ever leaving your main chart.
Customizable Visibility: With adjustable text sizes (up to "Huge") and a "Top Padding" feature, the dashboard can be positioned to stay perfectly visible regardless of your screen resolution or TradingView UI layout.
Best Use Case:
Use this as your "Master Filter." Before taking any signal from the Apex Momentum Filter, glance at the MTF Trend Dashboard. If your entry signal aligns with the higher-timeframe trends (Daily and Weekly), your probability of a successful trade increases significantly.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.