OPEN-SOURCE SCRIPT
MTF Dashboard + ATR Filter (Fixed)
Multi-Timeframe Dashboard with Smart Color Coding
This clean and practical dashboard helps you analyze market bias across 3 timeframes (1H, 30m, and 5m) with clear visual signals and mechanical rules.
**Key Features:**
- EMA 200 alignment
- DI Delta + ADX Slope (direction + trend strength change)
- Enhanced WaveTrend with automatic Cross Up / Cross Down detection
- RSI status with timeframe-specific logic
- ATR-based Move Status on 5m (detects extended vs normal moves)
- Smart color coding: Blue = Bullish, Gray = Bearish
**Best Long Conditions:**
- Price above EMA 200 on 1H
- DI Delta positive + rising (↑) on 1H
- WaveTrend: WT1 > WT2 or Cross Up (minimum 2 out of 3 timeframes)
- 5m Move Status = Normal (not Extended)
**Best Short Conditions:**
- Price below EMA 200 on 1H
- DI Delta negative + falling (↓) on 1H
- WaveTrend: WT1 < WT2 or Cross Down (minimum 2 out of 3 timeframes)
- 5m Move Status = Normal (not Extended)
**How to use:**
1. Check the 1H column first (most important for bias)
2. Use 30m and 5m for entry timing
3. Only take trades when at least 2 WaveTrend conditions align with the higher timeframe bias
4. Avoid entries when 5m Move Status shows "Extended"
Ideal for traders who want a mechanical and confluence-based approach.
Works well on Crypto, Forex, and Indices.
This clean and practical dashboard helps you analyze market bias across 3 timeframes (1H, 30m, and 5m) with clear visual signals and mechanical rules.
**Key Features:**
- EMA 200 alignment
- DI Delta + ADX Slope (direction + trend strength change)
- Enhanced WaveTrend with automatic Cross Up / Cross Down detection
- RSI status with timeframe-specific logic
- ATR-based Move Status on 5m (detects extended vs normal moves)
- Smart color coding: Blue = Bullish, Gray = Bearish
**Best Long Conditions:**
- Price above EMA 200 on 1H
- DI Delta positive + rising (↑) on 1H
- WaveTrend: WT1 > WT2 or Cross Up (minimum 2 out of 3 timeframes)
- 5m Move Status = Normal (not Extended)
**Best Short Conditions:**
- Price below EMA 200 on 1H
- DI Delta negative + falling (↓) on 1H
- WaveTrend: WT1 < WT2 or Cross Down (minimum 2 out of 3 timeframes)
- 5m Move Status = Normal (not Extended)
**How to use:**
1. Check the 1H column first (most important for bias)
2. Use 30m and 5m for entry timing
3. Only take trades when at least 2 WaveTrend conditions align with the higher timeframe bias
4. Avoid entries when 5m Move Status shows "Extended"
Ideal for traders who want a mechanical and confluence-based approach.
Works well on Crypto, Forex, and Indices.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.