OPEN-SOURCE SCRIPT
HTF Bias Strength
# HTF Bias Strength
HTF Bias Strength is a trend-strength indicator designed to measure the directional bias of the market using the distance between a fast EMA and a slow EMA, normalized by ATR.
Unlike traditional trend indicators that only display bullish or bearish conditions, HTF Bias Strength visualizes the intensity of market bias through a dynamic histogram, making it easier to identify accumulation, trend expansion, and trend exhaustion phases.
## Key Features
### ATR-Normalized EMA Distance
The indicator measures the distance between a fast EMA and a slow EMA and divides it by ATR.
This normalization allows the indicator to adapt across different markets and timeframes without being affected by price scale.
### Dynamic Bias Strength
Instead of a simple Bull/Bear signal, the histogram displays the actual strength of market bias.
* Positive values indicate bullish pressure.
* Negative values indicate bearish pressure.
* Values near zero indicate market compression or equilibrium.
### Gradient Color Visualization
Histogram colors automatically adjust according to trend strength.
* Light Green → Weak Bullish Bias
* Bright Green → Strong Bullish Bias
* Light Red → Weak Bearish Bias
* Bright Red → Strong Bearish Bias
This allows traders to quickly assess the current market environment at a glance.
### Compression Detection
When the EMA distance contracts toward zero, the market is entering a compression phase.
These areas often represent:
* Accumulation
* Consolidation
* Rebalancing
* Pre-breakout conditions
The indicator highlights these low-bias zones to help traders identify potential setup locations.
## Practical Uses
### Trend Identification
Monitor whether bullish or bearish pressure is increasing or decreasing over time.
### Market Structure Analysis
Observe transitions between:
* Compression
* Expansion
* Trend Development
* Trend Exhaustion
### AMD Framework Support
The indicator is particularly useful when applying the Accumulation-Manipulation-Distribution (AMD) model.
Typical behavior:
* Accumulation → Histogram contracts toward zero.
* Manipulation → Bias rapidly expands from equilibrium.
* Distribution → Strong directional bias remains active.
### Trade Filtering
Use the indicator as a higher-timeframe bias filter to avoid trading against dominant market pressure.
## Suitable Markets
* Forex
* Gold (XAUUSD)
* Indices
* Stocks
* Cryptocurrency
## Recommended Timeframes
The indicator is designed to work across all timeframes and can be used for:
* Scalping
* Intraday Trading
* Swing Trading
* Position Trading
## Interpretation Guide
* Strong Green Histogram → Strong Bullish Bias
* Weak Green Histogram → Weak Bullish Bias
* Near Zero Histogram → Compression / Range
* Weak Red Histogram → Weak Bearish Bias
* Strong Red Histogram → Strong Bearish Bias
## Disclaimer
This indicator measures directional bias and trend strength only. It does not generate buy or sell signals. Traders should combine it with market structure analysis, liquidity concepts, and proper risk management before making trading decisions.
HTF Bias Strength is a trend-strength indicator designed to measure the directional bias of the market using the distance between a fast EMA and a slow EMA, normalized by ATR.
Unlike traditional trend indicators that only display bullish or bearish conditions, HTF Bias Strength visualizes the intensity of market bias through a dynamic histogram, making it easier to identify accumulation, trend expansion, and trend exhaustion phases.
## Key Features
### ATR-Normalized EMA Distance
The indicator measures the distance between a fast EMA and a slow EMA and divides it by ATR.
This normalization allows the indicator to adapt across different markets and timeframes without being affected by price scale.
### Dynamic Bias Strength
Instead of a simple Bull/Bear signal, the histogram displays the actual strength of market bias.
* Positive values indicate bullish pressure.
* Negative values indicate bearish pressure.
* Values near zero indicate market compression or equilibrium.
### Gradient Color Visualization
Histogram colors automatically adjust according to trend strength.
* Light Green → Weak Bullish Bias
* Bright Green → Strong Bullish Bias
* Light Red → Weak Bearish Bias
* Bright Red → Strong Bearish Bias
This allows traders to quickly assess the current market environment at a glance.
### Compression Detection
When the EMA distance contracts toward zero, the market is entering a compression phase.
These areas often represent:
* Accumulation
* Consolidation
* Rebalancing
* Pre-breakout conditions
The indicator highlights these low-bias zones to help traders identify potential setup locations.
## Practical Uses
### Trend Identification
Monitor whether bullish or bearish pressure is increasing or decreasing over time.
### Market Structure Analysis
Observe transitions between:
* Compression
* Expansion
* Trend Development
* Trend Exhaustion
### AMD Framework Support
The indicator is particularly useful when applying the Accumulation-Manipulation-Distribution (AMD) model.
Typical behavior:
* Accumulation → Histogram contracts toward zero.
* Manipulation → Bias rapidly expands from equilibrium.
* Distribution → Strong directional bias remains active.
### Trade Filtering
Use the indicator as a higher-timeframe bias filter to avoid trading against dominant market pressure.
## Suitable Markets
* Forex
* Gold (XAUUSD)
* Indices
* Stocks
* Cryptocurrency
## Recommended Timeframes
The indicator is designed to work across all timeframes and can be used for:
* Scalping
* Intraday Trading
* Swing Trading
* Position Trading
## Interpretation Guide
* Strong Green Histogram → Strong Bullish Bias
* Weak Green Histogram → Weak Bullish Bias
* Near Zero Histogram → Compression / Range
* Weak Red Histogram → Weak Bearish Bias
* Strong Red Histogram → Strong Bearish Bias
## Disclaimer
This indicator measures directional bias and trend strength only. It does not generate buy or sell signals. Traders should combine it with market structure analysis, liquidity concepts, and proper risk management before making trading decisions.
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.
輕輕得走過牛熊，用量化渡過長河
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.
輕輕得走過牛熊，用量化渡過長河
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.