MTF Confirmation Dashboard

multi time frame; 15 min, 1 hr., 4 hr., and 1 day; confirmation overlay using EMA to determine trend, RSI and MACD to determine momentum.

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color of time frame and RSI value has been changed to blue to allow for visibility regardless of chart color

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added Stochastic for further confirmation

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playing with setti8ings

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How to use the Pro Dashboard:

High Probability Setup: Look for rows where the Heatmap says "STR BUY" (6/6). This means all indicators, trend strength, and volume are in perfect alignment.
Trend Building: If you see a row move from Neutral to Bullish (3/6), the trend is starting to form.
Avoid Fakeouts: If the EMA and RSI are bullish, but ADX is low and Volume is red, the dashboard will keep you out of a weak move.

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Step 1: Initial Setup

Add to Chart: Click the Save button in your Pine Editor, then click Add to Chart.
Choose Your Asset: Open any pair (e.g., BTCUSD, EURUSD, Gold).
Choose Your Entry Timeframe: Switch your main chart to the timeframe where you usually take trades (e.g., 15-minute).

Step 2: Configure the Timeframe Mode

Open the Settings (gear icon) of the indicator:

Auto Mode (Recommended): Keep "Timeframe Mode" on Auto. The dashboard will automatically detect you are on the 15m chart and show you the 15m, 1h, 4h, and Daily data.
Manual Mode: If you only care about specific timeframes (like the Weekly), switch to Manual and select them yourself.

Step 3: Reading the Indicator Columns

The dashboard reads from left to right, moving from simple direction to complex confirmation:

EMA / RSI / MACD / STOCH: These show basic direction.
▲ (Green): Bullish alignment.
▼ (Red): Bearish alignment.
ADX (Trend Strength): Shows if the move has "legs." If the cell is Grey, the market is sideways. If it's Green/Red, a strong trend is active.
VOL (Institutional Interest): Shows Relative Volume. If it’s Blue, there is more trading activity than usual, meaning "Big Money" is likely involved.

Step 4: Interpreting the Trend Score %

This is the most important column. It combines all 6 indicators into a single percentage:

80% - 100% (Strong Buy/Sell): High Confidence. All primary indicators, strength, and volume are aligned.
50% - 70% (Bullish/Bearish): Moderate Confidence. Most indicators are aligned, but strength or volume might be missing.
Below 50% (Neutral): No Trade Zone. The market is conflicted or ranging.

Step 5: Using the Global Market Sentiment

Look at the bottom row of the table:

This row calculates the average score of all four timeframes.
The Golden Rule: Only take a trade on your entry timeframe (Row 1) if the Global Sentiment matches that direction.
Example: If your 15m chart shows "STR BUY" but Global Sentiment is "WAITING," be cautious. If both show BUY, it is a high-probability setup.

Step 6: Your Trading Checklist

Before clicking "Buy" or "Sell," run this 10-second scan:

Alignment: Are Row 1 (Entry) and Row 2 (Filter) the same color?
Strength: Is the ADX value highlighted (not grey)?
Institutional Backing: Is the VOL cell blue?
The Score: Is the Trend Score above 80%?
Global Bias: Is the Global Market Sentiment row green (for Longs) or red (for Shorts)?

Pro-Tip for Prop Firms:

If you are trading a prop firm account, focus only on 80%+ scores where the Global Sentiment is also aligned. This "A+" setup approach significantly reduces drawdown and helps you maintain the consistency required to pass evaluations.

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Technical Profile:

Asset Support: Works on all tickers (Crypto, Forex, Stocks, Indices).
Adaptive Intelligence: Automatically switches analysis based on your chart timeframe.
High-Confluence Filter: 6 technical layers (EMA, RSI, MACD, STOCH, ADX, RVOL).
Sentiment Heatmap: Instant 0-100% scoring with color-coded results.
Global Market Sentiment: Aggregates data from all timeframes for a master bias.
Ultra Alerts: Strict "Golden Signal" logic requiring 15m/60m strength and volume confirmation.

Final Tip for Your Success:

When that "ULTRA GLOBAL" alert hits your phone or desktop, it is a signal that the market is in rare, perfect alignment. For prop firms, these are the only trades you need. By ignoring the "Neutral" or "Weak" signals and waiting for these high-volume confirmations, you significantly increase your edge.

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В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.

jayjetty1970

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jayjetty1970