OPEN-SOURCE SCRIPT

MTF Bias Table

420
Script name
QE — MTF Bias Table

Short description
Multi‑timeframe trend bias dashboard. Compares fast vs. slow MA alignment across 5m through 1M to classify each timeframe as bullish or bearish at a glance.

Description
QE — MTF Bias Table is a non‑repainting, multi‑timeframe trend dashboard built for traders who need higher timeframe context before entering lower timeframe setups. It evaluates fast vs. slow moving average alignment across eight timeframes (5m, 15m, 30m, 1H, 4H, 1D, 1W, 1M) and prints a clean, color‑coded table directly on the chart.

The indicator is intentionally designed to pair with order‑flow, structure, and liquidity tools. It does not predict direction; it answers one question: “Is this timeframe aligned bullish or bearish?”

How it works
Fast MA > Slow MA = Bullish alignment (green “▲ BULL”)

Fast MA < Slow MA = Bearish alignment (red “▼ BEAR”)

All MTF requests use lookahead disabled to prevent repainting. The script reads a fresh close‑based value at each higher timeframe candle, so the bias state is stable and reflects the confirmed bar, not the developing one.

Configurable inputs
Fast MA Length (default 20)

Slow MA Length (default 50)

MA Type (EMA or SMA)

Why use this
Instantly see if your entry timeframe aligns with the daily/weekly bias

Avoid counter‑trend entries when the HTF is stacked against you

Use it as a filter: only trade setups that agree with the higher timeframe bias

Compact table design with minimal chart clutter

Tags
multi-timeframe

trend

bias

dashboard

Usage note
This is a bias filter, not an entry system. Combine it with your own structure, liquidity, and confirmation models for a complete trading plan.

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