Flux Charts - SFX Screener💎 GENERAL OVERVIEW
The SFX Screener by Flux Charts is a multi-timeframe market scanner that extracts and visually organizes key conditions detected by the SFX Algo indicator across multiple assets in real-time. It does not perform independent analysis or generate new signals—instead, it pulls data directly from the SFX Algo’s calculations to ensure full alignment across different timeframes and tickers.
The SFX Algo is a multi-factor trading indicator that integrates trend analysis, signal generation, market overlays, and take-profit/stop-loss levels into a single system. It evaluates multiple trend components, including EMA direction, momentum shifts, and volatility cycles, to determine market conditions. Signal generation is based on an Adjusted Weighted Majority Algorithm, filtering out weaker signals by prioritizing the most reliable market indicators. Market overlays, such as Volatility Bands and the Retracement Wave, provide dynamic support, resistance, exit points, and entry points. Its adaptable structure allows traders to customize settings based on strategy preferences, making it effective for scalping, swing trading, and long-term trend analysis.
The SFX Screener’s purpose is to give traders a dashboard view of these SFX Algo signals across multiple tickers and timeframes in real-time.
📌 HOW DOES IT WORK ?
The SFX Algo indicator employs an Adjusted Weighted Majority algorithm to generate "buy" and "sell" signals. It evaluates multiple market indicators ("experts"), including momentum, ATR trends, and EMA trends, and assigns weights based on their recent performance. The "Time Weighting" setting allows users to balance between using more historical data or prioritizing recent trends. Unlike traditional weighted majority methods, SFX also dynamically penalizes larger losses. Signals are confirmed based on the consensus of the most successful indicators within the selected time period, filtering out weaker signals during underperforming phases.
The SFX Screener extracts these calculated outputs and visually organizes them into a real-time dashboard. Each signal, status, and volatility condition displayed in the screener is a direct output from the SFX Algo indicator.
🚩 UNIQUENESS
Unlike traditional screeners that rely on preset filters or static conditions, the SFX Screener dynamically updates its dashboard based on live outputs from the SFX Algo’s adaptive algorithm.
Traditional Screeners → Use predefined filters like “price above EMA” or “RSI overbought.” They do not adjust to market dynamics.
SFX Screener → Displays outputs directly from an adaptive algorithm that continuously evaluates trends, volatility, and momentum changes.
The SFX Screener can show SFX Algo's status on 8 different tickers on different timeframes. Key factors that make it unique include:
✅ Real-time sync with SFX Algo → Displays live conditions, not static filters.
✅ Comprehensive Dashboard – This screener provides a complete and customizable dashboard designed to enhance traders' decision-making by consolidating crucial SFX Algo insights into one user-friendly interface.
✅ Multi-Ticker & Multi-Timeframe Analysis – With support for up to 8 tickers and timeframes, traders can effortlessly analyze the bigger market picture, identifying trends and opportunities across different assets and timeframes.
By combining multiple analytical elements in a single view, this screener empowers traders with the insights needed to navigate the market more effectively.
🎯 SFX SCREENER FEATURES:
SFX Algo Signals : This tool can detect SFX Algo signals across different tickers & timeframes.
Volatility Bands : Detection of Volatility Bands Status & Retests.
Retracement Wave : Detection of Retracement Wave Status & Retests.
Highly Configurable : Offers multiple parameters for fine-tuning detection settings.
Up to 8 Tickers : Allows traders to analyze multiple tickers & timeframes simultaneously for enhanced accuracy.
📊 SFX SCREENER DATA BREAKDOWN
Signal ->
Buy -> The latest signal is a buy signal.
Sell -> The latest signal is a sell signal.
The rating of the signal is shown after the signal type.
Δ⭐ ->
Shows the rating change (delta) after the signal is triggered. Positive values mean that the rating is increased after the signal is given, negative values mean that it's decreased.
Status ->
Displays the amount of time passed after the signal is given.
TP Targets ->
Shows the Take-Profit targets of the signal, if a target was achieved, there is a ✅ symbol near it and the next target it displayed.
V. Bands ->
The Volatility Bands dynamically adjust to market conditions, expanding during high volatility and contracting during low volatility. When the volatility bands are tight, or the upper and lower bands are close to each other, the market is not volatile. During periods of low volatility, it’s common for price to consolidate or move sideways. An early indication of a large price move can occur when the bands widen or open up after being tight. When the volatility bands are wide, it reflects a period of increased volatility, typically during strong price trends or after a breakout. The volatility bands can also act as support and resistance areas. The upper band acts as resistance while the lower band acts as support. These mark out good areas for potential reversals. Breakouts can also occur when price moves beyond the bands, signaling a potential trend in the breakout direction.
Outside -> The price is currently outside of the Volatility Bands.
Inside | Upper -> The price is currently inside the Upper Volatility Band.
Inside | Lower -> The price is currently inside the Lower Volatility Band.
R. Wave ->
The Retracement Wave is used to identify entry points during pullbacks in trending markets. It can also be used to find exit points for open trades. The wave is bullish when price is above it and bearish when the price is below it. The retracement wave can be used as an area to enter during a pullback in a trending market. The wave can also be helpful for managing risk and closing out positions.
Outside | Bullish -> The Retracement Wave is currently Bullish, and the price is outside of it.
Outside | Bearish -> The Retracement Wave is currently Bearish, and the price is outside of it.
Inside | Bullish -> The Retracement Wave is currently Bullish, and the price is inside of it.
Inside | Bearish -> The Retracement Wave is currently Bearish, and the price is inside of it.
Profit & Loss (P&L) ->
Shows the amount of profit or loss the position is currently in. All values are shown in terms of percentage, and positive values mean the position is in profit while negative values mean that the position is in loss.
⚠ Timeframe Restriction : The selected timeframes for analysis cannot be lower than the chart’s current timeframe to ensure proper data alignment.
⏰ ALERTS
This screener supports alerts, so you never miss a key market move. You can choose to receive alerts when a buy or sell signal is given, helping you spot potential trading opportunities. Additionally, you can enable alerts for take-profit or stop-loss levels, which notify you when the price achieves those levels. The alerts will work for each enabled ticker in the settings. You can also toggle webhook format for alerts, and choose to include ticker metadata in it.
⚙️ SETTINGS
1. Algorithm Settings
Sensitivity: The sensitivity setting is a key parameter that influences the frequency of signals the SFX Algo generates. By adjusting this parameter, you can control the frequency of signals produced by the algorithm. Using a lower sensitivity setting generates more frequent signals that are highly responsive to minor price fluctuations. Using a higher sensitivity setting reduces the frequency of signals, focusing on more significant price movements and filtering out minor fluctuations.
Signal Strength: The Signal Strength setting filters signals based on their quality, allowing traders to focus on the most reliable opportunities. This feature helps traders balance the quantity and reliability of the algorithm’s signals to suit their trading strategy. Using a lower signal strength will display more signals, including those with lower signal ratings, for broader market coverage. Using a higher signal strength will display fewer signals by prioritizing those with higher signal ratings, reducing market noise.
Time Weighting: The Time Weighting setting in the SFX Algo determines how historical market data is analyzed to generate signals.
a) Recent Trends
Focuses on the most recent movements for short-term analysis. This setting is good for scalpers and intraday traders who need to react quickly to market changes.
b) Mixed Trends
Balances recent and historical price movements for a comprehensive market view. This setting is well-suited for swing traders and those who want to capture medium-term opportunities by combining the benefits of short-term responsiveness with the reliability of long-term trends.
c) Long-term Trends
Relies on extended historical market data to identify broader market trends, making it an excellent choice for traders focused on long-term strategies.
Minimum Star Rating : The Minimum Star Rating setting allows you to filter signals based on their strength, showing only those that meet or exceed your chosen threshold. For instance, setting the minimum star rating to 3 ensures you only receive signals with a rating of 3 stars or higher.
2. Take Profit / Stop Loss Methods
Key Levels
The Key Levels method uses pivot points to set take profit and stop-loss levels. The TP and SL levels are shown when a new signal is generated.
Volatility Bands
This TP/SL method uses the Volatility Bands overlay to set dynamic TP and SL levels. These levels are not predetermined so they will not be shown in advance when a signal is generated.
Signal Rating
Sets take profit and stop-loss levels based on changes in a signal's rating strength. These levels are not predetermined so they will not be shown in advance when a signal is generated.
Auto Stop-Loss
The auto method can only be applied to the SL. The auto method allows the algorithm to detect SL automatically when a momentum shift is detected. You can adjust the risk tolerance of the Auto SL by adjusting the ‘Auto Risk Tolerance’ setting. You can choose between Low, Medium, and High. A high-risk tolerance will result in stop losses being triggered less often.
3. Tickers
You can set, then enable or disable up to 8 tickers in this section to get informed about their latest SFX Algo signal.
‼️ Important Notes
TradingView has limitations when running advanced screeners, resulting in the following restrictions:
Computation Errors:
The computation of using MTF features and viewing several tickers is very intensive on TradingView. This can sometimes cause calculation timeouts. When this occurs simply force the recalculation by modifying one indicator’s settings or by removing the indicator and adding it to your chart again.
Inconsistencies:
You may notice inconsistencies when viewing the screener on a chart with a specific symbol because screener tickers originate from different markets. Since the cryptocurrency market operates 24/7, while stock markets have defined opening and closing hours, the screener may return varying information depending on whether you're currently viewing a cryptocurrency, stock, or currency pair.
Mtf
Flux Charts - S&D Screener💎 GENERAL OVERVIEW
Introducing Supply & Demand Zones (S&D) Screener! This screener can spot trading opportunities for Supply & Demand traders across 8 different tickers and timeframes simultaneously! This screener offers a wide range of configurable settings, explained within this write-up.
S&D Screener Features:
Supply & Demand Zones : This tool can detect Supply & Demand zones using one of the two detection methods.
Highly Configurable : Offers multiple parameters for fine-tuning detection settings.
Up to 8 Tickers : Allows traders to analyze multiple tickers & timeframes simultaneously for enhanced accuracy.
🚩 UNIQUENESS
The S&D Screener is the first ever tool on TradingView that allows traders to screen 8 different tickers on different timeframes for Supply & Demand Zones. Key factors that make it unique include:
✅ Comprehensive Dashboard – This screener provides a complete and customizable dashboard designed to enhance traders' decision-making by consolidating crucial Supply & Demand insights into one user-friendly interface.
✅ Multi-Ticker & Multi-Timeframe Analysis – With support for up to 8 tickers and timeframes, traders can effortlessly analyze the bigger market picture, identifying trends and opportunities across different assets and timeframes.
By combining multiple analytical elements in a single view, this screener empowers traders with the insights needed to navigate the market more effectively.
📌 HOW DOES IT WORK ?
The S&D Screener helps traders identify Supply & Demand Zones on multiple tickers & timeframes. It offers customizable settings to adapt to different trading styles. The screener includes two zone detection methods. The Momentum Method identifies zones based on strong bullish or bearish price movements, making it ideal for traders who seek quick market reactions. The Regression Method uses statistical regression to detect zones by analyzing price deviations from the trend, which is more suitable for long-term traders. You can customize your zone preferences and enable up to 8 tickers and their respective timeframes. You'll be able to see the status of the latest detected zones on that ticker/timeframe. You can also see the distance from current price of the ticker to the zone and how many times price has retested that zone.
Supply Zone
In trading, a supply zone is a specific area on a price chart where selling interest surpasses buying interest, leading to a potential decline in asset prices. This zone typically forms after a price rally, indicating that sellers find the asset overvalued and are prepared to sell, creating downward pressure. Identifying supply zones can help traders anticipate potential price reversals or pullbacks.
Trading Possibilities with Supply Zones
Entering Short Positions -> When the price approaches a recognized supply zone, traders may consider initiating short positions, anticipating that increased selling pressure will drive prices down.
Setting Profit Targets -> For traders holding long positions, supply zones can serve as strategic points to set profit targets, as these areas may signal potential resistance and a subsequent price drop.
Demand Zone
In trading, a demand zone is a specific area on a price chart where buying interest is strong enough to halt a downtrend and potentially reverse it upward. This zone indicates a price level where demand exceeds supply, leading to a rise in price. Identifying these zones can provide traders with strategic entry points for potential long positions.
Trading Possibilities with Demand Zones
Entering Long Positions -> When the price approaches a recognized demand zone, traders may consider initiating long positions, anticipating that increased buying pressure will drive prices up.
Setting Profit Targets -> For traders holding short positions, demand zones can serve as strategic points to set profit targets, as these areas may signal potential resistance and a subsequent price increase.
Momentum Detection Method
The Momentum Detection Method identifies supply and demand zones by analyzing the strength and direction of price movements over a specified period. It looks for a sequence of strong bullish or bearish candles to determine potential zones. The method is sensitive to the ‘Sensitivity’ setting, which adjusts the threshold for what constitutes a "strong" candle.
Using the momentum method is ideal for traders looking to capitalize on immediate price reactions and momentum shifts.
Regression Detection Method
The Regression Method uses statistical regression to identify supply and demand zones by analyzing price consolidation patterns. It fits a regression line to price data and identifies zones where price deviates significantly from the trend. This method is more mathematical and less reliant on individual candle patterns. It focuses on the overall price structure and identifies zones based on statistical deviations from the trend.
This method is particularly useful for traders who focus on longer-term price trends and prefer a more statistical approach to pinpoint zones.
Using the momentum method is ideal for traders looking to capitalize on immediate price reactions and momentum shifts.
Status ->
Far -> This status indicates that the current price is significantly distant from any identified supply or demand zones. In this scenario, traders might exercise patience, waiting for the price to approach these zones before considering entry or exit points.
Approaching ⬆️ -> The price is rising towards a supply zone, suggesting potential selling opportunities as the price nears an area where selling pressure previously dominated.
Approaching ⬇️ -> The price is falling towards a demand zone, indicating potential buying opportunities as the price approaches an area known for strong buying interest.
Inside -> The current price is within the boundaries of a supply or demand zone. This status often signals a critical decision point:
Inside a Supply Zone: The area where selling pressure may increase, potentially leading to a price decline. Traders might look for confirmation before initiating short positions.
Inside a Demand Zone: The area where buying interest could surge, possibly resulting in a price increase. Traders might seek validation before entering long positions.
Being "inside" a zone suggests heightened market activity and potential volatility, warranting close monitoring for trading signals.
Retests -> A retest occurs when the price revisits a supply or demand zone but fails to break through it. Specifically, during a retest, the wick of a candlestick enters the zone, but the candle closes below the supply zone or above the demand zone. This price action suggests that the zone remains a strong area of resistance or support, as the market couldn't sustain movement beyond it. Traders often view such retests as confirmations to enter positions in the direction opposite to the zone's boundary. For instance, if the price retests a supply zone and fails to close above it, it may signal a selling opportunity. Conversely, a failed retest of a demand zone could indicate a buying opportunity. Monitoring the number of retests can provide insights into the strength of these zones; multiple retests without a breakout may reinforce the zone's significance. Here you can see how many times the price retested the supply or demand zone.
⚠ Timeframe Restriction : The selected timeframes for analysis cannot be lower than the chart’s current timeframe to ensure proper data alignment.
⏰ ALERTS
This screener supports alerts, so you never miss a key market move. You can choose to receive alerts when a new demand or supply zone is created, helping you spot potential trading opportunities. Additionally, you can enable alerts for retests, which notify you when the price returns to test a previously identified zone. The alerts will work for each enabled ticker in the settings.
⚙️ SETTINGS
1. General Configuration
Detection Method : There are two detection methods you can choose from for identifying Supply & Demand Zones. Both methods aim to identify key areas where price is likely to react, but they do so using different approaches. Traders can choose the method that aligns with their trading style and time horizon.
Sensitivity : The Sensitivity setting allows traders to adjust how aggressively the script identifies supply and demand zones when using the Momentum Detection Method. This setting directly impacts the threshold for detecting zones when using the momentum detection method.
High Sensitivity -> Detects smaller price movements, resulting in more zones being identified. This is ideal for traders who want to capture even minor supply and demand imbalances and prefer a higher frequency of potential trading opportunities.
Medium Sensitivity -> Balances between detecting significant price movements and avoiding excessive noise. This setting is suitable for most traders who want a moderate number of zones without being overwhelmed.
Low Sensitivity -> Focuses on larger, more significant price movements, resulting in fewer zones being identified. This is ideal for traders who prioritize quality over quantity and prefer to focus on the most impactful supply and demand areas.
Lowest Sensitivity -> Detects only the strongest and most pronounced price movements, identifying the most significant zones. This setting is best for traders who want to focus on high-probability, high-impact zones and avoid minor fluctuations.
Zone Invalidation : The Zone Invalidation setting determines how supply and demand zones are invalidated.
Wick -> A zone is invalidated if a candle’s wick goes below a demand zone or above a supply zone.
Close -> A zone is invalidated if a candle closes below a demand zone or above a supply zone.
Zone Visibility Range : The Zone Visibility Range setting controls how far from the current price supply and demand zones are displayed on the chart. It helps traders focus on relevant zones while avoiding clutter from distant or less impactful areas.
Minimum Zone Width : The Minimum Zone Width setting defines the smallest size a supply or demand zone must have to be displayed on the chart. It uses the Average True Range (ATR) as a reference to ensure zones are proportionate to current market volatility.
Minimum Zone Length : The Minimum Zone Length setting determines the minimum number of bars a supply or demand zone must span to be displayed on the chart. This setting helps filter out short-lived or insignificant zones, ensuring only meaningful areas of supply or demand are highlighted.
2. Tickers
You can set, then enable or disable up to 8 tickers in this section to get informed about their latest supply or demand zone.
Contraction & Expansion Multi-Screener █ Overview:
The Contraction & Expansion Multi-Screener analyzes market volatility across many symbols. It provides insights into whether a market is contracting or expanding in volatility. With using a range of statistical models for modeling realized volatility, the script calculates, ranks, and monitors the degree of contraction or expansions in market volatility. The objective is to provide actionable insights into the current market phases by using historical data to model current volatility conditions.
This indicator accomplishes this by aggregating a variety of volatility measures, computing ranks, and applying threshold-based methods to identify transitions in market behavior. Volatility itself helps you understand if the market is moving a lot. High volatility or volatility that is increasing over time, means that the price is moving a lot. Volatility also mean reverts so if its extremely low, you can eventually expect it to return to its expected value, meaning there will be bigger price moves, and vice versa.
█ Features of the Indicator
This indicator allows the user to select up to 14 different symbols and retrieve their price data. There is five different types of volatility models that you can choose from in the settings of this indicator for how to use the screener.
Volatility Settings:
Standard Deviation
Relative Standard Deviation
Mean Absolute Deviation
Exponentially Weighted Moving Average (EWMA)
Average True Range (ATR)
Standard Deviation, Mean Absolute Deviation, and EWMA use returns to model the volatility, meanwhile Relative Standard Deviation uses price instead due to its geometric properties, and Average True Range for capturing the absolute movement in price. In this indicator the volatility is ranked, so if the volatility is at 0 or near 0 then it is contracting and the volatility is low. If the volatility is near 100 or at 100 then the volatility is at its maximum.
For traders that use the Forex Master Pattern Indicator 2 and want to use this indicator for that indicator, it is recommended to set your volatility type to Relative Standard Deviation.
Users can also modify the location of the screener to be on the top left, top right, bottom left, or bottom right. You also can disable sections of the screener and show a smaller list if you want to.
The Contraction & Expansion Screener shows you the following information:
Confirmation of whether or not there is a contraction or expansion
Percentage Rank of the volatility
Volatility MA direction: This screener uses moving averages on the volatility to determine if its increasing over time or decreasing over time.
RSI MTF Panel [xdecow]This indicator shows the RSI of up to 10 different timeframes with various customization options:
Panel position
Panel orientation (vertical/horizontal)
Border width and color
Choose up to 10 time frames with RSI length and source
Background and text colors
Thresholds of overbought, oversold, uptrend, downtrend and no-trend zones to change the color of the RSI
Color debug mode
Ultimate Custom MTF ScreenerThis indicator will allow you to make your custom TradingView MTF screener without coding. Add it to the chart, select up to 10 instruments, 4 timeframes, and 4 indicators, and the screener will do the rest for you. The indicator will form a lovely table with all values and highlighted signals.
The screener is highly customizable, and you can choose its position on the chart, sorting, order of the columns, and colors for the tables. You can easily change parameters for all supported indicators and their signals.
Currently, there are 21 different custom indicators available. Current list of indicators:
Average Directional Index (ADX) - displaying the value of ADX and checking if it's higher than the threshold
Average True Range (ATR) - showing the value of ATR
Awesome Oscillator (AO) - displaying the value of AO and highlighting positive/negative values.
Bollinger Bands (BB) - showing if the price is above/below/in the channel.
Breakout Pivots - Displaying when the price is below/above the most recent pivot low/high.
Commodity Channel Index (CCI) - shows the last CCI value and highlights overbought/oversold values.
Directional Movement Index (DMI) - Up/Down signal (+DI above or below -DI)
Donchian Channel (DC) - showing if the price is above/below/in the channel.
Heikin Ashi Count (HAC) - What is the current Heikin Ashi candle color and for how long was this color?
Historical Volatility (HV) - Current value of Historical Volatility
Keltner Channel (KC) -showing if the price is above/below/in the channel.
Moving Average Convergence Divergence (MACD) - Up/Down signal (MACD above / below signal)
Moving Average Crossover (MA Cross) - Displaying MA crosses signals (SMA, EMA, WMA, HMA, VWMA, SMMA, DEMA, VWAP supported)
Moving Average Distance (MA DIST) - Displaying distance to the MA (SMA, EMA, WMA, HMA, VWMA, SMMA, DEMA, VWAP supported)
Parabolic Stop and Reverse (PSAR) - Up or Down
Relative Strength Index (RSI) - Displaying the last RSI value and highlighting overbought/oversold values.
Stochastic (STOCH) - Displaying the last Stochastic value and highlighting overbought/oversold values.
Stochastic RSI (STOCH RSI) - Displaying the last Stochastic RSI value and highlighting overbought/oversold values.
SuperTrend - Current state of the SuperTrend.
Trailing Stop-Loss (TSL) - Up or Down
True Strength Index (TSI) - Displaying the last TSI value and highlighting overbought/oversold values.
We're already working on adding a few more supported indicators. If you have any ideas about the indicators you want to see in our screener, contact us, and we'll consider them.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
Custom Multi-Timeframe IndicatorIt's a pretty simple example of a nice custom screener you can run for multiple timeframes. This is an RSI screener, but you can easily change the function for your own Indicator.
Screener displays:
Last value of the instrument
RSI value for up to 10 instruments / 4 timeframes.
In Parameters you can change:
4 timeframes
10 instruments
Parameters for RSI
Styling parameters for table
If the selected timeframe will be lower than the current one you will receive a warning message in a table.
Thanks to @MUQWISHI to help me code it.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
MTF Ichimoku Analysis[tanayroy]Ichimoku can state market conditions better than any indicator or group of indicators(My own perspective). Ichimoku works seamlessly in different timeframes. Analysis of Ichimoku in different timeframes can give you the bigger picture of the market.
This indicator analyzes six different timeframes with Ichimoku in depth. Default timeframes are 5M, 30M, 60M, D, W, and M. You can change the default timeframes from the setting.
As we are dealing with many relations, we can define the relationship with a simple score to get the trend strength.
Ichimoku Analysis:
Relationship of Price(P) with Ichimoku indicators: Here we are analyzing the current price and Ichimoku indicators. The position of price with respect to Ichimoku indicators states the market condition clearly.
Price(P) and Kumo(C): P > C = Bullish (↑). P < C = Bearish (↓). P <> C = consolidation or no trend(↔). Score: ±2
Price(P) and Tenkan Sen(T): P >= T = Bullish (↑). P < T = Bearish (↓). Score: ±0.5
Price(P) and Kijun Sen(K): P >= K = Bullish (↑). P < T = Bearish (↓). Score: ±0.5
Price(26 bars ago) and Chiku(L): L >= P(26) = Bullish (↑). L < P(26) = Bearish (↓). Score: ±0.5
Tenkan Sen and Kijun Sen Relation. Tenkan Sen depicts short-term trends and Kijun depicts mid-term trends. So this relationship is important for analyzing the current trend of the market.
Tenkan Sen(T) and Kijun Sen(K): T >= K = Bullish (↑). T < K = Bearish (↓). Score: ±2
Direction of Ichimoku indicators.
The direction of Ichimoku indicators helps us to understand the trend strength.
Tenkan Sen's(T) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Kijun Sen's(K) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Senkou A(A) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Senkou B(A) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Cloud and other Ichimoku indicators:
Kumo or Cloud is very important in the Ichimoku system. Analyzing its relation with other indicators is important to detect the overall market condition.
Kumo(C) and Tenkan Sen(T): T >= C = Bullish (↑). T < C = Bearish (↓). T <> C = consolidation or no trend(↔). Score: ±0.5
Kumo(C) and Kijun Sen(K): K >= C = Bullish (↑). K < C = Bearish (↓). K <> C = consolidation or no trend(↔). Score: ±0.5
Kumo(C) and Chiku(L): L >= C = Bullish (↑). L < C = Bearish (↓). L <> C = consolidation or no trend(↔). Score: ±0.5
Kumo(C) Shadow: By analyzing the last 252 bars(you can change this option) we are analyzing the Kumo shadow behind the current price. If Kumo shadow is present behind the price, trend strength will be weakened. Score: ±0.5
Kumo(C) Future (Senkou A(A) and Senkou B(B)): A >= B = Bullish (↑). A < B = Bearish (↓). Score: ±0.5
Chiku(L) Analysis:
Vertical and Horizontal Chiku analysis will tell us about the possible consolidation of the price.
Chiku Vertical: if the price consolidates for the next 5 bars(You can change this option) will it run into the price. Please remember we are placing the current price 26 bars ago and we are interested to see the current price in open space for a clear trend. Score: ±0.5
Chikou Horizontal: If Chiku is in open space (Not running into the price), we want to review Chiku vertically i.e how much percentage of fall or rise of the current price can cause Chiku to run into the price.
So, the maximum trend score is ±10.5.
Ichimoku signals:
We know, that the crossover of Ichimoku indicators provides important signals. In this section, you can see all the crossover i.e when they happened (Bars ago)
Distance between price and Tenkan Sen and Kijun Sen: We know, the price come back to Tenkan/Kijun if it goes far away from Tenkan/Kijun. So it is important to note the distance between Tenkan and Price.
Please note that this indicator is not a strategy or buy/sell signal. It just shows you the picture of Ichimoku in multiple timeframes. I am working on some strategies of Ichimoku and will publish the same when my research is complete.
If you want to analyze Ichimoku in a single timeframe, please review the following indicator.
To maintain the table size you can use the shorthand notation from the setting.
Table with detailed analysis:
Table with shorthand notation:
Please comment if you want any clarification or found any bugs to report.
SuperJump QQE MOD MTFThis is a QQE MOD MTF version.
Mihkel00 modified Glaz's script, I modified Mihkel00 's script again.
This is a QQE Mod original version by Mihkel00 :
I simply changed the above script to update pine script 5.0 and extracted two functions.
Thank you to the two authors for sharing such a great script.
ORB Parabolic SAR Multi Time Frame (PSAR MTF)
This is an adaptation of the inbuilt PSAR function in a Multi Time Frame .
When MTF enabled It will plot two timeframe simultaneously as follows:-
1 Min with 5 Min (HTF)
5 Min with 15 Min(HTF)
15 Min with 1H(HTF)
1H with 4H(HTF)
4H with Daily(HTF)
Daily with Weekly(HTF)
Weekly with Monthly(HTF)
The higher timeframe(HTF) will get plotted in bigger circled lines.
By enabling plotting of all levels, you can see all current levels of all TF( M1 ,M5,M15,H,4H,D,W,M) on the same screen as "X" on the right side.
Alerts allow you to get alerts when these crossover happens.
MTF Bull Power Bear Power(Elder Ray Indicator)■Overview
This indicator enables to select an upper timeframe’s Bull Power Bear Power(aka Elder Ray Indicator) (MTF) and the one of chart’s timeframe simultaneously by which users can always analyze looking at upper timeframe situation.
Also, it displays signals when bull power bear power cross zero line with an ability to set alerts.
■Formula
The indicator calculates bull power and bear power following the original Elder Ray indicator as follows.
1.Bull Power : High - EMA(13)
2.Bear Power : Low - EMA(13)
3.Bull Power Bear Power : 1 + 2
※MTF is same as above
※MA period can be changed
※High/Low is highs/lows of a chart timeframe that users are opening unless you show MTF.
See the link below for the details.
www.investopedia.com
To enable MTF, users can select “Auto” mode and “Manual” mode. When “Auto” selected, upper timeframes are determined based on the chart’s timeframes that users are currently opening as follows.
Chart timeframes -> upper timeframes
Weekly -> Monthly
Daily -> Weekly
4hour -> Daily
1hour -> 4hour
30min -> 4hour
15min -> 1hour
5min -> 1hour
1min -> 15min
■Signals
When bull power bear power cross zero line, signals can be displayed. These can be used to analyze reversal of buying/selling power.
Alerts can be set with the same condition.
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エルダー·レイ·インジケーターとしても知られるブルパワー·ベアパワーのMTFバージョンインジケーターです。
一つの上位足のブルパワー·ベアパワーとチャートのタイムフレームのブルパワー·ベアパワーの両方を同時に表示することができるため、常に上位足の状況を鑑みながら分析することができます。
また、それぞれのブルパワー·ベアパワーとゼロラインとの交差でシグナル表示、アラート設定が可能です。
■計算式
ブルパワー·ベアパワーの計算式は以下の通りです。
オリジナルのエルダー·レイ·インジケーターと同じくEMAと高値·安値を用いて計算しています。
1.ブルパワー: 高値 - EMA(13)
2.ベアパワー: 安値 - EMA(13)
3.ブルパワー·ベアパワー = 1 + 2
※MTFも上記に同じ
※MAの期間は変更可能
※高値·安値は現在開いているチャートの高値·安値です。(MTFは指定したタイムフレームの高値・安値)
ブルパワー·ベアパワーの詳細は以下のリンクを参照してください。
www.investopedia.com
MTFのブルパワー·ベアパワーを表示するにあたっては、”Auto”モードと”Manual”モードの二つから選択することができます。
“Auto”モード選択時は、現在開いているチャートのタイムフレームに基づき、上位足のタイムフレームが下記の通りに自動的に決定されます。
チャートタイムフレーム -> 上位足タイムフレーム
週足 -> 月足
日足 -> 週足
4時間足 -> 日足
1時間足 -> 4時間足
30分足 -> 4時間足
15分足 -> 1時間足
5分足 -> 1時間足
1分足 -> 15分足
■シグナル
ブルパワー·ベアパワーとゼロラインとの交差でシグナルを表示します。
売り買いの強弱反転ポイントの目安として使ってください。
同じ条件でアラート設定も可能です。
Strat Radar_vtStrat Radar is a visual tool to trade "TheStrat" methodology.
TheStrat is a simple yet powerful model to view the market. From one bar to the next, there are only three possible scenarios or three types of candles:
type 1 - an inside bar. Market is in consolidation.
type 2 - a directional bar (2 up or 2 down). Market is trending.
type 3 - an outside bar. This is a broadening formation and market is taking liquidity from both upside and downside.
So by looking at candle type and combination, one can visualize what price is doing in the market.
Strat Radar makes it possible for user to see candle type and sequence for all major time frames – from a 5m bar to a yearly bar - all in one chart! And even better, it allows user to see not just one bar but last three bars!
Certain candle combination creates high probability trade setups, for example 2-1-2 or 2-2 reversals, so by looking at Strat Radar, user can quickly determine whether there are any good trading opportunities. The simple and visual layout makes it easy to go through a watch list and use Strat Radar as a scanner. There is no need to flip through multiple time frame charts.
Features:
Show candle type and color for twelve time frames from 5m to yearly bar
Show candle type and color for last three bars of each time frame
Location of candle number and candle color have specific meaning:
For non-directional bars ( 1 and 3):
Below candle means close > open
Above candle means close < open
For directional bar 2:
Below candle means: 2 up
Above candle means: 2 down
Candle color: green - close>open, red – close < open
A built-in trend strength system that can be turned on or off
A reversal marker that can be turned on or off. It is based on a combination of Strat candle sequence and trend strength
Since candle type and combination are clearly shown for each time frame, it is easy to determine whether is Full Time Frame Continuity (FTFC).
Strat Radar_vt is a light version of the full indicator and covers:
- most futures market
- 30 stocks in Dow Index
- Index and sector ETFs : SPY , QQQ , DIA, IWM , XLE , XLF , XLU , GDX , XLK , XLV , XLY , XLB , ITB , XRT , SMH , IBB , KRE , XLC , GDXJ , KBE
- Some key stocks: AAPL , AMZN , FB , GOOGL , TSLA , NVDA , NFLX
- Forex pairs: DXY , AUDCAD , AUDJPY , AUDNZD , AUDUSD , EURCAD , EURGBP , EURJPY , EURUSD , GBPJPY , GBPUSD , NZDUSD , USDCAD , USDJPY
Full version works on all stocks and assets. If you like this indicator and require the full version, please contact the author.
MTF RSI + Average (Multi-Timeframe) [TH]Multi-Timeframe Relative Strength Index --- MTF RSI
Eliminates having to change time intervals to view a different Time Interval's RSI value (up to 5 time intervals possible through the settings).
The RSI values from Multiple Time Frames can be averaged together to show one single RSI.
A table overlay (info box) makes it easy to quickly identify RSI values on the multiple different time frames.
Multi timeframes RSI Screener & indicator by noop42Since my previous x4 multi timeframes Stochastic RSI script seems to have been appreciated, I decided to make a 2nd version of this tool which focuses on the RSI indicator only.
Default parameters
RSI length : 14
Timeframes: 5, 15, 60, 240
OB/OS zones : 70 & 30
Repaint mode: enabled
Display lines: enabled
Display screener: enabled
Convergence warnings: timeframes 1, 2 & 3
Details
Repaint mode : Disabling it makes the indicator wait for the current candle to close before to change its value
Display lines: Allows you to disable RSI lines drawings, in order to move the screener on your main chart for example.
Display screener: Allows you to disable the screener, in order to use RSI lines only
OB/OS convergences warnings : Allows you to select which timeframe(s) must be taken into consideration for convergence signals (Selected timeframes can be distinguished in the screener, followed by a * char in the timeframes column)
Note The Stochastic RSI version of this tool is available here
MTF StochRSI indicator by noop42Here is a custom x3 timeframes Stochastic RSI indicator.
Main Features (can be disabled)
Average mode : for each timeframe, a single line corresponding to the average value between K and D is printed
Repaint mode : if enabled: values are updated in live, if disabled: values are updated once the concerned candle is closed
Default parameters
Timeframes: 1, 5, 15
Mode : Average value
Repaint mode: enabled
William %R MTF [DM]Greeting Colleagues
Today I share The Wlliams %R
Extras=
- 5 diferent length
- 1 extra signal with the technique used in the ultimate oscillator
- Fibo Leves based on ob os leves "width it's automatic"
- Colored bars bassed en average strength
- The indicator that is modified now has the same range as the ultimate oscillator.
Enjoy
Hx MTF Sorted MAs Panel with Freeze WarningThis script displays the close price and 4 sorted moving averages of your choice in a small repositionable panel and, when used on a higher timeframe, warns you when values may be different from actual values in the higher timeframe, inciting you to double check the actual values of the moving averages in the higher timeframe the panel is supposed to reflect.
The 4 moving averages and close are sorted together, providing you with a bird’s-eye view of their relative positions, the same way moving averages and last price values are displayed on the right scale.
The black header reminds of:
(1) the timeframe (resolution) used in the panel
(2) the remaining time before a new bar is created in the panel timeframe. Note that this remaining time is different from the one on the right scale, since it is only updated when a new transaction occurs.
Below, price and moving averages are sorted, color coded and followed by:
(1) a trend indicator ↗ or ↘ meaning that last change is up or down
(2) the number of bars since the moving average is above or below close (0 means current bar). This is obviously not displayed after the close price line (white background color).
Use
This panel was basically developed to display higher timeframe data but it can also be used with the same timeframe as chart for example if you do not want to plot moving averages on your chart but are still interested in their trends and relative positions vs price.
If you see something strange (like header is not black and displays NaN), it just means you requested moving averages that are not available in the panel timeframe. This may happen with newly introduced cryptos and “long” MA timeframes.
Different Timeframe
If you choose to use the panel on a different timeframe than the current one, be aware that you should only use timeframes higher than the current one, as per Tradingview recommendations.
If you select a lower timeframe than the current one, the panel timeframe header cell will turn to the alert color you set (fuchsia by default).
After tinkering for a while with the security function, I noticed that sometimes indicator values “freeze” (i.e. stop udating) and I have found no workaround.
What I mean is that when you look at a sma on a 5 minutes timeframe (the reference) and look at this same sma on a 5 minutes timeframe but from a lower timeframe through the security function set with a timeframe of 5 minutes, values returned by the security function are not always up to date and “freeze”. That’s the bad news.
Freeze warning
The better news is that this unexpected behaviour seems to be predictable, at least on minutes timeframes and I implemented an indicator that endeavors to detecting such situations. When the panel believes data may be frozen, the ‘Remaining Time’ header cell will turn to the alert color.
This feature is only implemented on minutes timeframes and can be switched on or off.
Other points of interest in this script
If you code, this function may also interest you:
sortWithIndexes (arrayToSort) returns a tuple (sortedArray, sortedIndexes) and therefore allows multi-dimensional arrays sorting without actually implementing a sorting algorithm 😉.
Default Settings
The default settings provide an example of commonly used moving averages with associated colors ranked from Hot (more nervous) to Cold (less nervous).
These settings are just an example and are NOT meant to be used as a trading system! DYOR!
Hope it will be useful.
Does the Freeze warning work for you? What do you think of my pseudo sorting algorithm?
Enjoy and please let me know what you think in the comments.
MTF WatchList Charts [Anan]█ OVERVIEW
I am happy to present this script with a nice idea!
You can now customize a watchlist with your preferred time frame and any symbol from any market.
The main purpose is to be aware of any moves and watch a brief overview of the chart.
█ FEATURES
- 8 customizable symbols with the option to show/hide anyone
- Multi time frame support
- 3 Types of charts (Candles / Heikin Ashi / Line)
- Displaying up to 10 candles for every chart
- Customizable chart colors
- Option to Show/hide Price
- Option to Show/hide Price Line
- Option to change Labels and Text Size
- Show Symbol name and used time frame
- Option to change gaps between charts
- Hover over on the top of any candle to see (Open/High/Low/Close) Prices
█ SCREENSHOTS
-----------------------------------------------
Special thanks to @dgtrd for inspiration and for the amazing framework used here ( HTF Candles by DGT )
Special thanks to Pine Chat @fareidzulkifli @Bjorgum @JohnBaron @fpainchaud
Coppock Curve Correlation between MTF & SlopesMy first tool !
1. The waves shows the slope of the curve. The front one = 3 periods, back one = 2 periods, difference = white area.
2. The moving lines shows the curve correlation between 2x 2 time frames (adjustable on the settings) on 2 periods lookback.
2.1 Theres few regions of high correlation, lines are at (absolute values) 0.5, 0.75, 1
3. On the top there's the Coppock curve -> if falling since 1 period = red, else green.
4. Diamonds shows : if correlation is in the strong correlation area and slope is falling or rising : red or green diamond.
This tool could be interesting to have an idea if there's strong correlation between timeframes instead of watching 4-5 different timeframes !
MTF Key Levels - Support and ResistanceThis indicator shows how to Multi Time Frame (MTF) interpret levels:
Watch how price acts around these levels and how they can act as support/resistance and can be used as great confluence levels for your technical analysis.
This indicator displays:
VWAP Levels
Daily / Weekly / Monthly / Yearly
Within the chart above I have marked out how displaying these VWAP levels can provide support and resistance levels to be aware of.
Daily – Weekly - Monthly – Yearly Levels
O = Open / H = High / L = Low
pO = Previous Open / pH = Previous High / pL = Previous Low / pEQ = Previous Equlibrium
Having previous Low/High levels makes you aware of Swing Failure Patterns (SFP). Also the daily/weekly/monthly opening and previous opening can assist with the trend.
Daily Open: Gives you an idea who is in control for the day. This level very often acts as strong support or resistance.
Weekly Open: Indicates where the price is within the higher timeframe.
Monthly Open & Yearly Levels: Overview of direction for the whole month without looking at a monthly chart and Yearly chart
Line Options
Within the line options you can choose to have a clean chart and display a “short line”. These line length can be adjusted by the user.
Line just to the right.
Line across the screen.
Disclaimer: The Monthly and Yealy VWAP will only show on higher timeframes this is due to restriction of how many candles can be shown on the chart. The candles displayed need to go back to either the start of the month of year to be able to calculate their VWAPs.
Multi TimeFrame (MTF) Trend StrengthCalculate and display simple multi timeframe (3 timeframe) trend strength using heikin ashi.
Papercuts Dual PSAR v01Dual PSAR is a trend following script that uses auto-higher timeframe calculation of the current timeframe to create a dual Parabolic Stop And Release.
This is useful because it can determine periods of transition or indecision and can flag those periods with which way it is learning even though it is undecided, what i call "Wait Zones".
When both PSARS are not in alignment, it uses the lower timeframe one to determine which way the wait zone is learning.
You can see below in the chart shows some good trends and some wait zones.
A wait zone can have bullish indication, but then still have a bearish continuation.
A wait zone can have bullish indication, and then enter a bull trend.
Typically I won't make trades in wait zones, and I will exit trades when entering one.
Just wanted to try this out and see how it did. Figured I'd share.
Tocorin_MTF_MA7 MAs (SMA or EMA) can be displayed in each period.
MTF display is performed only at 5m, 1h, and 4h.
The upper MAs to be displayed are as follows
5m: 1h, 4h, and 1D
1h: 4h and 1D
4h: 1D
The MA line style is stepline and circles to make it easier to see.
You can change it in the settings as you wish.
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各時間足で 7本の MA(SMA or EMA) 表示が可能です。
5m, 1h, 4h の時だけ MTF 表示を行います。
表示する上位 MA は下記の通り
5m: 1h と 4h と 1D
1h: 4h と 1D
4h: 1D
見やすくするためにMA の線のスタイルを stepline と circles にしています。
設定で任意に変更してください。
Multi Time Frame (MTF) RSIThis script can display Multi time frame (MTF) Relative Strength Index (RSI) values. It works on any chart and appears at the top left of the screen.
1. It can plot values from 4 different time frames which can be customized.
2. Higher time frame indicates the main trend
3. Overbought and oversold levels are highlighted with different colours.