MTF Dashboard 9 Timeframes + Signals

The MTF Dashboard 9 Timeframes + Signals indicator creates a comprehensive multi-timeframe analysis system that synthesizes market conditions across 9 different intervals into actionable confluence scores. By combining trend analysis, momentum, volatility, and volume into a unified dashboard, it allows traders to instantly assess overall market bias with statistical confidence.

Usage

The Usage section allows for real-time monitoring of trend alignment across multiple timeframes without manual chart switching.

• Market Bias Analysis: Users can observe the overall directional bias (Bullish, Bearish, or Neutral) and the conviction percentage calculated from active timeframes.
• Confluence Ratings: The star rating system (1-5 stars) provides a visual representation of signal strength, where 5 stars indicate maximum agreement between all internal indicators.
• Signal Interpretation:
  • Strong Bullish (⬆⬆): High-conviction upward momentum with a score ≥ 2.
  • Strong Bearish (⬇⬇): High-conviction downward momentum with a score ≤ -2.
  • Neutral (➡): Conflicting signals or flat market conditions.
• Entry Strategy: A common application is looking for high confluence (4-5 stars) on the trading timeframe while ensuring alignment with higher timeframes to validate the trend.

Details

The script operates through a mathematical confluence algorithm that processes data from several key technical components:

• Trend: Based on Fast (9) and Slow (21) EMA crossovers.
• Momentum: Analyzes RSI levels relative to overbought (70) and oversold (30) zones.
• Volatility: Uses MACD histogram strength and signal line positioning.
• Volume: Compares current volume against a 20-period moving average to identify high-interest areas.
• SuperTrend & SMA: Integrated overlays provide additional visual confirmation on the chart and dashboard.

The tool uses request.security() calls to fetch data from intervals ranging from 1 minute to 1 month. This ensures that calculations for the weekly timeframe, for example, are performed using weekly data rather than approximating from the current chart's bars.

Settings

Dashboard Settings

• Table Position: Determines the location of the dashboard on the chart.
• Text Size: Adjusts the scale of the dashboard text.
• Transparency: Controls the visibility of the dashboard background.

Timeframe Selection

• TF Toggles: Individual checkboxes to enable or disable any of the 9 timeframes (1m, 5m, 15m, 30m, 1H, 4H, Daily, Weekly, Monthly).

Indicator Settings

• EMA Fast/Slow: Sets the periods for the trend-following EMA crossover.
• RSI Length: Determines the period for momentum calculations.
• MACD Parameters: Customizes Fast, Slow, and Signal lengths for volatility analysis.

Signal & SuperTrend Settings

• Strong Signal Threshold: The minimum score required to trigger strong buy/sell labels.
• Signal Cooldown: Minimum number of bars between consecutive signal labels to prevent visual clutter.
• SuperTrend ATR Period/Factor: Configuration for the SuperTrend trend detection logic.

FAQ

How do I interpret the overall bias percentage? The bias percentage represents the conviction level based on the ratio of bullish vs. bearish signals across all your active timeframes. A higher percentage indicates stronger harmony in the market direction.

Can I use this for scalping and swing trading? Yes. For scalping, you should focus on the alignment of lower timeframes (1m-30m). For swing trading, prioritize the 1H, 4H, and Daily timeframes to ensure you are trading with the primary trend.

How do I get access to the MTF Dashboard 9 Timeframes + Signals? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.