Multi-Timeframe Supertrend Dashboard - Enhanced

The Multi-Timeframe Supertrend Dashboard - Enhanced indicator provides a comprehensive overview of market trends by monitoring Supertrend signals across multiple user-defined timeframes simultaneously within a single visual dashboard.

Usage

This tool is designed to streamline trend analysis by eliminating the need to manually switch between different charts. Traders can use the dashboard to identify trend alignment, which occurs when multiple timeframes display the same signal direction.

• Trend Confirmation: Use the dashboard to ensure that short-term price movements align with the higher-timeframe trend before entering a trade.
• Market Snapshot: Quickly assess whether the market is in a broad bullish (all green), bearish (all red), or consolidating (mixed) state.
• Alignment Signals: When all tracked timeframes align, the indicator applies a background color highlight to the chart, signaling strong directional momentum.

Details

The indicator utilizes the standard Supertrend calculation, which combines the Average True Range (ATR) with a multiplier to determine dynamic support and resistance levels. When the price closes above the upper band, a "BUY" signal is triggered; when it closes below the lower band, a "SELL" signal is triggered.

By utilizing the request.security function, this script fetches trend data from up to six different timeframes and displays them in an organized table on the UI. The dashboard is optimized for high visibility, using color-coded cells (Green for BUY, Red for SELL) to represent the current state of each timeframe.

Settings

• ATR Period: Determines the lookback period used for the Average True Range calculation, affecting the indicator's sensitivity to volatility.
• Multiplier: Sets the factor by which the ATR is multiplied to create the Supertrend bands. Lower values result in tighter bands and more frequent signals.
• Timeframes 1-6: Allows users to specify which timeframes (e.g., 1m, 1h, Daily) the dashboard should track.
• Show Timeframes: Toggles the visibility of specific timeframe rows within the dashboard table.
• Enable Alerts: Enables or disables alert notifications for when all timeframes align in the same direction.

FAQ

How do I access the Multi-Timeframe Supertrend Dashboard - Enhanced? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Can I change the timeframes displayed on the dashboard? Yes, you can customize all six timeframes in the settings menu to match your specific trading strategy and preferred intervals.

What does it mean when the background color changes? A background color highlight indicates that all active timeframes in your dashboard have aligned (e.g., all are currently in a "BUY" or "SELL" state), suggesting a high-conviction trend.