#TheStrat Multi-Timeframe In-Force Signals, Failed 2's, and FTFC

The #TheStrat Multi-Timeframe In-Force Signals, Failed 2's, and FTFC indicator identifies TheStrat bar combinations, in-force signals, and timeframe continuity to help traders spot prevailing trends and potential reversal points. By integrating "Failed 2's" and timeframe-based range reclaims, the tool offers early indications of trend exhaustion and directional shifts.

Usage

The script is used to monitor market sentiment across multiple timeframes simultaneously through a customizable table. Users can identify:

• Failed 2 Setups: These occur when a 2U or 2D bar fails to follow through. A Failed 2U is bearish, while a Failed 2D is bullish.
• Timeframe Continuity (TFC): The tool tracks Full Timeframe Continuity (FTFC), coloring candles green when all selected timeframes are above their open and red when all are below.
• In-Force Signals: Arrows indicate whether price is currently trading outside the previous bar's range (▲ for up, ▼ for down).

The Failed Bar Method setting allows you to define failure based on the Open, a Reclaim of the previous range, Both, or Either. The FTFC Override is a key feature that ignores reclaim-type failures if all higher timeframes are in full agreement with the trend, helping traders stay with the dominant momentum.

Details

The indicator follows TheStrat's bar classification:

• 1 (Inside Bar): Contained within the previous bar's range.
• 2U/2D (Directional): Breaks the previous high (2U) or low (2D).
• 3 (Outside Bar): Breaks both the previous high and low.

The script calculates these types across a scanning panel of up to 10 user-defined timeframes. It utilizes logic that detects when a directional break is reclaimed, signaling a potential "flip" in bias. Note that due to technical limitations, timeframes lower than the current chart interval cannot be displayed and will be greyed out.

Settings

Timeframes

• TF 1-10: Toggle and select the specific timeframes to be monitored in the panel.

Calculation Method

• Failed Bar Method: Select between Open, Reclaim, Both, or Either to define how a Failed 2 is triggered.
• FTFC Overrides Reclaim: When enabled, classic FTFC agreement takes precedence over reclaim signals.

Display & Styling

• Show TFC Table: Toggles the visibility of the MTF panel.
• Table Position/Orientation: Adjusts where and how the panel is displayed on the chart.
• TFC Candles: Colors the main chart bars based on Full Timeframe Continuity.
• Highlight Failed Bar Transitions: Colors bars that trigger a TFC flip due to a failed-2 event.

FAQ

How do I access #TheStrat Multi-Timeframe In-Force Signals, Failed 2's, and FTFC?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

What is the difference between a Reclaim and a Failed 2?

A Failed 2 is a specific scenario where a 2-type bar (directional) fails to sustain its break. A Reclaim refers more broadly to the price returning inside the previous bar's high/low range.

Why are some timeframes greyed out in the table?

Timeframes lower than your current chart interval cannot be calculated accurately in real-time due to platform limitations; therefore, they are disabled to prevent misleading data.