Lucky: MTF Trend & Breakout Dashboard

The Lucky: MTF Trend & Breakout Dashboard indicator is a comprehensive technical analysis tool that integrates nine core analytical engines into a unified chart overlay and live dashboard system. It aims to identify high-probability trend entries and breakout opportunities by providing multi-timeframe confirmation and objective trade scoring.

Usage

The indicator acts as a complete trading workstation, consolidating trend, momentum, and volatility data. Use the core workflow to validate setups:

1. Monitor the Bias Table: Locate the table in the top-right to ensure market structure alignment. A reading of 70% or higher in the average (AVG) column suggests strong directional conviction across multiple timeframes.
2. Identify UT Bot Signals: Look for "Buy" or "Sell" labels generated by the adaptive trailing stop. These are primary entry triggers confirmed by volume.
3. Validate via Supertrend & MACD: Ensure the Supertrend haze matches your trade direction (green for bullish, red for bearish) and the MACD is properly positioned relative to its signal line.
4. Review the Trade Probability Score (TPS): Check the dashboard in the bottom-right for a score from 0-100. Scores above 80 indicate high-probability conditions, while scores below 40 suggest avoiding the trade.
5. Manage Risk: Utilize the automated Stop Loss and Take Profit lines (R1 through R3) that appear upon signal confirmation.

Details

This script utilizes a layered confluence architecture to reduce noise and prevent trading against the broader trend:

• Trend & Momentum Engine: Combines an adaptive UT Bot, Supertrend with ATR-based haze fills, and a Zero Lag SMA (ZLSMA) filter.
• Multi-Timeframe (MTF) Intelligence: Analyzes up to eight timeframes (1m to Daily) simultaneously to provide a "Bias Table" summarizing RSI, MACD, VWAP, and moving average alignment.
• Phase 2 Advanced Analytics: Includes Liquidity Sweep detection for identifying stop-hunts, Relative Strength (RS) comparison against benchmarks like SPY or QQQ, and Volatility State classification (Squeeze/Expansion).
• Opening Range Breakout (ORB): Automatically tracks price action relative to the 5m, 15m, 30m, and 60m opening ranges.

Settings

Moving Averages & VWAP

• Moving Averages: Configure up to four MAs (Fast, Medium, Medium-Long, Long) with various types including EMA, SMA, VWMA, and HMA.
• VWAP: Adjustable anchor periods (Session to Year) with up to three standard deviation or percentage-based bands.

Signal Logic

• UT Bot Settings: Adjust sensitivity and ATR periods. Includes options for 2-bar confirmation and ZLSMA trend filtering.
• MACD Filters: Settings for fast/slow periods and a minimum separation filter to suppress weak crossovers.
• ADX & RSI Filters: Define minimum strength thresholds for ADX and specific pullback zones for RSI to refine entry conditions.

Dashboard & Visuals

• Market Bias Table: Individual toggles for every row (e.g., 3-Day Bias, VIX Index, VWAP status) and timeframe selection.
• Price Point Live Dashboard: Toggles for 35+ real-time data points including Pivot levels, 52-week High/Low, and Relative Volume.
• Stock Presets: One-click configuration buttons for popular tickers like NVDA, AAPL, and TSLA.

FAQ

How do I interpret the Trade Probability Score? A score of 80-100 represents a high-probability setup with maximum confluence; 60-79 is a standard "good" setup; 40-59 is neutral; and below 40 indicates poor conditions that should generally be avoided.

Can I use this for different trading styles? Yes, the indicator is versatile: use the 1m or 5m for scalping, 15m for day trading, and 1h or 4h for swing trading. The Bias Table will always provide higher timeframe context regardless of your chart.

How do I access Lucky: MTF Trend & Breakout Dashboard? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.