StO Price Action - Panel Trend Alignment [Light]

Short Summary
- Panel-based candle coloring indicator for multi-timeframe trend alignment
- Bullish / bearish states across up to 7 timeframes
- Designed to quickly assess directional confluence

Full Description

Overview
- This indicator displays trend alignment as colored bars in a dedicated panel
- Each bar represents the directional state (bull / bear) of a selected timeframe
- Focused on fast visual confirmation of multi-timeframe bias

Timeframe Configuration
- Supports up to 7 independent timeframes
- Each timeframe can:
- Follow the chart timeframe or use a fixed resolution
- Be shown or hidden individually
- Use custom bull and bear colors
- Automatic hiding first if a timeframe duplicates another active one

Trend State Logic
- Each timeframe resolves into a binary state Bullish or Bearish
- States are visualized as colored panel candles / blocks
- Real-time mode optionally updates last

Visual Encoding
- Bullish states use configurable green-based colors
- Bearish states use configurable red-based colors

Alerts
- Optional alert per timeframe
- Alerts trigger on directional changes

Usage
- Identifying multi-timeframe trend confluence
- Filtering trades to align with dominant structure
- Quick bias check before execution on lower timeframes

Notes
- Panel reflects trend state not entry signals
- Real-time mode show updates before bar close
- Best used together with structure and levels