MultiTimeFrame Shifting Bollinger BandsJust 3 Bollinger Bands with different adjustable timeframes plus shifting (left/right) capability and non-integer deviation values.
I wrote this because I couldn't find the perfect BB indicator that matches my needs. Feel free to use it.
Mtf
security free MTF example - JDThis script is not intended for trading purposes but gives some examples how you can get values
from previous candles in other timeframes, without using security calls.
NOTE: the "open", "high" and "low" values are calculated "on the fly", as the bar progresses,
the "close" is determined at the end of the timeframe, so it's only know at the first bar of the next time period
JD.
#NotTradingAdvice #DYOR
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
(NKC) MTF Squeeze Pro MultiTimeframe Squeeze Momentum Pro
Dots indicate squeeze
Fills indicate momentum
Vortex MTFUnderstanding Vortex Indicator (VI)
The vortex indicator was first developed by Etienne Botes and Douglas Siepman who introduced the concept in the January 2010 edition of “Technical Analysis of Stocks & Commodities.” The vortex indicator is based on two trendlines: VI+ and VI-.
What is the Vortex Indicator (VI)?
A vortex indicator (VI) is an indicator composed of two lines - an uptrend line (VI+) and a downtrend line (VI-). These lines are typically colored green and red respectively. A vortex indicator is used to spot trend reversals and confirm current trends.
Vortex Indicator Calculations
The calculation for the indicator is divided into four parts.
1. True range (TR) is the greatest of:
Current high minus current low
Current high minus previous close
Current low minus previous close
2. Uptrend and downtrend movement:
VM+ = Absolute value of current high minus prior low
VM- = Absolute value of current low minus prior high
3. Parameter length (n)
Decide on a parameter length (between 14 and 30 days is common)
Sum the last n period’s true range, VM+ and VM-:
Sum of the last n periods’ true range = SUM TRn
Sum of the last n periods’ VM+ = SUM VMn+
Sum of the last n periods’ VM- = SUM VMn−
4. Create the trendlines VI+ and VI-
SUM VMn+/SUM TRn = VIn+
SUM VMn-/SUM TRn = VIn−
Repeating this process daily forms the VI+ and VI- trendlines.
The traditional application of using VI- and VI+ crossovers can result in a number of false trade signals when price action is choppy. Increase the number of periods used in the indicator to reduce this, for example, using 25 periods instead of 14.
What is MTF?
Multiple Time Frame Analysis is the technique of analyzing several time frames of the same asset before entering a trade. This type of analysis is best done using a top-down approach, i.e. starting at a higher time frame and working your way down, via several lower time frames, until the execution time frame is reached where a trade could be entered. Traders who use this technique usually look at 3 or 4 different time frames to identify the general trend and find the best entries. They minimize their risk and improve the odds of success simply by taking the bigger picture into account. It can easily be combined with any trading strategy.
Time frames are usually several times apart. For example a day trader who trades hourly charts, could analyse the weekly (high time frame), the daily (7 times smaller), the 4 hour (6 times smaller) and finally the hourly time frame (execution time frame, 4 times smaller). TradingView has a chart layout feature with multiple charts per layout, so you can analyse an asset on multiple time frames under one tab in your browser.
Summary
With MTF, you can see the Vortex indicator values for a specific time period without changing the graph time period.
Multi-Timeframe Configuration DemoThis is a developer friendly solution to the current PineScript limitation of not being able to easily configure presets for multiple timeframes.
If you're developing multi-timeframe strategies then you've no doubt done battle with built-in `input` function which only allows for a single default value. You've probably come up with all kinds of fancy workarounds, including messy hardcoding, and even gritting your teeth and patiently reentering all the necessary values each time you refresh the chart or change the timeframe. The last one is my personal favourite.
As you can see in the code below we have defined a `usePresets` condition which tells the script to use our preset configuration, otherwise the default `input` values will be used. If `usePresets` is false then we use our presets which are defined in a (fairly) easy to read condition chain with the help of some basic timeframe utility functions.
Obviously this is nothing groundbreaking, but its helped me clean up my scripts a bit, so hopefully it will help you too.
Strategy Follow Line MTF Any MM AverageThe objective is only to evaluate different configurations of the indicator "Follow Line MTF Any MM Average".
The strategy does not have position management, it's very basic, this indicator should be used to see trend, range zones, evaluate the best areas to enter the market, use higher time frames to confirm a direction can be useful.
I do not recommend using only this indicator to trade, because you can lose all your money if you do not know what you are doing.
I hope you find it useful.
Successes
MTF Trailing SL Alerts [QuantNomad]These are alerts for my MTF Trailing SL Strategy.
Entry Long position if all 4 time-frames agree on the long signal.
Exit Long positions when at least 2 time-frames disagree on the long signals.
Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.
Use "Once Per Bar Close" when creating alerts.
Link to the strategy:
Multi Time Frame StochasticThis Indicator draws 6 Stochastic Plots with different Time Frames showing only K Value.
Available Time Frames: 3m, 5m, 15m, 30m, 60m, 240m
MTF Ichimoku CloudIchimoku Cloud , Multiple Time Frames, based on the script : MTF Selection Framework functions (PineCoders)
Possible display:
- four differents Ichimoku
- Tenkan, Kijun, Chikou and Kumo (monochrome or not)
- labels : offset from line, color if you change style and with/without abbreviation
Time Frames :
- 1m
- 3m
- 5m
- 15m
- 30m
- 45m
- 1h
- 2h
- 3h
- 4h
- Daily
- Weekly
- Monthly
MTF Trailing SL Strategy [QuantNomad]This is a Multi-Timeframe version of my Trailing SL Strategy.
Few weeks ago I published Trailing SL Strategy. There I used only basic Trailing SL to enter positions.
It worked pretty well so I tried to work on it a bit. I thought what if you can use the same ATR TSL on different timeframes and combine them into one signal.
In this strategy you can use only ATR stops and choose 3 other higher timeframes in addition to your current timeframe.
You'll see Trailing SL plotted on the chart form all these timeframes.
Entry Long position if all 4 time-frames agree on long signal.
Exit Long positions when at least 2 time-frames disagree on long signal.
Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.
Here is the link to my basic Trailing SL Strategy:
Percent Change MtFThis plots the selected resolution's percent change from open to close. Easy way to check the previous period's range with less noise. Note the latest period is calculating on a bar that hasn't closed so it won't update unless you refresh/change timeframes to prevent incorrect reporting.
[fikira] Volume + MTF MAVolume normally has 1 Moving Average (standard orange coloured)
This script gives 1 extra Moving Average (default blue coloured)
BOTH MA can be shown with Multi Time Frames,
based on the most excellent work of "PineCoders"
(MTF Selection Framework functions)!
This can provide more insights, also the crossovers can be interesting!
So, default there are 2 MA's of the present Time Frame + extra 2 TF's of these MA's
(default 2 and 4 times of the present TF)
All can be enabled/disabled,
Only 1 MA:
With labels and values:
Here 2 MA but + only 1 extra TF:
[fikira] Bollinger Bands + Higher Time FramesHere is my take on BB and MTF, based on the most excellent work of
"PineCoders" (MTF Selection Framework functions)!
The big advantage is that on 1 image you can easily see where
price is compared to 5 or less BB Bands (each of different Time Frames).
This gives a lot of Support and Resistance area's!
Includes:
- 1 Bollinger Bands (can be enabled/disabled - "Bollinger Bands"
- 4 Bollinger Bands (each can be enabled/disabled - "HTF Selection 1-4")
Each BB has its colour (can be changed)
- Labels (Timeframe and price) can be enabled/disabled
- Labels position and size can be changed
...
$0 Monthly Weekly & Daily OHLC Viewer
Visualizer of current or previous month(s), week(s) & days ranges
Purpose: View last Monthly, Weekly, Daily, and/or a custom time interval OHLC, i.e. previously closed/confirmed or the ongoing higher time interval ranges
Main configurations available:
- 2 main reporting modes: View the current/ongoing M/W/D candles' OHLC (live, repaints) or report OHLC of last closed ones, i.e. previous Montly, Weekly and/or Daily
- View only latest Monthly, Weekly and/or Daily OHLC (lines) or all past ones (~channel)
- Set your own time interval for its price range(s) to be reported, e.g. last quarter '3M', 12H '720', or hide it
- View one specific day of the week OHLC reported all over the week
Graphic/visual configuration:
- Show the High & Low levels or not
- Show the Open & close levels or not
- Display a background color between top & down or lines only
- Change the background color depending if is/was rising or falling price
- Highlight the top & down breaches of higher timeframe resolution candles: Daily breaching last Weekly range, and/or the Weekly the Monthly one
- Colors & styling can be edited from the indicator's styling configuration panel
Depending on its expected usage, those configurations enable to:
- Consider previously closed candles OLHC as reference top & down ranges (support & resistance, breaches)
- Review chart's current candles evolution within their higher time interval / candle (M/W/D)
- Consider specific week days' range as a reference for the week trend
- Have a general overview of the market evolution trends
Default config is to view current candles evolving within their higher time interval / candle, while reporting last previously closed M+W is a preferred usage. Play with the config settings to find your setup.
View ongoing M+W+D OHLC with dynamic background color:
View previously closed M+W+D OHLC:
View closed H&L for M+W+D, latest only:
View Mondays' OHLC:
Feedback & support welcome.
Ehler's Reflex Indicator ( + MTF & Adaptive )Implementation of Ehler's Reflex Indicator from TASC Feb 2020.
Optional MTF and fixed/adaptive length based on one of Ehler's cycle measurements.
Optional settings for his recommended 2 bar averaging, can apply the averaging to either/and source ie (close + close ) / 2, the output of the smoothing filter portion of the calculation or the final indicator output.
Green/Red : Reflex/Cycle
Aqua/Purple : Trend
MTF Candles (Nyzo Style)This script is straight forward.
Just practicing using the security function cause I'm terrified of it.
Thanks, Daveatt for the infopanel function with the color switcher
Pivots MTF [LucF]Pivots detected at higher timeframes are more significant because more market activity—or work—is required to produce them. This indicator displays pivots calculated on the higher timeframe of your choice.
Features
► Timeframe selection
— The higher timeframe (HTF) can be selected in 3 different ways:
• By steps (15 min., 60 min., 4H, 1D, 3D, 1W, 1M, 1Y). This setting is the default.
• As a multiple of the current chart's resolution, which can be fractional, so 3.5 will work.
• Fixed.
— The HTF used can be displayed near the last bar (default).
— Note that using the HTF is not mandatory. If it is disabled, the indicator will calculate on the chart's resolution.
— Non-repainting or repainting mode can be selected. This has no impact on the display of historical bars, but when no repainting is selected, pivot detection in the realtime bar will be delayed by one chart bar (not one bar at the HTF).
► Pivots
— Three color schemes are provided: green/red, aqua/pink and coral/violet (the default).
— Both the thickness and brightness of lines can be controlled separately for the hi and lo pivots.
— The visibility of the last hi/lo pivots can be enhanced.
— Prices can be displayed on pivot lines and the text's size and color can be adjusted.
— The number of bars required for the left/right pivot legs can be controlled (the default is 4).
— The source can be selected individually for hi and lo pivots (the default is hlc3 and low .
— The mean of the hi/lo pivot values of the last few thousand chart bars can be displayed. Pivots having lasted longer during the mean's period will weigh more in the calculation. The mean can be displayed in running mode and/or only showing its last level as a long horizontal line. I don't find it very useful; maybe others will.
► Markers and Alerts
— Markers can be configured on breaches of either the last hi/lo pivot levels, or the hi/lo mean. Crossovers and crossunders are controlled separately.
— Alerts can be configured using any of the marker combinations. As is usual for my indicators, only one alert is used. It will trigger on the markers that are active when you create your alert. Once your markers are set up the way you want, create your alert from the chart/timeframe you want the alert to run on, and be sure to use the “Once Per Bar Close” triggering condition. Use an alert message that will remind you of the combination of markers used when creating the alert. If you use multiple markers to trigger one alert, then having the indicator show those markers will be important to help you figure out which marker triggered the alert when it fired.
A quick look at the pattern of these markers will hopefully convince you that using them as entry/exit signals would be perilous, as they are prone to whipsaw. I have included them because some traders may use the markers as reminders.
Using Pivots
These pivots can be used in a few different ways:
— When using the high / low sources they will show extreme levels, breaches of which should be more significant.
— Another way to use them is with hlc3 (the average of the high , low and close ) for hi pivots and low for the lo pivots. This accounts for my personal mythology to the effect that drops typically reach previous lows more easily than rallies make newer highs.
— Using low for hi pivots and high for lo pivots (so backward) can be a useful way to set stops or to detect weakness in movements.
You will usually be better served by pivots if you consider them as denoting regions rather than precise levels. The flexibility in the display options of this indicator will help you adapt it to the way you use your pivots. To indicate areas rather than levels, for example, try using a brightness of 1 with a line thickness of 30. The cloud effect generated this way will show areas better than fine lines.
Realize that these pivot lines are positioned in the past, and so they are drawn after the fact because a given number of bars need to elapse before calculations determine a pivot has occurred. You will thus never see a pivot top, for example, identified on the realtime bar. To detect a pivot, it takes a number of bars corresponding to the dilation of the higher timeframe in the current one, multiplied by the number of bars you use for your pivots' right leg. Also note that the Pine native function used to detect pivots in this indicator considers a summit to be a top when the number of bars in each leg are lower or equal to that top. Bars in legs do not need to be progressively lower on each side of the pivot for a pivot to be detected.
If you program in Pine
— See the Pinecoders MTF Selection Framework for an explanation of the functions used in this script to provide the selection mechanism for the higher timeframe.
— This code uses the Pine Script Coding Conventions .
Thanks
— To the Pine coders asking questions in the Pine Script chat on TV ; your questions got me to write this indicator.
Extended Ichimoku by Grzechu789This script extends capabilities of Ichimoku Indicator adding nondisplaced SSB line (serves as Kijun Sen line) and ability to see Kijun Sen line from higher (or lower) timeframes.
Other than that it's same as original Ichimoku Kinko Hyo Indicator. Enjoy!
MACD Multi Time FrameThis is non-repainting multi time frame MACD script. You can choose HTF manually or HTF is calculated automatically if HTF Mode is "Auto" that is default.
CHK AIH (ACTION IS HERE!)-ALMA SCREENERWe do not like to stare at the screen whole day, instead we like to jump where the
action is.... The Screener was written with this in mind
CHK AIH (ACTION IS HERE!)-ALMA BASED SCREENER
FEATURES
User can enter 3 Resolutions of his/her choice
User can select 3 Mov Avg Length of his her choice, which would be identical for all the three timeframes
User can enter stock basis his/her region's stock exchange
User can shift the screener left or right if not visible in a Multiscreen mode
Uses ALMA (Arnaud Legoux Mov Avg) as it smooth and reactive
Code is also provided below of MTF ALMA Moving Average OVERLAY on which this screener is based
LOGIC
For a particular timeframe If all the Moving Average are calibrated in one direction, it will show the requisite color.
For Example in an ideal scenario for a bull trend ALMA(5)> ALMA(13) > ALMA(21), once such a situation is identified, the screener will show green.
Yellow means lack of Calibration.
When 3 timeframes are calibrated, it becomes a high Probability Trade
BUGS
It is not allowing to enter the D/W/M timeframes, timeframe in numbers ...5/15/60 is working fine. If somebody can fix it
it would be great
LIMITATIONS
Because of TV's limitations only 4 scrips can be entered, however one add the indicator again with new scrips
//////////// CREDITS ////////////////////////////////////////////////////////////////////////////////////
//// hxxps://www.tradingview.com/script/rwdgyEZe/
/// Thank You Inno14 for graciously sharing your work. Your work has helped immensely !!!
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TECHMAHINDRA
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MTF Smoothed Moving Averages x4A set of smoothed moving averages that stay at a fixed timeframe, regardless of the timeframe of the chart but don't have nasty jaggedy lines. Instead, they are smooooooooooooth...
MTF MA (yasujiy)"MTF MA" is Multiple Time Frame Moving Average looks like MT4 indicator.
You can choose MTF, Source, Length, Offset and Smoothing method.
"MTF MA"は複数時間枠に対応した移動平均でMT4の指標と同じ使い勝手になっています。
パラメータは、MTF時間枠、四本値、期間、オフセット、平均の種類を変えることができます。