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Multi-Confluence MTF S/R Signal

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5 Confluences:

RSI - Detects oversold/overbought conditions with momentum
MACD - Confirms trend direction and momentum shifts
Moving Average Trend - Validates price position relative to 50 SMA and 20 EMA
Volume - Ensures strong participation (1.5x average volume)
Price Action - Confirms breakout (higher high for buys, lower low for sells)

Features:

Green triangles below bars = BUY signal (all 5 confluences bullish)
Red triangles above bars = SELL signal (all 5 confluences bearish)
Background coloring when signals occur
Real-time dashboard showing each confluence status
Built-in alerts you can enable
Customizable parameters for all indicators


Multi-Timeframe Features:
Higher Timeframe Analysis (Default: 60 min)

HTF Trend - Checks if price is above/below moving averages on higher timeframe
HTF MACD - Confirms momentum direction
HTF RSI - Validates not overbought/oversold

Signal Types:

Strong Signals (Full triangles with text)

✅ All 5 current timeframe confluences aligned
✅ Higher timeframe confirmation (2 of 3 HTF conditions)
GREEN "BUY" or RED "SELL" labels


Weak Signals (Small transparent triangles with "?")

✅ All 5 current timeframe confluences aligned
❌ NO higher timeframe confirmation
Use with caution - may signal counter-trend trades



Dashboard Updates:

Shows Current Timeframe section (all 5 confluences)
Shows HTF status (your chosen higher timeframe)
Displays final signal strength

Customizable Settings:

Enable/Disable MTF - Toggle multi-timeframe confirmation
Higher Timeframe - Choose any timeframe (15m, 60m, 4H, D, etc.)
Require HTF - Force HTF confirmation or allow weak signals

Alerts:

Strong Buy/Sell - Full confirmation
Weak Buy/Sell - No HTF confirmation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.