Bias Master Pro
The indicator also features a dynamic table that shows the current market bias for each custom timeframe, with options to adjust colors, positioning, and size for optimal visibility on your TradingView chart.
Key Features
Custom Timeframes: Set up to six custom timeframes, ranging from minutes to months.
Market Bias: Identifies and classifies market structure patterns such as:
Bullish/Bearish Bias
Breakouts and Reversals
Consolidation
Retests of support/resistance
Engulfing patterns (bullish/bearish)
Technical candlestick patterns (Hammer, Shooting Star, Doji, etc.)
Dynamic Table: Display market biases for all selected timeframes in a dynamic table.
Configurable Alerts: Set alerts for market conditions (e.g., bullish trend, bearish breakout) for each timeframe.
User-Friendly Tooltips: Each market pattern comes with a tooltip explaining its meaning.
Customizable Appearance: Choose table position, color schemes, and text size to suit your chart layout.
Inputs
Custom Timeframes
You can define up to six different custom timeframes:
Custom Timeframe 1 (Monthly): Default set to M (Monthly)
Custom Timeframe 2 (Weekly): Default set to W (Weekly)
Custom Timeframe 3 (Daily): Default set to D (Daily)
Custom Timeframe 4 (4 Hours): Default set to 240 (4 Hours)
Custom Timeframe 5 (1 Hour): Default set to 60 (1 Hour)
Custom Timeframe 6 (15 Minutes): Default set to 15 (15 Minutes)
Market Biases
The following market biases are calculated for each custom timeframe:
Bullish: The current candle's close is higher than the previous candle's high, indicating upward momentum.
Bearish: The current candle's close is lower than the previous candle's low, indicating downward momentum.
Possible Bullish Reversal: Price has dropped but shows potential to reverse upward.
Possible Bearish Reversal: Price has risen but shows potential to reverse downward.
Consolidating: Price is moving sideways, defined by highs being lower and lows being higher than the previous candle.
Likely Bullish: Likely continuation of the bullish trend, but weaker.
Likely Bearish: Likely continuation of the bearish trend, but weaker.
Inside Bar: Current candle is fully within the range of the previous candle, signaling indecision.
Outside Bar: Current candle engulfs the previous one, signaling volatility and possible breakout.
Bullish/Bearish Engulfing: Bullish or bearish engulfing pattern formed.
Uptrend/Downtrend: Market is making higher highs/lows (uptrend) or lower highs/lows (downtrend).
Breakout Up/Down: Price breaks above or below the previous candle's high/low, signaling momentum in that direction.
Retest Support/Resistance: Price tests a previous support/resistance level and reacts accordingly.
Hammer/Inverse Hammer: Bullish or bearish reversal candlestick patterns.
Shooting Star: A bearish reversal signal.
Doji: Market indecision, characterized by small price movement between open and close.
Dynamic Table
The indicator displays a dynamic table that updates with the current market direction for each custom timeframe. The table can be customized for:
Position: Choose from "Top Left", "Top Right", "Bottom Left", or "Bottom Right".
Mode: Choose from "Default", "Light", or "Dark" modes for different color schemes.
Size: Choose from "Small", "Medium", or "Large" for text size in the table.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TradersTavern directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TradersTavern directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.