TS Viewer MTF

11月3日

This indicator allows you to visualize Turtle Soup (TS) and Pending Range (R) formations on the current timeframe (TF).
You can also enable other timeframes to display additional pending ranges.

Multi-TF mode can be enabled or disabled based on your needs. However, since retrieving higher-TF data takes more time to process, it’s recommended to enable only a few of them. For example, the following correlations are suggested to keep the indicator running smoothly and prevent timeout errors:
• W → D
• D → 4H
• 4H → 1H
• 1H → 5m

Also, fetching data from multiple timeframes may depend on your TradingView plan, so please keep that in mind.

This indicator is free, but it took several hours to develop.
If you’d like to buy me a coffee, it would be greatly appreciated ☕🙂

USDT TRC20:
TKjUywMV1ahBTFK2s27gE2xeVk9f2GMqDo

11月26日

版本注释

CRT-Based Multi-Timeframe Trading Indicator

This indicator is built based on CRT.

Core Functionality:

It draws a box when a new pending R pattern is created on the Current Time Frame (CTF). A pending R is identified when price breaks out of a range, re-enters, and closes back inside, creating a potential objective at the opposite extreme.

Multi-Timeframe (MTF) Analysis:

The indicator supports Multi-Timeframe analysis, allowing you to monitor pending R patterns across different timeframes simultaneously.

Important MTF Considerations:

MTF functionality requires significant historical data to operate correctly
The amount of data accessible depends on your TradingView plan
Performance may vary across different subscription tiers
Enabling too many timeframes can impact performance and clutter your chart
We recommend starting with 2-3 key timeframes and adjusting based on your needs

Confluence Grouping:

When multiple timeframes share similar pending R objectives, the indicator can group them into a single confluence line for better chart clarity. For example, if 1H and 2H patterns target the same price level, they can be merged. The grouping threshold is configurable to match your trading style and instrument volatility.

Customization:

All visual elements (colors, line styles, box appearance) are fully customizable to suit your preferences and chart theme.

Alert System:

Enable alerts for specific timeframes to receive notifications when new pending R patterns are detected. Alerts include information about patterns on both the Current Timeframe and any configured Multi-Timeframes.

BETA Features:

MTF DOL (Direction of Liquidity) - Weighted Trend Analysis:

This feature calculates the dominant market direction based on a weighted analysis of pending R patterns across all enabled timeframes. Higher timeframes carry more weight in the calculation.
Example: If you have a Daily bullish pending R and a 4H bearish pending R, the DOL will show bullish because the Daily timeframe has greater weight than 4H.

SEEN BIAS - Invalidation-Based Bias Detection:

This feature tracks pending R patterns on the Current Timeframe that were created but never completed. When price consistently invalidates patterns in one direction (e.g., creating bearish Rs but not completing them), it suggests the opposite directional bias.
Example: If price creates multiple bearish pending Rs but invalidates them without reaching the objective, the BIAS indicator will show bullish, suggesting the market is rejecting downside movement.

This is an experimental feature currently in testing. Use it as confluence with other analysis rather than a standalone signal.

Configuration:
All BETA features can be independently enabled or disabled in the indicator settings. Each feature includes detailed tooltips explaining the calculation methodology and recommended usage.

11月26日

版本注释

Version name update