PROTECTED SOURCE SCRIPT
AlphaConsensus Meter - Multi-Timeframe Trend Consensus
🎯 AlphaConsensus Meter
The Problem Every Trader Faces:
You're looking at a 1-hour chart showing strong bullish momentum, but is the daily trend aligned? What about the 4-hour? Most traders guess.
The Solution:
This indicator combines trend strength across 4 customizable timeframes into a single consensus score (0-100). When all your chosen timeframes align above 70, you have maximum confidence. When they conflict, you know to be cautious.
🔥 Key Features:
✅ Fully Customizable Timeframes - Choose ANY 4 timeframes that match your trading style
✅ Multi-Component Analysis - Combines ADX strength, EMA alignment, and momentum slope
✅ Professional Table Display - See individual timeframe scores + overall consensus
✅ Clean Chart Interface - No clutter, just actionable intelligence
✅ Smart Alerts - Get notified when consensus enters key zones
✅ Universal Compatibility - Works on all markets: Forex, Crypto, Stocks, Commodities
📊 How It Works:
The indicator calculates trend consensus using three proven components:
ADX (40%) - Pure trend strength measurement
Trend Direction (40%) - Price vs EMA positioning
Momentum (20%) - Rate of trend acceleration
Each timeframe gets scored 0-100, then combined for your overall consensus reading.
🎨 Color-Coded Zones:
🟢 70-100: STRONG CONSENSUS - High-confidence trend continuation zone
🟡 30-70: MIXED SIGNALS - Conflicting timeframes, trade with caution
🔴 0-30: WEAK CONSENSUS - Low conviction, consider range-bound strategies
💡Tips:
Day Traders: Use 1m, 5m, 15m, 1H timeframes
Swing Traders: Use 1H, 4H, 1D, 1W timeframes
Position Traders: Use 4H, 1D, 1W, 1M timeframes
Best Setups: All 4 timeframes showing 70+ consensus (green)
Avoid: Mixed signals with conflicting colors
⚡ Default Setup:
Timeframe 1: Current chart period
Timeframe 2: 60 minutes
Timeframe 3: 240 minutes (4H)
Timeframe 4: Daily
🚀 Why This Indicator Works:
Most traders focus on single timeframes and miss the bigger picture. This tool gives you the multi-timeframe consensus packaged in a clean, easy-to-read format.
📈 Perfect For:
Confirming trend continuation setups
Identifying high-probability entry zones
Avoiding false breakouts with weak consensus
Building multi-timeframe confluence
⚠️ Disclaimer: This is for educational purposes. Past performance doesn't guarantee future results. Always use proper risk management.
The Problem Every Trader Faces:
You're looking at a 1-hour chart showing strong bullish momentum, but is the daily trend aligned? What about the 4-hour? Most traders guess.
The Solution:
This indicator combines trend strength across 4 customizable timeframes into a single consensus score (0-100). When all your chosen timeframes align above 70, you have maximum confidence. When they conflict, you know to be cautious.
🔥 Key Features:
✅ Fully Customizable Timeframes - Choose ANY 4 timeframes that match your trading style
✅ Multi-Component Analysis - Combines ADX strength, EMA alignment, and momentum slope
✅ Professional Table Display - See individual timeframe scores + overall consensus
✅ Clean Chart Interface - No clutter, just actionable intelligence
✅ Smart Alerts - Get notified when consensus enters key zones
✅ Universal Compatibility - Works on all markets: Forex, Crypto, Stocks, Commodities
📊 How It Works:
The indicator calculates trend consensus using three proven components:
ADX (40%) - Pure trend strength measurement
Trend Direction (40%) - Price vs EMA positioning
Momentum (20%) - Rate of trend acceleration
Each timeframe gets scored 0-100, then combined for your overall consensus reading.
🎨 Color-Coded Zones:
🟢 70-100: STRONG CONSENSUS - High-confidence trend continuation zone
🟡 30-70: MIXED SIGNALS - Conflicting timeframes, trade with caution
🔴 0-30: WEAK CONSENSUS - Low conviction, consider range-bound strategies
💡Tips:
Day Traders: Use 1m, 5m, 15m, 1H timeframes
Swing Traders: Use 1H, 4H, 1D, 1W timeframes
Position Traders: Use 4H, 1D, 1W, 1M timeframes
Best Setups: All 4 timeframes showing 70+ consensus (green)
Avoid: Mixed signals with conflicting colors
⚡ Default Setup:
Timeframe 1: Current chart period
Timeframe 2: 60 minutes
Timeframe 3: 240 minutes (4H)
Timeframe 4: Daily
🚀 Why This Indicator Works:
Most traders focus on single timeframes and miss the bigger picture. This tool gives you the multi-timeframe consensus packaged in a clean, easy-to-read format.
📈 Perfect For:
Confirming trend continuation setups
Identifying high-probability entry zones
Avoiding false breakouts with weak consensus
Building multi-timeframe confluence
⚠️ Disclaimer: This is for educational purposes. Past performance doesn't guarantee future results. Always use proper risk management.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.