OPEN-SOURCE SCRIPT
Market Phase Dashboard MTF

Getting into a trade is the easy part. if anyone out there could use a little assistance in knowing when to exit a trade this ones for you..
This is a Market Phase Dashboard MTF (Multi-Timeframe) that classifies market conditions into 4 distinct phases based on trend + momentum alignment. Here's what it does:
The 4 Market Phases:
CONTINUATION 🟢 - Uptrend (EMA rising) + Strong momentum (RSI > 55)
Translation: "Trend is strong, keep riding it"
SLOWING 🟠 - Two scenarios:
Uptrend but momentum fading (RSI ≤ 55), OR
Downtrend but momentum not fully committed (RSI ≥ 45)
Translation: "Trend losing steam, be cautious"
EXHAUSTION 🔴 - Downtrend (EMA falling) + Weak momentum (RSI < 45)
Translation: "Trend is dying, possible reversal coming"
NEUTRAL ⚪ - Anything that doesn't fit above (shouldn't happen much with these thresholds)
Multi-Timeframe View:
Shows phases for:
Chart TF - Whatever timeframe you're viewing (only updates on confirmed bar close)
5m - Always shows 5-minute phase
15m - Always shows 15-minute phase
Visual Cues:
Background color changes based on the live chart timeframe phase (updates in real-time, not waiting for bar close)
Table shows confirmed phases for all timeframes
Practical Use:
Helps you understand if different timeframes are aligned. For example:
All 3 showing CONTINUATION = strong aligned trend, high confidence trades
15m EXHAUSTION but 5m CONTINUATION = possible short-term bounce in downtrend
Mixed signals = choppy/transitional market, stay cautious
It's basically a trend health checker across multiple timeframes at a glance! I am also in the works of adding every higher time frame so that it will consist of 5 min all the way to the 12 mo time frame i will keep you guys updated as i update this indicator.
This is a Market Phase Dashboard MTF (Multi-Timeframe) that classifies market conditions into 4 distinct phases based on trend + momentum alignment. Here's what it does:
The 4 Market Phases:
CONTINUATION 🟢 - Uptrend (EMA rising) + Strong momentum (RSI > 55)
Translation: "Trend is strong, keep riding it"
SLOWING 🟠 - Two scenarios:
Uptrend but momentum fading (RSI ≤ 55), OR
Downtrend but momentum not fully committed (RSI ≥ 45)
Translation: "Trend losing steam, be cautious"
EXHAUSTION 🔴 - Downtrend (EMA falling) + Weak momentum (RSI < 45)
Translation: "Trend is dying, possible reversal coming"
NEUTRAL ⚪ - Anything that doesn't fit above (shouldn't happen much with these thresholds)
Multi-Timeframe View:
Shows phases for:
Chart TF - Whatever timeframe you're viewing (only updates on confirmed bar close)
5m - Always shows 5-minute phase
15m - Always shows 15-minute phase
Visual Cues:
Background color changes based on the live chart timeframe phase (updates in real-time, not waiting for bar close)
Table shows confirmed phases for all timeframes
Practical Use:
Helps you understand if different timeframes are aligned. For example:
All 3 showing CONTINUATION = strong aligned trend, high confidence trades
15m EXHAUSTION but 5m CONTINUATION = possible short-term bounce in downtrend
Mixed signals = choppy/transitional market, stay cautious
It's basically a trend health checker across multiple timeframes at a glance! I am also in the works of adding every higher time frame so that it will consist of 5 min all the way to the 12 mo time frame i will keep you guys updated as i update this indicator.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.