OPEN-SOURCE SCRIPT

Bias Bar Coloring + Multi-Timeframe Bias Table + Alerts

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Multi-Timeframe Bias Bar Coloring with Alerts & Table

This indicator provides a powerful, visual way to assess price action bias across multiple timeframes—Monthly, Weekly, and Daily—while also coloring each bar based on the current chart’s bias.

Features:

Persistent Bar Coloring: Bars are colored green for bullish bias (close above previous high), red for bearish bias (close below previous low), and persist the last color if neither condition is met. This makes trend shifts and momentum easy to spot at a glance.

Bias Change Alerts: Get notified instantly when the bias flips from bullish to bearish or vice versa, helping you stay on top of potential trade setups or risk management decisions.

Multi-Timeframe Bias Table: A table anchored in the top right corner displays the current bias for the Monthly, Weekly, and Daily charts, color-coded for quick reference. This gives you a clear view of higher timeframe context while trading any chart.

Consistent Logic: The same objective bias logic is used for all timeframes, ensuring clarity and reliability in your analysis.

How to Use:

Use the bar colors for instant visual feedback on trend and momentum shifts.

Watch the top-right table to align your trades with higher timeframe bias, improving your edge and filtering out lower-probability setups.

Set alerts to be notified of bias changes, so you never miss a potential opportunity.

This tool is ideal for traders who value multi-timeframe analysis, want clear visual cues for trend direction, and appreciate having actionable alerts and context at their fingertips.

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.