Multi-Timeframe Price Action Analysis

6月10日

Multi-Timeframe Price Action Analysis
This indicator analyzes price action across multiple timeframes to determine bullish and bearish signals. It creates a dashboard showing how price interacts with previous candles' highs and lows.

Features
- Analyzes 4 customizable timeframes simultaneously
- Detects when price:
-- Grabs lows and comes back inside (bullish)
-- Grabs highs and comes back inside (bearish)
-- Grabs both highs and lows
-- Moves above previous high
-- Moves below previous low
-- Calculates bullish/bearish percentages for each timeframe
-- Visual dashboard with color-coded signals

Adjustable confirmation settings
-- Settings
-- Customize timeframes (default: 15min, 1H, 4H, D)
-- Toggle confirmation waiting
-- Set number of confirmation candles


This is a very rudimentary version.. I will make a more robust version soon

For it to be considered a "grab" the current price must be within the previous candle's range..

This also does not focus on candle closures just highs and lows

Also note that this is a little aggressive in that it does not require a bullish close for example to be considered bullish, a bearish close inside the previous candle is considered valid, this is to handle the morning stars that have a slightly bearish close in middle candle etc.. obviously do not rely on this indicator.. look at the price action and determine if you think its worth taking..

Same goes for bullish closes inside previous candle after grabbing highs..

7月13日

發行說明

This script does the following:

Displays a table that shows how each current candle has interacted with the highs and lows of each candle and whether they have been "grabbed"

A "grab" in this case is defined as any candle that has seeked the highs or lows of previous candle and is currently still within the previous candle's range

So this script does NOT focus on candle closures, its focused on the current state of the market, so this analysis should be used on top of analyzing recent candle closures, do not use this indicator in isolation and do not rely on it for anything other than helping to give a birds eye view of the overall market

Ideally you will see good longs shape up if you see timeframes all have lows grabbed, but once the candle closes the checkmarks will erase as now that candle is the "previous candle", that doesn't mean its not a good long to take...

So again this is like a birds eye view sort of "heads up" about the CURRENT candle.. and does NOT focus on candle closures for signals.. because the "current candle" (inherently) is never closed...

Edits:
- I have removed the percentages, they were largely pointless..
- I added the ability to use multiple timeframes
- I added the ability to move the table and defaulted to bottom_right

7月13日

發行說明

This script does the following:

Displays a table that shows how each current candle has interacted with the highs and lows of each candle and whether they have been "grabbed"

A "grab" in this case is defined as any candle that has seeked the highs or lows of previous candle and is currently still within the previous candle's range

So this script does NOT focus on candle closures, its focused on the current state of the market, so this analysis should be used on top of analyzing recent candle closures, do not use this indicator in isolation and do not rely on it for anything other than helping to give a birds eye view of the overall market

Ideally you will see good longs shape up if you see timeframes all have lows grabbed, but once the candle closes the checkmarks will erase as now that candle is the "previous candle", that doesn't mean its not a good long to take...

So again this is like a birds eye view sort of "heads up" about the CURRENT candle.. and does NOT focus on candle closures for signals.. because the "current candle" (inherently) is never closed...

Edits:
- I have removed the percentages, they were largely pointless..
- I added the ability to use multiple timeframes
- I added the ability to move the table and defaulted to bottom_right
- Removed old analysis settings for percentages

7月13日

發行說明

This script does the following:

Displays a table that shows how each current candle has interacted with the highs and lows of each candle and whether they have been "grabbed"

A "grab" in this case is defined as any candle that has seeked the highs or lows of previous candle and is currently still within the previous candle's range

So this script does NOT focus on candle closures, its focused on the current state of the market, so this analysis should be used on top of analyzing recent candle closures, do not use this indicator in isolation and do not rely on it for anything other than helping to give a birds eye view of the overall market

Ideally you will see good longs shape up if you see timeframes all have lows grabbed, but once the candle closes the checkmarks will erase as now that candle is the "previous candle", that doesn't mean its not a good long to take...

So again this is like a birds eye view sort of "heads up" about the CURRENT candle.. and does NOT focus on candle closures for signals.. because the "current candle" (inherently) is never closed...

Edits:
- I have removed the percentages, they were largely pointless..
- I added the ability to use multiple timeframes
- I added the ability to move the table and defaulted to bottom_right
- Removed old analysis settings for percentages
- Added ability to remove timeframes from the table