MTF Trend & Entry Signal v4

MTF Trend & Entry Signal – Your Personal Trend Filter

Ever felt lost trying to align high-timeframe trends with low-timeframe entries?
This script is your multi-timeframe compass — blending higher timeframe momentum with lower timeframe precision.

The Strategy

The idea is simple but powerful:

Identify trend strength on larger timeframes (like 1H & 4H) using EMA and ADX.

Wait for a clean setup on a smaller chart (like 5m or 15m) using EMAs, RSI, and MFI.

Only act when both align. No guessing. No chasing.

You get a clean BUY or SELL flag, filtered and timed, based on your own conditions.

Fully Configurable

You can toggle:

Whether to use the HTF trend bias

EMA entry filters (including single, double, or triple cross logic)

RSI and MFI filters with split buy/sell thresholds

Signal filtering to avoid duplicate entries

Everything is modular — turn off what you don’t need.

Visual Aid

At the top right, a live HTF bias panel shows whether the 1H and 4H trends are bullish, bearish, or neutral — in clear color-coded blocks.
Green = strength, Red = caution. Trust it.

Entry Timing

Entry logic only activates when:

The HTF trend is in agreement (if enabled)

Price confirms with your EMA(s)

RSI and MFI show conviction

A clean signal appears (no clutter or spam)

You can trade this manually or automate with alerts.

Use Cases

Ideal for scalpers and intraday traders who:

Want confirmation from HTF bias

Need clean, rule-based entries

Want to avoid noise and false signals

Works well on indices, crypto, forex, and commodities.

This is not a strategy, it’s a framework — built to adapt to you.
Start with the defaults, then tune each piece to fit your style.

Enjoy, and trade smart. 📉📈