Nimu Market on Paper

Multi-Timeframe Analysis Tool is a powerful visual aid for identifying trends, reversals, and key price movements across multiple timeframes — particularly useful for intraday traders and those using technical analysis strategies


Timeframes & Data Collection:

• The script tracks multiple timeframes (1m, 5m, 15m, 30m, 1H, 2H, 4H, 8H), storing their open, high, low, and close prices in arrays (trdh, trdc, trdo, trdl).
  
• It uses request.security() to fetch these values for the current symbol and specified timeframes
  

.

User Inputs:

• Base Timeframe: Chooses the primary timeframe for analysis.
  
• Bar Count: Determines how many bars to display.
  
• Border Thickness: Sets the visual thickness of box borders.
  
• Colors: Configurable for bullish, bearish, background, and borders
  

Visual Elements:

• Dynamic Boxes: Drawn using box.new(), these illustrate the range between high and low prices with the percentage change displayed inside.
  
• Candlestick Plots: Rendered for each tracked timeframe using plotcandle(), colored according to bullish or bearish price action and styled based on timeframe scaling.
  
• Regression Line: A linear regression line plotted over the selected timeframe’s close prices to capture trend direction.
  

Logic & Presentation:

• Determines the right timeframe index based on user input (base).
  
• Calculates percentage change from high to low and visualizes it with shaded boxes.
  
• Automatically deletes older boxes to maintain clarity.
  
• Customizes candle appearance based on timeframe granularity.