OPEN-SOURCE SCRIPT

Multi-Timeframe Market Regime (Ehlers)

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This Pine Script indicator provides an Ehlers-inspired multi-timeframe market regime analysis directly on your TradingView chart. It aims to identify whether the market is currently "Trending Up" (green), "Trending Down" (red), or "Ranging" (yellow) across Weekly, Daily, 4-Hour, and 1-Hour timeframes.

It uses custom implementations of:

Ehlers' Fisher Transform to highlight market extremes and potential turning points.

An Adaptive Moving Average (inspired by MAMA/FAMA) that adjusts its speed based on volatility to reduce lag in trends and provide stability in ranges.

The indicator displays a dashboard as a label on your chart, showing the detected regime for each of these timeframes, and optionally colors the background of your current chart timeframe to reflect its dominant regime.

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