OPEN-SOURCE SCRIPT

MTF Quad Rotation Stochastic + MTF TMO

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MTF Quad Rotation Stochastic + MTF TMO

This script is a comprehensive momentum and trend tool that combines multi-timeframe Stochastic Oscillators and True Momentum Oscillators (TMO) into a single, easy-to-read layout.

🔹 Multi-Timeframe Stochastic (Quad Rotation)

Plots 4 smoothed stochastic levels per timeframe (short to long lookbacks).

Supports 3 configurable timeframes, each plotted in separate visual zones (0–100, 100–200, 200–300).

Helps detect alignment or divergence of momentum across short, medium, and long-term views.

Generates shape signals when all stochastics align in overbought/oversold zones (1TF, 2TF, 3TF logic).

🔹 Multi-Timeframe TMO (True Momentum Oscillator)

Displays TMO for 4 different user-selected timeframes.

Each TMO shows its main and signal line with dynamic color change and cloud fill based on direction.

Provides strong visual cues for momentum trend shifts and cross-timeframe confirmation.

Includes signal markers (triangles) when TMOs align for bullish or bearish momentum.

🔹 Additional Features

Customizable OB/OS levels, cloud transparency, and visual display controls.

Alerts built-in for overbought/oversold MTF conditions and TMO shifts.

Suitable for scalpers, intraday traders, and swing traders looking for confluence and momentum exhaustion.

This indicator helps you visually track momentum strength, reversals, and trend confirmation across multiple timeframes in real time.

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