MTF Traffic Lights (EMA 9 & 20 + MACD) — realtime

vor 4 Tagen

MTF Traffic Lights (4H / 1H / 15m / 5m / 3m / 1m)

What it does
This indicator paints a compact “traffic-light” panel in the top-right of your chart showing the trend state on six timeframes: 4H, 1H, 15m, 5m, 3m, 1m.
For each timeframe it evaluates:

• EMA Trend: EMA(9) vs EMA(20)
  
• (Optional) Momentum Check: MACD histogram (≥0 or ≤0)
  

Color logic

• Green = EMA(9) > EMA(20) (and MACD hist ≥ 0 if enabled)
  
• Red = EMA(9) < EMA(20) (and MACD hist ≤ 0 if enabled)
  
• Yellow = Mixed / disagreement between EMA and MACD (or EMAs roughly equal)
  

Realtime behavior

• The 1-minute row uses live chart calculations so it can flip intra-bar as price evolves.
  
• Higher timeframes (3m/5m/15m/1H/4H) are computed on confirmed closes (no lookahead), so they update only when their candle closes—preventing repaint on those rows.
  

Why it’s useful

• Top-down alignment at a glance: Quickly see if your entry timeframe (1m/3m) is flowing with the “big current” (15m/1H/4H).
  
• Noise filter: Avoid counter-trend traps by waiting for green-on-green (or red-on-red) alignment before pulling the trigger.
  
• Momentum confirmation: Enabling the MACD check requires trend and momentum to agree (fewer but higher-quality signals).
  
• Trade management: Use shifts to yellow as an early heads-up that momentum is diverging from the EMA trend—tighten stops, scale down, or wait for re-alignment.
  

How it works (under the hood)

• EMAs: Fast = 9, Slow = 20 (fully adjustable).
  
• MACD: (12, 26, 9) by default; we use the histogram to judge momentum sign.
  
• Security calls: All higher-TF rows use request.security(..., lookahead_off) to avoid repainting; the 1m row uses the live chart stream for responsiveness.
  

Suggested ways to use it

• Entry filter: Only take 1m setups when minimum 3 timeframes align ( example 1m + 3m +15min are green; mirror for shorts in red.)
  
• Regime detection: Treat 4H/1H as the regime "bigger current"; if they’re both red, favor short setups even if lower TFs flicker green.
  
• Momentum mode: Turn Use MACD ON for stricter confirmation; OFF for a pure EMA view that’s more responsive.
  

Inputs

EMA Fast / Slow (default 9 / 20)
Use MACD for color (on/off)
MACD Fast / Slow / Signal (default 12 / 26 / 9)

Notes & best practices

• No alerts included: This is a visual dashboard. Pair it with your entry/exit indicator or strategy for alerts and execution.
  
• Repainting: HTF rows do not repaint (confirmed closes). The 1m row updates intra-bar by design; if you prefer it to wait for close, switch it to a confirmed calculation in code.
  
• Markets: Works on futures, stocks, FX, and crypto—any symbol supported by TradingView.
  

Bottom line: MTF Traffic Lights gives you a fast, reliable read on trend + momentum alignment across key timeframes so you can trade with the flow, reduce noise, and time entries with greater confidence.

vor 4 Tagen

Versionshinweise

MTF Traffic Lights (4H / 1H / 15m / 5m / 3m / 1m)

What it does
This indicator paints a compact “traffic-light” panel in the top-right of your chart showing the trend state on six timeframes: 4H, 1H, 15m, 5m, 3m, 1m.
For each timeframe it evaluates:

EMA Trend: EMA(9) vs EMA(20)
(Optional) Momentum Check: MACD histogram (≥0 or ≤0)

Color logic

Green = EMA(9) > EMA(20) (and MACD hist ≥ 0 if enabled)
Red = EMA(9) < EMA(20) (and MACD hist ≤ 0 if enabled)
Yellow = Mixed / disagreement between EMA and MACD (or EMAs roughly equal)

Realtime behavior

Uses live chart calculations so it can flip intra-bar as price evolves.


Why it’s useful

Top-down alignment at a glance: Quickly see if your entry timeframe (1m/3m) is flowing with the “big current” (15m/1H/4H).
Noise filter: Avoid counter-trend traps by waiting for green-on-green (or red-on-red) alignment before pulling the trigger.
Momentum confirmation: Enabling the MACD check requires trend and momentum to agree (fewer but higher-quality signals).
Trade management: Use shifts to yellow as an early heads-up that momentum is diverging from the EMA trend—tighten stops, scale down, or wait for re-alignment.

How it works (under the hood)

EMAs: Fast = 9, Slow = 20 (fully adjustable).
MACD: (12, 26, 9) by default; we use the histogram to judge momentum sign.
Security calls: All higher-TF rows use request.security(..., lookahead_off) to avoid repainting; the 1m row uses the live chart stream for responsiveness.

Suggested ways to use it

Entry filter: Only take 1m setups when minimum 3 timeframes align ( example 1m + 3m +15min are green; mirror for shorts in red.)
Regime detection: Treat 4H/1H as the regime "bigger current"; if they’re both red, favor short setups even if lower TFs flicker green.
Momentum mode: Turn Use MACD ON for stricter confirmation; OFF for a pure EMA view that’s more responsive.

Inputs

EMA Fast / Slow (default 9 / 20)
Use MACD for color (on/off)
MACD Fast / Slow / Signal (default 12 / 26 / 9)

Notes & best practices

No alerts included: This is a visual dashboard. Pair it with your entry/exit indicator or strategy for alerts and execution.
Repainting: HTF rows do not repaint (confirmed closes). The 1m row updates intra-bar by design; if you prefer it to wait for close, switch it to a confirmed calculation in code.
Markets: Works on futures, stocks, FX, and crypto—any symbol supported by TradingView.

Bottom line: MTF Traffic Lights gives you a fast, reliable read on trend + momentum alignment across key timeframes so you can trade with the flow, reduce noise, and time entries with greater confidence.

vor 4 Tagen

Versionshinweise

removed 4 hour chart.

60min, 15min, 5min, 3min & 1min