MTF Candle Bias Table

14. Apr.

MTF Candle Bias Table
Brought to my attention by Max Algo — credit and appreciation to them for sharing this.

A clean, at-a-glance multi-timeframe dashboard that tells you where price is biased across up to 7 timeframes simultaneously — no more flipping between charts.
What it shows:
For each timeframe you choose, the table displays:

Candle — whether the current candle is bullish or bearish (close vs. open)
Bias — directional bias based on whether price has breached the prior bar's high or low
Trend — whether price is trading above or below a configurable EMA (default 50)
Hold/Fade — whether price is holding the bias level or fading it
Score — a confluence score (0–3) combining candle, trend, and hold alignment
Accuracy % — a rolling back-tested accuracy rate showing how often the bias predicted the next candle's direction correctly, over a selectable lookback period (1 day to 1 month)

A Bias Score row at the bottom gives you an instant bull vs. bear count across all visible timeframes, color-coded green or red based on overall market lean.
A session label (NY Open, Midday, PM Close, Globex, Overnight) keeps you oriented in the trading day at all times.
Customization:

Enable/disable any of the 7 timeframes individually
Toggle columns on/off (Trend, Hold, Score, Accuracy)
Vertical or Horizontal table layout
Symbols-only mode for a more compact view
Full color and position control

Great for confluence-based trading — use it to quickly confirm whether multiple timeframes agree before entering a trade.

Here's a breakdown of each feature straight from the logic in the code:

TREND
The trend column compares the current closing price to an EMA (default 50, but you can change the length). If close is above the EMA, it shows "↑ ABOVE" (bullish). If close is below the EMA, it shows "↓ BELOW" (bearish). This is calculated on each timeframe independently, so your 1m and 1D can show completely different trend readings. It's essentially asking: is price on the right side of the moving average on this timeframe?

HOLD vs. FADE
This column is tied directly to the Bias. Once a bias is established (bull or bear), Hold/Fade tells you whether price is respecting that bias level or failing it.

If the bias is bullish (price broke the prior bar's high), Hold checks whether the current close is still above that prior bar's high. If yes → ✓ HOLD. If not → ✗ FADE.
If the bias is bearish (price broke the prior bar's low), it checks whether the current close is still below that prior bar's low. If yes → ✓ HOLD. If not → ✗ FADE.
If there's no bias (neutral), it just shows a dash.

Think of it as a confidence check — a bias that's holding is stronger than one that's already fading.

SCORE (0–3)
The score is a simple confluence counter that adds up how many things are aligned with the bias. It scores a point for each of the following:

Candle agrees with bias — the current candle is bullish and bias is bullish, or both bearish
Trend agrees with bias — price is on the correct side of the EMA relative to the bias direction
Hold is active — price is holding the bias level (not fading)

So a score of 3/3 means everything is aligned: the bias is set, the candle confirms it, the trend supports it, and price is holding the level. A score of 0 or a dash means the bias exists but nothing else is confirming it. Neutral biases always show a dash regardless.

ACCURACY %
This is the most unique feature. It tracks, historically, how often the bias on each timeframe correctly predicted the direction of the next completed candle. Here's how it works:

Each time a new bar closes on a given timeframe, the indicator looks back at what the bias signal was on the previous completed bar
It then checks whether that bias was correct — did a bullish bias lead to a bullish close? Did a bearish bias lead to a bearish close?
It keeps a rolling log of those results (1 = correct, 0 = wrong) and calculates the percentage of correct predictions
The lookback window is controlled by your Accuracy Period setting (1 Day, 3 Days, 1 Week, 2 Weeks, or 1 Month), and it automatically scales the number of bars based on the timeframe

The color coding gives you a quick read:

🟢 Green (60%+) — the bias signal has been reliably predictive
🟡 Yellow (50–59%) — marginally better than a coin flip
🔴 Red (below 50%) — the signal has been more wrong than right recently

This helps you know which timeframes are currently giving trustworthy signals and which ones to treat with skepticism.

16. Apr.

Versionshinweise

Here's what's new and how to use it practically:
VWAP Column — now sits between Hold and Score in the main table. Teal = above VWAP, purple = below. The key read: a bull bias with VWAP showing ↑ ABOVE is a much higher probability trade than one fighting from below. If every TF shows bull bias but the VWAP column is all purple, that's a warning flag.
Key Levels Table (default Bottom Right) — shows PDH, PDL, PDMid, PWH, PWL with live distance % from current price and a 3-tier status:

🟢 CLEAR — price is beyond your proximity threshold, level isn't a factor right now
🟡 WATCH — price is approaching the level, start paying attention
🔴 NEAR — price is within half the threshold, this level is likely in play

The DIST% column is the most useful number — positive means price is above the level, negative means below. A bull bias firing at +0.08% above PDH means you're basically sitting on it. A bear bias firing at -0.05% below PDL is the same problem from the other side.
The proximity threshold is adjustable in settings (default 0.25%) — tighten it for instruments with small daily ranges like bonds, widen it for volatile names.
PDH/PDL/PDMid lines also plot directly on the chart (toggleable), so you can see visually where price is relative to the levels without switching to a daily chart.