OPEN-SOURCE SCRIPT
MTF TrendMatrix
MTF TrendMatrix – Multi-Timeframe Trend & Signal Dashboard
MTF TrendMatrix is a versatile, visual indicator designed to help traders quickly understand market trends and potential entry opportunities. It combines higher timeframe MACD, RSI signals, EMA confirmations, and volatility analysis into a compact, easy-to-read dashboard panel.
Key Features:
- Higher Timeframe MACD Trend:
Detects whether the market is in a bullish, bearish, or neutral regime based on MACD on a
higher timeframe. Helps you trade with the larger trend.
- RSI Momentum Setup:
Highlights potential oversold or overbought conditions in line with the macro trend. Shows
when a bullish or bearish reversal setup is forming.
- EMA Confirmation Filter:
Confirms signals only when the price moves above or below a user-defined EMA. This reduces
false entries and ensures trades align with the trend.
- Volatility Indicator:
Uses ATR (Average True Range) to classify the market as low, medium, or high volatility,
helping you understand if the market is calm, trending normally, or in an expansion phase.
- Next Potential Signal:
Shows a clear message when a bullish or bearish confirmation is possible on the current chart.
- Visual Dashboard Table:
A clean top-right panel displays all the information in one glance:
- Current HTF trend (Bullish / Bearish / No Trade)
- RSI setup (Bullish Oversold / Bearish Overbought / Normal)
- Next potential signal (Waiting for confirmation / None)
- EMA bias (Above EMA / Below EMA / Near EMA)
- Volatility level (High / Medium / Low)
- Chart Markers & Alerts:
Signals are also displayed on the chart as triangles with color-coded backgrounds, and alerts
can be triggered when a confirmation occurs.
⚠️This indicator is for educational and informational purposes only. It does not guarantee
profits and should be used alongside proper risk management.
MTF TrendMatrix is a versatile, visual indicator designed to help traders quickly understand market trends and potential entry opportunities. It combines higher timeframe MACD, RSI signals, EMA confirmations, and volatility analysis into a compact, easy-to-read dashboard panel.
Key Features:
- Higher Timeframe MACD Trend:
Detects whether the market is in a bullish, bearish, or neutral regime based on MACD on a
higher timeframe. Helps you trade with the larger trend.
- RSI Momentum Setup:
Highlights potential oversold or overbought conditions in line with the macro trend. Shows
when a bullish or bearish reversal setup is forming.
- EMA Confirmation Filter:
Confirms signals only when the price moves above or below a user-defined EMA. This reduces
false entries and ensures trades align with the trend.
- Volatility Indicator:
Uses ATR (Average True Range) to classify the market as low, medium, or high volatility,
helping you understand if the market is calm, trending normally, or in an expansion phase.
- Next Potential Signal:
Shows a clear message when a bullish or bearish confirmation is possible on the current chart.
- Visual Dashboard Table:
A clean top-right panel displays all the information in one glance:
- Current HTF trend (Bullish / Bearish / No Trade)
- RSI setup (Bullish Oversold / Bearish Overbought / Normal)
- Next potential signal (Waiting for confirmation / None)
- EMA bias (Above EMA / Below EMA / Near EMA)
- Volatility level (High / Medium / Low)
- Chart Markers & Alerts:
Signals are also displayed on the chart as triangles with color-coded backgrounds, and alerts
can be triggered when a confirmation occurs.
⚠️This indicator is for educational and informational purposes only. It does not guarantee
profits and should be used alongside proper risk management.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.