OPEN-SOURCE SCRIPT
Pattern Multi-TF Dashboard
esigned to identify the three primary phases of price action: Contraction, Expansion, and Trend. By combining technical momentum (ADX) with price range volatility, this script provides a "top-down" view of the market, allowing traders to see how lower-timeframe price action fits into the broader market cycle.
Core Logic & Market Phases
The indicator classifies market conditions based on a proprietary blend of ADX (Average Directional Index) and price deviation from the Fair Market Value (FMV).
🟦 Contraction (Blue): Identified when ADX is low and price is consolidating within a narrow range relative to the FMV. This represents "market value" where orders are being accumulated.
🟧 Expansion (Orange): Triggered when ADX begins to rise and price pushes away from the FMV. This represents the initial breakout phase where the market is seeking a new value area.
🟩 Trend (Green): Confirmed when ADX remains high and price maintains direction. This is the "momentum" phase of the cycle.
⬜ Neutral (Gray): Default state when neither contraction nor strong momentum is detected.
Key Features
Multi-TF Dashboard: A dynamic, real-time table displaying the Phase, Bias (Bullish/Bearish), and FMV price for eight different timeframes (1m through Monthly).
Visual Bias Tracking: The "Bias" column is color-coded (Green for Bullish, Red for Bearish) based on whether price is trading above or below the Fair Market Value (Mid-point of the range).
On-Chart Inefficiencies (FVG): Automatically plots Green/Red triangles to highlight Fair Value Gaps, identifying areas of price imbalance where liquidity may be resting.
HTF FMV Overlay: Plots the Fair Market Value (Mid-line) of a user-defined Higher Timeframe (e.g., 4H) directly onto your current chart for easy trend reference.
Optimized Performance: Built specifically for Pine Script® v6, the dashboard is designed to update only on the most recent bar to ensure zero chart lag during manual scrolling.
How to Use
Identify the HTF Phase: Look at the background color of your chart to see the 4H or Daily phase.
Check for Alignment: Use the Dashboard to see if the 1m and 5m biases match the HTF bias.
Find Entry: Look for Inefficiencies (FVGs) that align with the Expansion or Trend phases for high-probability entry points.
Core Logic & Market Phases
The indicator classifies market conditions based on a proprietary blend of ADX (Average Directional Index) and price deviation from the Fair Market Value (FMV).
🟦 Contraction (Blue): Identified when ADX is low and price is consolidating within a narrow range relative to the FMV. This represents "market value" where orders are being accumulated.
🟧 Expansion (Orange): Triggered when ADX begins to rise and price pushes away from the FMV. This represents the initial breakout phase where the market is seeking a new value area.
🟩 Trend (Green): Confirmed when ADX remains high and price maintains direction. This is the "momentum" phase of the cycle.
⬜ Neutral (Gray): Default state when neither contraction nor strong momentum is detected.
Key Features
Multi-TF Dashboard: A dynamic, real-time table displaying the Phase, Bias (Bullish/Bearish), and FMV price for eight different timeframes (1m through Monthly).
Visual Bias Tracking: The "Bias" column is color-coded (Green for Bullish, Red for Bearish) based on whether price is trading above or below the Fair Market Value (Mid-point of the range).
On-Chart Inefficiencies (FVG): Automatically plots Green/Red triangles to highlight Fair Value Gaps, identifying areas of price imbalance where liquidity may be resting.
HTF FMV Overlay: Plots the Fair Market Value (Mid-line) of a user-defined Higher Timeframe (e.g., 4H) directly onto your current chart for easy trend reference.
Optimized Performance: Built specifically for Pine Script® v6, the dashboard is designed to update only on the most recent bar to ensure zero chart lag during manual scrolling.
How to Use
Identify the HTF Phase: Look at the background color of your chart to see the 4H or Daily phase.
Check for Alignment: Use the Dashboard to see if the 1m and 5m biases match the HTF bias.
Find Entry: Look for Inefficiencies (FVGs) that align with the Expansion or Trend phases for high-probability entry points.
オープンソーススクリプト
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。