OPEN-SOURCE SCRIPT
Multi-Timeframe Trend Lines

📌 What This Indicator Does
This tool helps you see the direction of the market across different timeframes—all on one chart.
Imagine you're looking at the price of a stock, crypto, or any other asset. You probably know the price can move differently in the short term and the long term. This indicator draws slanted lines to show if the price is generally going up or down over different time periods—like the past 1 minute, 5 minutes, 1 hour, 1 day, or even 1 month.
These lines are colored:
Green if the price is going up (a rising trend).
Red if the price is going down (a falling trend).
You can choose which timeframes you want to see—like 5 minutes or 1 day—by ticking checkboxes.
✅ Why This Is Useful
1. Helps You See the Bigger Picture
Even if you’re trading on a short timeframe (like 5 minutes), this indicator shows you the trend in longer timeframes (like 1 hour or 1 day). This helps you avoid going against the overall direction of the market.
2. Gives You More Confidence
When several timeframes show the same direction (all lines green, for example), it gives you more confidence that the trend is strong.
3. Saves Time
Instead of switching between different charts (like going from a 1-hour chart to a daily chart), you can see all the trends right on your current chart.
4. Easier Decision Making
You can quickly decide if it’s a good idea to buy (when most lines are green) or sell (when most lines are red).
👶 Example for a Beginner
Let’s say you’re looking at a 15-minute chart and thinking of buying.
* The 15-minute line is green (short-term price is going up).
* The 1-hour line is also green (medium-term price is going up).
* The 1-day line is green too (long-term price is going up).
This is a good sign that everything is moving upward, and it may be safer to buy.
But if the 1-day line is red while the shorter ones are green, it might mean the upward move is just temporary. That’s something to be careful about.
This tool helps you see the direction of the market across different timeframes—all on one chart.
Imagine you're looking at the price of a stock, crypto, or any other asset. You probably know the price can move differently in the short term and the long term. This indicator draws slanted lines to show if the price is generally going up or down over different time periods—like the past 1 minute, 5 minutes, 1 hour, 1 day, or even 1 month.
These lines are colored:
Green if the price is going up (a rising trend).
Red if the price is going down (a falling trend).
You can choose which timeframes you want to see—like 5 minutes or 1 day—by ticking checkboxes.
✅ Why This Is Useful
1. Helps You See the Bigger Picture
Even if you’re trading on a short timeframe (like 5 minutes), this indicator shows you the trend in longer timeframes (like 1 hour or 1 day). This helps you avoid going against the overall direction of the market.
2. Gives You More Confidence
When several timeframes show the same direction (all lines green, for example), it gives you more confidence that the trend is strong.
3. Saves Time
Instead of switching between different charts (like going from a 1-hour chart to a daily chart), you can see all the trends right on your current chart.
4. Easier Decision Making
You can quickly decide if it’s a good idea to buy (when most lines are green) or sell (when most lines are red).
👶 Example for a Beginner
Let’s say you’re looking at a 15-minute chart and thinking of buying.
* The 15-minute line is green (short-term price is going up).
* The 1-hour line is also green (medium-term price is going up).
* The 1-day line is green too (long-term price is going up).
This is a good sign that everything is moving upward, and it may be safer to buy.
But if the 1-day line is red while the shorter ones are green, it might mean the upward move is just temporary. That’s something to be careful about.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Trade forex, indices, stocks and metals with up to US$100.000 in company's funding.
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Trade forex, indices, stocks and metals with up to US$100.000 in company's funding.
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.