Multi-Timeframe Market Structure Bars v2

Summary
This script presents a real‑time dashboard of market structure across multiple user‑defined horizons, using color‑coded bars to signal bullish or bearish bias on each timeframe. Traders gain an instant, consolidated view of market sentiment—from longer‑term to ultra‑short‑term—without switching charts, enabling faster, more informed decisions.


What It Is
The Multi‑Timeframe Market Structure Bars indicator displays a row of bold bars—one per timeframe—in a dedicated panel, each bar changing color to reflect the underlying market bias on that timeframe.


Rather than plotting price or overlays on your main chart, it offers a snapshot‑style layout, with the topmost bar representing your longest timeframe and the bottom bar your shortest.


Core Functionality
Unified Trend Vision: By stacking multiple bars vertically, the script condenses what would otherwise be separate trend analyses into a single glance.


Configurable Horizons: Each bar’s timeframe is fully adjustable, so you can tailor the display to any set of periods—e.g., weekly down to one‑minute—matching your trading style.


Instant Bias Signals: As market conditions shift, individual bars switch color immediately, revealing structure shifts across all monitored timeframes.


Benefits to Traders
Speedy Decision‑Making: Quickly confirm whether short‑term moves align with the broader trend, reducing hesitation and late entries.


Avoids Context Switching: No need to flip between multiple charts—everything you need is in one concise panel.


Enhanced Trade Filters: Use the dashboard as a pre‑filter, only taking setups when multiple bars indicate the same bias.


Visual Clarity: The bold, high‑contrast design ensures even rapid chart scrolling or zooming won’t obscure your read on the market.


How to Use
Set Your Timeframes

Input your preferred periods for each bar (e.g., “Daily,” “4H,” “1H,” “15m,” “5m”).


Monitor Bar Colors

Green (or your bullish color) means that timeframe’s structure supports upward bias; red (or bearish) means downward.


Align with Your Strategy

Only initiate trades when the majority (or all) of bars point in your intended direction, ensuring multi‑horizon agreement.


Set Alerts on Flips

Create alerts tied to bar‑color changes to be notified the moment a key timeframe shifts, keeping you on top of evolving conditions.


Practical Tips & Considerations
Non‑Repainting Behavior: Signals reflect confirmed shifts and will not retroactively change once drawn, giving you confidence in their reliability.


Lag Awareness: Like any structure‑based tool, rapid spikes or whipsaws can lead to delayed flips; consider coupling with price‑action checks.


Panel Placement: Since this indicator runs in a separate pane, you can stack it above or below other context tools (e.g., volume profiles) for a layered analysis.


Complementary Use: Best employed as a confirmation layer rather than a standalone signal generator—combine it with entry triggers or risk‑management rules for optimal results.


By abstracting complex, multi‑timeframe analysis into a simple, intuitive interface, this indicator empowers you to maintain a clear, consolidated view of market structure—helping you spot alignment, filter trades, and react quickly without revealing every calculation detail under the hood.